Live Breaking News & Updates on Bob Lutz

Stay updated with breaking news from Bob lutz. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts For CNBC Squawk On The Street 20240712

Yesterday carl was a discouraging day for a lot of people who have been chasing momentum because last week was maybe one of the best momentum weeks i can recall since 1999, which meant that if you bought it went higher and how much fun is that . Yesterday was the day that you bought it went higher and then you got crushed. So i think that usually takes a couple days of reset where maybe you can after stocks that arent as hot, say, as tesla. So you would focus, say, on Something Like the banks ive been through the banks and i know dave and i talk about this all the time, they are incredibly complex beasts, they are not like, oh, tesla, hot and when i first went over them i thought they looked pretty good but already theyre reversing. This is not an uncommon pattern as people find one line or two line that they dont like and then they sell these stocks. David, its happening once again. You know that these banks could have had litter ....

United States , New York , New Jersey , United Kingdom , China Sea , Brunei General , Los Angeles , David Conrad , Fargo Isa , Johnson Johnston , Abe Baker , Stanley Goldman , Robin Hood , Jim Cramer , Morgan Brennan , Boone Sim , Adam Jonas , Bob Pisani , Joe Sorkin , Franklin Martin , Jamie Dimon , Carl Quintanilla , Mike Wilson , Carl Steve , Daniel Lee Lewis , Metro Atlanta ,

Transcripts For CNBC Squawk Box 20240712

Good morning welcome to squawk box here melissa lee is hanging out again with us. Becky is off today for some welldeserved vacation well see her next week. As joe said yesterday, one of the first down days weve seen in a while a little better s p up about 13 and nasdaq looking to open about 45 points higher also showing you treasury yields now you can see where those are standing well flip that around to. 628 on the 10year you thinking about refinancing a mortgage anytime soon, guys . Im as low as they go im good if you have an account where you can use assets for credit line or to make an investment or Something Like that, i remember two or three years ago, i locked this ridiculously low rate if they come to me again and offer another one, it will be lower than it was last time. It was like 2 or 1. 5 when you get money that cheap, dont you think you you are in the drivers seat when rates are this low i dont feel bad about borrowi ....

New York , United States , Hong Kong , San Diego , Bob Iger , Porsche Bob , Joe Citigroup , Cross Jim , Andrew Ross , Jim Cramer , Los Angeles , Melissa Tesla , Andrew Ross Sorkin , Julia Boorstin , Joe Sorkin , Delorean Julia , Jamie Dimon , Ed Bastian , Eric Johnson , Jpmorgan Andrew , Christine Payne , Rick Santelli , Marty Mosby , Bob Lutz , Tim Lesko , Charlie Shaw ,

Transcripts For CNBC Squawk Box 20240712

Weve given all of that back and then some. Yesterday, the market was down by 1,861 a decline of 2,443 points. All of that over the previous sessions we had given back futures are up by 626. Normally, thats the type of move that would make you sit up and say wow s p indicated up 69 points nasdaq up 192. Treasury yields have been moving all over the place as well we did see the 10year on monday up 0. 9 . Higher than that this morning, up 0. 2 on trading yesterday. Accelerated on the day everybody was on tender hooks to watch what would be happening here are some highlights of what is on tap car line, former citigroup ceo, former white house chief of staff, founder and chairman of Interactive Brokers joining us there. A lot going on there todays top story, uk gdp following 20. 4 in april the largest monthly fall on record as the pandemic lockdowns have battered the economy. Londons ftse down more than 18 , thats just year to dat ....

New York , United States , North Carolina , New School , District Of Columbia , Kansas City , Puerto Rico , New Jersey , South Carolina , Warren Buffett , Scott Gottlieb , Notre Dame , Trevor Milton , Robin Hood , Joe Biden , Jim Cramer , Mohamed El Erian , Andrew Ross Sorkin , Andrew Jim Cramer , Mick Mulvaney , Gerald Ford , Becky Andrew , Katie Stockton , Jimmy Carter , Dave Portnoy , David Reuben Stein ,

Transcripts For CNBC Squawk Box 20240713

Microsoft was up by about 7 if you watch this morning, dow futures are indicated up s p up by 11 and up by 55 points the treasury yield looking below where we are now the yield on the 10year last i checked weve gotten used to that 0. 8 range. 0. 7 in that area now. Andrew becky, it appears weve found a bottom we have an update on the numbers to bring to you. New york has more thans the epih more than 61,000 of those cases. New york governor made this appeal for Health Care Workers across the county to come help new york as governor of new york, i am asking Health Care Professionals across the country if you dont have a Health Care Crisis in your community, please come help us in new york now we need relief Governor Cuomo said new yorkers havent b ....

United States , Hong Kong , District Of Columbia , New Orleans , South Korea , New York , New Jersey , North Dakota , Town Hall , Russell Wilson , David Adelman , Kenny Dichter , Jim Paulson , Michael Rubin , Jennifer Lopez , Jim Cramer , Russell Kenny , Andrew Ross Sorkin , Vladimir Putin , Tom Brady , Ted Cruz , Alex Rodriguez , April Ford , Health Care , Health Care Workers , Health Care Professionals ,

Transcripts For CNBC Squawk On The Street 20240713

Overnight, though they lost some ground this morning. A lot to watch, china pmi backing expansion, the fed launches a new dollar repo operation. Jim, sounds like youre focused on testing, having talked to abbott last night. Right i think that myles white and now the new ceo recognize this, as they did during the aids epidemic, when you find out who has it, everything changes in this country, we can find out who has it, and doing a serilogical test, finding out from blood of people who have had it maybe a lot more people have had it than we knew. Maybe we can find who has got it, they can be quarantined. Already the carpers people are saying its only going to be med techs and hospitals. Myles and robert told me absolutely, this will devolve into a pregnancy test at home. How quickly, i dont know. Abbott labs is one of them dr. Gottlieb is going you know what ive seen science this is working in forgave earl avor ofd guys megs work with alex gorsky made me feel maybe next year we can go t ....

New York , United States , United Kingdom , San Francisco , Staten Island , South Korea , Alex Gorsky , Walmart Asa , Dominic Chu , Scott Gottlieb , Nicole Miller , Jim Cramer , Dell Vecchio , Mike Wirth , Santelli Carl , David Ricks , Bob Pisani , Carl Quintanilla , David Faber , Rick Santelli , Bob Lutz , Dan Schulman , Greg Abbott , Phil Lebeau , Al Kelly , Mary Barra ,