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July 16, 2024
Sales way ahead of the season which would be black friday. Seismic shift here to this calendar here. Does this surprise you . Melody, you start to talk about it since june and every year it is further back. It is making me crazy. I admit that is maybe i am old school, everything you just mentioned until after thanksgiving that to me is the official Holiday Season bahumbug amazon is rewriting the script i guess in some way is good for them we have sales, walmart and target during the week and esp...
July 16, 2024
Programs and committees as well. We will take you live to the financialal services subcommittee. The subcommittee is now in order. Without objection, the chair is authorized to declare recess from the subcommittee at any time. Members of the full committee not on this subcommittee are authorized twopart is abated todays hearing. I remind you to keep your video function on at all times, even when not recognized by the chair. Numbers are recognized recommended not to mute themselves after they are...
July 16, 2024
We have all that and big show on making money. Charles stocks edging a little bit lower today as the street awaits whether we get more stimulus injected into this economy. Of course the reopenings are underway. A lot of Small Businesses need the aid. That is a big contention. Investors got a big bump when the ecb expanded their asset buying program, additional 600 billion euros, a lot more than anyone thought. Now it is 1. 35 trillion euros. In case you missed it here in the United States, we ha...
July 16, 2024
Chinese demand levels almost at precrisis level. Time for todays market moving news from our washington and new york teams. We want to start with fed chair jay powells comments on the economy. In an interview with cbs, he expressed confidence in the recovery, but timing is still hard to predict. Chair powell the economy will recover. It may take a while. It could stretch through the end of next year. We really dont know. Michael mckee, International Economics and policy correspondent, has more. ...
July 16, 2024
Measures protests in a series of democrat led state, including michigan, a crucial state in 2020. He is going back and forth between whether he is in power or not in power when it comes to these decisions. The main critique for measures he introduced yesterday which will allow states that believe they have it under control to start loosening restrictions is that we still do not have Testing Capacity to catch any outbreaks that might pop up. That is fueling concerns there might be a second wave, ...
July 16, 2024
No limit, the ecb unveils a 750 billion euro bond buying plan to sue the markets. Christine lagarde throws the full weight of the central bank behind the single currency. The greenback becomes the haven of choice as u. S. Futures selloff again. Liquidity evaporates in the fx markets on fears of a lockdown in london. Stimulus from every angle, global fiscal support soars to trillions of dollars. I count almost 4 trillion of support. The rba cuts rates. Until the one hour start of cash equity trad...
July 16, 2024
Well debate that today with Investment Committee bob dimond is here with us today. So is jeffrey curry. He will tell us where oil is likely heading next. Lets welcome in the Investment Committee. Joe is here. We said bob dimond is here the former ceo of barclays bob its great to have your insights today into the collective mix. Your money is on another wild ride you tell me. The dow hasnt gone up two days in a row for more than a month we had a thousands point gain which is 145 points. What does...
July 7, 2024
Good evening, everyone, and thank you for joining us for this discussion. For those of who are do not know and theres a lot you but i do know im below Senior Vice President here with the bypass and policy center. There are those who work in government and then there are those who make government work. And i James Lockard is is the latter. He has made government just listen to this list of positions. Director of the federal Housing Financing agency its predecessor, the office of federal housing e...
July 7, 2024
Good evening, everyone, and thank you for joining us for this discussion. For those of who are do not know and theres a lot you but i do know im below Senior Vice President here with the bypass and policy center. There are those who work in government and then there are those who make government work. And i James Lockard is is the latter. He has made government just listen to this list of positions. Director of the federal Housing Financing agency its predecessor, the office of federal housing e...
July 7, 2024
Good evening, everyone, and thank you for joining us for this discussion. For those of who are do not know and theres a lot you but i do know im below Senior Vice President here with the bypass and policy center. There are those who work in government and then there are those who make government work. And i James Lockard is is the latter. He has made government just listen to this list of positions. Director of the federal Housing Financing agency its predecessor, the office of federal housing e...