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Transcripts For FBC After The Bell 20240713

Blake burman at the white house. Kristina partsinevelos is on the floor of the new york stock exchange. Phil flynn is watching the action in oil and ill be interested in gold there from the cme. Lets start with kristine in . What a day. The fact you see the dow close 1000. Off the session highs. I should say i was seeing negative 700 points. It was starting to get better. That is not the point. The s p worst performance over last week or so. Safe haven moving to gold as well as 10year government bond. So the government bonds though are telling us two different stories. The fact you have longer, broader term impacts with slower recovery around the globe. That is the story last week or so. You have a lot of investors were unsure how to price in the coronavirus. Because of that you saw further pressure on the yield to the lowest point weve seen since 2016. Another big issue is that gold climbing higher not since 2016. They have a large exposure to china. You had apple within the last week

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