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BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

Not yet off the table. Meanwhile, the Treasury Curve flattens positivity. In fact, a real pullback, a real hesitation to dive into riskier euro stoxx 50 futures down about 7 10 of 1 . Ftse 100 futures right on their tail, down about 4 10 of 1 as well. This really signals this idea that, look, you do not want to be holding risk right now regardless of what part of the world youre on. Even if the United States often serves as a defensive bid today, it absolutely is not. You are seeing underperformance there. Nasdaq 100 futures down about 3 10 of 1 . That dynamic where youre seeing this kind of b...

BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

Interest rate is still 3. 6 . Nymex crude is coming back up it is so lower than it was in from tension in the middle east to 88. 33. 2020. There is some dispersion. Some people are struggling and when you get higher yields and a stronger dollar and more there is a big increase in consumer debt. Expensive crude oil, that is difficult for equities. Consumer debt and Credit Card Debt is actually only 1 12th the as a result, we see the selloff. In the middle east, there stock of mortgages. Remains very high tension. The household sector was performing well and there was an the World Leaders we hav...

CNBC Fast July 3, 2024 - Vimarsana News

CNBC Fast July 3, 2024

Jonathan krinsky, the path of least resistance, new highs. Are you on that page, too . Im on that page for now for sure after powells dovish comments, and i said this last week or the week before, after the market sold off a little bit, whats going on here . He put a flurry into the market and said no more rate increases. So if you were worried about that, thats off the table now what was jomo turned into fomo the joy of missing out as the market was declining has turned into the fear of missing out genl thats the narrative thats been constant for the last year, i think it is, and im the longe...

CNBC Fast July 3, 2024 - Vimarsana News

CNBC Fast July 3, 2024

Win streak. If youre bullish on the economy, think were going to have a soft landing, small caps, nice boost today. Oil stabilizing. That is the big story today. Pick yours, josh brown. I think yields and i think the steepening in the bond market. I think you nailed it, judge. Yields down for every duration and in the belly of the curve is where you find them the most, the five year, the seven year both down 14 basis points to 4. 6 and 4. 65 respectively. Think about all the steepening weve seen in that inverted yield curve. The ten year, twoyear spread is now 30 basis points. Its the steepest...

CNBC Fast July 3, 2024 - Vimarsana News

CNBC Fast July 3, 2024

Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight steve grasso, karen finerfinerm dan nathan, and guy adami. The dow was nearly 900 points higher. And look at treasuries. The bond market was closed yesterday, but yields on the tenyear dropped 16 basis points today, its biggest pullback since march. The moves coming amid some more dovish talk out of the fed today. Atlanta fed president Rafael Bostic adding to the chorus of officials like lorie logan and Phillip Jefferson suggesting the central bank may be done raising rates. Retail to builders to even the recen...