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July 16, 2024
Expected i think were going through a period of i hate to use that cliche, rational exuberance. People want to get back in the market and theyre being when you see this nickel you featured highly for the last couple days, people are just anxious to put money. Theres a lot of money on the sidelines. And i personally think that we should be concerned and be concerned about whats ahead for the economy. The rest of the summer and into the fall i mean, i think were living in artificial dream world at...
July 16, 2024
Commissioner rettig, thank you for agreeing to testify on 2020 tax Filing Season and the irs handling of challenges that are posed because of the pandemic. 2020 Filing Season got off to its typical start at the end of january. However since then, this Filing Season has been anything but typical. This includes the individual and Corporate Income tax filings and payment deadlines which were pushed back from the normal april 15 to july 15. There is some rumors it might be extended again. I dont kno...
July 16, 2024
Since the death since the disease emerged. The causing Severe Damage to the global economy. It also says australia is leading developed nations through the economy. Shery lets get a check of how markets are trading. We are seeing u. S. Futures under continuous pressure. The futures session right now. This after stocks fluctuated throughout the day. We had the risk on tone fading. This is Economic Projections pointed to the long road back to normal. We had the s p 500 falling half a percent. Fini...
July 16, 2024
After yesterdays midsession rebound, the dow initially fell more than 750 points from the trading session before that striking turn around and finished higher more than 750 points s p 500 went from more than down 1,500 and nasdaq went to close up by 1. 4 these moves came after the fed said it would buy individual Corporate Bonds, not just the etf. President powell trading these today not only on what jay powell said but this idea that the administration will be looking for a 1 trillion package i...
July 16, 2024
59 minutes we are session highs on the dow record highs on the nasdaq composite intraday and set for a record close coming up, the rebound for Airline Stocks has been fast and furious. Is there enough demand to justify the rise well get a firsthand look with robin hayes. Plus, a powerful email from a Goldman Sachs employee about equality in america made the rounds on wall street in the past few days. Well speak with freddererick ba that is coming up on the show. Lets focus in on the big stories ...
July 16, 2024
Defector in the south sent leaflets into the north criticing thecountrs leader the nor state news a agenc inted tinger at souou korean authories, singhat they nnived hostile acts byy the r rf raff w wle ting t nay excuses. Ponsibilit with in retaliation north korea says tuesdays communications cut will include the joint Liaison Office which serves as the contact point for the two koreas as well as hotlines between the countrys militaries and president ial offices. It added the north believes the...
July 16, 2024
The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its...
July 16, 2024
Good evening. Welcome. Im larry biel. Thank you so much for joining us. New developments tonight. Santa clara county is now getting ready for phase 2 under way tomorrow. The spotlight is on Face Coverings and how big a role they should play. What will it take to reopen schools here and across the state . Oakland is asking parents directly what they want to see. United looks to technology in the new coronavirus era. The goal, of course, to make surfaces safer and reassure reluctant travelers to f...
July 16, 2024
Disinfection d employers they have to be trained on all of the guidelines kron fours dan kerman he is live in Solano County with more on the businesses that will be reopened dan. At the last one bar and restaurant on other you should this. Guys whose. At the last one bar and restaurant in benicia theyre ready for a thursday night reopening of dinein customers. People have been really itching to come in and build a sense of normalcy. So we see that theyre very excited about it. Following the stat...
July 16, 2024
Wine bar and restaurant they are open for business were seeing people who are both inside and outside who are dining. The last one bar and restaurant in benicia theyre ready for a thursday night reopening of dinein customers. People have been really itching to come in and build a sense of normalcy. So we see that theyre very excited about it. Following the states ok Solano County has issued an updated health order allowing for dinein eating which is a relief to many who have seen business plumme...