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FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Significant rally, up eight at the opening bell, a gain of 55, urging the fed to cut rates. We wait to see when the fed is. Some money coming out of treasuries. I want to see it but cant, dont have it but it is up from the historic low of one. 03 , it is one. 12 as we speak. Politics. A mad scramble by the democrats to support joe biden and beat back the bernie challenge. Amy klobuchar and Pete Buttigieg throw their support to biden, beto reappears to back him up. This is desperation time. Today bernie is expected to win the california and texas primaries, all hands on deck for the moderates, ...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

To war. The nightmare stage of trumps rule is here, says michelle gold berg in the New York Times and paul krugman simply calls our president a bully. Democrats lining up to attack the president , Bernie Sanders says hes like putin. Assassinating dissonance. Meanwhile, theres real chaos, where hundreds of thousands on the streets for the funeral procession of Qassem Soleimani and then a stampede. Iranian state news media says more than 30 are dead. Overall this is a morning of confrontation, war talk threats and military preparations and as for the market, a shrug. Monday the dow made a 200poi...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Goldman sachs talking up a Strong Economy for 2020. Jpmorgan talking up another market rally next year. And our longterm guest is again talking about a market melt up. Look what we have right now. We will open the dow slightly lower, maybe 40 points down, but the s p is going to go up a fraction and the nasdaq is going to go up about a quarter of 1 percent. Now this, the down side of Americas Energy independence. We are producing so much oil and gas that chevron has had to write down its shale assets to the tune of 10 billion dollars. We are energy independent, that is good, and gas is cheap a...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Where might it be signed . How about london in early december, when President Trump attends a nato summit . Theres a lot of speculation that xi might be there. Well, that is magic to the market. Stocks are going up. Look at this. The dow industrials will be up well over 100 points, maybe 140 points. The s p 500 is going to be up about 10. Thats. 33 . The nasdaq will chime in with a 30point gain. That would be about. 33 or more. Here come more record highs. All right. Now, how is this for a headline . Turmoil at one of the most powerful companies in the world. Google. The board has opened an in...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Despite it all, were close to record highs. Free speech is in the news. Nba commissioner, he stood up to china. They wanted the Houston Rockets general manager fired after he tweeted support for the hong kong protesters. Adam silver told them were not going to do that. Free speech item number two. Facebooks Mark Zuckerberg, he says hes not going to Police Political speech, and hes not going to ban Donald Trumps tweets, as Kamala Harris demanded. Big deal. Big show. Youre going to hear what the president had to say at his big rally last night. The brits, well, theyre on the brink. The brexit vo...