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CNBC Power Lunch July 12, 2024

Fed governor saying the fed is likely going to need to shift its Monetary Policy from a policy of stabilization to a policy of accommodation which means helping the economy achieve the level of growth that it has previously. Remaining low until certain Employment Outcomes are hit. A thick fog of uncertainty now surrounds the United States. She goes onto say the Downside Risk dominates the strength will depend on Additional Support along with Monetary Policy. She urges fed emergency facile tills ...
New York United States Texas Medical Center Lake Charles Sara Eisen Los Angeles

FBC Cavuto Coast To Coast July 12, 2024

Been happening out there. We received word that officials are planning to close down a city jail in the middle of all of this. Well talk about the timing. Back here in the new york area, there are some in business who are now saying that new york city is among the worst places in this environment to do business. Well talk about why. Also talk about, when and how that might change. It is all coming up coast to coast on a wednesday. Edward lawrence starts us off on the aforementioned drug price wa...
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CNBC Squawk Alley July 12, 2024

An awesome day i wanted to get with you first so thanks so much. Youre very welcome look forward to talking in the future. David, well see you later. Thanks for that. Good morning welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt coming to you live from separate locations. Interesting price, but not dramatic, another alltime high on the ndx for a second day. S p really about 100 points from going green for the year vix below 25 the 10year yielding 0. 8 very busy morn...
Panama City United States United Kingdom Hong Kong Santa Clara County Michael Farr

CNBC Closing Bell July 13, 2024

Tepper and Stanley Druckenmiller both say stocks are overvalued u. S. china tensions flaring again as the fbi warns that chinese hackers are targeting covid19 research firms. We have a big lineup of guests today to help break down this selloff including bill mill miller, david harrah, david ruinstein and Liz Ann Saunders from Charles Schwab. Down 550 points, down 620 moments ago. Weve got full Team Coverage of todays market downturn. Scott wapner, mike santoli, and Steve Liesman with us. That be...
New York United States Liz Ann Warren Buffett Josh Brown Anthony Fauci

BLOOMBERG Bloomberg Markets Americas July 13, 2024

And the news for china, sense that the president is cking supplies for huawei [indiscernible] on slot for china. We have the index above 100, and the 10 year yield at 62 basis points. The market except in all of this dire data we are getting this morning. s get to that data now [no audio] michael why that is, unless people just sort of got used to what was happening, and the fact that they have been locked down and couldnt go shopping or Something Like that. That is the only thing i can think of...
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CNBC Fast Money Halftime Report July 13, 2024

Oleary is with us kevin, welcome back to you look at where we stand right now following that adp employment report been all over the place. Nasdaq has been positive throughout dow has been bouncing around, as has the s p 500. The jobs number shocking, neutralized somewhat, though, by the continued move in tech stocks, like apple, rising above 300 a share today pete, thats really why were talking about the divergence these horrific economic numbers. And yet, unbelievable stock market numbers, bec...
New York United States North Carolina South Korea Jim Cramer Bob Iger

CNBC Fast Money Halftime Report July 13, 2024

Well, ceo of farr, miller, and washington hope everybody is doing well lets check on the markets today. Give you a look at what stocks are doing this hour. 2. 66 down for the dow nasdaq still down 2 and the russell seems to be either the outperformer on the upside or the down side and that is where we find ourselves today. So steve weiss, let me turn to you as we begin our debate on stocks today i is a uh you said earlier today in a note that youre surprised that were down as much as we are toda...
New York United States Angela Merkel Michael Farr Goldman Sachs Amy Raskin

CNBC Fast Money Halftime Report July 13, 2024

Were off the lows nasdaq is green. Russell is green dow is down only 160 the s p is down. I mentioned crude. I know its jarring. You look at that number to the right hand side of your screen down 43 crude sinking more into the abyss. We do have big earnings reports out this week. Well discuss all of that. Pete, dow and s p are on track for the best month since october of 2011. Now were starting another week. What are you doing in the market today . Its probably one of more active days. Last frid...
New York United States District Of Columbia Saudi Arabia Qualcomm Steve Tom Lee

BLOOMBERG Bloomberg Markets July 13, 2024

Deb. I want to talk very briefly about two or three things. First, the issue of testing and how that has changed the complexion of the approach we are going to be able to take. Testing was an issue, many questions of testing in this room for number of times. Now that we literally have hundreds and hundreds of thousands of testing out there, there are a few things we could do with that. One of the things is when we make policy of what we are going to be doing with the rest of the country, particu...
United States Hong Kong New Zealand South Korea New York Republic Of

BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

If it had not been for the information suppression by china and the first place we would not be in the position we are now. Austria, italy with 50,000 people under lockdown. In the Spanish Island we have people locked down in a hotel. Deaths. 15 a big cluster of deaths outside china. Also getting reports of an infection in switzerland and do not forget south korea. This is what is going on. It is about containment. People are trying their best. United arab emirates and turkey banning flights to ...
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