Bostick Joe News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Companies preparing for less than historic times. Cocacola and gm announcing thousands of job cuts. Isnwhile, capital one cutting borrowing limits on credit cards. This is coming just as stimulus money is running out and people need loans the most. Romaine interesting that they would take this action. The credit market dropped pretty dramatically prior to covid19. The number of credit card loans outstanding on a household basis dropped in the first quarter. It accelerated in the second quarter. That was the sharpest drop on record. I guess the question is what caused that. People were shopping...

Out with a pessimisticout with k on demand. Romaine what kind of economic drag that would have and the factories in the market, we are seeing a little bit of that priced into the market today, although we did see and we should point out some optimism and tech names, primarily secondtier tech names in the videogames space as well as telehealth companies. With us is Liz Ann Sonders of charles schwab. Lets talk about this earnings season. I guess depending on your perspective, you will either be the biggest thing in the world or biggest nonevent in the world. Im wondering, once we get this data f...

Argentinas debt levels are unsustainable. This is after the review we had been expecting. We will dig a little deeper into any and try to let you know impact from that decision. Lets dive a little deeper into the action with our markets reporters from equities want. Watching . Hat are you abigail i have volatility on the mind. The vix maybe receiving the panic index. The skew index is an interesting to. It could be hedging against a big move higher for stocks or could be an early look at volatility. In 2018 in the summer when the vix was smooth was snoozing, that is shown in yellow. Part over ...

Its weakness too. Alicia i want to point out the dollar has been moving lower the last eight weeks, telling you it is on its way down to a softening, making emerging markets actually kind of interesting. The fed has blasted it today. Romaine lets dive deeper into all the action right now with our markets reporters. Abigail, what are you watching . Abigail i have my eye on volatility once again. The vix and speculative vix sports. Might not have stocks moving much. But some who have been selling volatility this year are starting to change their mind. In white, speculative vix shorts. In blue is...

Reporters. Abigail, get us started, please. Abigail that divergence you were talking about, the major average slightly higher on the day, that stands out. We have a different situation with different indexes on the week. The s p 500 up for a third week in a row. The nasdaq outperforming this week, but one piece of underperformance is the faang complex. 0. 25 on index down the week. Down for the second week in a row. Index stuckhas this in its own way. Heres a longerterm weekly chart of the faang index. We see these beautiful gains until the end of 2018 when the volatility started. The 40 week ...