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FBC Varney Company July 14, 2024 - Vimarsana News

FBC Varney Company July 14, 2024

The nasdaq up better than 1 . Thats a rally. By the way, the yield curve is not inverted. Treasury rates are now firmly above their lows of the last two weeks. Got a question for you. Why would apple, with over 200 billion in cash, borrow even more money . They are jumping on the cheap money band wagon, issuing bonds along with cocacola, disney, deere and a host of other Blue Chip Companies. They are making hay while cheap money flows. And they will pull in money from overseas, too. Over here, corporations pay interest. Over there, not so much. In a moment, you are going to see the extent of t...

FBC Varney Company July 14, 2024 - Vimarsana News

FBC Varney Company July 14, 2024

Stocks went up 225 billion. Were up 10. 1 trillion since the election of donald trump. This monday morning, the dows going to be up about 50, modest gain for the s p, but look at that nasdaq. Up about onethird of 1 , 24 points up. Big tech looks like its rallying today. Earnings season has begun. Good numbers from citi this morning. Its goldman tomorrow, ibm wednesday, microsoft thursday. How about this from peter teal. Google, he says, is treasonous, his word. He asks three questions. Has googles Artificial Intelligence project been infiltrated by foreign secret agents . Does googles leadersh...

FBC Varney Company July 14, 2024 - Vimarsana News

FBC Varney Company July 14, 2024

There. Then we have Climate Change, oh, it will be front and center later today, alexandria ocasiocortez and Bernie Sanders will introduce a resolution declaring a Climate Emergency, they demand a large scale mobilization to restore the climate for future generations. No details yet and we dont know how different this will be from the original Green New Deal, but its sure to be a radical plan which will move the democrats even further to the left, and it will put Climate Policy right into the debates and the 2020 election. Its really great to be back. My thanks to david and ashley, really its ...

FBC Varney Company July 14, 2024 - Vimarsana News

FBC Varney Company July 14, 2024

Vietnam and other places that take advantage of us, and well start working on that, too, by the way, but i dont want to do too many at one time. Chinas fine. We did mexico and canada. We have to get that approved by nancy pelosi maria you expect to get that done this year, mr. President . I hope we do. The deal is done, its sitting in congress. Its up to nancy pelosi to put it there. I would kalcall it, i told her other day get it done because we will call it a bipartisan deal. If they want to make a couple minor changes, we can make some changes. Its a great deal. Maria we got to jump because...

FBC Varney Company July 14, 2024 - Vimarsana News

FBC Varney Company July 14, 2024

Cash is pouring into this country from all over the world. Its pouring into american treasuries, its pouring into our stock market, safety and growth, thats what we are offering, thats what you are getting. Look what its doing. Its pushing Interest Rates all the way down, 2. 03 on the tenyear treasury. By the way, its so bad in europe now that when you lend to the government there, you dont get it all back. You lend them a million, they will keep 3,000. No wonder its coming over here. Then we have facebook. Looks like the stock of the day. Today they introduce libra, a new Digital Currency. Th...