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June 29, 2024
To 10year bond market. Yields moving down by six basis points. There were concerns. Those have dissipated and the rally is pretty strong. Sterling down. 5 of 1 . Three week low. Serious shade being thrown at theresa may today. Jonathan its one of the cruelest things ive ever had to watch from a politician for quite a while. David it was an important speech. Jonathan the letters dropping off the wall behind. Couldnt have gone much worse. Alix david . David time for the morning brief. Coming up, w...
June 29, 2024
Week look at what happened overnight in asia. The nikkei eking out another gain a gain of 9 points, but thats the 14th day in a row that weve been looking at gains for the nikkei these are the highest levels weve seen in 21 years nikkei closing at 21,457 the hang seng with a gain of 1. 17 . And the shanghai up by 0. 28 the dax is up, the cac in france is up by 0. 21 spain is up, but just barely look at crude oil snapped a fourday winning streak. It is still above 50s a b s a on the wall street a...
June 29, 2024
Politburo Standing Committee will make up chinas direction for years to come. Haidi bitcoin topping 100 billion in value, reaching that milestone faster than apple. It is now worth more than american express. Rishaad a look at what happened in new york. Another record for the dow. The s p 500 acting effectively as a quasibond. This is a situation going back to 2008. The white line looks at dividend yields on the s p 500, an average just shy of 2 . The chief global strategist writing in a report ...
June 29, 2024
President trump has offered tougher screening of immigrants following the attack in new york. Down a bike lane in manhattan a truck injured almost a dozen. A Police Officer was shot and arrested the suspect according to the New York Times he was found near the truck indicating that the suspect was not related to the islamic state. On capitol hill, a House Republican scheduled the release by a day. There are unresolved questions about the Corporate Tax rate cuts and other proposals. Republicans a...
June 29, 2024
Down to 67 basis points today. Road map begins with the year of trump. One year since donald trump historic run, is there still room to run for the stock market rally that followed . A snap lifeline tencent posts a 10 stake. A snapchat redesign. A president ial warning to north korea, do not try us we will go live to beijing, the latest stop in the president s tour of asia it was the year ago today that donald trump was elected president , market history has been made with stocks constantly hitt...
June 29, 2024
But the do nothing approach of the past, recent past will not work. We cant let them stop us because hardworking families are waiting. Theyre waiting on us to quit stuffing our own pockets and start putting money back into theirs. Mr. President , i yield the floor. Its note the absence of a quorum. The presiding officer the clerk will call the roll. Quorum call mr. Mcconnell mr. President. The presiding officer the majority leader. Mr. Mcconnell i ask consent that further proceedings under the q...
June 29, 2024
Saudi arabia over the last two weeks. Feels like these days if you want a look at the implications in the oil market you need to be a geopolitical analyst at the same time and know about the ins and outs of the mideastern policy do you think its really just a geopolitical risk premium added to the oil markets is that actually something, the saudi arabia situation, that could impact the balances overall . Well, what were seeing leaving aside the geopolitical tensions for a moment is that there ha...
June 29, 2024
The speaker pro tempore on this vote the yeas are 234. The nays are 193. The previous question is ordered. The question is on adoption of the resolution. Those in favor say aye. Those opposed, no. The gentleman from florida. Mr. Hastings mr. Speaker, i ask for a recorded vote. The speaker pro tempore the ayes have it. A recorded vote is requested. Those favoring a recorded vote will rise. A sufficient number having arisen, a recorded vote is ordered. Members will record their votes by electronic...
June 28, 2024
Far welcome to squawk alley for a wednesday. John fortt, sarah eisen and myself watching the market creep a little higher. Dow up 37. White house expected to unveil a tax plan later this afternoon. Stev stev Steven Mnuchin gave us a sneak peek. Reporter big tax day here at the white house. Here is what we know about what is in this plan according to a Senior Administration official that gave this tip sheet to our john harwood. Starting with that 15 Corporate Tax rate, a big cut for corporations ...
June 28, 2024
A core attribute of sorn vernty is maintaining control over u. S. Bond driz. This failure has allowed millions of foreign nationals to enter the suts United States illegally and allowed huge amounts of narcotics to be smuggled into the country. The sorry state of affairs has had significant consequences for american taxpayers, for victims of violent crime, and for the rule of law. It is time to secure the border. A central issue of the president s 2006 campaign was the promise to build, quote, a...