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July 16, 2024
Few years, is leaving the business. Apple is trading down by. 8 . I want to take you to the gmm function to see what the big movers have been. Down under, australia and new zealand are doing well. Equity outperformance has been a feature, strong markets in the bond market. But equities have underperformed, and that is worth paying attention to. We will see some rebalancing coming in. To give you an idea of the risk narrative, we have this weird market were equities and bonds have gone up, and th...
July 16, 2024
Five years, and why the company is setting such an ambitious target in the middle of a media firestorm. But first to our top story. Facebooks plans to create its own cryptocurrency, libra, is not getting love from lawmakers. And you can add fed chair Jerome Powell to the list. Take a listen to what he told the House Financial Services committee on wednesday. While the project sponsors Public Benefits including improved Financial Access for consumers, libra raises many serious concerns regarding ...
July 16, 2024
111 points the s p 500 up slightly, 0. 24 financials lead the charge up 1. 1 joining us for the full hour to break down the Market Action is jim lecamp lets start with the g20 meeting. You think the market could pull back 20 if trade breaks down . I think the market is not prepared for that at all and weve got a lot of complacency in the market. The markets are trading not far from alltime highs now. We dont have one reason to think a deal is going to be done or be real over the weekend. The goo...
July 16, 2024
Site of the g20 summit this week. Thatshere President Trump and xi will be meeting to discuss trade. An important moment in the trade dispute between the two economies in the world and today, secretary mnuchin said the two countries are close to a ulal. Im hop we see a deal, but there needs to be the right efforts in place and this isnt you know a deal for having the sake of a deal. We were about 90 of the way there. I think theres a path to complete this. But wellwe see whae got. Market watcher...
July 16, 2024
Employees globally over the next five years, and why the company is setting such an ambitious target in the middle of a media firestorm. But first to our top story. Facebooks plans to create its own cryptocurrency, libra, is not getting love from lawmakers. And you can add fed chair Jerome Powell to the list. Take a listen to what he told the House Financial Services committee on wednesday. While the project sponsors Public Benefits including improved Financial Access for consumers, libra raises...
July 16, 2024
Of that. Marriott and hilton is down on a downgrade. The 10 year yield is backup to 2. 06 before the powell testimony tomorrow and plenty of fed speakers today and later in the week. Guy absolutely a firm focus on the fed. European stocks are down again. Stoxx 600 down by 1 . Cable is breaking lower again today. The reason for that the politics, probably more importantly core retail data out of the u. K. Today ahead of gdp tomorrow. Looks like the u. K. Economy hit a brick wall in the second qua...
July 16, 2024
Understand me, then you can provide the services for the people thaw want to help because they have a place to live. You are doing it tailend, ass backwards. You have been doing this for well over several generations and thats why you have so many people homeless out on streets right now. Supervisor fewer thank you very much. Next speaker, please. Well, i feel certain that you have the best of intentions but i ask, nonetheless, how is it that now while we are presently suing a number of importan...
July 16, 2024
Plus you will hear from the social Networks Global chief diversity officer. She tells us how facebook plans to double the number of female employees globally over the next five years, and why the company is setting such an ambitious target in the middle of a media firestorm. But first to our top story. Facebooks plans to create its own cryptocurrency, libra, is not getting love from lawmakers. And you can add fed chair Jerome Powell to the list. Take a listen to what he told the House Financial ...
July 16, 2024
Employees globally over the next five years, and why the company is setting such an ambitious target in the middle of a media firestorm. But first to our top story. Facebooks plans to create its own cryptocurrency, libra, is not getting love from lawmakers. And you can add fed chair Jerome Powell to the list. Take a listen to what he told the House Financial Services committee on wednesday. While the project sponsors Public Benefits including improved Financial Access for consumers, libra raises...
July 16, 2024
The number of female employees globally over the next five years. Why diversity seems to be the one big problem big tech cant solve. Itst, ibm has closed purchase of red hat, finalizing the worlds secondlargest tech deliver. Ibm was once synonymous with mainframe computing, but has been struggling to adapt in a cloudbased world. The company is playing catchup to market leaders and Offering Software and services over the internet. Bloombergs david westin spoke to the leaders of both ibm and red h...