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June 21, 2024
So were 15 points away from that or thereabouts. Sure. Getting close. Apple also hitting new highs. Its like a market of its own. We have the analyst who just hiked his price target on the stock to 150 and satisfiesys this company is on the way to a 1 trillion market company. In case you hadnt heard, the buzz is theyre working on a car now. That would be one of the new projects. Well look into that a little later. Lets show you how the markets are trading today. Hasnt been the most volatile sess...
June 21, 2024
Not moving it these days. Also fed chair janet yellen shes already required to appear before the house and senate twice each year to test a Monetary Policy. Apparently thats not enough. Coming up, House Financial Services Committee Chair Jeb Hensarling to explain why he wants to see her double her appearances on capitol hill. Hewlettpackard and gap, well have the incident analysis of all the numbers as soon as they are released. Both those sectors. Hewlettpackard has turned out some great number...
June 21, 2024
Thats our homeland, our way of life. I think the answer my personal answer is yes. And so im an optimist about this. Not without our challenges. We continue to deal with those challenges. Weve got the best and brightest people. I can tell you. I wish you could meet a lot of them. Phenomenal people working these issues. Im really proud to work with them and be their deputy director. Im humbled to do that. Theyre doing some really important work. And i thank you all again for your contribution to ...
June 21, 2024
Technology exploration now is to look at ways to bring electrooptical sensors into this architecture beyond that opir sensor, that Missile Warning sensor that kicks these things off. And were going to do that by capitalizing on the work thats being done in industry today. Both on sensors, as well as on building Unmanned Aerial Vehicles that fly at very high at attitudes. A High Altitude platform is also key to one of the other investments we want to make. So if we go back just a few years here, ...
June 21, 2024
Any capability, maybe not designed to catch every single thing that they could lob at us. But long enough to buy our leaders some time to be able to make an assessment and have options, if you will. The nation would have options. So i continue to believe that were on the right path. Thats part of a larger continuum of capabilities. And i dont think we ever want to give up on the idea that we have some capability in the Missile Defense tool kit. All right. I think well take one more question righ...
June 20, 2024
War on the poor. My district is also very low income. Manufactured housing is a big deal. 50 of the homes in my district are manufactured housing. And yet, the policies really made it very difficult for banks to lend on that. I suspect that your staff has made known to you that these pressures exist. Have you all discussed that in any greater detail that wed need to look out for the people on the low end of the income spectrum . Well, qm was a policy adopted by the Consumer Financial protection ...
June 20, 2024
We have amex and United Health as the weak links. Centralbank president mario draghi put it damper on what could have been a strong rally saying weakness in the euro zone is expected to continue for a while. It has been going on for quite some time. Dont know why that is a surprise to the market. That means for the next couple years would centralbank is also cutting their 2013 forecasts for the region. The wild swings in apple just over the past couple days, yesterday apple tanked suffering its ...
June 20, 2024
A lane is blocked because of that accident. Right now the main lines of the freeway on westbound 580 though still look good from the altamonte. In fact look at that drive time. 15 minutes still clear and beginning to see the delays coming over tracy though. Just a headsup and reminder the commute is definitely underway. At 5 00 this morning as you can see everything is good right now into and out of San Francisco on 101 and 280. Well, well have another report coming up. In the meantime back to y...
June 20, 2024
And mortgage apps. Keep your eye on gold if youre looking for clues about the fed. We did dip below 1,300 this morning. Just hours away, is the taper finally upon us . Well break down what it means for the markets. And the reviews are in. Words such as gorgeous and game changer being used for apples new operating system and the new verse of the iphone. But will it help the stock . Fedex beating expectations. Up more than 3 in premarket trading. And starbucks asking customers to please leave your...
June 20, 2024
And welcome to the closing bell. Im kelly evans in today for maria bartiromo. Bill griffith will join me in just a moment. Stocks are closing lower on concerns some members of the fed favor slowing or stopping economic stimulus earlier than maybe was previous thought. Heres how were finishing the day on wall street. The Dow Jones Industrial average pointed down by about 22 points or 0. 2 , about double that is the loss on the nasdaq today, down 0. 4 and its giving up some of its gains from yeste...