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FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Inspect a face mask production facility. Its a clear signal hes out and about for the first time in weeks. The markets like this. The opening up, that is. Look first at the price of oil. Th 23 a barrel. Thats because production has dropped sharply, limited supply and the likelihood of a pickup in demand as more businesses open up. The president just tweeting on that literally moments ago. Here it is. Oil prices moving up nicely as demand begins again. Thats the backtowork movement evident in the oil market. Stocks, they are going up, too. Reopening is popular with investors. Look at this. Lot ...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Emergency Small Business fund, 75 billion for hospitals. The democrats claim its their victory and already, senator schumer is planning another 150 billion package, this one for local governments. Is all this enough . In my opinion, not if we dont get back to work soon. We have to open up the economy to avoid economic disaster. Elsewhere, the president says he will sign an executive order today suspending green card issuing for 60 days. This does not apply to guest workers or agricultural workers. To the markets. After two days of sharp declines, weve got an uptick. The dow looks like it will ...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Come friday, thats mayday, with spring weather, getting out of the house and back to work will surely take another step forward. Look at this. Investors love it. We know we are in the middle of a seriously shrinking economy but back to work means a way out of the mess. Top officials including the president and the treasury secretary expect a vigorous recovery later this year. And soon, we will see the Financial Statements from the allimportant big tech companies. Investors are expecting solid results and that, too, is helping the overall market. Heres the big negative of the day. The tumbling ...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

We will see you soon. Thanks, maria. Maria mark cuban joining us. That does it for us. Varney company is in session. Ashley webster is at the wheel. Ashley, take it away. Ashley thank you very much, good morning. Good morning, everyone. The phrase of the day seems to be light at the end of the tunnel and guess what, the market likes it. We are looking at another big rally at the open today, following that 1600 point surge to begin the week yesterday. Optimism that the coronavirus pandemic is stabilizing is fueling the market right now. Italy and spain appear to have flattened, even bended thei...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Says the economy will take off quote, like a rocket ship when it reopens. The questions, though, are when will that be and what will it look like. The market is asking those very same questions as it searches for direction this morning. More green on the screen but again, markets want to know how much economic damage has been done. Meanwhile, moodys says economic output fell a staggering 29 in the first week of april. That is compared to march. That is the first full week of true social distancing rules in place across the country, and that was the result. Down 29 . The other big story of the ...