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July 16, 2024
Brexit might look like. President trumps political future among the topics front at center at bloombergs forum in new york. When you added together, i think what it leads to is not a recession, but a slow down growth globally, which is what we are experiencing. Carol more on that ahead. First up, here is editor joel weber on this weeks cover story. This is one of the hallmarks of businessweek, these strategy stories that we sometimes do. It is a look at how mcdonalds has been thriving for the pa...
July 16, 2024
And more importantly what you should be doing or not doing around it. We begin with big breaking headline shares of Johnson Johnson are higher after an oklahoma judge ordered the company to pay 572 million for its role in the National Opioid crisis however, that number, 572 million, far less than some expected meg tirrell is live outside the oklahoma courthouse where that decision was handed down less than one hour ago. Meg . It may not sound like a positive headline but j j stock is not reactin...
June 27, 2024
A Health Square for minnesota governor mark dayton. Get him to the ground, please. He collapsed while delivering his stateofthestate speech yesterday. Fawn alive, three puppies pulled from an Italian Hotel burried by avalanch, giving rescuers hope of finding more survivors. Were told that the puppies parent escaped the avalanch and that were found in the valley. Thats good. Puppies and their mom and pop altogether again. Thats good news. Lets get over to katie. Good news coming further down the ...
June 26, 2024
Hillary clinton will capture the white house tomorrow. It is the best day for stocks in eight months. But the question here is, are investors getting ahead of themselves and should you sell this election rally. Guy, what do you say . Im inclined to say you fade this move because it takes us back to levels in may of 2015. This is a 2130 level. What was support becomes resistance. And does that mean it cant trade another ten handles higher . If she wins, people will say she might not be as friendl...
June 25, 2024
Were lowinger taxes. Taxes are going way down. Were going to allow trillions of dollars to pour into the country that are right now outside of this country where people and companies what. To bring it in and well get rid of the tremendous numbers of rules, regulations. Donald trump reaching 12,037 delegates, the number needed to clinch the nomination. The likelihood of a Trump Presidency is as real has its ever been. The stocks, the sectors that will do well under trump, which will not . This is...
June 24, 2024
The second week of february we have seen this phenomenon play out and today was no different even as the dow did slip 80 points s p declined 8. 4 . Nasdaq lost 1. 1 . [ sell, sell, sell ] it was up yesterday. What do i mean Pricing Power . Im talking about a companys ability to raise price on its goods and not meet any resistance when it does. The ones that can have stocks that bounce back quickly from marketwide turmoil or they hang in like champs. The ones that cant, they dont come back. Or th...
June 24, 2024
Brent now at the highest levels of the year. Gold, copper, et cetera, and the stocks within that complex have all just ripped. And since february 11th, most shorted stocks in the s p 500 up 20 . This is a massive Short Covering rally. Theres two questions you want to answer for yourself. Is the bottom in . The answer to that right now, only is in will there be an exogenous event that takes you back to the lows. Not an economic event. Recession pulling off the table. Secondarily the question, whe...
June 24, 2024
Steal police carrying out another series of raids. The police are still looking for two men believed to have actually carried out the bomb attacks. Dan bowens has more with the investigation. Reporter thats right, they are patting people down, the city is still very much under siege. Two days after the bombings the police in france say that they have stopped a potential attack on french soil. On squats on scene. A neighborhood evacuated in the suburb just outside of paris. Here the French Police...
June 24, 2024
Weve had disappoints galore in pretty much every sector. Its been almost nonstop depressing. Its hard to recall a time when the misses were sao widespread. Earnings fell at abc and a strong dollar played havoc with merchandise sales. Leading to a sharp decline in the stock. It didnt do the number. Even the worst earning seasons have Silver Linings and youre seeing stocks line with silver everywhere. Which is how we could rally so hard today. S th nasdaq we could only run like this when oils goin...
June 23, 2024
Week low at this point. Up by about 1 . It looked like they were headed back to 50 and thats been given up over the last couple of weeks. We do have a special lineup of guests ready to tackle all things energy. Hess ceo john hess and christopher crane. Plus the president and chief operator officer of Royal Caribbean cruises. And then later, Southwest Airlines chairman and Ceo Gary Kelly. Theyre set to post Quarterly Results later this hour. Well talk to him about the results and what he sees ahe...