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June 29, 2024
You also have to stand up. Just because some of the comes in and says you should change the business model, it does not mean you have to go do it. That is what leadership is all about. Him and confidence in his stockholders have confidence in him, they will let him go and ride with him through the tough time because yeah shown in the past that he can do it. He is not going to make all the right decisions, but longterm, he can keep going. The Life Expectancy of ceos in america is 45 years, depend...
June 29, 2024
Whats actually moving. What you are looking at is the percentage of New York Stock Exchange stocks closing above their 200 day average, we are pretty low. Stocksonly at 36 of the trading above that technical level. We are around the lows of the year, i should point out. That is a bearish signal or a concerning signal, perhaps, for the rally sustaining itself. Elseet something technical analysts were looking at was the dow transport average. The big transportation related coverage for companies, ...
June 28, 2024
Europe. Bloombergng, this is surveillance. These tech stocks are on the move. That is filtering through to what we are im looking at suppliers over in asia. There are definitely gains on the index, but also here in europe. We do have an opec meeting on august 7 so that is your quick market check. Donald trump was involved in crafting a meeting with a russian lawyer. It provides an account made by the president s own lawyer to exterior. U. S. Senate has confirmed Christopher Wray as a new directo...
June 28, 2024
Well. It is important to remember that june did coincide with the weeks price for iron ore so far this year at 50, 55 per ton before recovering to 65 a time later in the month and coincided with the beginning of this strength in the australian dollar. Of the austrian dollar, it is slipping, though not enormously so. A bit of a miss for the june trade data, 856 million. Rishaad thank you so much for that. Thats get it to sophie at reactionlooking to that and the pmi number. The dow puts in an all...
June 27, 2024
Themarket has discounted positives and of the negatives of trump toss collection. Trumps election. Vonnie looking forward to a lot of that coverage all day. In the u. S. We are about 30 minutes into the trading session. Sa next trading action abigail mixed trading action. The dow opened lower. The week is relatively young but the dow was on pace for its second weekly decline. A little bit of a bearish trend that as you can see both the s p 500 and the nasdaq are trading slightly higher fluctuati...
June 27, 2024
European equities are trading 30 minutes into the session. Stocks are falling in europe, the biggest threeday drop since november 4. Donald trumps firing of the acting attorney general adding about uncertainty decisions in the new administration. Thats the biggest drop since november 2. And currencies are rising against the dollar. Look at the greek 10 year yield still no agreement between the latest bailout review itseen greece and creditors. Lots of Corporate News to tell you about shell accel...
June 21, 2024
Prices fell back after the new king said he would maintain his predecessors policies. Financial markets are advancing adjusting to the ecbs announcement. One who is definitely the head of japans central bank. He spoke to bloomberg in davos. Growth could be accelerated. Both would be beneficial to the worlds economy including the japanese economy. We welcome this action. Japan may need to look at new options for stimulus. Earlier this week, the bank of japan cut inflation forecast to 1 . In greec...
June 19, 2024
Are rising after the fed indicated it wont raise rates. We are going to learn later today whether alibaba will be the biggest ever ipo. Pricing tonight and they start trading tomorrow. Bayer has from decided to focus on his crop chemicals unit. Their ending years of speculation as to what they would do with the unit. But to stay, or to go . That is the question. Voters in scotland will provide that answer. The 307yearold union with the u. K. Will come down to a ballot. We cant give you all resul...
June 19, 2024
[applause] [inaudible conversations] Timothy Geithner talks about dealing with the 2007 2008 financial crisis as president of the Federal Reserve bank of new york and later as president obamas treasury secretary. This is about an hour. [applause] i had a Pretty Simple question to start. Why did he write a book . Andrew sullivan said in the book as much as you hate to explain you very much want to be understood. Is that true . Why did i write the book . Good question. I never thought i would. I h...
June 19, 2024
Brands the ceo, nigel travis, will sell will tell us how the weather wreaked havoc on last quarters numbers and how hes feeling the coffee price pain. We will get his reaction when his competitor, starbucks, reports after the bell. Lets move onto to the stocks we are watching julie hyman keeping an eye on the stock. Rex you had mentioned apple and the stocks trading higher. The number of different factors with the company raising its buyback authorization. Raising it dividend and announcing a 71...