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July 16, 2024
Confusion as to what the boe is doing. Are they dovish or hawkish . Cannot tell. Guy, we will be speaking to the iea executive director and also at Columbia University visiting professor and former citi chief economist. Guy also formally of the bank of england. We will just what exactly we have been learning from the bank of england. A lot to digest and hard to fathom. Hour we last half an have seen news from the press briefing. A teleconference briefing with reporters after the policy decision....
July 16, 2024
Minneapolis, mourners have been paying tribute to floyds memory. The public viewing in houston coincides with a couple of things. One, a Court Appearance with the man accused of murdering him and a roundtable discussion thats about to kick off right now at the white house between President Trump and Law Enforcement officials from local, state and federal levels. This just hours after democrats unveiled a Sweeping Police Reform bill. We are going to take you to the white house when the president ...
July 16, 2024
2. 8 million added well explore if that means a v shaped recovery is coming. 2. 7 on the s p 500. Coming up, retail making a big move higher today as reopening trend ramps up across america. Well with marc metrick about what hes seeing from customers so far and later, are leaders doing enough to address equality daymond john will join us with his list of actions. Lets get straight to the key question of the day. Have we bottom ed were ploex ploering in a number of ways. Steve liesman has e detai...
July 16, 2024
Commissioner bernie kerik. After three months of the coronavirus crisis, days of protests and arrests, new york city is back. Cue the Frank Sinatra music. Were open for business. We have a stages of recovery for the nations biggest metropolis. All that and more on making money. Charles sector rotation has been going on for about a month. Initially it was stealthy but no longer. In fact it cannot be ignored. Think about this, energy was bestperforming sector. Followed by financials and industrial...
July 16, 2024
Massive rally on the heels of the stunning may jobs report 2. 5 million jobs added last month and the biggest increase ever and economists were looking for payrolls to drop by more than 8 million and major indices were 50 above their march 23rd lows and four s p 500 sectors were now positive for the year and the Consumer Discretionary hitting an alltime high guy, does this make sense . Amazing not to me, it doesnt, clearly. And ive been saying this now and it seems like the last 300 or so s p po...
July 16, 2024
I know youre loathe to lay into fiscal policy but given forecast for Unemployment Rates, do you think its important that congress extend the extra unemployment benefits. I think were trying to keep our comments on fiscal policy at a high level ill come to your specific question let me just say this, this is the biggest economic shock in the u. S. And in the world really in living memory we went from the lowest level of unemployment in 50 years to the highest level in close to 90 years and we did...
July 16, 2024
As he calls them unchecked monopolies big plans for the big apple. Finally out with a reopening plan and why the novelty of working from home may be wearing off on all of you it is friday, may 29th, youre watching Worldwide Exchange here on cnbc good morning, good afternoon, or good evening, welcome from wherever in the world you may be watching. Thung for joining us right here on Worldwide Exchange. It looks like it may be a weak end to your week dow futures down about 73 points stocks having a...
July 16, 2024
59 minutes we are session highs on the dow record highs on the nasdaq composite intraday and set for a record close coming up, the rebound for Airline Stocks has been fast and furious. Is there enough demand to justify the rise well get a firsthand look with robin hayes. Plus, a powerful email from a Goldman Sachs employee about equality in america made the rounds on wall street in the past few days. Well speak with freddererick ba that is coming up on the show. Lets focus in on the big stories ...
July 16, 2024
For the first time in three months. It has just gone 6 00 a. M. In london, 7 00 a. M. In paris, 9 00 a. M. In dubai. Who do you believe . Larry says there will be a 20 upsurge in the United States going into the second half of the year. Morgan stanley says we will have a short, sharp recession. A vshaped recovery on the way . It is reminiscent of the great brexit bubble that many people wrote about but never lived. Our next guest talks about risk on, risk off. We will talk about the markets in a...
July 16, 2024
Largest number of new cases in just one day and mexico are also contributing to those high numbers Mexican Health authorities reported a daily record spike of more than 2973 infections on thursday alone while argentina pushed its critical deadline for its 65000000000 dollar debt latin americas 3rd largest economy agreed to continue talks with their creditors through june 2nd and in a rare move china drop its g. D. P. Target for 2020 the worlds 2nd largest economy made the decision this was due t...