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June 25, 2024
What has fueled this thing . We have a bunch of cattles. Lets start with the obvious, the darn thing wont go down. We had a ton of Federal Reserve officials talking about the need to raise rates. Be the market took it like a champ. The s p finishing up for the week. That was a signal. Signal that a rate hike can be handled without too much pain. The house of pain. Another possi of fed guns. Came back this week, and spoke incessantly about rate hikes. Now were rallying, and rallying hard. This ma...
June 25, 2024
And they estimate the missile traveled 500 kilometers before falling into the sea. It entered japans air Defense Identification Zone landing just outside of its exclusive economic zone. Translator this was their first missile launched from a submarine to e enter japans ai Defense Identification Zone. It is an act of unforgivable violence and poses a great threat to our security as well as Regional Peace and stability. Prime minister abe called the launch a clear violation of u. N. Security counc...
June 23, 2024
Morning. Let us get straight to the markets. We have equity markets around the world under pressure. The shanghai composite is lower this morning. Going for the worst rate we have seen in china since the slump of last year. The biggest twoday loss since last year. Is view from the market critical levels, that would be a 50 retracement from that magical high that we saw two years ago. China stocks headed for the biggest twodate loss, margin traders have cut for the 18th straight day. They are get...
June 22, 2024
Doctors are likely to change their procedures after hearing this major news on Blood Pressure. Everybody needs to Pay Attention. A lot to do today. Well start with a check on oil trading because oil is down by 3 . One reason might be a note from Goldman Sachs that came out this morning suggesting that oil could not will, but could fall as low as 20 per barrel saying, the oil market is even more oversupplied than we had expected and the potential for oil prices to fall to such levels which we est...
June 21, 2024
Announcement. Oil bidding analyst estimates. Feeding off it until we got last night, beating saying a bit of a troughing. Asml equipment which makes the chips for intel. Alibaba. Lory from up managing to wrap advertising. Working and ibm together to create apps. These are companies that have been feuding for a good three decades. Bowl adveas the super rt. Liked it. Rs byebye library. All that and more. We are talking about china. They have released the latest check on the economy with Economic G...
June 21, 2024
I am Erik Schatzker. Stephanie i am stephanie ruhle. Erik breaking news but last big piece of Economic Data before the jobs report, julie hyman is in the newsroom with the headlines for us. Julie the expectations were not very high going into the report, but the number is coming in that are than the estimates with a rise of. 2 . This is the fastest rise weve seen since last july, and we have seen this downtrend as of late, a drop of. 3 was what was estimated, however, there is a dark spot, and t...
June 21, 2024
This government is not seeking some extra european solution to what is a european problem. Cory grace, meanwhile has named the 495 million loan payment to the imf which was once in question. They have also increased the emergency funding available to greek banks. The news from greece helped to propel banks today. The stock 600 index of 1. 1 to an alltime high. Investors hoping the Quantitative Easing Program will boost the european economy. Meanwhile, a new report out of germany showed productio...
June 21, 2024
So important so you can use them to make your next move. And then there is this. Well, this is no fun. Thats i95 near washington. No major injuries fortunately, but when traffic is backed up for miles, is that gasoline tanker blocking all southbound lanes. And on that road a million times and that is a day worth of trouble. Lets get straight to this selloff on the street. The dow and the s p wiping out their gains for 2015. Oil moving lower. Bob on the New York Stock Exchange. Sarah eisen and wh...
June 21, 2024
Falling 0. 33 . Nasdaq advancing 2. 61 . But still, quite a contrast to yesterdays very strong performance. Why cant we put together a winning streak . Why cant we go up for more than one day . I think there are a host of reasons why we rarely have backtoback up days anymore. And the reasons are all endemic to 2015. And theyre worth going over tonight. Because i dont know about you, but i find this market maddening first, we know the estimates from Many Companies are just plain too high. It has ...
June 20, 2024
Chemical weapons eliminated. In autumn the skies over china are usually a clear blue. But this year, a cloud of pollution is obscuring the view. The operators of Fukushima Daiichi Nuclear Plant have resumed the operation of a system used to filter radioactive materials from water. It says human error caused the suspension last week. Workers at tepco resumed their test run of the advanced liquid processing system, or alps, designed to eliminate radioactive materials from the water that is accumul...