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July 16, 2024
Yesterdays stomach churning day during which the dow saw its fourth biggest point drop in history. 1,861 points. Equity losses of 2 trillion dollars just shaved right off. One of the triggers from yesterday is the same one thats pulling the oxygen out of todays rally. Worries about a longer recovery and a second wave of the coronavirus pandemic rearing its ugly head. One of the most widely followed economists on the street, in this final hour, what he sees as the biggest obstacle to a more persi...
July 16, 2024
The dollar index is a strengthening a little bit. The dxy is above 97 today. Decisionmaking the 10 year yield at 70 basis points. Crude oil not going anywhere today. 36. 37 a barrel. Have seen an interesting two days. Equities having their worst day since march and much like march, any day we saw declines of 5 or more, we followed that with a rebound today. A lot of this we have seen play out in the session so far. I want to note that the european closed a few hours ago, we saw stocks fall below...
July 16, 2024
143,000, and nearly 5000 californians have died. There is also a growing concern about an increase in cases across many parts of the country, the governor is halting the states reopening plan as we report help her first professionals are preparing what could be a second wave. Reporter there are now more than 2 million confirmed coronavirus cases in the us, the outbreak is still spreading, as more states accelerate the reopening process, the rate of new infections across the country is holding st...
July 16, 2024
First responders during the coronavirus pandemic. The house sign space and Technology Committee is hosting. You are watching live coverage on cspan. We can understand more clearly what we are facing. Significant n to local estate tax revenue. And other sources of support for Fire Departments. Facing some departments the hardest decision for firefighters in this crisis. We are in the middle of this health guide trips Health Crisis that at the same time the country is addressing longstanding racis...
July 16, 2024
The futures indicated up about 322. The decline of 30 points futures point to bigger gain at the open of about 30 points. The nasdaq is open it is very early we have seen a lot of volatility lately lets look at what is happening in the treasury markets. Wti said the july contract that is the active front running Contract Trading above 22 a barrel one point of favor for the bulls on this. The 10year at 0. 698 . Andrew thanks, becky we have a huge lineup of guests. We keep saying a huge lineup but...
July 16, 2024
Ahead on todays show, fashion in the time of coronavirus. Well speak to anna wintour about vogues new partnership with amazon on a Digital Store front. Plus we will speak to truist ceo about his efforts now for Coronavirus Relief lets focus in on the stories we are watching Steve Liesman with the highlights from the fed minutes. Just released in the last hour and oliver chen is with us to talk about retail earnings and the big box names he likes so far. Michael, start it off with you what stands...
July 16, 2024
Hate speech, pornography. Inappropriate content. How to protect yourself from three minutes of terror. More nursing home oakland. Summer internship season. Real world Work Experience meaning working remotely. Toasty weather for the Holiday Weekend and beyond. Alarming is not the right word. Its a tragedy. New details about a deadly out break of coronavirus in an east bay nursing home. Its all happening at the Redwood Healthcare center. In oakland. Not far from i 580. We talked with the victims g...
July 16, 2024
Taylor even though we mentioned a little bit of a pullback today, the take a look at this chart i am showing inside my terminal. S phe top, the percent of 500 members trading above the average. The highest on record. At the bottom of the screen, the percent with rsi over 70. The highest since 1991. The general tone continues to be a slow grind higher. 500 toive inside the s p some individual movers. Macys has opened 450 stores, but that is not enough to give investors optimism. Suspendedy compan...
July 16, 2024
There is a brief time lag between the live meeting and what is being viewed on sfgov tv. On behalf of the commission id like to extend our thanks to sfgov tv staff. If you wish to make Public Comment on an item, dial 8882733658, access code 3107452 and pound, followed by pound again. When Public Comment is called, dial 1 and then 0 to be added to the speaker line. You will be you will hear an automated voice that will tell you when it is your turn to speak and your twominute speaking time will b...
July 16, 2024
As well as up. Romaine you really have to go back to the lows we were in in march. What was an improbable rally of 40 less on the major indices, even with the big selloff, if anyone used february and march as an entry point, you are still up 20 . Taylor in the last hour seeing this final hour of trading was crucial. To see yesterdays big selloff was or something indicative of more selling to come. This last crucial hour, really important to show us where sentiment is. Speaking of sentiment, look...