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June 29, 2024
Two senators have interesting ideas that have creeping towards passage. Repeel the employer and individual mandate and gets rid of the Health Benefits that require your Insurance Company to offer drug rehab, and Maternity Care even if you dont have a baby factory. And it block grants money to individual states so they can get out of the sticky web of centralistic federal planning. Maine and alaskas politicians are addicted to governmentalism. They want more government, more medicaid. Those two b...
June 29, 2024
No choice but to totally destroy north korea. Rocket man is on a Suicide Mission for himself and for his regime. Iranian government masks a corrupt dictatorship behind the false guise of a democracy. It turned a wealthy country with a rich history and culture into a rogue state whose chief export are violence, bloodshed and chaos. Lou unlike his two predecessors, President Trump confronted radical islamist terrorists by name today. Well stop radical islamic terrorism because we cannot allow it t...
June 29, 2024
Cryptocurrency. Why one leader in the industry says consensus between opposing camps seem unlikely. We will be asking that question, but first julie hyman is worth us with us halfway through the trading day. It looks quiet. Julie it is quiet in terms of people waiting for the fed. The dow and s p turning a little bit higher. The dow could rise for the ninth straight session. The nasdaq is lagging, but look at the transportation average, up 1. 5 . Really rocketing upward, especially relative to t...
June 29, 2024
European going on in equities today. Pray much unchanged on the stoxx index, ever so slightly higher, hitting a record high in this session. Sterling, bucking the trend a little bit as other currencies are treading water. The euro hit the 1. 20 handle in this session. 1. 999, and the 10 year yield, down one basis point ahead of the fed decision and Janet Yellens press conference. Lets get the bloomberg first word news. 7. 2 magnitude earthquake has struck mexican city. It is the countrys second ...
June 29, 2024
Across puerto rico. This is without a doubt the most dangerous storm in our generation. It is possibly the most dangerous storm in a century. The very latest coming up on the hurricanes path and the devastation and how it will affect finances of the already struggling island of puerto rico. Futures indicate the markets are open fractionally. Very much a fractional day here, very much break even. We will see a News Conference in comments from chair janet yellen at 2 15 p. M. Eastern. No change in...
June 29, 2024
Island. As you mentioned, neil, this is the worst one they have ever seen here. The future path it will take it a little bit to the east of turks and Caicos Islands that said, those islands in the bahamian chain got absolutely devastated by irma. I dont think its a direct hit there. After that this is about a strange of a dance as you ever see in the western atlantic ocean. See it all the time in the pacific. It is called the fuji effect, jamessed after a japanese meteorologist in the early 20s,...
June 29, 2024
The entire island is now without power, the whole thing. A live update from san juan coming up. Maria is the third category 4 hurricane to hit u. S. Soil in a month. There has never been anything like this in modern history. The demands on the federal Emergency Management agency have never been greater. Brock long, is the director of fema. He will tell us how they are managing these catastrophes. Meanwhile the president is sitting down with World Leaders from the middle east, africa, and the uk....
June 29, 2024
People in dominicaxe, and in mexico the death toll from a 7. 1 magnitude earth quake climbing to at least 225. Rescue workers there still pulling people out of dozens of collapsed buildings including a school where at least 20 children were killed meantime the president meeting with World Leaders from jordan, palestine, africa and the uk today, and the president now meeting with the leader of egypt before heading back to trump tower in new york city. Were on that story and much more, tonight. Th...
June 29, 2024
Iran and sucker punched venezuela. The protocol girls were waiting for the president to overstep polite bounds and he sent them into a tizzy with this doozy. The United States has great strength and patience. But if its forced to defend itself or its allies, well have no choice but to totally destroy north korea. Kennedy thats a harsher and more pointed version of the exact same thing the previous three administrations said. The only way it works is if he thinks hes getting stuffed in his cell. ...
June 29, 2024
Anna a very good morning, everybody. This is bloomberg daybreak europe. Were here in the city of london. Manus we have some great guest including the Greek Economy minister, joining us shortly after 7 00 a. M. Followed at 9 30 a. M. Ceo tim cookple and lloyd blankfein. This morning, one simple chart. The dollar went up. Look at the bottom of your screen. The dollar bulls were brave enough to show their face for one day. The chart is telling you the fed is stoic, if nothing out. If nothing else. ...