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July 16, 2024
Disturbing and said it could top 100,000 cases per day. And we are preparing to close the books on what has been a rough first half of the year its included a painful, record breaking sell off followed by a fast, record setting climb back up stocks set therefore for their best quarter in decades. 59 minutes left of the session morgan, we are up a full percent on the s p 500 yeah, were watching that last day of the quarter, last day of the first day my goodness. Coming up, as we wrap up the first...
July 16, 2024
With a video connection please keep your camera on. If you go to another proceeding please exit this one on we will recognize each member in the time slot provided during the preceding. And with the next appropriate spot for the remainder of their time once the issues have been resolved. During testimony as staff address the technical issues. I may need to recess the proceedings for the witness to reconnect and finally remember to be muted until you are recognized to minimize the background nois...
July 16, 2024
Around the bay, 66 in San Francisco and cool along the coast in the low 60s in pacifica. Talk about the rest of the week and when we will see temperatures heating up in our full forecast coming up. Lets check in with gianna for a look at traffic and a Traffic Alert this morning. There is on the antioch bridge southbound so youll see delays. This is a major injury accident involving a vehicle hauling a trailer as well as another truck, possibly a garbage truck. Theres a lot of debris in the roadw...
July 16, 2024
Forward guidance. My questions are first, what are you hoping to learn, how might that change your response and third, how close is the committee to reaching a decision on a more concrete Forward Guidance and whether yield caps might reinforce that guidance . First i would say we think Monetary Policy today is wellpositioned to support the economy in this challenging time. If we didnt think that of course we would change her policy now. As you know we lowered her policy rate very quickly, quickl...
July 16, 2024
Along with several other members of our committee come of hr 2650, the payment choice act of 2019, a bipartisansupported bill, which would require merchants to accept cash. This legislation, i believe this article, because parts of the country and both leroux and orbit areas are more dependent on the both rural and urban areas are more dependent on the cash economy could i have run out of time did i encourage you to support this bill could thank you, chairman powell. Thank you, chairwoman waters...
July 16, 2024
Hong kong are extraordinary, and the Prime Minister says he will take many citizens into the united kingdom. Is that right . Than 3absolutely, more million potentially hong kong citizens are being allowed citizenship in the united kingdom. Extraordinary developments in hong kong. Not a lot of clarity and it is difficult to see where the risks actually lie. Whether it is easy to abuse or difficult to apply. Tom i agree with you, strongly. I think there has been an getting totion of their friday m...
July 16, 2024
Plus, the new power graby Vladimir Putin. Mmer scorcher. The potentially historic heat wave on the way as we gear up for july 4th. Newlywed nightmare. The couple washed out to sea and the dramatic rescue. Plus, the woman who claimed she was fired because her boss felt her kids were too noisy during conference calls. Good thursday morning, everyone. In the last 24 hours the u. S. Has broken another record when it comes to new cases of the coronavirus. For the first time weve seen more than 50,000...
July 16, 2024
Shut down, it means that were trying to take as many activities as we can, these mixed activities, these concentrated activities, and move them outdoors, which is a way of mitt sgatiigating the sp. Governor newsom says there is greater risk being indoors for these activities. And the state reported more than 3800 cases yesterday and 110 new deaths. And this is putting some businesses in a pretty tough spot especially in Solano County which will have to reimpose restrictions that had already been...
July 16, 2024
Moreid things were much complicated because of the chinese. He also said the phase one deal on trade was a strong agreement. He expected to be implemented. Is he right. Is a good agreement . Us i am not sure it will be implemented. The world has changed a lot. U. S. China relations have changed quite a bit. Frayed, given that large tariffs have been imposed on china, and the campaign rhetoric, which is very , some of itst china very valid, like the actions in hong kong. On top of that, covid19 c...
July 16, 2024
Outperformer, up 0. 6 of 1 small caps pulling back. Our Investment Committee today, joe terranova, stephanie link, jon najarian joe, lets get your top line read of the markets right here we had an 8 pullback into mondays open. Weve rebounded a little more than half of that over three days, so was that it for the nearterm pullback or are we still in a choppy phase . Well, we still have more fight to encloses the gap from last wednesday into thursdays decline for the s p, mike. That gap sits at 31...