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June 23, 2024
Thanks very much. We have a puzzle here. I have the rapid update of gdp in the Fourth Quarter but the data which leads to a downgrade also makes economists optimistic. Here is the data. Q4 tracking 2 . That is down 0. 3 because of the data this morning. Q3 gdp 2. 1 . Thats tracking right now. Here is the Fourth Quarter outlook. Bank of tokyo mitsubishi at the high end at 2. 8 . Goldman sachs, barclays at 2 . Atlanta fed gdp, 1. 8 . Morgan stanley at 0. 9 . Here is the data that brought down the ...
June 23, 2024
Country, and that is why what is going on in mali is such big news here in paris and in france. Here back in paris the french Prime Minister is announced that the death toll has risen to 130 from 129 in fridays deadly attacks. This morning paris police met with members of parliament to discuss Security Issues and one member of Parliament Told us the list of topics they talked about. The whole list of very difficult issues ranging from the protection of schools to public transportation, protectio...
June 23, 2024
Calling on ministers meeting in brussels to cooperate in the fight against terrorism. Air france shares take flight after Goldman Sachs raises the price target on the stock. This despite bracing for a fall out from the paris terror attacks. These events will have an impact. We have more cancellation of bookings than new bookings but we still have new bookings. Shares in nike are on a run after a 2 for 1 stock split in a 12 billion buy back program. Good morning its friday and were one hour into ...
June 23, 2024
Gunmen have taken 170 hostages at the Radisson Hotel in malis capit capitol. Europe has no time to waste. Theyre calling on ministers in brussels today to cooperate in the fight against terrorism. Shares in nike are on a run after they reveal a 2 for 1 stock split and 12 billion buy back program. Good morning, everyone. It is friday. Lets take a quick peek at what u. S. Futures are doing early hours. What we saw yesterday was a pretty flat day of trade. We saw the dow jones off by a couple of po...
June 23, 2024
Out a couple of areas, trade and criminal Justice Reform that he wants to get done and hammer those things out during his last years president. They focused on his tone. I did not notice him getting frustrated with the reporters. Angela even when the cell phone went off. He made a joke about it. Was thata good mood or part of the strategy . He is heading off on two weeks of vacation so why is he not in a good mood so he did acknowledge town directly. He talked about how the fighter against Islam...
June 23, 2024
Too. Weve got someone who says its time to start buying names in the energy space and he will tell you where. And with the potential recovery in commodities on the horizon, is the junk bond scare already a thing of the past . We were just getting used to this thing. Weve got a top high yield strategist to give us his take. Weve got the latest details on the frenemy relationship developing between amazon and ups. Thats an interesting story there thats ongoing. Lets start with nike. The shares mak...
June 23, 2024
Criticized from his response to paris and the refugees. He said were monitoring the situation. Investors from all over the world are pouring money into america, this is the safe haven, the dow up 487 points since paris and it will open up again today after this latest outrage. The money is coming here. And the terror plague rolls on over there. Varney company is about to begin. All right, lets bring you uptodate, exactly where we are now. 124 guests, 13 staff held hostage in the Radisson Hotel. ...
June 23, 2024
Oklahoma. Its still unclear what ingredients are responsible. Airports getting busy, many dont have to worry about Winter Weather. Much of the east coast will see recordwarm temperature this is week like 70degrees on Christmas Eve. Holiday forecast is coming up. Detroit beating new orleans saints, it was the saints quarterback drew brees making headlines this morning becoming fourth quarterback to throw for 60,000 yards in his career. All that coming up. First breaking news. National polls on th...
June 23, 2024
For starters they were in a car with diplomatic license plates . No. The state Department Just said is not the case. That was a false alarm but Everything Else is writeup until now but this is how the siege ended when the attackers new they have played all their cards with a special forces were about to cut into the door to end the siege is reported they executed all the hostages with them at that time so now the u. N. Says at least two of the attackers have been killed and then the attacker str...
June 23, 2024
This hour a mixed picture there. Very much a flat situation. Cac is down a fraction and dax index as well, right around where it opened up 17 points. Overnight in asia, slight gains across the board there, very much a fractional situation with markets not moving much overnight in asia. Our top store as many as 10 gunmen in mali apparently attacking a luxury hotel taking a number of people hostage including foreigners, including french citizens. Identity of hostage takers are not known but believ...