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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

That, 10 00 eastern, nancy pelosi will try to upstage the president. He will hold a News Conference to announce who will manage the impeachment drive when the senate trial begins next week. There is some gamesmanship involved, the speakers announcement is time to upstage the big event of the day, the trade deal signing. Nancy pelosi wants to keep the focus on the president s troubles, not the president s triumph. The market opens half an hour from now, no fireworks expected, the Earnings Report from big banks largely solid, no big surprises. The dow is going to be down 70. The s p seven, nasda...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Growth. Late on the program, ill be asking larry kudlow why is this happening in a fullyemployed economy. Thats jobs and now the markets. Here it comes, 29,000, the dow may hit that mark today. Yes, the astonishing market rally has taken us up 11,000 points on the dow, since the election, of donald j. Trump and the value of American Business has gone up 12. 8 trillion since he was elected. A few minutes from now the market opens and well see the dow go up just a little bit more , maybe 20 points up, s p up maybe 6 and a 30 point gain for the nasdac composite. One more story and its dramatic sa...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

That statement. Iranian leaders, they have made statements. They have largely avoided the bellicose language we have seen in the past. Overnight, leader ali khamenei says it was a slap in the face to america. They say they do not seek escalation or war. Obvious question this morning, was the attack deliberately proportionate, a oneoff that makes a point but doesnt risk a devastating american response . Can the iranians risk taking action that results in allout war . Their economy is collapsing. They are out of cash. What will the president say this morning and how will he say it . Escalation ....

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...