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CNBC Squawk Box July 12, 2024

After yesterdays midsession rebound, the dow initially fell more than 750 points from the trading session before that striking turn around and finished higher more than 750 points s p 500 went from more than down 1,500 and nasdaq went to close up by 1. 4 these moves came after the fed said it would buy individual Corporate Bonds, not just the etf. President powell trading these today not only on what jay powell said but this idea that the administration will be looking for a 1 trillion package it just seems like the federal government is doing the best in their economy. S p indicated up by 41 and the nasdaq indicated up by 73. Looks like this morning, the 10year is yielding 7. 43 . Watching this stuff how it played out yesterday was kind of phenomenal i couldnt believe what we were watching at the close. It was quite unbelievable you are right houj part is the government stimulus unless that leaked out watching the market. It was ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Is slightly better than economists were expecting an better than the previous month. Leasing Property Investment looking better. Fixed assets investments, also a drop of 6. 3 . Aonomists were looking at drop of 6 , but the trend seems to be better than the previous month. I guess it continues to show that this could still be an uneven recovery we are seeing in china. Uneven recovery but a broadening of chinas recovery, as well. We heard new home prices, the most in six months. That is a good sign as the economy reopens. We are seeing how home prices in terms of growth has accelerated. Easing on credit, helping a lot. Just to recap, retail sales, 2. 8 . Retail sales, still contracting, retail sales have collapsed. Consumers are pretty cautious when it comes to coming back to spending. Beijing and other chinese cities are giving up consumption vouchers to its people. They encourage them to spend in the fiscal month of the year. ....

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BLOOMBERG Bloomberg Surveillance July 13, 2024

Equity prices higher, and the linkage to this economy and how bad it is has never been wider apart. Futures higher this morning. Interest rates are up as well. Lower at thelds front end, and a big bid for what is happening in germany. We will talk about that a little bit later in the program. Lisa, it is a rally across the continent and europe, too. Lisa particularly in italy, where you see yields come in further than in germany. Tomorrow, the European Commission will officially propose that 500 alien euro plan of a rescue financing. Very interesting to see what type of back and concessions have been put in there. Also, thursday, the National Peoples congress of china will be voting on that Controversial National security law for hong kong. Also on thursday, the initial u. S. Jobless claims. I am watching ....

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KGO ABC7 News 400PM July 12, 2024

Signs of gratitude and heartache line this street where Deputy Sergeant damon gutswiler lost his life and he was ambushed with gun fire and improvised explosive devices responding to a 911 call saturday afternoon. Its very important for his memory that we get this case right and we encourage anybody who saw something, who knows something, who may have been a victim of this guy to contact the District Attorneys tip line. Reporter the suspect, steven carillo, is an active duty u. S. Air force sergeant based at Travis Air Force base and had special teaming on a military police unit. Hes an angry man intent on bringing harm to police officers. He murdered sergeant gutswiler, injured another police officer, and hes going to be held accountable. Reporter today, sheriff jim hart praised the heroic actions after he tackled ....

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FBC Lou Dobbs Tonight July 12, 2024

Even saying we would lose 9 million jobs in may in the report which show us this, they forecast the Unemployment Rate to rise to a depressionera level of 20 . They could not have been more wrong. God help them, many seemed shaken to learn that once again the president who has withstood plots to destroy his candidacy to overthrow his presidency and then impeachment in the deadly contagion of the debt chinese virus that has staggered thise incredible economy in the worlds greatest nation. The Labor Department today reporting that employment stunningly rose by two and a halfmillion in may, the jobless rate instead of 20 declined 13. 3 . In those incredible positive numbers serving as a testament to the resiliency of the American Worker as well as the president s push to safely reopen the economy and the nation that ha ....

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