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Transcripts For CNBC Mad Money 20240713

Because the Senate Just Passed another 500 billion bailout. Bailout, lets say of the last bailout. As we quickly ran out of money thats why the dow surged 457 points s p soared 2. 29 nasdaq 2. 81 house of pleasure Payroll Protection Program was supposed to be for Small Business, right . In the end a ton of that money ended up going too big businesses, Public Companies that was a back rub and sing i feel like a chump. I guess i should be more cynical about politics, just trying to help Small Business. However, if you ask me, that wasnt really the big story of whats going on. See, theres something bubbling underneath right now under the surface. And if anything, it makes me want to be less cynic ....

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Transcripts For FBC Mornings 20240702

Had the greatest economy in history. Everybody was better off under a man named President Donald Trump. Have you heard of him. Did you see these people . They are physically fit, 19 to 25, almost everyone is a male and they look Like Fighting age. I think theyre building an arrest he my. There are 29,000 people over the last i think theyre building they want to get us from within. I think theyre building an army. They call it the biden migrant invasion and its wrong. Its immoral. The vast majority of new yorkers agree with me that this is unacceptable. Its unacceptable. I am here to declare we are going to turn new york city around we are going to turn it around very, very quickly. Cheryl the rally drawing in over 25,000 supporters including former democrats who say they are voting for trump. Watch this. Donald trump already showed me that he understands our problems, ....

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Transcripts For FBC Mornings 20240702

Bouncing back as you can see the dow 49 nasdaq of 39, s p by more than 11 worries over interestrate inflation sparking the selloff and adding to worry j. P. Morgan Ceo Jamie Dimon said the economy cannot rule out a hard landing, that cannot help things here is the close 605 points we lost on the Dow Jones Industrial loan, working to get the next read on First Quarter gdp next week ahead of the preferred reading on inflation april pce, that comes out next week as well, durable goods are coming out today 8 30 a. M. Eastern we will preview all of that, here are the estimates on your screen, take a look at europe on the heels of what we saw on this country all the way down acrosstheboard with the cac 40 and the dax into asia overnight you had read acrosstheboard taken for what happened last night in the
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Transcripts For FBC Mornings 20240702

Futures are mixed after nvidia reports a blowout quarter last night and take a look at the number down industrial 33, the nasdaq up 158 and nvidia reporting a 262 jump in revenue signaling the a. I. Boom has staying power all of this as inflation is persisting, the Federal Reserve minutes yesterday show fed officials anticipate newer rate cuts and higher for longer rates this year than previously expected, take a look at yields on the ten year, the yield pulling back on the tenure sitting at a level on the tenure of around 4. 4 , european markets are up, europe as well higher across the board in the eurozone and asia overnight the markets finish mostly lower, the nikkei in japan the nikkei average at one and a quarter percent. Back at home shocking emails exposed, revealing a vast effort to delete evidence about the origins of covid19, all leading back to doctor Anthony Fauci ....

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Transcripts For CNBC Squawk 20240702

Geopolitics and what is happening in gaza and israel and what is happening in ukraine and russia and the economy as so much more. We will bring you all of that conversation ahead over the next three hours. Well be showing you pieces of that interview all morning long. Andrew, your biggest take away the biggest thing you think will be most important for the markets or investors watching with us . You know, we got into the conversation which we will show you in the 7 00 hour with the euro it is likely the ecb will move ahead of the fed and that will weaken the euro. There are a lot of take aways how he is thinking about politics and we talk about the issues with china and we mentioned tiktok i mentioned that in new caldonia, where there are riots taking place, they shutdown tiktok he had pointed words with how the United States is thinking about china as an enemy or frenemy. There will be pieces of this that folks will be watching. T ....

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