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FOXNEWS Cavuto Live June 4, 2024 15:39:00

Why? i think the market is trying to convince itself no matter what the fed says they do not know what they are talking about and they are going to end up cutting rates in the second half of the year. the market is a discounting mechanism it s looking three four months but i m still confused on why anyone thanks the fed is going to need to stimulate the economy with jobs being where they are such a strong jobs market unemployment being 3.4% in wages continuing to fail far below raising inflation very think the market is ahead of itself i m not saying i m a long term i think the markets getting a little ahead of itself in terms of forecasting and predicting the fed is absolutely going to cut rates and that s going to force the market higher produce on the nasdaq 16% suffer a to date on that speculation. of worrisome news of their own we can get into that another ....

Jobs Market Unemployment , 3 4 ,

CNN CNN This Morning June 4, 2024 11:03:00

Dead. athena jones is live in boston where it is insane i had cold right now. well, good morning, poppy. it s cold. it s a few degrees below freezing. but i would say it s not insanely cold yet. i m pretty comfortable. i m not from the north. but it s going to get much, much worse as you have been forecasting. really all told, we re talking about 15 million people across a wide portion of the northeast visibly everything from if northeastern pennsylvania, new york state, and everything north under a wind chill warning or alerts of some sort. this wind this temperature is going to steadily drop over the course of the day into tomorrow. as you mentioned, we could see wind chills as low as 21 degrees in boston. 27 on saturday. so that is why officials are taking all sorts pof precaution. schools are closed. there are going to be warming ....

Athena Jones , New York State , Northeastern Pennsylvania , 15 Million , Wind Chills , Wind Chill Warning , Warming Centers , Pof Precaution ,

February snow survey reveals storms doubled California's snowpack

Scientists with California's Department of Water Resources say that period of active weather was "exactly what the state needed to start to break away from years of drought." ....

United States , Central Valley , Lake Oroville , Karla Nemeth , Andrew Schwartz , California Department Of Water Resources , Central Sierra Snow Lab , Water Resources , Survey Manager Sean De Guzman , Phillips Station , Soda Springs , Sunday This , Lake Shasta , Nemeth Some , Airborne Snow Observatory , Forecasting Our Future , Snow Survey , Water Supply ,

BBCNEWS Outside Source June 4, 2024 19:04:00

Let s just touch on what the bank of england is forecasting for the uk economy this year. it says britain remains set for recession, but a much shallower one than previously feared. it sees the economy shrinking by 0.5% in 2023 as energy bills fall and price rises slow. that compares with the 1.5% contraction forecast in november. here s our economics correspondent andy verity on that. some critics might say, well, why are you raising interest rates, which makes life harderfor a lot of households and gives them less money to spend when we re already headed for recession? the answer to that is that they are worried that inflationary pressure, which had been imported so far from gas prices and the like is becoming embedded domestically, in, for example, the price of services, which has gone up by more than they expected. so they are worried that wage rises are reflecting expectations that inflation will stay high and that could become a bit of of a self fulfilling prophecy. in an ....

Bank Of England , Uk S , Energy Bills , 0 5 , 1 5 , Interest Rates , Andy Verity , Contraction Forecast , Life Harderfor , Gas Prices , Wage Rises , Andrew Bailey ,

BBCNEWS Outside Source June 4, 2024 20:20:00

Misjudged decisions by the conservative party just last year. let s just touch on what the bank of england is forecasting for the uk economy this year. it says britain remains set for recession, but a much shallower one than previously feared. it sees the economy shrinking by 0.5% in 2023, as energy bills fall and price rises slow. that compares with the 1.5% contraction forecast in november. in an interview with the bbc, andrew bailey admitted that it s some critics might say, well, why are you raising interest rates, which makes life harderfor a lot of households and gives them less money to spend when we re already headed for recession? the answer to that is that they are worried that inflationary pressure, which had been imported so far from gas prices and the like is becoming embedded domestically, in, for example, the price of services, which has gone up by more than they expected. ....

Bank Of England , Uk S , Conservative Party , Energy Bills , Contraction Forecast , 1 5 , 0 5 , Interest Rates , Life Harderfor , Andrew Bailey , Gas Prices ,