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FBC Barrons Roundtable July 13, 2024 - Vimarsana News

FBC Barrons Roundtable July 13, 2024

On the barrons round table, ben leveson, jack howe. Ben, we saw stunningly horrible economic numbers last week, really unbelievable, but the market actually was higher on the week. What is happening . Yeah. I mean, this data was just terrible. Retail sale, industrial production, empire state manufacturing, you name it, it was probably the worst ever on record. Unemployment, the jobless claims continued to rise another 5 Million People lost their jobs. I mean, its just bad. But we knew it was going to be bad, and theres also two rays of hope out there. One was a new set of treatments that gilea...

BLOOMBERG Bloomberg Surveillance July 13, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 13, 2024

Good evening, everyone. This is bloomberg surveillance. I am Francine Lacqua working from home. The focus on the World Health Organization, also on the easing of lockdown and oil. After that historic agreement on sunday between opecplus, now also involving europe, we have report. They say the oil storage filling up demand is dropping. That exceeds opec cuts. They are expecting oil demand to fall by a record 9. 3 billion Barrels Per Day year on year in 2020. Brent extending declines. The concern that a lot of markets are pursue Market Participants had is that if opec is cutting production, it a...

CNBC Street Signs July 13, 2024 - Vimarsana News

CNBC Street Signs July 13, 2024

Underperforms. U. S. Energy tells cnbc he thinks the worst has passed i think with the rest of this conversation with opec was sim simply to do that. A bailout of the air sector fails to lift. Banks also underperform after jp morgan and wells fargo see their bottom lines hit the imf warns the Global Economy is facing the worst down turn saying at least the Financial System is in Better Health than it was in the 1930s. On the economic front, it makes a big difference there are lenders of last resort they are able to come in and show sufficient liquidity and play a major role in supporting funds...

FBC Maria Bartiromos Wall Street July 13, 2024 - Vimarsana News

FBC Maria Bartiromos Wall Street July 13, 2024

Marketsal rallied hard this week. After the fed came out with a stimulus plan to back up the government. The dow and nasdaq were up more than 10 for the week while the s p saw its best week since 1974. But are these bailouts enough to get the economy back up and running, and could a rocky earnings season spook investors . Joining me now to discuss this and more from santa fe, Thornburg Investment president and ceo jason brady. Jason, good to see you. Thanks for joining us. Its a real pleasure. Thanks for having me. David the administration is already looking ahead about how to fire up the econ...

BLOOMBERG Bloomberg Markets European Close July 13, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets European Close July 13, 2024

Vonnie the nasdaq its office lows. Is off its the s p 500 down 2. 5 . The worst performer right now is pvh, performing pretty poorly, down about 15 . Many of the Energy Companies are lower, as well. Y runhas been such a whipp for them. Netflix is the best performer today, holding onto games of 4 plus. After the dismal Economic Data which we were anticipating, but still a sticker shock, the 10 year yield is at 65 basis points. I want to point out, ray dalio said a moment to on Bloomberg Television you would be crazy to own bonds. Go back and have a look at that interview if you want to hear mor...