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June 20, 2024
If you only look at two of them you may miss the relationship action underneath. I dont talk much about commodities in the show because most of you dont trade them and i dont want to encourage you to do so. Theyre 24 hour, 24 7 worldwide business. Too hard for people at home. But if you want to figure out why we had huge disparities in the stock market today with industrials and oils driving, basically cancelling each other out. Hence the markets flat line then you dont need to look any further ...
June 20, 2024
Central bank will widen the countrys trading ban. And janet yellen says she needs a firmer handle on the data before she can blame the weather for recent weakness. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Warm welcome to the show. Plenty of moving towards surrounding ukraine. Absolutely. We just heard in the last few minutes the ukrainian Prime Minister separating out the political noise were hearing for the economy. He said theyre taking cle...
June 20, 2024
Its quest to gain acceptance. The exchange goes down. Bankruptcy could follow. Ukraine delays forming a new government until thursday. The currency slumps towards record lows. Investors worry about the conditions of an imf bailout. It could include plans for devaluation. Italys Prime Minister wins his first confidence vote, but by just eight seats. He promises swift action to reform the economy which could including an institutional change. Announcer youre watching worldwide exchange, bringing y...
June 20, 2024
The dow climbing 89 points and nasdaq falling 1. 25 . I have to tell you if thats what you thought was happening, youre missing the point of how markets work. Let me put on my defrocking hat and away we go. Heres the truth. We rally because in the absence of any genuinely bad news from overseas. Heres what happens. We focus on whats really going on in the world of profits. Profits are what matter. The rest is all distraction unless it deeply impacts or hurts the numbers. Let me tell you how thin...
June 20, 2024
Lay out his turnaround plan for the business. And wpp weak margins. The ceo says he should have done more in emerging markets. They are our most profitable markets now. I think over the coming years well be more aggressive and if theres one thing i regret about the last ten years, its that we didnt go faster. And a split picture for two of the worlds biggest asset managers, pimco owner allianz suffers. Okay, welcome to the thursday edition of Worldwide Exchange, plenty to get through today. Im l...
June 20, 2024
I just ah woke up today and i said i need something sportier. Annnd done. Ok maxwell, just need to ah contact your Insurance Company with the vin number. Oh, i just did it. With my geico app. Vin is up to the loaded. Ok well then jerry here will take you through all of the features then. Why dont weeeeeeeeeeee go out to the car. Ok, ill just be outside. Ok, yeah. His dad is my boss. Yeah. Vin scanning to add a car. Just a tap away on the geico app. [ male announcer ] how could a luminous protein...
June 20, 2024
Political and economical damage if russia fails to change course on ukraine. And in an exclusive interview with cnbc, the ceo says italy is announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hello and welcome to todays edition of worldwide exchange. Good morning to viewers in the united states. Were going to kick off with the latest on malaysian flight 370. Authorities set to hold their latest press conference will bring you that when it happens. This ...
June 20, 2024
The bulls eye on target as the retailer has its Earnings Report since it suffered a Security Breach during the massive holiday season. U. S. Senate Panel Investigating tax evasion has accused Credit Suisse of using cloak and dagger tactics that belong in a spy novel. It alleges c. S. Bankers made 150 trips to the u. S. Between 2002 and 2000208 orchestrate a large scale tax evasion scheme. Some of the things Credit Suisse is accused of operating remote controlled lifts, and bankers accused of fil...
June 20, 2024
Innovative ways to invest in america. Thats why were here today. But first, take a look at this market. Holy cow. Did it happen again . The Federal Reserve issues a statement, things get better, Interest Rates might have to go up early next year. Really scary. That statement of commonsense is in a sellmore panic. S p 500 declining. 6 prkt. This show is coming to you tonight from the starbucks annual meeting in seattle. I dont know if its wake up and smell the coffee moment. Everything the fed ha...
June 20, 2024
Suggest missing malaysian report flight 370 could have been deliberately flown west. The white house says the search may be moved to the indian ocean. Well bring you the latest press conference in 30 minutes. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Hello. Warm welcome. Terrific to have you on the program this day. Come on to the bigger and the better program. And you have to warm up. And done on a day when were not feeling great, investors. Y...