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July 3, 2024
Countless unarmed Israeli Citizens being massacred. How the heck could we rally with the dow gaining and the nasdaq advancing 0. 39 . Maybe it is because there seemed to be no direct consequence for the united states. Maybe it is because we are desensitized after the war in ukraine and russia. We treaded low all morning. Then in early afternoon we started rallying. Why . Because fed board of governors vice chair Phillip Jefferson made dovish comments that immediately pushed stocks higher. He tol...
July 3, 2024
Not just the japanese yen. Its the korean won which has been sensitive to the actions of jay powell. Were getting commentary from the likes of ocbc, jeffrey saying upside in dollar trade, count down to around 1335 per dollar by december. Better demand, that is improving and also they start of the easing cycle adding to appeal. For equity markets it will be trade or read through from big tech earnings. We had microsoft, alphabet really impressing because the takeaway was they are spending on ai a...
June 28, 2024
Since may. Nasdaq is down for six out of the last eight sessions. Youre talking about elevated levels for all of these indices. The nasdaq is still above 6,000. Dow is at 21,320 again, you can see things actually picking up as we sit here talking about it. Dow futures indicated up by 8 points keep talking. Here are the big stories were watching the manager of the worlds Biggest Hedge Fund sounding off on Monetary Policy ray dalio says the actions of Global Central Bankers suggests the low rate c...
June 27, 2024
Dont think that theyre going to be highly impacted by what mr. Trump may say. What theyll be impacted by is how much of the market movements they internalize in their own projections. Vivendi turns up to the pressure on mediaset, sending the shares to the top of the stoxx 600. But a media battle could be brewing as fininvest, mediasets biggest shareholder, warns against a hostile takeover attempt. Healthy discussions . Actelion shares slide after the Swiss Biotech Company says it is in strategic...
June 27, 2024
The fed decision is coming today. A decision that has already been made by this point. Right. Any visurprises today . The market is discounted fully. The real issue is what the chair says in her press conference. It will either be a nonissue because its already discounted or whatever she says in terms of the future path and the key operative words are slow and gradual. Do they change from that or not . Well see. If you are sitting in the room today or you have been advising or around the table o...
June 27, 2024
To replace Michael Flynn who abruptly resigned on monday. Billionaire investor wilbur ross has been cleared in a Senate Hurdle on the path to confirmation. A final vote comes the week of february 27 after a weeklong congressional resource pass. Global news powered by 2600 journalists and analysts in 120 countries. This is bloomberg. Caroline im caroline hyde. This is bloomberg technology. A rough week for the Trump Administration but the markets must have missed the memo. We analyze the winning ...
June 26, 2024
This business and in every day matters a little hype is okay. When it comes to matters such as this it is a little disingenuous because words are flippantly thrown around. When someone says autonomous, when someone says auto pilot, when someone says selfdriving what a consumer thinks is i come out of my home, i hit a button, and that car will take me anywhere in america at any time under any conditions. And i think as we all know thats not the case. If you go to some of the tests being done in p...
June 25, 2024
Sex scandal, rocking a bay Police Department. We have her re tonight, this teenager is at the center of a sex scandal rocking a Bay Area Police department. We have her revealing facebook post. Andrea borba is outside of the police station. Reporter the picture states that she may have been having sex with several Police Officers starting when she was 16 years old 68. We take this allegation very seriously. Reporter they reinvolve around this woman, shes the daughter of an opd dispatcher. She has...
June 25, 2024
Sex scandal, rocking a bay Police Department. We have her re tonight, this teenager is at the center of a sex scandal rocking a Bay Area Police department. We have her revealing facebook post. Andrea borba is outside of the police station. Reporter the picture states that she may have been having sex with several Police Officers starting when she was 16 years old 68. We take this allegation very seriously. Reporter they reinvolve around this woman, shes the daughter of an opd dispatcher. She has...
June 24, 2024
The outcry greater than ever. Joe vazquez at one of the encampments. What are you seeing out there now . That deadline has come and gone. We havent seen any city personnel. For that matter, weve not seen a lot of homeless people. You could see some tents here. There are about a dozen here in the area of san bruno and alameda but as we pan the camera around, you see a lot of sidewalk. Were told a few days ago it was wall to wall tents all the way down to division street. The Public Health departm...