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July 16, 2024
Than a fewp more percentage points. When you look at the s p 500, we are not close to oversold conditions. We are not elevated but when you look on an aggregate basis, we are below that line where people start to get worried about a potential for things being too overenthusiastic. The major indexes have recovered, the s p gaining 1. 7 . Last week, it had declined. Were back on the slow glide higher. What are you watching . Asked fed next wednesday and i am thinking about bonds, 10 year yields in...
July 3, 2024
The s p and dow. Nasdaq gains which it saw on friday. For the nasdaq and s p and russell 2000, it was the worst month in the year. For the s p and nasdaq with the dow slumping 3 . Nasdaq down 5. 8 for the month. Treasuries is the big picture. This is why we see the weakening. Treasury markets are picking up. 10year is now 4. 74 . The 2year treasury is up at 5. 11 . Mortgage prices are ticking higher. If you want a 30year fixed mortgage, you are looking at 8 . Check out the price of crude oil. Cr...
June 29, 2024
Brendan the Chinese Government seems to be in full panic trying to throw things at this to see what they can fix. Tom we mentioned barclays news. Jenkins is out at barclays. Here is vonnie quinn. Vonnie another round of Government Support measures the benchmark shanghai composite index is down more than 30 since june 12 through investors have suffered more than 3 trillion loss on paper. The Chinese Government has taken steps to prop up more cap stocks. At one point participants were locked out o...
June 29, 2024
Domestic buyers. That is what we are hearing from one analyst, taking advantage of that fear from Foreign Investors and buying in, especially if your currency of choice is the won. Lets check the latest on the markets with sophie kamaruddin. It is still about north korea. Investors assessing potential risks, weighing on the down. 1 , consumer stocks among the decliners despite the discounted valuations across the kospi. Gaining, Building Momentum following that report that pyongyang may be movin...
June 27, 2024
Impugning the character of a senator. He says he spoke with President Trump today. One says turkey demand that sound the relationship between the two countries during the obama administration. Both sides agreed to act together. It will be the First Official overseas trip. Global news 24 hours a day powered by 126 journalists and analysts in more than 120 countries. Is bloomberg. Scarlet live from bloomberg World Headquarters in new york, i am scarlet fu. Joe 30 minutes here in the u. S. Extendin...
June 25, 2024
The world was supposed to end and it didnt. It has been the same case with the ftse. Ftse is right at 6 yesterday and bringing it back to higher levels. I know he wanted to hear this. I wanted to tell him this. No, no. Its not about me. Never about me, but mark grant is going to come on. Thus far you have been right. Mark grant is going to come on and say its not the uk shouldnt be the ones worried, its the eu that should be worried. Sterling has gotten hit pretty hard. Jim paulson is going to c...
June 23, 2024
Apple. Josh lipton has the story in san francisco. Well, it is a big new title for Jeff Williams. He is now going to be apples chief operating officer. He is also in charge of apple wash. Some might think theres a Succession Plan in place since this was tim cooks old job. Apple now grooming Jeff Williams as the next ceo. Sources of the company telling me this is not the intention of this promotion. This is simply a recognition, they say, of jeffs contributions. Tim cook, by the way, in a stateme...
June 18, 2024
Something different. Well be asking why theres hello and welcome to world news today. Still a lack of awareness, funding we start with news about afghanistan and research into this deadly where the us says a short term disease and discovering why in 2020 reduction of violence Ovarian Cancer shouldnt with the taliban will come into effect in the near future. Be a silent killer. The agreement was confirmed at the moment, the survival by the us defence secretary chances for a woman mark esper and i...