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July 16, 2024
Guys, that interview with barry right now makes you feel better. Gives you hope i think its important to he hear, are stocks cheap yes. Is the system working . Yes. Is the opportunity going to be great if the countrys locked down no so whats important is to find out where the country is fiscally thats why its important to speak to the treasury secretary. Yeah. The concerns that we had yesterday continue to be the concerns we have today, which is about businesses forced to potentially suffer sign...
July 16, 2024
Are still skeptical that further Interest Rate cuts or increased bond buying is going to rescue the earth from recession. Italys shock says all. Food and pharmacy businesses we take a look to other countries fashion industry and the corona. Business. Equities and all prices fell through the floor again on. And off to the World Health Organization classified a pandemic donald trump a bond all travel from europe to the u. S. For 30 days. A Global Economy will careen into recession tokyo dropped mo...
July 16, 2024
Been a long time since i did good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla futures were up and we were up 950 points almost on the dow but were going to start with the market selloff from the highs at least dow is up 243, caterpillar and bogey. Bob pisani is here at post nine to talk about what these internals look like this morning. It all feels tentative, the whole thing. I said this morning, theyre putting an awful lot of faith on fiscal stimulus, not monetary stimulus th...
July 16, 2024
China is the manufacturing workshop of the world and its shrinking, manufacturing, shr k shrinking at its fastest pace ever. This is an astonishing move into the safety of tenyear u. S. Treasuries. At one stage that yield had dropped all the way down to an alltime low of 1. 03 . Right now, we are at 1. 08 . Historically very, very low. The virus is the problem. We do not know how much our economy will slow if large numbers of people are quarantined and people are unwilling to go out and shop and...
July 16, 2024
I showed them other articles too where governors, democrat governors are saying we have done a fantastic job Gavin Newsome said theres not a thing hes asked for that we werent able to get limb it was a positive statement. Many democrat governors have said the task force and the federal government, what we have done has been terrific [ inaudible question ] this was unexpected this came out of china and hit us and many other countries. You look at the numbers. I see numbers just by watching you fo...
July 16, 2024
A payroll tax cut to provide shortterm stimulus, pu sources telling cnbc the white house is far from ready to roll out the proposals and a number of Companies Cutting their dividends and Spending Plans guests this afternoon, the ceo of jet blue as the company pulls its guidance due coronavirus jim oneill joins us to discuss the Economic Impact and government responses around the globe and what to do with your money now. David herro will join us as we count you down into the close. 59 minutes lef...
July 16, 2024
Ease concern over coronavirus. 1 10 year yield falls below for the first time in over 150 years. Uncoordinated action. Other g7 Central Banks are yet to follow suit, though expectations for the central bank of canada, japan, and korea and furtherrowing to fall. Scott meinhardt said u. S. Equities could slump another 15 but a surprise come back for joe biden on super tuesday cease turn positive. Speaking of the biden news, we are getting a breaking headline on the bloomberg terminal that joe bide...
July 16, 2024
Rebounds, even as saudi arabia turns up the heat. The kingdom is now threatening to flood the market next month. Relisting into the White House Briefing on the coronavirus. Larry cutler is currently speaking. We had a lot of momentum in the First Quarter. I recognize the challenges, and that is why we are proposing to combinel measures with monetary measures that have already been taken. The president intends to bring the full power of the federal government to deal with these health and economi...
July 16, 2024
Gather for a Memorial Service at the site of the crash a tragedy compounded by what the victims relatives describe as being way too little compensation. Im chris cuomo welcome to the program around the globe investors are still wary after mondays shock trading session the coronavirus and the steep drop in Oil Prices Remain big concerns for the market prices are up by around 8 percent with russia now not excluding negotiations with other Oil Producers over virus lead production cuts due to lower ...
July 16, 2024
President. 9 times as many new corona virus infections recorded outside china beijing reports the lowest number of new cases in over a month. And greece reinforces that sea and land borders to stop migrants crossing from turkey. Hello Benjamin Netanyahu is claiming victory in israels general election although it appears hes fallen one or 2 seats short of a parliamentary majority exit polls suggest thats an yahoos the crude party and its right wing allies have around the 120. 00 seats in the knes...