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July 16, 2024
We are getting green on the screen and european equities. Investors are focused on the trade narrative as weve heard from President Trump that a deal with china could be closer than we think. We saw u. S. Stocks jumped the most in weeks. The 10 year yield has jumped some nine basis points moving down three today. Perhaps a bid for safe haven along with risk on trade and the dollar index caught a strong bit yesterday as well. Was that to do with concerns around the impeachment inquiry . Could it ...
July 16, 2024
Significant expanding authorities ability, enables them to target and under executive order under 9 11. Those most of the questions had to do with President Trump announcing he is firing john bolton. It is he said she said, involving President Trump and former National Security advisor john bolton. I know what we know this is very messy breakup at the end of the president took to twitter before noon earlier today, essentially that he had fired bolton this was the, he finally broke the news. The ...
July 16, 2024
Apple ceo tim cook the stage in cupertino tuesday, unveiling new Iphone Models with new colors and three cameras. Details on those products and more like the apple watch. And linking up, we check in with linkedin ceo jeff weiner and his thoughts on the Company Three years after microsoft acquired the job listing site. We begin with one of our top stories. Oracle announced wednesday mark hurd, the ceo, is taking a leave of absence for health reasons. This after the company disclosed the move alon...
July 16, 2024
Power lunch starts right now lets get a check on the markets which are fluttering close to record highs. Slightly higher today well off the lows the dow was down about 100 points early this morning. The s p still just 1 away from record highs as it gains about 5 points take a look at a pair of housing stocks hitting new highs d. R. Horton is at its highest levels since january 2018. The doctor is in we begin this hour with new dovish comments from st. Louis fed president. We know he was the guy ...
July 16, 2024
Which are the urgent needs of people in crisis. Thats correct. That is a pretty fair summary. Commissioner green. I want to echo that. I am impressed by your honesty. He appreciate you educated us and your passion means a great deal and your wisdom means more. I guess the question is a request that i might have. I am confused how if we are embarking on this truly aspirational effort to identify the 4,000 homeless in San Francisco and concentration of 250 how when we find and identify them we can...
July 16, 2024
Five officials believe the federal fun rate should be at same rate. Five would like to see the rate at level it was before this meeting today. Now the Federal Reserve raises the gdp forecast to 2. 2 this year. Also see the Unemployment Rate nudging up to 3. 7 by the end of the year. Core inflation they do believe stays the sail at 1. 8 by the end. Year. In the statement everything was basically the same there except they added the fixed Business Investment and exports have weakened, changing fro...
July 16, 2024
Took this step to help keep the u. S. Economy strong in the face of some notable developments and to provide insurance against ongoing risks. The u. S. Economy has continued to perform well. We are into the 11th year of the economic expansion, and the baseline outlook remains favorable. The economy grew at a 2. 5 pace in the first half of the year. Household spending supported by a strong job market, rising incomes and solid Consumer Confidence has been the key driver of growth. In contrast, Bus...
July 16, 2024
Low. Our roadmap begins with red october. Stocks off to the worst since the crisis futures have a new open. After the worst manufacturing in a decade, sources work on that this morning. Shares of pep ki so fueled by sales growth and a nice earnings beat ceo will join us first on cnpc in a few minutes market versus a rough time in an economic slow down a second selloff resulted in the dow falling more than 800 points s p lost its gains from queue and q3 combined. Investors will be paying close at...
July 16, 2024
Were trying and there has been changes around process, that are intended to address the issues, but it also sounds like that wasnt reflective of the experiences that a lot of people are having. And that actually we can do more and better. So one of the things i would hope would come out of this. Showing the commitment based on what theyre telling us. I think thats something that is clearly needed when we have this commitment to doing better, but thats not experience, at least at the level its ne...
July 16, 2024
Stock. Its our call of the day the Investment Committee is ready to go. Halftime report starts right now. Welcome. Good to have you with us on this thursday our Investment Committee at the table. Josh brown, steve weiss and director of market strategy. Well begin with the selloff stocks rebounded and down again. Another volatile session all three major averages were down half a per at the lows. You have your special suit on today. You get the ball first s p coming off backtoback declines and tod...