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June 26, 2024
French president due to his lack of popularity. And pobama becomes an obstacle as he says he will block a chinese takeover. Welcome, its friday. And not the casual friday many people were hoping for. We have the italian infrastructure, austria elections, nonform payrolls. And more nominations for cabinets state side. Which is causing people to be nervous. Here in europe, we were mentioning the italian market, we have seen a recovery in the last laugh an hour or so from some of the early underper...
June 25, 2024
Or tweet me jim cramer. Could there be a better moment than to start thinking longer term . This is the perfect time for you not to be caught up in the law of the brexit vote as an island off the coast of europe, allegedly determines the fate of the western world. Even if the bulls have to be gratified by pulls that suggest the uk will choose to remain. And the s p gained 1. 34 and the nasdaq up 1. 49 . Every time i come out west to the one market headquarters in San Francisco, im reminded of ho...
June 25, 2024
Today . Speech therapy, trying to deal with the mutiny that was coming as a result of Bernie Sanders supporters who did not want to give in. After a storm calls for unity is the headline in the philadelphia inquirer. As the night went on it looked like the bernie supporters had finally calmed down. You heard john harwood report earlier about how Sarah Silverman told them they were being, quote, ridiculous. And that seems to have helped. Lets see what happens tonight with the big headliner. Forme...
June 24, 2024
Response to a deepwater horizon spill back in 2010. The measure requires Oil Companies to develop plans for close watch on deepwater Drilling Operations with realtime monitoring that pushes data to officials on land. It requires companies to boost the frequency of inspections of critical emergency equipment and requires offshore operators to centralized type inside pipe wells. Officials investigated the 2010 wellre of bps mocando in the gulf of mexico. David julie has the latest. About two hours...
June 23, 2024
And thats what happened today with the dow roaring 217 points, s p 1. 4 and nasdaq flying up 1. 82 . Think about the sequence of events just over the last couple weeks. First the fed says things arent Strong Enough for them to raise rates, economys not that good. Secondly china putting up very weak numbers. Third, Major Industrial Companies Like caterpillar tell us business has slowed down maybe dramatically. Nonresidential surveys show a pause in building. Fifth, we hear major mineral mining li...
June 23, 2024
Mining like alcoa, six Delta Airlines just talked about developing wide body airplane. Seventh, that powerful engine of job creation the oil and gas industry has gone almost full stop because of an epic glut in all things energy. A finally, eighth, the only yesterday we heard the Worlds Largest retailer, walmart, sing the blues. W about the need to spend a fortune in order to stop the weaker same store sales. You put all these together and you get something weve seen happen time and time again i...
June 23, 2024
Ferrari is heading to india. Sale. Ndred 85 million 125 million. Tee he will invest 20 million more at the company. Hong kong and china closed for lunch. Points. Seng up 96 the shanghai composite flat. The nikkei composite looking down. Time now for bloomberg west. Emily i am emily chang and you are watching bloomberg west. Patience is not a very for some other shareholders. Activist investors pressuring the company for immediate and dramatic changes. Survival of the fittest in the semiconductor...
June 23, 2024
Over says our analyst. Tonight there are only 7. 5 trading days left this year so we are shopping for the best buys heading into the new year. Do you put more money into the names working or buy a loser at this point. Gee . Im a believer when you put money into things that were working. Losers were losers for a reason. And few play catchup into the next year. And the defense stocks, Lockheed Martin sold off since the alltime high a few weeks ago. But with a 3 dividend in a good valuation and the...
June 23, 2024
Us business has slowed down ha u n maybe dramatically. Nonresidential surveys show a at pause in building. Fifth, we hear major mineral mining like alcoa, six Delta Airlines just talked about developing wide body airplane. Seventh, that powerful engine of job creation the oil and gas industry has gone almost full stop because of an epic glut in all things energy. A finally, eighth, the only yesterday we heard the Worlds Largest retailer, walmart, sing the blues. W about the need to spend a fortu...
June 23, 2024
Bill gross says he expects main line shares to fall again. The man who invented the system after the crash of 1987 says beijing simply got it wrong. Lets get your view on all this. Follow me on twitter. It is all about that open. This is singapore and taiwan. They are behaving ahead of that. Here is david. Far s your surprising so unsurprising. You dont want to make big bets ahead of the opening on china. At the moment though it seems to me that markets have leveled off at about a quarter of one...