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BLOOMBERG Bloomberg Markets European Close July 13, 2024

Is the ecb doing every thing it can, or will it do more . I think that is the question the market is looking at. We are trading 1. 94 on btps. Vonnie in the u. S. , we erased all of our 2020 decline on the nasdaq, now down slightly lower, but pretty much flat on the year. Microsoft, facebook, all of the things have been doing all of the faangs have been doing particularly well, leading this rally. The s p is up, but there are a lot of crosscurrents, from earnings to the dire economics. We saw th...
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FBC WSJ At Large With Gerry Baker July 13, 2024

The trauma we saw during the depression. Unlike the 1930s, of course, we have good reason to believe this economic collapse is going to be shortlived, though how many of the jobs lost and how much of the lost income for so Many Americans will ever be recovered, at this point we just dont know. Frustrated by the scale of the economic damage, more and more americans are demanding a restart, and this was the first full week that most states is have reopened many businesses closed by the lockdown. S...
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BLOOMBERG Bloomberg Markets European Close July 13, 2024

Be playing into sentiment. All of the sub indices in the s p 500 are lower now. A real pause in earnings reports from the Oil Companies to amazon, down 7 after saying it would likely spend all of its operating profits on covid related preparations to protect employees and customers. Also saying that revenue increased, which was a positive sign out of amazon, but again, investors selling that stock today. Barrelil was above 20 a , so i bit of a recovery, if you want to put it that way. It certain...
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FBC Varney Company July 13, 2024

President. His support among independents gone straight up despite the intense opposition of the media and the democrats. More positives. At the president ial town hall, mr. Trump suggested a vaccine is possible by december. Dr. Fauci says january, if everything goes well. That would be a major step towards a fullscale return to work. However, the president also said he could impose fresh tariffs on china. He called that the ultimate punishment. We should point out that there is a new report thi...
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BLOOMBERG Bloomberg Markets European Close July 13, 2024

Crude down by 6 10 of 1 . Pretty weighty session. Itll waiting to see whether is a go away type trade. Latest to suspend guidance on a lack of charity and visibility. The s p is down two thirds of 1 . Obviously, stocks that are moving the most to the downside are the airlines after Warren Buffetts comments. You can see the Airline Index down 9 . That is weighing on the dow as well. The dollar index is a bright spot. It is continuing to strengthen. In theil is still 19 20 range. Guy absolutely. L...
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FBC Mornings With Maria Bartiromo July 13, 2024

Have the numbers as soon as they hit the tape and show you the impact. Coronavirus keeping the c task force going indefinitely focusing on Vaccine Development and reopening the economy. Meanwhile some lawmakers looking to expand the Paycheck Protection Program and add more stimulus but others raising concerns about growing debt and deficit. Markets this morning pointing to higher opening. Take a look at futures, indicating market wills open higher in triple digits, dow up 3020 points, s p is up ...
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COM The Daily Show With Trevor Noah July 13, 2024

Lets kick things off in germany. One of the first countries to reopen and the place that ruined tiny mustaches for the rest of us. One nonhuman victim of the coronavirus pandemic has been germanys famous clubbing scene. But now theres a new club for germans who cant wait to get back to the dance floor but still want to be responsible. Well, the clubs are closed but the beat goes on for party goers at this drivein reef in ger mafnee, djs pumped out the music to the car bound crowd. Socially dista...
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FBC WSJ At Large With Gerry Baker July 13, 2024

The trauma we saw during the depression. Unlike the 1930s, of course, we have good reason to believe this economic collapse is going to be shortlived, though how many of the jobs lost and how much of the lost income for so Many Americans will ever be recovered, at this point we just dont know. Frustrated by the scale of the economic damage, more and more americans are demanding a restart, and this was the first full week that most states is have reopened many businesses closed by the lockdown. S...
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BLOOMBERG Whatd You Miss July 13, 2024

That the worst of this may be behind us. And they can start thinking about what the recovery is going to look like. Someet i know we have earnings coming out. Romaine travel companies will be reporting after the bell. On booking, what we are looking at, the g1 numbers coming in at 2. 29 revenue. That was the estimate for 2. 15. Well belowitda estimates. The estimate was for 363 million. So, no real forecast here. The company did say that covid19 would profoundly impact the travel industry. We wi...
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FBC After The Bell July 13, 2024

Lauren. Lauren very choppy. The dow was set up to be up five days in a row, 357 at the high. Closing in the red, s p is lower. It is on track for the best month since 1987. Nasdaq is the big loser. Technology down. Health care weighed overall. A lot of dow components reported today, four to be specific this morning. Only one of those,fieder actually reaffirmed, rare to do this, reaffirmed fullyear guidance but take a look at its shares down over 1 . Pfizer spending money on a coronavirus vaccine...
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