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July 16, 2024
After a hideous day like today where the dow plunged 923 points and s p plunged and the nasdaq down 3. 73 would it be liberating to dump the shot shoot match and cash in your ira and take out your 401k and sell funds to preserve some cash perfectly sensible emotion sure, thats the problem emotions whether trading or investing, you cant make decisions based on your feud you want to vanish the pain, i totally get that you are probably making a mistake. Look at the tsunami of selling that we have t...
July 16, 2024
Ive taken this quarantine times to update a couple of bathrooms. Not. Light bulbs i have always wanted to be handy. These numbers are expected to be insane i did change a couple of light bulbs. They are all different so finding the right one for all the Different Things my wife has, it is not easy. I have changed a couple of them but thats about it. Rising to the challenge, im sure before we get those numbers from home depot, lets start with the overall markets. The s p 500 finished the session ...
July 16, 2024
The futures indicated up about 322. The decline of 30 points futures point to bigger gain at the open of about 30 points. The nasdaq is open it is very early we have seen a lot of volatility lately lets look at what is happening in the treasury markets. Wti said the july contract that is the active front running Contract Trading above 22 a barrel one point of favor for the bulls on this. The 10year at 0. 698 . Andrew thanks, becky we have a huge lineup of guests. We keep saying a huge lineup but...
July 16, 2024
Despite strong sales during the shutdown, especially from walmart. And times of trouble in the Housing Market u. S. Home building dropped by the most ever in april a lot of talk of a bottom has those housing stocks up as well today. Absolutely. But as you said, the Broader Markets near the session lows. Coming up on todays who, well speak with Eric Rosengren on the back of that congressional testimony from chair powell and secretary mnuchin. Well get his read on the economy and whether weve reac...
July 16, 2024
70 drop in wti, trading under five dollars a barrel right now and still nobody is buying. That has the s p 500 lower but it is off of its lows, down about half a percent. Lower, thoseso indices are down to present. The dow has actually turned positive, some leadership in tech. The dollar also strengthening. Commodity currencies on the other side of that trade. 0. 7 anadian dollar, weaker. Basisyear yield at 54 points. Moment forfor the the obvious indicators. Abigail doolittle has a deeper dive ...
July 16, 2024
Our nation shutdown, this group is under serious pressure. Well get the latest from former macys ceo that is coming up this hour. We begin with latest developments our reporters are standing by to track the action for you kayla following the passing of ta that recovery bill in washington steve is breaking down the moves by a very busy fed kayla, lets begin with you. Reporter after a chaotic 24 hours and a few couple week of tense negotiations, this lbill passed the house in under a minute with a...
July 16, 2024
Theres now more than 1800 in the region. Its total has been brought to 25. One of the victims is a young adult, between 21 and 30 years old. And new fatalaties were reported in several counties. The bay area death toll is now at 44. We are keeping an eye on cases in mendocin skpmendocin sp to three for mendocino lake county is reporting no confirmed cases. The death toll has climbed to 101 now, that include as noncalifornia resident that passed away in southern california. Theres now 4600 cases ...
July 16, 2024
People might say it has been the best performance currency, thailand. And the bank of thailand. We have an exclusive interview. Kathleen markets have opened. Aussie yields are rising. Little change to the upside after the session on wall street that saw u. S. Stocks pare gains after a fresh eye. The offshore yuan. This check in on the yen morning, holding onto a threeto decline after a wild start to 20, holding onto a threeday decline after a wild start to 2020. New york crude staying below 60 b...
July 16, 2024
The first 11 months of the year. Thats an average of a hundred and 80000 a month. Then employment rate dropped to 50 year lows and your some minority groups felt the lowest its ever been. Workers have seen the average outing wages increase in healthy pace, by about 3 in the costofliving remains low. The economy continues to chug along at a solid pace, and fears of a reception that we did have earlier in the year have mostly abated. And all of this positive news, there are consumptive concerns. E...
July 16, 2024
Bond markets awaiting ism services in one hour road map, the trade roller coaster. Stocks look to rebound from a three day slide after that report that trade negotiators are edging closer to a deal. Plus, alphabets shakeup googles founders, larry page and sergey brin both step away from their current official roles, but still control the votes at the overall company. And another setback for boeing, united tapping rival airbus to upgrade its new transatlantic fleets stocks looking to recoup some ...