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CNBC Mad Money July 14, 2024 - Vimarsana News

CNBC Mad Money July 14, 2024

Yet thats exactly what just happened with the dow slipping just 143 points. The nasdaq backsliding a meager 0. 28 . Even though the price of crude spiked more than 10 gigantic, gigantic gain. How the heck is that even possible how could we have so many stocks that rallied on the news simple were a changed country. We have so much oil in this country and we have a lot of stocks that now do better with Higher Oil Prices and as well we have a lot of stocks that thrive if higher oil causes the economy to slow. The United States of today looks a lot different from the United States of even ten year...

CNBC Mad Money July 14, 2024 - Vimarsana News

CNBC Mad Money July 14, 2024

After a fabulous day where the dow gained 240 points, s p advanced. 82 and nasdaq climbed. 90 i got to go there. I got to explain these universes. There is a universe with a booming economy then there is a universe with a faltering economy. One of them is a fantasy the other may be reality but occasionally they bleed into each other we can go everyone freaking out about a possible recession the market was down gigantically since then, though, we got a spade of incredibly positive earnings reports from a gigantic retailer like walmart, home depot, and now target and lowes so which universe is r...

CSPAN2 House Oversight Hearing On Facial Recognition Technology July 14, 2024 - Vimarsana News

CSPAN2 House Oversight Hearing On Facial Recognition Technology July 14, 2024

Five minutes to make an opening statement. Today the committee is holding our second hearing on the use of racial facial Recognition Technology. We will be examining the use of this technology by Law Enforcement agencies across the federal government. We had a broad survey of full range of issues, raised by technology. We heard from a number of experts about the benefits and the dangers of this technology across government and the entire private sector. Stark conclusion after our last hearing was that this technology is evolving extremely rapidly, without any really safeguards, whether were ta...

CNBC Mad Money July 14, 2024 - Vimarsana News

CNBC Mad Money July 14, 2024

Else is worrying about the flip side of this is also true, there is no point in getting excited about something that everybody else is eagerly anticipating why . Because when the vast majority of investors agree something will happen, that tends to be priced into the stock market the real economy moves at its pace, you got to borrow money to build that equipment and use that to manufacture goods and transport them to retail outlets and wait for the customer to come along and buy them. The stock market has no such limitations. Stocks dont travel at the speed of light well, how about the speed o...

CNBC Squawk Box July 14, 2024 - Vimarsana News

CNBC Squawk Box July 14, 2024

Moment right now the dow is down by 33 points take a look at what happened to equity markets overnight in asia youll see that the nikkei was flat the hang seng was down by. 8 and the shanghai composite up by. 1 in europe theres active trading taking place in the markets. Youll see its a little bit of a mixed picture. Three major averages are weaker with the ftse down by. 5 . Italy and spain are seeing stocks higher and then finally check out the treasury market here in the United States. This has been the thing we started watching so closely yesterday. You did see an inversion of the yield cur...