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June 25, 2024
Tie fell out of your pocket again, andrew like it did the other day and no one there that looks good. I figured today was one of those days. We spent some time on a farm yesterday, joe. Thats right. You head back out to the north 40. North 40, andrew, is a term that people out in that part of the world use for the 40 acres that are north 40 . Yeah, andrew is going to be bringing us up to date on everything thats happening in Middle America right now and give us a real view from the front lines o...
June 24, 2024
Have looking for. Even as we do have lower trading volumes. This is the lowest volume of the year. If you look around asset we have conflicting testimony from janet yellen herself. Some other fed speakers more recently with a little bit more of a hawkish stance emphasizing the april could be on the table for a cut. The market is not buying it. We have rates lower. The two year yield is at 0. 8 4 . , theu look at currencies rates are going to go higher. The dollar is a little bit lower versus the...
June 24, 2024
Question. How should one thing about the slower normalization being allocated among three factors . Is the fed more worried about the outlook than the scenario i just described . Is the fed modifying its reaction function, or did Market Participants really understand the way the fed started normalization . Okay. Thats a great question. Let me try to address it. So, you started by pointing out that essentially the u. S. Economy is doing well. We are close to our maximum employment goal with a 4. ...
June 23, 2024
Parts in the country. This gap grows even wider in a state like mine. One of the things that we did not talk about that is a barrier that we have to address and the federal government is doing the wrong way dealing with drug addiction. Drug addiction is the huge part of the debilitating cycle. When folks lose hope, a lot of them turn, out of desperation, to drugs. Then we have a situation where incarceration goes higher because of the policies of the federal government. That is why, in new jerse...
June 21, 2024
Jamie dimon is expected to take part in a Conference Call with analysts starting soon. He just finished eight weeks of treatment for throat cancer. He made his first public appearance on friday. The government is now rethinking the way it is trying to stop the spread of ebola. Health officials cannot figure out how a nurse and dallas came down with the disease while she was treating. An ebola patient she had been wearing protective clothing. It does not change the fact that its possible to take ...
June 21, 2024
He is saying, you need to fix the bank. It cannot be done by only throwing money at the situation. It is opening a flat. Lets look at the euro. Last time i checked, near an 11 year low. Priced in toward quantitative easing by the ecb. Down a by 0. 25 against the dollar. A look at oil. It has been driven by the collapse in oil prices. Prices have been under pressure. We see stimulus across the board. We had a stimulus fest yesterday. China, the central bank has been throwing money at the situatio...
June 20, 2024
A day else a portion of the sheriff shared lending to small and microbusinesses. Because of that 4 billiondollar investment in 332 institutions across the Country Community banks or cdfi loan funds, we have seen positive returns for taxpayers so this is no cost to the taxpayer and we are also seeing that lending has increased by more than 10 billion so we take that 4 billion investment. As a result the institutions have loaned more than 10 million above and beyond the lending that they were doin...
June 20, 2024
The American Enterprise institute beginning at 1 30 p. M. Eastern here on cspan2. Cspan, created by americas Cable Companies this 1979, brought to you as a Public Service by your television provider. Host and best selling author tom standage has a new book out, and its called writing on the wall. Tom standage, what do cicero and twitter have in common . Guest well, the idea of the book is that social media is a very old idea. We think that its recent and only people alive today have ever done it...
June 20, 2024
Cvs will no longer sell cigarettes. But will the shortterm loss lead to longheterm gains. All that and more tonight on nightly Business Report for wednesday, february 5th. Im bill griffin in for tyler mathisen. And im susie gharib. Nice have you here, bill. Here a tweet that twitter didnt want to get. After the closing bell it released its very first earning report after going public back in november. But the news was mixed. Twitter earned two cents a share while analysts were expecting a loss o...
June 20, 2024
Cvs will no longer sell cigarettes. But will the shortterm loss lead to longheterm gains. All that and more tonight on nightly Business Report for wednesday, february 5th. Im bill griffin in for tyler mathisen. And im susie gharib. Nice have you here, bill. Here a tweet that twitter didnt want to get. After the closing bell it released its very first earning report after going public back in november. But the news was mixed. Twitter earned two cents a share while analysts were expecting a loss o...