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Transcripts For CNBC Mad 20240703

When the Bottle Market is in charge he wont make much money in the stock market because bond owners are pessimist, real glass halfempty guys and the bond market is certainly in charge right now. Today we saw exactly how pessimistic they really are when they overlooked very Weak Consumer Confidence data and averted eyes from a chicago report 17 month low. Both signs that we are making progress in the fight against inflation. Instead, they focus on a slightly higher than expected employee wage figure. The results, bond yields moved up slightly and the stock market got annihilated. The dow tumbling 570 points. The s p punching 1. 57 and the nasdaq plummeting. April 2024 will go down as the worst month for the dow since september of 2022. Good riddance. Now, on the verge of a fed meeting tomorrow that will no doubt show that j powell wants to keep
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