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July 16, 2024
We get additional fiscal stimulus. Our guest is from morgan stanley. It feels like from the last 23 months, we have been turning the volume up and down and gone nowhere. Are we starting to change the track a little bit . Are we making progress around the fiscal talks . Only question that matters right now, Mitch Mcconnell does he have the votes to pass a 1. 8 trillion package . Think the Senate Majority leader needs all 53 senators to vote for this package. Choice is, the between getting somethi...
July 16, 2024
Sharp snapback connectivity. It is a phase four package necessary . I think it is. The economy can get by without it until the election. Will bringnistration forward fiscal stimulus plans. I think we can make it to there. It is necessary as long as we get it in the next 12 two quarters, i think the recovery will be ok. In the meantime things are a delay ing, and ongoing negotiations does not help things. I think it hurts confidence and slows down economic momentum and prevents a quicker recovery...
July 16, 2024
Being treated with remdesevir as well as an experimental antibody cocktail. He is expected to stay in the hospital for at least a few more days for very latest on the president s condition reaction from washington were joined by our dc Bureau Reporter Trevor Shirley. He is live from the Nations Capital this morning, good morning trevor. And good morning, thanks for having me in terms of the president s condition were going to find out more about it in about an hour from now. The white house just...
July 16, 2024
Studio. Right now, we are looking live from our Treasure Island camera at the city of San Francisco. Good morning everybody. Its wednesday, october 21th. Good morning. Lets get right to mary with the latest on wind conditions and that second red flag warning. Good morning. Lot to get to. Looking at off shore winds and the prolonged off shore wind event as we head through actually the next several days. We have this first one, a second one and now looking at a third off shore wind event behind th...
July 16, 2024
Strong data on housing and jobs along with big beat for chicago pmi. Late breaking headlines regarding modernas vaccine. Off session highs but off the lows as we speak still wog up on the show. Coming up San Francisco fed president mary daly to talk about economic recovery, stimulus and jobs picture in america. Plus we will get a read on the consumer when we talk to the ceo of General Mills his first interview since reporting earnings last week. Cocacola entering Hard Seltzer Market with help fr...
July 16, 2024
Further. We are joined this hour by finance minister. The other big story today, lawmakers in washington take aim at the power of big tech. Saystitrust investigation they are abusing their dominant status. Australia coming online. Lets turn to Sophie Kamaruddin in hong kong with a checkup on markets. A two day rise, we are seeing pressure come through for the benchmark while the aussie dollar is testing that 71 popl after forming a double early this october. We are seeing action in the bond spac...
July 16, 2024
Worsen, suspending imports of australian coal. Disney jumping a late trade on a management shakeup and a focus on streaming through a newmedia unit. We hear from the ceo. Check of howget a the markets are trading. We are seeing u. S. Futures coming online pretty much flat. We saw u. S. Stocks climbing to an almost sixweek high we had a rally. The s p 500 gaining ground. We also had financials pretty strong, gaining more than 1 ahead of earnings season. Jp morgan and citigroup reporting tomorrow....
July 16, 2024
Finalizing a blank check operation around the frenzy. Haidi trying to take that winning streak into a seventh straight session. Retrading pretty optimistically. We are seeing gains about. 25 when it comes out the gate. The aussie dollar trading on the back. We are seeing gains for almost two weeks straight now ahead of the federal election. At kiwi dollar is sitting 37. We are seeing almost no change through the open. Have nikkei futures not doing much at the moment. Is at a oneweek high the u. ...
July 16, 2024
Gain of more than 500 points the day before that and right now dow futures indicated up another 113 points this comes after the dow closed at its highest level in a month yesterday. Oil prices picking up by about 3 more of a supply picture but the s p 500 indicated up by about 13, nasdaq up by 31. And treasureky my market, te yielding 0. 765 . Andrew lets talk about stimulus this morning because house he Speaker Nancy Pelosi and treasury secretary Steven Mnuchin spoke about a broad stimulus plan...
July 16, 2024
Well. We are watching what is going on with individual indices. Hong kong coming back and a big way after that long holiday. Hang seng up more than 300 points. The nikkei 225 up more than 1. 3 . At this point, seeing positive signs of drug and his recovery, although there has been mixed messages about what treatment he is getting, the timeline of his diagnosis as well. We are looking at risk aversion trade that we saw on friday,. Hich were gaining not doing a whole lot here this morning. Moving ...