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July 16, 2024
200 points after the jobs report ended the day down just 40 points. Meantime the yield on the tenyear yield jump back above 2 President Trump blasting the fed when speaking to reporters earlier today. Were paying a lot of interest and it is unnecessary, but we dont have a fed that knows what theyre doing so it is one of those little things. But if we had a fed that would lower rates, you would have a rocket ship. So what is the market saying now about what it expects for a potential rate cut thi...
July 16, 2024
Cornell. This is the first time well talk to him since last weekends events where so many cash registers were shut down and Stores Across the country. Also well talk about what the consumer is doing now because last august when we talked to brian he said he had never seen a better retail environment. Also as you can see, former secretary of state, condoleezza rigs will be joining us and g e given the incidents last week in the straits of hormuz with the tanker attacks, well talk to her about wha...
July 16, 2024
What we had seen with the weakness last month. Overnight in asia, the nikkei actually was down almost 1 . The shanghai was up by a half percent. In europe you will see the dax is flat. So is the ftse cac is up. There are green arrows across the complex of stocks. The treasury markets this morning will be closely watched. The tenyear at this point is yielding above 2 . We want to start with some developing news. The New York Times reporting that President Trump approved military strikes on target...
July 16, 2024
Q were relatively flat up slightly, up about 2. 5 points in europe we saw the active trading taking place all of this ahead of the fed meeting starting today the cac is the biggest gainer of the three major averages its up by q . You see gains of a half percent across the board and then if you want to seee1 whats happening in the treasur market here in the United States o0. 042 theres no way bad news is good Morgan Stanley is soenearish yesterday was the mostx boring day i watched ine the ...
July 16, 2024
Losing month for 2019, first may decline for 2012 this morning you see modest green arrows s p futures up by 2 points and the nasdaq up by about 9 points. Overnight in asia markets slightly stronger. President trump coming back from japan. You see the nikkei closed up by a third of a percentage point. Similar gains for the hang seng and the shanghai deposit up about 0. 6 in europe its a mixed picture. The ftse up by about a tenth of a percent. Stocks are weaker in it will i and in spain as well ...
July 16, 2024
Speaking as the crowd at a big move on big ideas summit forum encourage her harris to come back. Harris as you can see was just fine. This happened at the democratic gathering in San Francisco. She was fielding questions. The protester popped out of the audience. Direct action everywhere claimed responsibility for the disruption. It is an animal activist group. It is unclear at the protest it will face charges. Harris is one of more than a dozen president ial candidates for the state Democratic ...
July 16, 2024
Commute really the commute has not started much at all. A good time to get on the road there. Highway 24 in lafayette getting busier but no specific problems that will delay you. The bay bridge is just starting to get slow. I believe the metering lights just turned on. That will add a little time to get onto the span. Give yourself an extra ten minutes if you have to get through this. One you get onto the span things clear up into the city. Happening today striking east bay teachers in the new r...
July 7, 2024
Completely surrounded by a network of steel scaffolding on the washington monument. Recently was overhauled to preserve its beauty and to correct the results of years of exposure to all kinds of weather. This was the nations number one repair job. Uncle sam. The way in preserving the value and beauty of our national landmarks. They wouldnt have to be veritable human fliers as they labored 500 feet in the air at the peak of the worlds highest repair job. And here it stands in all its renewed glor...
July 7, 2024
We want to thank our partners for making tonight possible. Completely surrounded by a network of steel scaffolding on the washington monument. Recently was overhauled to preserve its beauty and to correct the results of years of exposure to all kinds of weather. This was the nations number one repair job. Uncle sam. The way in preserving the value and beauty of our national landmarks. They wouldnt have to be veritable human fliers as they labored 500 feet in the air at the peak of the worlds hig...
July 7, 2024
Yesterday. 4. 23 . If you check out the price of copper, copper ended at the highest settlement since october of last year. This morning, it is off 1 . Watching that copper closely because it is a signal of expectations for global manufacturing. Japan central bank raising rates for the First Time Since 2007 and ending the other easing measures. This is the longest easing from any central bank. They were the lfirst to go in ad the last to come out of the easing. It raised the rate to 0. 1 . That ...