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June 29, 2024
Today. They are all falling led by greece. Down by over 1 . European stocks falling for the fifth day. Worst run since may. Sterling is down. We will come to that with David Blanchflower. Finalcommodities is your three columns. A quick peek at the european economy. Its on track for its best year in a decade. Headed towards a golden period. Still, the recovery is lagging behind that of the u. K. And the u. S. Growth is nowhere near levels recorded at the start of the millennium. Unemployment in t...
June 29, 2024
Will affect your money. The sun is just now marking up the tax bill. The house is heading towards a boat on its version this week. For the iconic american brand. The investors are unimpressed with the new of the conglomerate. It is the worst performer this year. They are plunging the most in more than eight years. It has been cut in half. We have the action there for you. For the First Time Ever. They are finally removing the most radical extremist terrorist. He was killed six years ago by a dro...
June 28, 2024
Tell us volatility is back, but were not seeing it. This morning the vix is trading at 10. It marked the second time this year that the vix traded below 10. Overnight in asia, take a look and youll see the nikkei was up by 0. 7 . Hang seng was up by a third of a percent. The shanghai was down by a third of a percentage point. In europe, some of the early trading, things are relatively calm. Ftse up by a half percentage point. Modest gains for the cac and dax. Among the top stories, big news out ...
June 28, 2024
Discussion about a shutdown again. Why would we have a shutdown in september . If the appropriations process is still not working by september, that is a bad thing for the country. One of the things that we like as members of the government is that the proper functioning of the appropriations process is critical to the constitutional function of the government. The house and senate are supposed to use the power of the purse. When they dont do appropriations bills, our constituents voices are not...
June 28, 2024
Discussion about a shutdown again. Why would we have a shutdown in september . If the appropriations process is still not working by september, that is a bad thing for the country. One of the things that we like as members of the government is that the proper functioning of the appropriations process is critical to the constitutional function of the government. The house and senate are supposed to use the power of the purse. When they dont do appropriations bills, our constituents voices are not...
June 28, 2024
Record highs take a look at the percentage gain in the nasdaq more than 1 lets start with the meeting of the minds in d. C as we await comments from President Trump. Eamon javers has the very latest reporter it is as you say a glittering collection of ceos at the white house today. Were waiting for the president in the east room we expect hes going to come in and participate in a roundtable discussion the ceos have been here all day. Take a list at took at the listf prominent names. I was brough...
June 28, 2024
Why . Because of comments out of the delayed speech. Mark carney seemingly talking of holding off weight kite rate and weaknesses in domestic inflation pressure. This affects the u. K. Yield, so bonds are rallying. Up about. 1, but not seeing that correlation we usually see with the british pound. That seems to have broken down and barclays, down. 25. Four former executives charged of conspiracy to commit fraud. We will be taken that further as we go on. We have had a weaker day for the pound. T...
June 28, 2024
Be as markets are giving us a lot, a lot of news, just in themselves. There is a lot overall. Oil is still sliding. Global stocks are retreating and you can see that clearly in europe with the stoxx 600 down 0. 7 . The yen strengthening. We see a risk off mode with crude oil tumbling into a risk off mood. That will persist. We also want to look at the shanghai equities, and the chinese domestic stocks. I will show you that shortly and then the pound, of course, it is the cleans speech it is the ...
June 28, 2024
Expect sluggish growth. He said he wants to take that think about and rates. Oil is currently unchanged. It has been bouncing around all morning long. Yesterday falling to as low as 42. 75 a barrel. It is entering a bear market, the 21 to its peak, and dollar coinciding somewhat with oil. That is holding your a onemonth high, gaining as much as 1 over the past two weeks. Lets get an update on what is making headlines outside the business world. We are checking in with them on first world news. H...
June 28, 2024
For stockholders definitely. For their patients maybe not so much. But that is getting a little bit into the weeds here. Lets focus on the Bigger Picture this is finally out there. There is bickering back and forth the timing of all of this, whether this is obamacare light. You heard all the criticism, protests amassing on capitol hill those say it goes too far, that it will kill americans. Protesters are going that far. To adam shapiro on latest on all of that. Hey, adam. Reporter better care r...