Page 5 - Patrick Harker News Today

Slowing. Is said to be china is trying to funnel more credit to private companies. We will assess the implications in beijing. A quick check of our markets close in the u. S. It was a bit of a mixed picture. We saw the dow gained 50 points. The s p 500 erased this mornings gains. Fed officials with a little bit of caution about future rate cuts. To mention we have some soft manufacturing pmi numbers. That did not help sentiment. Cared materials and Health Leading the declines after fluctuated be...

Magnificent seven are in correction territory but nvidias getting a boost ahead of its earnings. And were going to keep focused on those economic challenges in china. The countrys central bank cutting a key Interest Rate by less, though, than many had been anticipating. Oh, yeah, who is many anymore . Slew of press over the weekend as well. The journal writing kind of a devastating headline. Is it over after 40 years . Yes, definitely over. Who can say this stuff . We were here. We were lucky en...

Dan ives warns its a pr disaster. But our analyst calls it a super fun summer friday. He sees 30 upside from here. He joins us to make his case. One big name investors own, our guest is not following this, and says you shouldnt either. A special three bails and a buy is coming your way. But first, lets start with the markets. We kind of have a turn around. Its been a momentum shift. It hasnt been dramatic, but we are maybe near the highs of the session. So that point, i want to give you an ideaw...

Chinas exports fall for a Third Straight month because of slower Global Demand while imports plunge in a new blow to the nations economic recovery. Moodys lowers Credit Ratings for 10 regional u. S. Banks and says it may downgrade major lenders. Plus, the bears are not hitting up yet. Marko kolanovic is still avoiding stocks while mike wilson says it is to risk too risky to look past a downturn. It is not sending people into 30 year yield. The selloff has continued. Video 30 year yield climbed s...

More downgrades. This time not on the sovereign but u. S. Banks, 10 downgrades overnight. Tom there is a bank story in italy as well. That is the economic thing to look at. Overwhelming everything here this morning led by the news out of china is it is deflation tuesday. Im looking at the screen and i have not seen that screen in 4, 5, six years. Jonathan dreadful. Tom we were out in front of the story, there is deflation in the air. I can bore you with eight ways, all you have to do is say even...

Italys Prime Minister said it would derive from properties on h derived from higher Interest Rates. The net income exsceeding the growth for 2022 and 2023 citi estimated that would be equal to 19 of bank net profits for the year the tax would only apply to domestic Net Interest Income if this were to happen in the United States it is not happening i know. I dont know what would happen to the world. It is like when hell freezes over scenario. 40 windfall profit tax on banks. Do you think this is ...

Us a bit of support. A little bit of strength on the yen. The bank of japans yield curve control may not impact the markets which some are expecting, so do not expect any great strength. Crude oil, and opec meeting coming up. Yvonne you have the dollar sinking the most in two months so there was this fed commentary about how it looks like what the fund is leaning towards is a positive or a skip in june. That is helping lift overall the risk move. Even china, you take a look at the rally we are s...

And, you know, the students, well see whether they get jobs if they want them on wall street anymore. Shar charles or in law firms, yeah. Liz cant support a terror the u. S. Group. Bad indication there. All right, as we kick off the final hour of trade for the week, extreme urn certainty in the middle east and confusion in congress here at home have investors disinclined to head into the weekend long. Weve got the dow heading back town to session lows, lower by about 191 points. The s p down 37....

This week alone up 33 basis points. Tom this week alone, history made. I think you will see over the weekend, how do we go back. Maybe we go back to 1870. The summation of four weeks of moving his history making. Jonathan need to look at the curve as well how things involved evolved. Lisa that to me is what i looked at, the fact that it moved to the opposite direction of what people thought. The long and would move down to the front and the front and would move down to the long end and you would...

Maria good wednesday morning. Thank you for joining us this morning. I am Maria Bartiromo wednesday october 18. We are breaking news 6 00 a. M. On the east coast. President biden in israel for wartime visit. Though the arab leaders he was planning to be canceled or some and jordan now refusing to meet with the United States. The world remains on the brink, hundreds were feared dead after a bomb ripped through a gaza hospital while the u. S. Embassy in lebanon is overwhelmed by protesters. Now as...