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FBC Varney July 3, 2024 - Vimarsana News

FBC Varney July 3, 2024

And it sure is. Microsoft and googles bets on a. I. Are paying off and boosting their bottom lines. Were all over that. We we got request some key data on inflation this morning. Cpe, or the core personal consumption expenditures price index, its jar done jargon, it just means inflation without food and energy, its coming in hotter than expected yearoveryear. Futures now leveling out. The dow and s p 500 and nasdaq, were taking a look at a them, they were much higher. Theyve come down but theyre still in the green. Lets check Interest Rates. The 10year just above 4. 6, 4. 66. Right now its dow...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Boost from its Growth Strategy this is elon musk on last nights call weve updated the vehicle lineup we expect it to be more like the early 2025 if not late this year these new vehicles, including more affordable models, will use aspects of the next generation platform as well as aspects of our current platforms and will able to produce on the same manufacturing lines as our current vehicle lineup its not contingent upon any new factory or massive new production line. Bespoke says it looks like this will be the best earnings reaction since 2020. You do have some upgrades you have a very nice b...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Whats happening with treasury yields a tz you know, the trend has been higher and that continues this morning the 10year is at 4. 63 the 2year while its in the green, its a little bit below where we were yesterday, 4. 94. Still below 5 well take a quick look at Oil Prices Data showing a drop in crude stocks, a positive sign for demand yesterday oil prices were higher, this morning giving back just about 39d . But wti is just below 30 a barrel. Meantime protests arrive ingn campus speaker johnson speaks about it. Meantime late last night columbias president providing an update, saying the schoo...

CNBC Mad July 3, 2024 - Vimarsana News

CNBC Mad July 3, 2024

Market is so ugly that you just want to get out now. I cant endorse that here. Up. 20 . Id be lying if i told you i feel great about this market. Especially, the forecast. Ever going to get those. Lets start with what i think is the real elephant in the room. Lets talk about the bond market. At its power bleeds into the stock market every day, and has been a bleeding in a bad way. How does it do that . When the government sells bills, notes, and bonds to pay for the deficit it weighs on everything. Considering the gigantic sideshow that could hurt your portfolio. You got to use 44 billion, sev...

CNBC Mad July 3, 2024 - Vimarsana News

CNBC Mad July 3, 2024

Cramer. Suddenly we have brown chutes everywhere and that is a good thing. Remember we are on the lookout for a slowdown that would justify the defensive position that we dont need any more rate hikes. When we get brown shoots, the opposite of green shoots, wall street laps it up. The fed might win the fight against inflation. Thats what the dow gave and that nasdaq pole voted 1. 9 . That was easy. Its been hard to parse this economy. The numbers on march 8th for so steaming hot that it felt like the fed was blindsided because they been talk about multiple rate cuts this year. And you dont do ...