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June 20, 2024
100 points off. Russian president Vladimir Putin not holding back in that exclusive interview that you saw here this morning on cnbc, telling a global audience that sanctions imposed against his nation for russias actions in ukraine will in his words boomerang on the United States. What threatened the energy markets. Well have a closer look and hear more of what mr. Putin said at that time. Maybe thats contributing to the Broader Market backdrop here. Also its the crown jewels sporting event of ...
June 20, 2024
Time since 2012. Maybe stocks are slowing because of the hunt for yield, the tenyear treasury note below 2. 6 . Whats that sound . It is realtors dancing as Mortgage Rates are likely to fall back again. Europe as you can see with the exception of what looks to be switzerland or lichtenstein is down. Our road map begins with apple and one very large acquisition. Talks to buy beats headphones, dont forget the streaming service for 3. 2 billion and create the first hiphop billionaire, we will addre...
June 20, 2024
Signal a slowing economy. Something well be kicking around a lot. It is the talk of the town. The Dow Jones Industrial average meanwhile is off 168 points at the session low. We were off more than 200. A little bit of a comeback here clawing its way back anyway. Still negative. Meanwhile the nasdaq off. 6 . Or 25 points today. The s p 500 shedding almost 1 , 17. Right in line with the dow there. The russell 2000 has been the leader to the downside for much of this move lower. But today even thou...
June 20, 2024
Plenty to chew on this week. Although the big news of the morning well get to that. The ten year awfully close to the lows of the year. The 257 a lot of feds speak this we week. Europe is in the red are and dozens die in the ukraine. Fall out from the Massive Customer data breach continues. Warren buffet this morning explaining the vote around the Compensation Plan and more. First up greg steinhoffel is out. Target has named John Mulligan as ceo while the Company Searches for a new chief. But as...
June 20, 2024
Improved. Its the talk of the town. Even as Inflation Numbers go up, its counterintuitive. Is the stock market bracing for a curveball that it wasnt expecting, a report showing a big jump in inflation on the wholesale level is raising those eyebrows and concerns that if inflation really is starting to rear its ugly head it could change everything for stocks and the economy. We will take a closer look at that story coming up here momentarily. Also ahead, more problems over at the irs. Paying out ...
June 20, 2024
Plus whats nations two biggest home financiers are doing now to make it easier for you to get a mortgage . First, though, lets check in with sue on the recordsetting day. It sure is. Its kind of a slow and steady march higher. The rally is moving on. As you mentioned, hitting 1900 for the first time ever. Here are the numbers you need to now. Dow jones industrial average up about 21 points. S p 500 is just below that 1900 mark, up about a tenth of a percent. Nasdaq composite is negative by almos...
June 20, 2024
To win south africas general election. The president urges voters to exercise their democratic right. Among the rights that we have is one of the most important rights. To vote. And i hope all people will do so. And whats likely to be the biggest share sale in history. The chinese internet giant alibaba files documents for stock market flotation in new york. Hello, everyone. We begin with the latest stage of political turmoil still engulfing thailand. The Prime Minister Yingluck Shinawatra has r...
June 20, 2024
Blockbuster retail sales in the uk, strongest in a decade. We begin with retail, moving the markets. Luxury outperforming again as tiffany and burberry top estimates. Target slashes its forecast. The good news, sales were not the disaster that some were expecting. Bulls hate it, bears hate it, a pullback in the market. Its a great market if you have a bit longer than half an hour to invest. Plus break out the shopping list. Google revealing it plans to spend billions overseas and the reason for ...
June 20, 2024
We were down three out of the last four days. Going away. Isnt it tuesday, or wednesday already . This is tuesday. Actually an update. A down day so far. Were off the lows of the session right now, but this could be nothing if you believe david leonard, and he says its overvaluations from the market and the headline in his column use the word bubble, and it lays out why stocks are expensive once again and david will join us to make his case on that. Yes. That is coming up. One stock that isnt ne...
June 20, 2024
Dead. Snch is it a bird or a drone . Flying robots from the animal kingdom. A day after staging a mill at a coup in thailand, the countrys army chief has moved to strengthen his power. Hes declared himself Prime Minister. Hell hold a meter later with the king of thailand. Hes summoned yingluck sin shinawatra and her closest followers. On the second day of the coup, the former Prime Minister was summoned. The army ordered them to attend a meeting here or face arrest and said they could not leave ...