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June 27, 2024
Why not join forces and finally get the job done. Reporter a stark contrast to a moirs month in office. Abc news political analysts said trumps new phase is a way to repackage his old Campaign Themes to the American People like calling to repeal and replace the Affordable Care act. A great, great wall along our southern border. But also a shift in tone towards compromise. Over how to accomplish immigration reform. I believe republicans and democrats can Work Together to achieve an outcome that h...
June 25, 2024
Im begging you. Please come forward she has four kids four kids. Reporter gunned down while driving on highway 4. This is a young lady gunned down like she was nothing. Reporter her family says she became distant recently when she started dating her boyfriend the owner of the lexus that was shot up. At first police thought it was a car crash. But it was more. She and her boyfriend had gunshot wounds. The vehicle collided after the vehicle was shot at several times. Reporter Police Believe it was...
June 23, 2024
Consensus, 18. 2, 18. 2. Meantime were watching the month of december and stocks heading into the premarket. A month of gains, of course, for the First Time Since the month of may. Year to date the s p up in positive territory while the russell and the dow are in the red. Interestingly, jim, down for the first time in the past ten years. Thats surprising. I would think the people trying to make contributions for the 401 k would get started. I find that someone who regularly contributed soon has ...
June 23, 2024
We have been conditioned to believe that good news is bad news because it might make the fed raise rates. Now though when the fed has finally declared its going to raise rates we regard this strong jobs number as a sign that things are good enough for the fed to tighten so bring it on. Dow roaring 370 points. Just higher all day. S p rocketing 2. 5 . Nasdaq 208 . Is it correct . Theres a lot of weakness in the u. S. Manufacturing economy but thats now less than 10 so maybe it doesnt matter that ...
June 23, 2024
We begin with the final push. A december trade thats typically good for the markets. Stocks up 74 of the time. Theres a lot in front of investors. This weeks key jobs report, the prospects of the fed raising Interest Rates in a couple of weeks. Joe, what do you do between now and the end of the year . Do you stay with whats worked, or do you need to switch things up because you think the fed is going to go in two weeks . You have to be ready. I think there are two strides. You stay with what has...
June 23, 2024
All this happening after the ecb shocked the world with a stimulus package that was smaller than expected. The selloff started yesterday immediately after fed chair janet yellen signalled a rate hike in december. Is this the end of the socalled easy money trade . Yes. I think it is the end of the easy money trade but its been all year. Weve seen multiple markets, multiple sectors all trading lower. What happened today, do you need to separate out what happened today. Today was not an economic ev...
June 23, 2024
Terrorism. John harwood will join us from the white house. Before we do that, lets get up to speed on this mornings other top stories. Michelle . Lets start with oil. Crude prices dropping after fridays opec meeting. As a result theres no agreement on output targets. In fact, the cartel didnt even mention a quota, something we havent seen in decades. Analysts say this is a message that opec or saudi arabia is willing to deal with low prices. You can see wti is back below 40 per barrel. U. S. Gas...
June 23, 2024
Dow plunging 252 points. Nasdaq nose diving. One of the worst days of 2015. Why dont we use todays session as a teaching school, how sometimes it simply pays to sit on your hands and watch things unfold until they get less insane. Thats always been my view on days like today. When the sun came up, it looked like the stock market would make back some of its losses. First, we didnt know the cause of the shootings in california. We would just once again wake up to the sadness of a mindless, tragic ...
June 23, 2024
Many rate hikes evening will come the next year and whether he sees a global turn around. If youre betting on a global turn around we will tell you which beaten down stocks could go from zero to hero next year and tell you whether facebook and netflix could flat line. We will have mike santoli on that coming up. Plus the new reports says wells fargo sales practices are under investigation. We will bring you the details ahead on the closing bell. Lets start with this cyber monday story. Courtney ...
June 23, 2024
And this morning the iea says it sees the oil glut worsening. The big reason, demand growth now is slowing while opecs out look continues to boom the ieac Global Market is supplied until at least the end of next year. Wti with 36 and change down another 1 . Even brent at 39 and natural gas, look at that, below the 2 mark. We were you messed it up yesterday. Halftime report we were up like 150 or something . Almost 200. Almost 200. We ended up, up 80. What did you do . Which guy was it do you thi...