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June 30, 2024
To fuel the countrys economy and military. [sachs] typically, American Foreign policy like British Imperial Foreign Policy before it, paid a tremendous amount of attention to securing oil for the economy. That includes who we have befriended, but it has also included us launching wars; stationing military bases; engaging in coups and orienting a massive amount of our Foreign Policy around oil. [mcnally] by world war one, oil was transitioning to becoming the lifeblood of modern civilization. If ...
June 30, 2024
A steady supply of energy is needed to fuel the countrys economy and military. [sachs] typically, American Foreign policy like British Imperial Foreign Policy before it, paid a tremendous amount of attention to securing oil for the economy. That includes who we have befriended, but it has also included us launching wars; stationing military bases; engaging in coups and orienting a massive amount of our Foreign Policy around oil. [mcnally] by world war one, oil was transitioning to becoming the l...
June 29, 2024
And he is proud as can be of the success he has had. There is something refreshing about that. It is resonating right now with voters. We have fresh details who is ahead and who is behind from our very own blake burman. Blake. Reporter good afternoon, trish. As you mentioned. Donald trump is continuing to climb as Hillary Clinton has a steady drop from democrats. This is especially highlighting when you take a look at polling since each candidate announced their white house run. We put this toge...
June 29, 2024
Now in bear market territory. Those stocks are down at least 20 in some cases, more than that. All the major averages deeply in the red today. Its i shaping up to be the worst week in the dow, s p and nasdaq in nearly four years. This is serious selling. Lets look at the price of oil breaking below 40 a mark today. Weve been watching this one for some time. Its now down about 20 . Thats a bear market. Thats just this month. Finally, take a look at volatility index. Surging today. Its doubled thi...
June 29, 2024
St. Thomas. The next stop is the u. S. Territory of puerto rico. They are all under state of emergency ahead of its arrival in the coming hours and days. Congressman carlos mandela represents the 26th district. Mass evacuations are underway right now. He is about to have right into the eye of the storm but before he does he was with a slide. He just struck a deal on extending the debt ceiling with democrats imagine that. Working with democrats and it appears to have worked. Can he do the same at...
June 29, 2024
The success . Would you buy a 1000 iphone . Look at last nights news from apple and ask if it is justifying the stocks 40 rise this year. Matt we are less than half an hour away from the start of cash trading, take a look at where futures are indicating, they will go down as the indication we see. S p futures indicating down. Asian markets were down. We see gains in currencies, never a good sign for long equities trade area take a look at the bund trade. We are unch on the bund. College 0. 4 if ...
June 28, 2024
Repeal and replace bill passes the u. S. House. What does this mean for President Trumps ability to turn policy into legislation . Lets talk about whats happening in the markets now. This is the move you are seeing at the moment. European equities opening soft this morning. London looks like its going to outperform just a little bit. We will circle back in just a moment. Probably a bigger focus is oil right now and the rest of the commodity complex. Lets turn our attention there and take a quick...
June 28, 2024
We will have a look at where european equities are trading, right now. Gmm is your function. Equities are rising and the stoxx 600 gaining for a third day. All these currencies are falling against the dollar. The euro continuing its slide after mccrone macron won the election. Eon droppingility 20 on rebounding power and gas costs in germany. A Nuclear Reactor that is offline after halting in early february. Shares are up 4 and you might ask why. Underlying fullyear earnings target. It has adjus...
June 28, 2024
Expect sluggish growth. He said he wants to take that think about and rates. Oil is currently unchanged. It has been bouncing around all morning long. Yesterday falling to as low as 42. 75 a barrel. It is entering a bear market, the 21 to its peak, and dollar coinciding somewhat with oil. That is holding your a onemonth high, gaining as much as 1 over the past two weeks. Lets get an update on what is making headlines outside the business world. We are checking in with them on first world news. H...
June 27, 2024
Leapfr leapfrog. Whats leapfrog . Its when a particular companys stock moves up. It causes other stocks to be revalued higher, almost instantly. How does it happen . Lets start playing. Take the actions in the airline the reason we had gary kelly the perfect ceo thug, he had solid things to say about novembers bookings. The name of the traffic pickled up week after week after week postelection. That was news today and the stock quickly moved up smartly. Now we get to the valuation part t. Priced...