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June 29, 2024
Rishaad oil prices down by 3 over the last three days. Big falls overnight are having repercussions, in particular for australian markets and the aussie dollar. It may be a bit of a brighter prospect if you are an oil bull in the future. It does suggest that if you look at 2021, prices are likely to be breaking to the upside. Deliveries in the near future having a higher price of those made later on. You could also argue that rising longterm prices show the market is going to the view that high ...
June 28, 2024
Is always one step away from the slaughterhouse, include thing one. Every day is the last day of the bull its been that way for as long as ive been following the stock market its going to stay that way. Just a fact of life. Like when you get a daily today that repels the averages from double digit gains, dow dipping 62 points, s p declining, nasdaq losing 0. 82 youre going to hear that the bull has died of xexhaustion after a hard, long run the bull welcome the bear. So tonight lets deconstruct ...
June 28, 2024
European countries, about a dozen Eastern European countries before he gets here for the Worlds Largest economy. The country that has taken a front and center stage here is one that will be a part of none of these talks. That being north korea after the launch of its latest Intercontinental Ballistic Missiles. The president was asked at the press conference what he might do about it. Does he think north korea will take a uturn . Is the president at this point willing to take military action . Th...
June 28, 2024
Corruption verdict. That verdict is going to be closely watched in south korea. Markets are waiting with bated breath, on the fed speakers at jackson hole. Be payingen will attention to tomorrow here in the u. S. There were some jitters in the markets. Ceilingk about the debt rattling investors. The dow off 30 points. Off 1 . Aq also s p down 2 10 of 1 . The declines are there but not as much as you might expect. Most investors are on the sidelines awaiting janet yellen and her comment. Yes. We ...
June 28, 2024
We will discuss with david lee and just a bit. Im Katie Greifeld in new york. We have hovering near alltime highs. At the stock level, things are much more exciting. Take a look at the nasdaq 100 we have that bond market rally continue. About five basis points right now. It could change tomorrow when we have those pce numbers, but for right now, one stock we are watching is walgreens. It cut its profit forecast for the full year. Joining us now with more is fiona rutherford. This is the second t...
June 28, 2024
We will discuss with david lee and just a bit. Im Katie Greifeld in new york. We have hovering near alltime highs. At the stock level, things are much more exciting. Take a look at the nasdaq 100 we have that bond market rally continue. About five basis points right now. It could change tomorrow when we have those pce numbers, but for right now, one stock we are watching is walgreens. It cut its profit forecast for the full year. Joining us now with more is fiona rutherford. This is the second t...
June 27, 2024
Mario, we talked about the banks on this show almost every day since the election and for good reason, they have soared. What do you think of this particular call that may be the skys too blue . Look, the answer is the following. As goldman is a subset of whats going on in the entire ecosystem of stocks. After the election capitalism beat out socialism as a way to thats good for people who want to have assets protected under the rule of law. Now were putting back innovation and creativity. Goldm...
June 27, 2024
Justice department. Eating straight to the market close, we do not have an open in many parts of the region because it is the Lunar New Year holiday. Having a look at what is going on in commodities and more. Mentioned, we have the markets like china, hong kong, and others closed due to the Lunar New Year holiday. Commentseing trumps weighing on investor anxiety and you are seeing consumer and material stocks during the most on the regional benchmark. Japanese automakers toyota and honda among t...
June 27, 2024
In south korea, mattis wants to reassure both countries that america will press ahead with an antimissile defense system. After visiting seoul, mattis will arrive in tokyo on friday. Mattis will arrive in tokyo on friday and will meet shinzo abe as well as the defense minister. Mattis will be the first member of trumps cabinet to visit. The japanese and american sides are expected to reaffirm a number of things, including that the Senkaku Islands in the East China Sea fall within the scope of th...
June 27, 2024
In south korea, mattis wants to reassure both countries that america will press ahead with an antimissile defense system. After visiting seoul, mattis will arrive in tokyo on friday. Mattis will arrive in tokyo on friday and will meet shinzo abe as well as the defense minister. Mattis will be the first member of trumps cabinet to visit. The japanese and american sides are expected to reaffirm a number of things, including that the Senkaku Islands in the East China Sea fall within the scope of th...