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June 30, 2024
Id like to ask everybody to come back in and take your seats. Okay. Well, weve had two excellent key note briefs this morning. Both our speakers spoke to the comp reense haddive review. The u. S. Navy issued the comprehensive review of the recent incidents at sea that occurred within the last year. Almost all obviously forward in the western pacific. One cruiser that grounded and another involved in the collision with a chinese ship and two destroyers that collided with large merchant ships that...
June 30, 2024
Traders barely blink but on the underpricing the risk . A merrier christmas than expected. Beatlothing chains sales projections. Is the british consumer down but not out . Lets talk about these markets. Lets figure out we can expect here in europe. It was a solid story in the United States. Maybe we saw it started to be pricing in in europe. Looks like the dax is going to open reasonably positively. Ftse is going to have a fairly solid start as well. Indicates we could be out for 5 on the beginn...
June 30, 2024
In a much more muted fashion a techinspired rally. We also had the russell, mid caps, transports all nicely higher slightly higher this morning, but only slightly. The one question mark yesterday given the rally was that the bank stocks did not take part, particularly on a day where yields rose as well. Lets look at yields they rose nicely yesterday so it was a proper riie risk ony the tenyear, 2. 46 this morning. Markets around the world asia was nicely stronger yesterday. Today stronger again ...
June 30, 2024
Huma abedin. With classified emails to her yahoo accounts. But first our top story, Trump Administration ramping up pressure on iran as the country is roiled by antigovernment protest, thousands have taken to streets over past 6 days to protest a dismal economy, rising inflation, and unemployment and allegations of widespread corruption. President trump is praising the protesters for finally acting against the what he calls a brutal and corrupt regime. It takes great bravery for iranian people t...
June 30, 2024
2004. Markets, isthe similar playbook to what we saw in 2017. Records for the major averages. Technology leading again. A pretty broadbased rally. Energy and Consumer Discretionary also getting a lift today. Lets talk car manufacturing. We are getting the december u. S. Auto sales figures for the major auto manufacturers. We are seeing the numbers come in with declines in many cases. General motors down 3. 3 . The estimate was for a decrease of 7. 3 . Ford posting unexpected gain in its sales of...
June 30, 2024
Rishaad going to bring you up some history. Another record for the s p 500 recordht good 2017s year does not necessarily mean that 2018 is going to be a bad one. Lets bring up for two to three. Ityou have a great year, means quite often that you will get not a good year the following. Thats the synopsis we have going back to 1938 todays game, not tomorrow spain. The s p 500 on track for a 20 increase last year. It was matched 20 times in the last 80 years. Higherck market was three quarters of t...
June 30, 2024
Congressional leaders of both parties. Lawmakers repeatedly punted on the issue of a spending plan last year. Now have until january 19 until two p something together. To flush and a corresponding Kevin Cirilli is on capitol hill with the latest. Kevin, this meeting coming up in less than two hours. Give us the just. What are we expecting today . What do they hope to achieve . To be a fly on the wall for this meeting. To discuss with lawmakers about that january 19 deadline. You will remember ba...
June 30, 2024
He had to reach across the aisle. Q and a, sunday night at 8 00 eastern on cspan. Coming up next, a forum on Global Security and a recently completed naval review of the seventh fleet collisions at sea that took place last year. The vice chief of Naval Operations also speaks at this u. S. Naval institute forum. I would like to ask everybody to come back in and take your seats. Okay. Weve had two excellent keynote briefs this morning. Both our speakers spoke to the comprehensive review. The u. S....
June 30, 2024
S p futures up by four points. Eurodollar a little bit weaker. The dollar is finally getting a rally. The first time in about five days. 10 year yield pretty much goes nowhere. We had the big selloff all across the bond market. By. 5 . The 10 year breakeven rate is up over 2 . Level it crossed that level just yesterday into the fed meeting. It looks like the market is starting to price in more future inflation. I am sure we will understand it all after we read those minutes. Lets get a on whats ...
June 30, 2024
16. It is not letting up with the cycloned bomb getting ready to hit the east coast with snow and high winds. More than 2000 flights have already been canceled. This is bloomberg. Im Alisa Parenti. Bloomberg technology is next. And thism emily chang, is bloomberg technology. Tesla struggles to manufacture for the masses, pushing back a crucial Production Target. Plus, blackberry Ceo John Chen joins us to talk about the companys partnership with baidu and its push into self driving cars. Hasssagi...