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FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

President s chief economic adviser larry kudlow. Hes going to join us. Thats the question we will ask, when, where and how will some americans be able to get back to work. Now, check out the market. It reopens today after a threeday weekend. Last week was one of the best weeks in decades, with the dow rising 12 . No significant pullback this morning. We are down just maybe 70 odd points for the dow industrials and well above 23,500. How about that. The s p down about. 33 and the nasdaq, same thing, down about. 33 . That is not a significant pullback. Not helping the stock market is a forecast ...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Its going to be a very big week for politics and money. Today, another impeachment hearing is being gavelled to order right now. Theres talk of an Impeachment Vote by the end of the week. Also today, the Inspector Generals report on what the fbi and doj were up to around the 2016 election. Wednesday, the Federal Reserve holds forth on Interest Rates. After that jobs report, very few expect rate cuts. Thursday, britains general election. Boris johnson, thats britains donald trump, expected to beat socialist jeremy corbyn. And by sunday, we should find out if more tariffs are going to be imposed...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

2020 election. There is agreement on Government Spending. That takes the threat of a Government Shutdown off the table, at least in the short term. One more, and i consider this a plus. Chairman nadler suddenly called off the Impeachment Vote last night. No reason given. Debate resumes at 10 00 eastern this morning. Perhaps he wasnt sure the vote would go his way. Perhaps he wanted more tv time. Impeachment has become a democrat mess. Now look at this. A 220point gain for the dow yesterday and we saw an Early Morning rally today, faded only a little. The dow still on track for, what, 80, 90 po...

FBC Varney Company July 14, 2024 - Vimarsana News

FBC Varney Company July 14, 2024

The china trade fight is clearly escalated. The president s holding on to a very strong line. Any resolution, it seems to me, pushed down the road. More on that coming up. If you combine the jobs report with the china story, heres how the market opens today. I thought we would be down about 100 points but we are coming back. We are down about 20 points for the dow. That will be 29 minutes from now. Maybe the markets taken the Financial News to mean that the fed can lower rates in the future. 600 points down the last two days, down about nine at the open this morning. The s p down about four, n...

FBC Varney Company December 8, 2017 - Vimarsana News

FBC Varney Company December 8, 2017

Today. I lost count of number of record hit since trump took oval office. Got to mention bitcoin. Talk about volatility . Up and down thousands of dollars per hour, right now the price top of the screen in the middle, 15,575,000 per bitcoin. Got it. Politics, you will hear the words due process a lot. Two highprofile departures for alleged sexual misconduct. Trent franks, arizona republican, he asked two female staffers about being surrogate mothers. He is out. Harold ford, high level wall street guy. He denies harassing a woman but he has been fired. Well update the disasterous california fir...