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FBC Mornings July 4, 2024 - Vimarsana News

FBC Mornings July 4, 2024

About 200, nasdaq down 76 and s p 500 lower right now by 24. One of the issues is some weak earnings or forecasts. Ups for example beat on Second Quarter earnings but missed on revenue. The shipping company lowered the annual revenue forecast on soft ecommerce demand and reaching a labor deal with the Teamsters Union for 300,000 employees, Trucking Company yellow also filing for chapter 11 bankruptcy after years of financial struggles, growing debt. The Company Nearly 100 years old, had received more than 700 million from the Federal Reserve in aid during the pandemic. Greg, what do you think ...

FBC Mornings July 4, 2024 - Vimarsana News

FBC Mornings July 4, 2024

Connections between joe biden, and Hunter Bidens business deals, are in hunters long time Business Partner er ifshg schwerin visiting Obama White House joe bidens violental residence at least 36 times, between 2009 and 2016 that today is obviously a lot more than anybody thought, the president of the Government Accountability Institute Peter schweizer joined me on sunday morning futures said schwerin was in control of bidens money he is going to inform the Judiciary Committee, when he speaks, watch this. I would have next shoe that may drop, is there is another individual involved with the hun...

FBC Mornings July 4, 2024 - Vimarsana News

FBC Mornings July 4, 2024

More focused on it than the fed is because the fed basically sort of ignores cpi because they prefer ppi to cpi. Sorry to go word salad after talking about kamala harris. But the fact of the matter is that the most important number to me right now is 85 and thats how much a barrel of oil is right now. Which means that were probably headed to 100, more than were heading back to 70 and 70 is the breakeven point where the spr was going to be refilled. I think right now oil prices are going to be the leading driver and then if you look at last fridays jobs report, you notice that 4. 4 was the year...

FBC Mornings July 4, 2024 - Vimarsana News

FBC Mornings July 4, 2024

And with Second Quarter earnings season slowing down a little, were going to discuss why some analysts think this was one of the worst quarters for companies in years. Take a look at the european markets, they are trading lower across the board this morning, see the decline on the dax, down 57 points. In asia overnight, a little bit of a similar picture, markets were mostly lower with the exception of the nikkei, faxal moves there. President trump calling for the recusal of the judge in his election case as he asks for the trial to be moved to west virginia. Hear what state attorney general Pa...

FBC Cavuto July 4, 2024 - Vimarsana News

FBC Cavuto July 4, 2024

Neil Jerome Powell is not saying anything to rattle investors, the selloff that we had, and particularly platforms on a record high. Nvidia has another record high. And terry weisberg. One minute in the market. A big reversal from yesterday. The message coming from powell and his testimony, is market friendly. With the fed it is always fed speak, you have to read between the lines. A little good news and a little bit of cautious news. Clearly the message is it is positive. Some rate cuts are on the table. Hes talking about rate cuts towards the summer. That is what the market wants to hear, no...