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June 28, 2024
The recent restraint. Appealing to his core support in arizona. Bracing for a big one. Raised,ber eight being it was not too bad. We were laughing about it. But we are seeing things escalate. We are seeing dark clouds, wind and rain that could strengthen persistently. Here is why. This storm heading straight to the city. On thed to make landfall western part of hong kong. There is a chance this could be bigger than a ta. Already as you mentioned, reaction to this storm. We hope you stay safe. Th...
June 28, 2024
Dow on track for the worst month since january. Icahn the latest the step down as an adviser to the president and now looks like there maybe communications with all of that and another shot fired in adps ackman battle. Well break down what that means. Four week losing streak for the nasdaq and given sort of these levels here. Not surprising that the dow is on track for the first month since january. I have been watching and reading and theres people that feel that a 2 correction was warranted. T...
June 28, 2024
Power lunch starts right now good afternoon, everybody welcome to power lunch. Im Tyler Mathisen the dow, s p and nasdaq trying to avoid a third day of declines look at the russell 2000 its not there there it is. It was blocked out by the shadow of the moon for a moment it is the russell 2000 fiat and chrysler and the Container Store. The Container Store getting slammed. Retailer cutting its full year earnings outlook brian . I love the shades im starting to feel like the Blues Brothers weve use...
June 28, 2024
The eclipts is a big business story. Dozens of companies with offers. And if ever a die to buy solar stocks, buy. All of the angles covered for you coming up. Plus, treasury secretary Steven Mnuchin making a tax for tax reform tim pawlenty head of the Financial Services roundtable. What he wants to see in that plan coming up. And to our reporters covering the Solar Eclipse. Contessa brewer is in columbia, South Carolina and jane wells joins us as well but first to contessa. Reporter people are r...
June 28, 2024
Ceiling or tax reform in the next days and months. Plus, President Trump remarks come after the president huddle with National Security team in the final days of working vacation, speaking of vacation, the countdown is on, folks, we have weeks before congress is expected back in washington following their august recess, Senate Majority leader Mitch Mcconnell and Steven Mnuchin answering questions earlier today as Louisville Chamber of commerce but the focus of the discussion, it was supposed to ...
June 28, 2024
Will this, mys speed divorce talks . Waiting for draghi. President speaks ahead of the jackson hole summit. Will he give any substantial clues about the Central Banks next steps . Matt we are less than half and a lower half an hour away from the open. Futures are trading, a bit of a mixed bag in my you see dax futures a little bit, ftse and cap futures down a little bit but not a lot of direction so gains the games we we saw yesterday. Some slight, some bigger, the dax closed up 1. 3 and the cac...
June 28, 2024
The why is what is unknown. Is the spreading commodities market everyone is watching. The spread is almost 4. The global tightening we are seeing in the market when it comes to balancing. 10. R up by the vix, modest today. Desk david says trump was back in campaign mode. He took on nafta, the media, and the republicans senators from arizona. He threatened to shut down the government over the building of the wall in mexico. We have to close down the government, we are building the wall. Me be cle...
June 28, 2024
Trading uities stocks down for the fourth day in five as investors digest the speech from President Trump yesterday with all these currencies rising against the dollar today, euro continuing its descendents. Bond yields are falling. An appetite for the haven assets with commodities the final column appeared one of the final two columns appeared one of the final two columns. The euro rose against the account and is rising against the dollar. No big hint ahead of the ecb meeting. A brilliant chart...
June 28, 2024
But his wealthiest donors, not so much. 24 Trump Supporters on the billionaire list have seen their fortunes rise6 10 of a percent since the election. The s p 500 is up almost 15 since then. His wealthiest supporters including donald bren, where a combined 16 billion. A senior russian diplomat warning against expanding sanctions against north korea, saying it is necessary to focus on a political settlement. The Deputy Foreign minister said that the scope of sanctions already endorsed by the u. N...
June 28, 2024
Years. Its warded them off and rebounded in a meaningful way each and every time. My sense is youll have more of the same now guy, just a quick question on the markets more broadly yesterday markets higher and the dollar higher. That correlation has not been in play for much of the summer. Is it encouraging to see the markets rally in the face of a strong dollar . Wolf, as you know, one day does not a streak make, but i think youre on to something lets see how it plays out the dollar was on a bi...