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July 16, 2024
How about china trade . Thats a standoff. Lighthizer and mnuchin have been on the phone to their chinese counterparts. The chinese say we called them. President xi and President Trump will meet just within days. Back home, a standoff on money for the border crisis. The democrats cannot agree among themselves on new cash for detention facilities. Children are suffering. A vote on emergency aid which was supposed to take place today might not even make it to the floor of the house. Just wait until...
July 16, 2024
Makes the launch important, coming up. Mornings with maria begins right now. Middle east tensions report that new u. S. Sanctions have closed door on any diplomacy, it has threatened Global Security and stability according to iran, President Trump signed an executive order yesterday designated Iran Supreme Leader in new round of sanctions. The Supreme Leader of iran is one who ultimately is responsible for the hostile conduct of the regime, hes respected within his country, the regimes most brut...
July 16, 2024
This after a day of trading that saw s p 500 hit another alltime high, second straight day of record. Meantime investors are cautiously awaiting upcoming earning season with 80 of s p 500 Companies Reportedly cutting earnings forecast. Joining me research chief macro strategist lenor hawkins, what is driving the market to plus side if you watch the bond market, 10year yield falling and closing below 2 yesterday and then you this percentage of s p 500 Companies Cutting their earnings forecast . T...
July 16, 2024
Lets go oneonone nwith a white house ecdirector of trade and Manufacturing Policy and assistant to the president , Peter Navarro. Peter, congratulations first of all. Youre the president said the fed really does not know what its doing. What should the fed be doing . Us talk about the numbers first. The beautiful numbers. David they are very nice numbers. Guess what . Construction and manufacturing added up to almost 40,000 of those. And as director of the office of trade manufacturing i just lo...
July 16, 2024
We are coming out of closed session and returning to open session. Is there a motion not to disclose . So move. Second. Motion by commissioner driscoll and seconded by commissioner safai. Any members of the public to address the Commission Regarding this item . Seeing none we will close Public Comment. We will take this without objection. Second. Five action item approval of president s committee assignments. Item four. Public comment. General Public Comment. Any members of the public that would...
July 16, 2024
The drumbeats loader for rate cuts. Southeast asian leaders walking a fine line in the simmering trade war. We will bring you more from the meeting in bangkok and more with the Prime Minister of malaysia. Looking at how markets closed, it was a turbulent session not only because we saw the iranu. S. Tensions escalate but because futures and options expired on the same day on quadruple witching day. So at one point it was an intraday record high but then we thought ending. 1 down lower. Led by re...
July 16, 2024
Being unhappy with policy. The drum beats louder for rate cuts. And people working closely together to protect interests in the escalating trade war, we are live in bangkok. You a check oft the markets at the close. It was a turbulent day with not only iranu. S. Tensions but futures and options expiring together on quadruple witching day. There was a record intraday high only to close lower by. 1 , industrials and real estate stocks leading the declines. We have one sector gaining ground, the en...
July 16, 2024
The focus shifting from Central Banks back to trade ahead of the g20. President Trumps Administration up in the antiby blacklisting another five chinese tech companies. Yvonne perhaps dampening the prospects of getting any kind of deal at the g20. Seems like when it comes to the oil market this escalation of tensions with iran, it perhaps is offsetting what we saw last week on the markets. A lot of uncertainty on the geopolitical front. David on one hand you have that of grants. Terms great head...
July 16, 2024
We will start by going to closed session. The normal rules for Public Comment will apply to this why dont we call the meeting back to order. We are coming out of closed session and returning to open session. Is there a motion not to disclose . So move. Second. Motion by commissioner driscoll and seconded by commissioner safai. Any members of the public to address the Commission Regarding this item . Seeing none we will close Public Comment. We will take this without objection. Second. Five actio...
July 16, 2024
Walking out the door to 70s. So this feels much more refreshing as we go throughout the day, martinez in the upper 50s as you step out the door. Mid70s by early afternoon. Well talk about those cooler temperatures for the weekend and then the hot weather as it returns coming up. Mike, youre checking out the early commute. Yeah. Looking over toward the richmondsan rafael bridge. Minutes ago, a bunch of people were coming through fastrak and the cash lanes. And out to peets coffee shop they back o...