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July 16, 2024
Its not difficult to be crabby when you are basically living hand to mouth with government stimulus. I thought that encompassed the markets perfectly for a day like today. A lot of earnings coming out. Delta looking at a 50 cut in daily cash burn by the end of june. In terms of their First Quarter loss, they had about a . 51 loss , and revenue was down 18 year on year. As we expected, pretty brutal when it comes to delta. Baker hughes, oil services company, saying the outlook for oil and gas is ...
July 16, 2024
Americans . Markets this morning are pointing to a lower opening this morning. Take a look at average with Dow Jones Industrial average down 528 points. Nasdaq lower by 78. Dow up 1,151 points. S p yesterday up 154 on wall street. Plus the president speaking with chinas xi jinping overnight. The two countries are working together closely to fight against the pandemic. Next hour eli lilly ceo will be here on drug supply chain and how dependent some companies are still on china plus dr. Oz is here...
July 16, 2024
That wascal leaders challenges both internal and external. How long are you willing to take before you take legal action . We are very patient. Like china is allowed to have industrial policy. All Central Banks are moving towards lower rates and i dont think china can escape that. Warhe headlines, the trade has put america on their heel as far as investing in china. Facedancial leaders have in the economic future. Medium term policy continues to be positive. It is straight ahead on this special ...
July 16, 2024
A prolonged photo. Political leaders deal with challenges internal and external. Investment is being reviewed to attract investment and provide jobs. How long are you willing to wait before you take legal action . We are patient. The worlds top investors shared perspectives in a turbulent year. China iy like wish america had better industrial policy. All the Central Banks around the world are moving towards lower rates. The headlines, the trade war has put americans on their heels as far as inve...
July 16, 2024
Second straight quarter. It flames Week International demand and investment in ecommerce. Shery this hour brings another snapshot of the japanese economy. Trade data may show the deficit balloon in november. First, lets get you to the market action. Australia has come online. Sophie aussie shares opening, a little change to the upside with the benchmark twopoint shot of a fresh record. The aussie dollar Holding Losses after the rba reinforced the inw for its rba rate cut february. Pricing at a 5...
July 16, 2024
Morning. And yields, highs of the day with the ten year approaching 186 now. Road map begins with that blockbuster jobs report. Futures point to a strong rally at the open as employers add 266,000 jobs last month. Top white house economic adviser larry kudlow will join us, first on cnbc. Well talk about jobs, the markets and who knows what else. And uber safety concerns, Ride Sharing Company disclosing thousands of assaults in the past couple of years stronger than expected november payroll numb...
July 16, 2024
A billionaire hes an austerity and people dont resignation hes a billionaire hes an austerity and people have had enough. Weve had protests in lebanon weve had had enough. Weve had protests in lebanon weve had protests in haiti weve had protests in egypt and spain so tess in haiti weve had protests in egypt and spain so a lot of them are about this global insurrection and get all the reaction rationally divs banker occupation a lot of them are about this global insurrection and get all the accel...
July 16, 2024
Engaging china in order to protect american the American Economy and defend the american workforce. They like those policies. The stock market, which is up about 20 year to date, which i would argue, by the way, is predicting Better Business conditions ahead. The stock market has benefited from these incentiveoriented, supplyside, marketdriven policies and they dont want to see change. When you get these votes and so forth and im not here to talk about the chronology of impeachment, but nonethel...
July 16, 2024
Yesterday the president tweeted that the impeachment effort is holding back the stock market. Do you believe that is true . Yes i do actually. Because i think fundamentally, your network has reported some pretty prominent famous investors, lee cooperman, lloyd blank fine among them, who do not want to see a change in Donald Trumps economic policies. They like the taxcut incentives, they like the rollback of regulations, they like the opening in the Energy Sector and they like the fact that the p...
July 16, 2024
Out into the economy they did not create any meaningful g. D. P. Growth and in fact over leverage the economy 10 times greater than it had been in 2000 and out into the economy they did not create any meaningful g. D. P. Growth and in fact over leverage the economy 10 times greater than it had been in 2008 so now the debt bomb is exploding or nay so now the debt bomb is exploding and the fed is desperately trying to cover it in the repos market and the fed is desperately trying to cover it in th...