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FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

On fox business. He will be talking about the jobs numbers, about the stimulus plan, if we will get one or if the president will have to pull the levers himself without congress. 30 minutes from now, larry kudlow. Well also ask about President Trump issuing those executive orders banning u. S. Transactions with wechat and tiktok. Shares of tencent, lets see, tencent is down about 6 right now. Well see how things are going. Futures, by the way, are down about 73 points. They had bumped up into the green from triple digit losses earlier when we got the jobs report, but they have settled down a l...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Discussing just that, an early return to work. 9 40 eastern time today on this program. There is outrage at Speaker Pelosi loading up the stimulus package with a host of items unrelated to supporting workers and industries. For example, canceling post office debt, the return of obama phones, same day voter registration, 35 million for the Kennedy Center for performing arts. What has all that got to do with getting money to people who have just lost their jobs, millions of workers thrown out of a job. However, treasury secretary mnuchin and senator schumer did meet last night, and they suggeste...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Stocks will surge when this is over. Now look at this. An overnight tweet from the president. Quote, the United States will be powerfully supporting those Industries Like airlines and others that are particularly affected by the chinese virus. Big bucks coming. The president is clearly on board with the rescue plans that deliver trillions of dollars to industries and individuals. Who gets help and how its delivered, thats going to be hotly debated but there is a new sense of urgency to push that money out there. Here are the latest virus developments. Todays primary in ohio has been canceled b...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

All across the east. Not much of a bounce back as of right now. Lets bring you up to speed on the flight to safety, gold has retreated to the tune of 23 an ounce now are well shy of 1700. But the yield on the ten year treasury, that remains stubbornly near its lows. That indicates the move into safe u. S. Bonds remain intact, 136 on the tenure right now. Move on to politics, the democrats debate tonight right before 7 00 p. M. , at the South Carolina primary, Bernie Sanders will be attacked. Especially after he doubled down on his admiration for fidel castro. Also crunch time for Mike Bloomber...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

287 points. Tracing half of yesterdays loss. The Oil Price Crash is a problem yesterday, still his. Bankruptcies and layoffs are a near certainty in the oil patch, drillers can to make money, cant service their debt with oil in the 30 barrel range. Russia wants to meet with opec soon, to see if the price war can be resolved. Oil is back to 34 a barrel as we speak. The anxiety indicator, the 10 year treasury yields 0. 6 almost double what it yielded at the low yesterday which was 0. 31 . Big day in politics, primaries in 6 states. Im calling it bernies last stand. He needs to win big especially...