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June 25, 2024
We were talking about how it had dipped into the red yesterday. We are off of sixwe close. We are off sixweek lows. The s p is up. 6 . The nasdaq is still down year to date by nearly 4. 8 . I want to show you what has been happening with the s p 10 sectors. Generally a broad rally across the board. Information technology continues to be the biggest leader, up by 1. 1 percent. It had been higher. It was as high as about one point 3 or soap Health Care Sector up by about. 8 . Consumer staples cont...
June 25, 2024
The magazine. You need some work. Now, the will do it tie has to go. I have something for you that will help. This already feels better to me. David thank you. Carol there are a ton of cool stories. You guys have a story about the most famous indian political family. What is he doing . He is the head of the opposition party. Is he going to carry the mantle . Oddly, he disappeared for a few months and when on sabbatical. He came back refreshed and he is like he may be like members of his family. ...
June 25, 2024
There. Weve had some complaints. Enough for not cool the magazine. The tie. Lose the tie. And you, just two buttons. Carol we have a great story. Raoul gandhi. What is he doing . Is he looking to run . Ellen he disappeared for a few months and came back looking refreshed. And he is sort of making moves like he may be gandhi and nehru and numbers of his family before him. Carol does he have support . Ellen its not clear. The Congress Party was trampled. It is sort of looking ahead. Will he ultima...
June 25, 2024
Ellen you need some work so we will do that before we start. Got to go. David, can you do that . I have something for you guys going to help. Two buttons. Already feeling better to me. David thank you. Ellen there are a ton of cool stories. Global economics section. A great story about indias most famous political families. They greatgrandson from the fourthgeneration, raul ghandi. Is he looking to run . Ellen he is the Vice President of the Congress Party. Modi is pretty popular now. The questi...
June 25, 2024
Bigtime gambler. Markets close in about two hours, and stocks are down but off their lows. Another day of weakness across the board. Were talking about all sectors. On concerns the fed will height hike rates next month. Concerns they will be more pressure on an already sluggish global economy. We are now seeing the dow jones come down. 7 . The s p 500 down. 6 . The s p has been in the negative all day today. T has not been doing great at one point, it was down more than 1 . It has pulled back so...
June 25, 2024
James comey there is evidence that any reasonable person in her position or any position of those with him she was corresponding should have known an unclassified system was no place for that conversation. Although there is evidence of potential violations of the statutes regarding potentially classified information, our judgment is that no reasonable prosecutor would bring such a case. Hari joining me now is glenn thrush of politico. What is the most important take away we should remember from ...
June 25, 2024
Position or any position of those with him she was corresponding should have known an unclassified system was no place for that conversation. There is evidence of potential violations, our judgment is that no reasonable prosecutor would bring such a case. Is glennning me now thrush. Guest Hillary Clinton is not being led away from her mansion in handcuffs. There will be no indictment. He said no reasonable prosecutor would bring a criminal case against her. Aere was the potential for security sa...
June 25, 2024
Emotional farewell address. Ryan it was a 10 minute speech. He came out with his wife samantha and three children. And he said that you know, he took some time to talk about how he has improved the economy and remember, when he came into office in 2010, there was still a lot to do in terms of repairing the economy after the financial crisis. He thanked the country so much service and graciously the countrys Civil Servants and graciously welcomed recent may theresa may. There wasnt a lot of polic...
June 25, 2024
More than forecast single signaling a healthy economy. Gaining a half a percent or the nasdaq meeting those gains up 7 . The fed minutes did not do much to change this. However in the morning session, we had the report we mentioned, that report was out around 10 00 a. M. Showeda right there that the nonmanufacturing composite. The highest reading since november. Back in may but also going further and gaining 256 point. We saw it had not only in stocks but also in hans and other asked that classe...
June 25, 2024
That we saw yesterday, increasing concerns about whether or not the fed is going to raise rates in june. Does the fed threat then rally . I dont think. So im not going to speculate on when theyre going to raise rates. The bottom line is you know theyre going to raise rates. It could be june or september, next year. What the real important question is what are you doing in the fixed income market if the feds raise rates you . Know theyre going to go up. Its just a matter of time. And i get very, ...