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June 29, 2024
With the headlines. Julie we have one item of breaking news, construction spending. Month over month, it is a disappointment. It looks like it is more than made up for based on the revision from the prior month, an increase of 1. 8 , up from 0. 8 . Getsee that the may bar bigger as the june bar is smallre. A strange situation with the isn manufacturing. The numbers coming out early. We saw manufacturing in the u. S. Cooling in july from the highest level in five months. The reading is down from ...
June 29, 2024
Catalonia calls for International Mediation and its bid for independence from spain as pressure mounts on madrid to resolve the spiraling crisis today catalans are set to strike in protest of Police Violence during sundays referendum. And as gay Marriage Equality takes effect in germany many same sex couples want to start families too we need to pair hoping theyll become parents soon under new laws allowing people of the option rights. Also in the program its twenty seven years since germany was...
June 29, 2024
At the high of the day joe, the meltup continues. Steve and i were talking before the show. Surat and i also had a conversation about how methodical the rise it its almost like walking up that staircase. I think its interesting, tomorrow youre going to get the unemployment report. I think you have to begin to really price in is this also beyond just good earnings, scott, is this about growth accelerating is this about repricing the economy maybe towards 2. 5 , something that we didnt think was p...
June 29, 2024
Years women arguing that we need more grant money, more donor financing and that has all been great. What we knew the Human Capital project is to say look ministers of finance, we will put on a ranking of where you stand in terms of your stock of Human Capital and what you are doing to increase your Human Capital. And where you come out on this list may very well determine how quickly you grow. The dynamicange from one in which the developing countries wait for the supply of funds to come in whi...
June 29, 2024
Not Much Movement on the face of things. Julie we are seeing another very tight trading range just as we saw, yesterday. Fiveandahalf and a half points is the swing in the s p 500. After a record close yesterday for all three major avenues, any gains today would mean records once again. We are watching the fallout from that executive order on health care that the president just signed and we are seeing a mixed impact. You are some of the hospitals. Here are some of the hospitals. This executive ...
June 29, 2024
A Malaysian Police officer testified today in a trial of two women accused of murdering the estranged brother of kim jongun. The officer says the women were seen on Airport Security video with two men were believed to him provided news to kill in february. Both women are pleading not guilty not guilty. They will have death sentences if they are convicted. This is to prevent a repeat of augusts deadly incidents when white nationalists dissented on the city. One counter protester was killed which ...
June 29, 2024
Steelmaker. Very damaging for japans managing sector. The i. M. F. Puts out a sunny growth forecast. Christine sheds light on the support. We see the sun shining but we also are seeing the clouds on the horizon. Fed president s add inside insight. Really nervous expectations are low. Were not trying to address the relative price changes that occur in the economy, were trying to get the underlying rate. Plus, economists consider the conundrums of tax reform. Has to be basebroadening as well. Grow...
June 29, 2024
If youre an investor you want to always Pay Attention to what the news is and probably shouldnt discount anything, but the real question is do you react to it . So we actually went back and looked, every single iphone launch within lets say the span of six weeks there were supply chain rumors making their way to the sell side that generated either cautious notes. In other words, these things are never like, hey, were hearing great things about the next iphone, time to get in you almost never saw...
June 29, 2024
About what we saw in the u. S. Delegating, treasuries falling. The latest of elements in showingon seem to be optimism on the markets. Rebounding after the selloff we saw yesterday. We are looking at gold heading for its fifth weekly drop. Save havens seem to be losing favor with investors today. Those are your markets. We have a great guest lineup today. And others join us. As theresa may negotiates in brussels, opposition labor gives us his take on brexit. Lets get to the bloomberg worst the u...
June 29, 2024
Good wednesday morning welcome to squawk alley. Im Carl Quintanilla joining us this morning former ceo with us, a mentor at index ventures good to have you with us were down 85 points some of the selling is intensifying although the losses are not huge, the dow and s p are having their biggest oneday drop in about seven weeks. Worst performing sector is telecom. Thats a small sector, big move on at t, causing after earnings miss last night. A few other earnings movers to speak of, were seeing we...