Page 21 - Program Sponsored News Today

A lot of excitement building for the 2024 olympics which is 55 days from now. We will all be here together. We have more on the big events in a couple of minutes. I should tell you a lot of news coming out of france this morning. President macron going to new c caldonia where there have been riots going on. It is the Third Largest producer of nickel. A lot of folks paying attention to what is happening in the french territory today. Also news out of france where the country says it will be suppo...

Yields have picked up. Tenyear yield above 5 . That is a significant level. We touched briefly above that for a nanosecond last week. Since then, you have to go back to 2007 when you have seen yields at these levels. 5. 012 for the tenyear yield. By the way, check out energy prices. You will see wti which is off 33 cents. 87. 76. We have merger monday as joe mentioned. Look at what is happening here. Chevron buying hess in the deal of 53 billion. 171 a share. That is a low premium over the Closi...

Moscow is calling, russia is sick of it. Yes, guardian friendship, russia from france, why did degol decide to do this, because he was the leader of a capitalist country, he did not sympathize with communism at all, thats what, for example, he said about the soviet system, about communism, words like this, russia will always be there, it will drink communism like a blotter, ink, but russia will remain, but this did not stop dgol from playing the political card, for my grandfather from the very b...

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Go out, tomorrow, today i will speak on radio london. France liberated itself thanks to its 100,000 soldiers in 1944, and thanks to 14,000 soldiers in 1945. The first troops that landed on the french coast were french commandos, not american troops, so the french themselves freed ourselves. The americans were sure that. Unable to liberate itself or exercise selfgovernment, so they developed a special langot program, which was a real program for the occupation of france and this program was aimed...

This hour. These are modest declines. Dow down 71 points. S p futures off 11. Nasdaq down by 44. At this point, the dow is on track for its fourth negative week in the last five and that is because of the treasury yields. They have been pushing higher and higher. The tenyear yield is 4. 95 . In fact, it did cross that 5 line that we were watching. Hovering at 5 . Yesterday, just after 5 00 p. M. , the tenyear yield hit the 5 level briefly. The last time we hit that level was july of 2007. Yester...

That comes up against the weak anecdotes we keep hearing about. The beige book did not sound like the robust economy. I dont know what you are hearing from the companies and everything. It is not robust news. The question becomes not so much the strong Third Quarter. The question is in the Fourth Quarter and if the fed wants and needs a slowdown to feel comfortable about inflation. I dont know if we have the problabilities available. The first is the tenyear note which is darn close to 5 . 4. 98...

S p 500 up 3. 5. All of this coming after the major indices closed at record highs. Dow up 55. The nasdaq and s p gaining 1 . Treasury yields with the tenyear yield at 4. 33 . That was fast. Lets look at the meme stocks. Well see. It could come roaring back. Gamestop now down six. It was more than double that. Amc is above the recent lows. Gamestop and amc fell during yesterdays session. Amc, as it has in the past, took advantage of the rally. Announcing a debt for equity stock. It completed a s...

Now. Amc up 10 . Sunpower corporation has dropped. Watch that volatility. And our good friends at black berry are up a little over 1. 5 after what was a wild, wide ride yesterday. Well talk more about that and the implications of that. Are we back . Are we back . Its like going in a time machine. Treasury yields, we should mention this. Copper prices hitting a record high overnight. 5. 02 per pound in an effort to build the global economist maybe something well talk about with our secret mystery...

In the meantime, lets talk about the price of bitcoin. It has been volatile. Shot up yesterday in a big way and pulled back after blackrock denied the report, becky. Coin telegraph saying u. S. Regulators approved the application for the spot etf. Everybody cheered and went crazy. Coin telegraph later retracted the story and conducting an internal investigation into the inaccurate report. Blackrock reported the application is still under review. Crypto markets have been waiting news for spot coi...