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July 3, 2024
Worst down by 1 the nasdaq off by. 6 . The s p down by. 50 lets take a look at treasuries now. You can see at this point the tenyear yield at 4. 68 yesterday on that data that we got at 8 30, the twoyear moved above 5 we have the pce number today squawk planner two reports before the opening bell chevron and exxonmobil in the next 90 minutes. You see two big interviews after those reports. Darren woods will join us at 7 30 eastern time this morning chevrons c, o mike wirth will be on at 9 45. Po...
June 30, 2024
And the nasdaq tumbled 1. 05 , you need to understand this is a redistribution its not a bet on the future, its a wager that some earnings estimates are going higher while others just stay the same and judging by the intraday reversal, investors are starting to realize that we may be a little too enthusiastic about stocks in general. Even if some do deserve to be higher because of changes that are going to be made to taxes in this country today truly brought a bifurcation in stocks. The action w...
June 29, 2024
Kuroda feeling cautious. They tell bloomberg the nations cannot keep up its current growth rate, but how long can it continue this a comet is Monetary Policy accommodating Monetary Policy . It is looking to promote expedia ceo to run the global firm. He was not on the list apparently, but it looks like he could be the man. We are less than a half hour away from the European Market open. What are we looking at . Couldthe question is, not get anybody else to come in and run the business . Uses it ...
June 29, 2024
How about the euro, sitting at 1. 20 right now there is the yen at 108. 58 the pound, just watching that one as well. How about treasury yields. Incredible low levels for all that we are talking about in terms of the u. S. Economic impact we are going to get jobless claims thursday and we have the jobs claim friday. That is nowhere near where you would expect it to be. The dollar hit the lowest level. Gold has been on a run. Of course, the yen thats your barometer right there. The german tenure ...
June 29, 2024
The hang hishanghai slightly lo. In europe, green arrows across the board. The dak x is up by 0. 4 . The cac up by 0. 3 the ftse up by 0. 2 . The dollar, which has been under so much pressure, you look and you see today the dollar sup against the euro, back below 1. 20 this morning it looks like the dollar yen is at 109. 89. Check out crude oil and gasoline prices, crude Oil Yesterday at a onemonth low. Its down once again this morning at 46. 18 rbob gasoline up nearly 6 yoed yesterday to a twoy...
June 28, 2024
Inspected this morning. You could see a 10yearold boy rushing down the 80 degrees drop of the emmer auld plunge and then careening on to the concrete. When you look at slide from ground level you see the sides were not very tall. City leaders wanted to make it clear the third slide that we talked about earlier that was shut down has nothing to do with the Safety Investigation related to the other two. They are simply a gage not properly working. That is park owned by the city of dublin and they ...
June 28, 2024
Well take you live to the white house for details. Also Hurricane Harvey gaining strength and speed as it barrels down the gulf coast. Were tracking the storm from the Weather Center and well have the very latest when and where it is expected to make landfall. Cheryl get back what were looking at with regards to the markets. Losses accelerating into the close. Were down 29 points, 21,872 782. Gerri willis standing by on floor of the New York Stock Exchange looking at bigger movers, movers to the...
June 28, 2024
Janet yellen and 3 00, mario draghi will be addressing the group out it jackson hole. As we look forward to those meetings today, the question for the fed is where inflation has gone if it should affect their decision on raising rates. Weve heard different opinions. When i think about inflation, i think about our mandate, which is price stability. The economy is adding. I think we are in a pretty good place. We have Monetary Policy. That tells me we should gradually remove accommodations. As the...
June 26, 2024
We know it could be much colder for this time of the year. 58 officially out at the airport. In a morning in october you see a lot of our microclimates in our state, a few 30s and 40s and chilly spots in the high country. On the eastern plains, same deal, 49 out at limon. A few cool spots out there. In the metro area, mostly 50s a few places along and near the front range foothills have low 60s, 54. 61 in thornton, 66 in dacona so hanging on to warmth that way. 51 degrees from joy jordan and ben...
June 25, 2024
Proponents argue this deadline is necessary to ensure timely consideration by d. O. E. , but given the departments track record, i find this arbitrary deadline to be completely unnecessary. In fact it could be detrimental to the ultimate approval of an export application. In light of recent events related to the jordan cove application in oregon, do you believe it makes sense to force d. O. E. To hastily make a decision on an application based on the final eis . We have consistently said we see ...