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June 26, 2024
The iraq or she has become bloated. The bureaucracy has become bloated. Is just past noon. We are talking about oil and whether the meeting will be successful and the markets are predicting some play. That is right and i have a cynicismt shows some delivery and you and it the difference tells you that the oil market is pricing in a lot of supply and we are not sure whether the Production Cut will take care of this. If you get a thing from this, it is skepticism in the market. Lets do a check at ...
June 25, 2024
Over there. Im just going to get rid of this on the bottom. This is looking at existing home sales. This the outpacing we were talking about. You were talking about typically new homes being pricier than existing homes. Thats been driving that particular trend. Something else i wanted to mention it, this is the largest luxury homebuilder in the United States and Toll Brothers is beating estimates. The market for costlier home is holding up. Company says its deliveries were up 9 and the average 8...
June 25, 2024
Welcome to countdown. 6 00. Don, it is here and the sun is in the the sky. You have the commodity story havell us and we volumesed questions of and we had all of that with the traders overnight. Chart andhis on the we have a new sevenyear high. We had up to the 23rd of june and the referendum on the eu and we had three polls that we and 5 . Bout between 2 we had one that was a lot closer to that and it will continue to be all over the place. In and youthe run commodity inberg the bull market. It...
June 25, 2024
At 50 plus per barrel. Angie were still waiting for the latest chain the latest trade date out of china which was expected an hour ago. Bloomberg is expecting a 4 decline. Nothing really to watch. Waiting for the customs administration. An hour ago, we were expecting the numbers. I am speculating a little bit here, but tomorrow and friday are holidays in china. This is not as absurd as the but waiting for godot, it is not uncommon for them to delay these numbers. Expecting a 4 decline, the secon...
June 25, 2024
Manager at 3 00 a. M. Welcome to countdown, im anna edwards. Im manus cranny. Anna theyre sticking to their full year forecast of 1. 375 billion and given what weve heard from lufthansa about the the state of the aviation industry, perhaps that would be seen as no mean feat. They see Second Quarter fares falling at least 6 . We previously heard that ticket prices would fall 5 to 7 in the first half of fiscal 2017. So that that would have been the first two quarters. Not right out of the ballpark...
June 25, 2024
Thatears on speculation aeig yellen will strike hawkish tone at jackson hole. Carolyn we have had north korea testing a missile. We are seeing downward trends in terms of the futures markets. This is where we look for the open. Down. Manus i thought we would start the day wrapping up some of these themes. Global volatility. What will janet yellen do . What will janet yellen promise this market or tell them she is intent on doing . This is when she said she would rate increase, 2015. Fx volatilit...
June 25, 2024
Will be for a breakout. We are talking about friday. Alix how the project on the downside when the defensive stock is already that defensive . Were going to discuss oils bl ull market with ed morris. He is bring his new call on oil. Yes, we have a little bit of strength in europe. Here futures are stronger but again, lack of conviction. Jonathan stocks go nowhere. Put that in a headline. That is the story with the ftse softer. The s pby 2 points on 500. No big moves. Eurodollar, one word, stable...
June 25, 2024
Now 433not seen that days when you count that session. The dow is down. 2 . The s p down about one third of 1 . The nasdaq is down. 5 . We have not seen big swings in the major indexes and the s ps civic lay for 33 days. Take a look at the chart that i pulled out of the library. 2487. You can see we charted the swings and the size of them. We have not been at the size here of one point i percent for over a month. It has been very slow trading, a calm august. Swings inger commodities. You will se...
June 24, 2024
Parts of the economy are too good. We no longer need to be frightened that strong earnings mean look out. The Federal Reserve will make that earnings number the last good quarter. What a welcome relief. [ applause ] as march goes out not like a lion or a bear but a bull, the dow gaining 84 points, North Carolina up. 47 . How did this happen given how bad january was . I think we need to listen to the cautious janet yellen, the fed chief with the common touch who doesnt want to bring down the eco...
June 24, 2024
Host our guest is Veterans Affairs secretary robert mcdonald. Secretary mcdonald came to this job almost three years ago and his background includes the military academy at west point and he is an army veteran himself. He came from private industry and served as ceo at Procter Gamble. Let me introduce the reporters leo shane of military times and david wood is the senior military correspondent for the huffington post. Reporter i want to start with the wait times issue. We had a new report over w...