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June 29, 2024
That. Some people suggested recently that american works need to be willing to work longer hours. I dont think Many Americans work fewer hours by choice unless there are Health Issues or child care limitations or other responsibilities. I think Many Americans working part time would like to work full time. The slack in the labor market seems to indicateu kateicate we have a ways to go. Discuss the concern for the number of workers working part time but would like to be in the workforce. We have ...
June 29, 2024
Irrelevant. What is relevant, as the gentleman and i i think both agree, if we dont get to an agreement on a number that is as we did in ryanmurray, we have done this before. We have done this before. My view is we did it because you didnt want to have your members vote on legislation that had numbers that were draconian before the election, but that may be only my personal perspective. But the fact of the matter is, the American People expect us to get their work done. Getting their work done a...
June 29, 2024
Market working for everybody again. Here is what i mean by that. I think the legitimate concerns the people have. People who are undocumented are doing jobs that used to be done by people who are american citizens. I deplore that. Here is why it happens. It happens because if you are an undocumented immigrant with no legal rights and you are here among the 11 or 12 million who are here, employers can exploit you and pay you less than any minimum. They do not have to provide good working conditio...
June 29, 2024
Rival, bill ackman. Not the best return on a short position. Julie irelands Prime Minister wonders exactly what Great Britain is looking for in brexit talks . Where we are confused and puzzled, what does the United Kingdom want with the European Union . Julie central bankers take center stage at jackson hole, and we sit down oneonone with two fed president s. I think you have to be careful on the estimates as opposed to the broader trends. I think we should be removing the accommodation, but it ...
June 29, 2024
2. 15 on a 10year. Kevin and can you stay long in the e. C. B. Meeting on thursday . John mentioned gasoline. At one point it was over 2 a gallon. The issue now is are we going to have the supply . Colonial pipeline has shut down different supply to the east coast. That could be an issue for this driving season, so watch that commodity. Copper, nickel, zinc all on the upside on that better manufacturing data out of china. Those metals have been a killer month. Copper had the best month, highest ...
June 29, 2024
Apples stock down. Suppliers like this. The apple watchmaker getting a nice jump. A whole new review. Time now for the morning brief. Apple had an announcement yesterday. Unveiling a 999 iphone. The iphone 10 is the most expensive phone ever from apple was one of three new models tim cook showed off at an event at the new headquarters. The event came on the 10th anniversary of the launch by steve jobs. Phone, and an internet communicator. Are youphone getting it . These are not three separate de...
June 29, 2024
Check out what is happening to european london european stocks. Stocks arising for the second day for the biggest weekly increase in two months it sterling low against the dollar down by. 2 . June 24 last year, biggest weeks biggest weekly gain last year. Sterling rallying 3 against the dollar as the boe turns hawkish. Up fiveyear yield is basis points, higher since august 22 after rising 15 basis points last week. You know the fmos fomc meets this week. Dropped theounts most since january after...
June 29, 2024
A very dark london this morning. Coming up later, the brexit show. We will be joined by the former Prime Minister of ireland. Lets quickly check your market s. Eurodollar. No, its euroyen. This is what the pros look at. Its the end of the quarter so were seeing a little bit of caution when you look at the stoxx 600. The price of oil. The Spanish Government is continuing efforts to stop an independence referendum in catalonia. The Regions Administration is pressing ahead with a vote even deployed...
June 29, 2024
Anna a very warm welcome is friday morning. This is our flagship morning show in london. Our headlinesn that we will get the jobs report, but the wells fargo chief Economist Says uncle up. It says buckle up. It will be a bumpy ride. A percent growth in the United States. Houston was never fully evacuated. Harvey and irma could knock 100,000 jobs off the report. Spreadrvey shows the between these two. The gap between these two up, heardis says i Jonathan Ferro say the jons. Sts not mine, anna thi...
June 29, 2024
Nasdaq up by almost 10 points. S p down by a point. This comes after the markets closed at record highs again the longest streak of record closes for the s p 500 in years, going back to 97 or something and its six in a row, but remember two weeks ago and three weeks ago and four weeks ago, we were saying how many records there were back then this one didnt start until last thursday so the one that takes us back to 1997 it was 130 points yesterday on the dow or 113 after all these moves. 22,775, ...