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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 26, 2024
Host hype will only set false expectations with an undecided public, and thats when it comes to driverless cars. What did you mean . Guest ing thats exactly what i meant. Its quite straightforward. If you read a lot of the headlines, you see a lot of the proclamations that automotive executives are making and, look, in the automotive business were used to a lot of hype. And i think when it comes to everyday matters, a little bit of marketing hype is okay. When it comes to matters such as this, i...
June 25, 2024
Coming up on the show, we have Dale Stafford. He will join us on all the dealmaking and unmaking going on. We will preview aprils retail sales. Jon looking forward to that conversation. S p 500 futures negative five. Switch over to the board very quickly. 1. 1345. Lar, foot. Llar is on the front yields are down by two basis points. What a week for wti. 46 thought. Flat. Lets go around the world for indepth coverage. Selena wang as the latest. We are 90 minutes away from the april retail Sales Nu...
June 25, 2024
Look at the tenyear reaction. All of this on the eve of the big fed decision. Joining us is the chief executive officer for blackrock global fixed income. I know everybody wants to blame it on the brexit,ry, but the reality is the yield on the german bouund has been falling r 30 years so what does it tell you when the bonds of one of the biggest economies in the world are now a negative yield . So, first of all, i think youre right in terms of they have been falling for a while. Some of it is ag...
June 25, 2024
Its great to have you with us today. John, how about this story, ford getting destroyed today. Do we need to be more concerned beyond the auto sector. Well, judge, im not a big fan. I like their products but im not a big fan of ford, i havent been a fan of any of the Auto Companies in this country. In fact a much better buy would have been volkswagen even though they have the rigging of emissions. Dont you look at this story and say if the consumer has been a pillar of strength at least in certa...
June 25, 2024
We will dig into that in a few minutes. To theot confined financials. A relatively broad selloff. Groups Like Health Care are leading the downturn in todays session. At the lows of the day of the moment. The dow down 1. 5 . The nasdaq is really bucking the trend. In todays session we are watching what has been going on with crude oil as the meeting in algiers is happening among opec members. You can see crude oil prices up more than 3 in part as it looks like saudi arabia is opening the door to ...
June 25, 2024
Level, before big deals get done . Where Companies Feel comfortable selling or buying . Typically. Whether that is economics are e confidence, its like Energy Executives are like any other executive. They will do things when conditions are good and when there is positive momentum. Because investors will follow that and they it takes a lot to print a transaction in an environment where he have a tremendous amount of volatility. One of the positive developments in 2016 and we are so going to hit 3...
June 25, 2024
Good morning. Im carl quintanilla. Joining us this morning, New York Times tech reporter and dan fromer. Good morning to both of you. First up we have our eye on politics. Republican president ial candidate donald trump is expected to speak at the Economic Club of new york in just about 30 minutes. Our own john harwood is standing by in manhattan raising the curtain on that. John . Reporter carl, donald trump has been drawing closer to Hillary Clinton in the polls. Republicans have been coming h...
June 24, 2024
And a morning. The ec and a warning. The ecb says they must be wary of introducing fresh stimulus, but are they moving closer to draghis position . We will hear from bundesbank throughout the show. And weve got the imf pushing for bold fiscal action, goldman pushing back on that. Where did they see Monetary Policy in the next . In the mix . Hans he says it will be data dependent. Normally, the german voice tends to be, well, quantitive easing can be counterproductive. Theyre specific, saying the...
June 24, 2024
Surrounding the snow. Reporter another concern in the city, potholes. Public works is working on compiling a list of potholes that need attending to. If you see one that needs attention, be sure to call 856attention, be sure to call 856city, so they can add that to the list. Live in license, katie brooke, abc 13 news. The freezing rain and sleet we got led to a lot of power outages. We caught up with the crew in danville working to restore power. Families in the north davis drive off piney fores...