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Transcripts For FBC Mornings 20240702

Well. I mean, if you want to give him a report card, a plus. I mean, hes commander in chief. Had. That never stops and the dus and responsibilities are literally global. Maria hes the the commander n chief who never stops moving, hes like the th the energizer. You want to give somebody an a a plus. On the economy, real clear politics average joe biden gets 37 approval. Foreign policy, 38 approval. Inflation, 32 approval. Crime, 36 approval. On ukraine, thats the high point, 42 approve. Overall direction of the country, 24 of people think its going in the right direction. That doesnt sound like straight as to me. John works for joe, he has to say jo joe is doing a great job. When i changed ds to bs on my report card, i went with something my father would believe. A plus . Maria always have the person who is grading you as someone who works for you. Yeah. And you determine that guys success in return are. The one thing i will say, we sort of talked about this earlier, but i think its imp ....

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Transcripts For CNBC Squawk 20240702

It ended up 34 points. Look at what is happening with the treasury market. This is the big story from yesterday. Huge swings where you saw the yields up significantly in the morning and drop Something Like 18 or 19 basis points. You see the tenyear yield below where we were this time yesterday. 4. 488. The twoyear yield at 5. 07 . Lets look at crude oil. Wti is up to 85. 93. Then we look at the crypto board. You b bitcoin is up this morning with the speculation it will be approved by the s. E. C. 17,000 is low. I remember it. I dont get the speculation. We talked to hester yesterday. I cant believe it hasnt happened. She also has been in favor. She seemed to suggest and i read her comments to mean these folks were not any more inclined to do it a week ago. I got her. If we did get that from her, it was like go figure. For some reason, they will not do it. It implied the logic. Sure. She has been in favor. If you have people who do ....

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Transcripts For FBC Mornings 20240703

That first time you take a step back. I made that. With your very own online store. I sold that. And you can manage it all in one place. I built this. And it was easy, with a partner that puts you first. Godaddy. Maria welcome back. Good tuesday morning, everybody. Thanks very much for being here. Im maria bartiromo. It is tuesday, october 24, 7 00 a. M. On the east coast. Rapper 50cent slamming President Biden over the weekend for taking another delaware Beach Vacation in the myof a war on israel. 50cent posted a screen shot of an article with the headline, biden hits the beach with middle east, congress in chaos, 50cent writes this, hey, joe, get the bleep up, were in trouble, man. Many americans are not impressed with the president s handling of the middle east conflict. Watch this. I give him a c. I think hes an ass. B plus. I give him an f. Like everything with
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Transcripts For FBC Mornings 20240703

Top stories, you 6 00 a. M. On the east coast. Today, tensions hitting new highs, 1400 israelis are dead, 4700 palestinians are dead as the war in israel enters day 17, hamas releasing two american hostages and they say theyll release two more but israel says the terrorist group is holding more people than previously thought. We understand you now it is 222 hostages. Meanwhile, Chinese State media says the Naval Command has been deployed to the middle east. As for President Biden, hes back on the beach, everything you need to know all morning long. Markets this morning are selling off this morning, take a look at futures, a triple digit decline ahead of a major week of earnings and economic data, dow jones down 211, nasdaq down 121, s p 500 lower by 30. We are waiting on the first read of
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Transcripts For CNBC Squawk 20240703

Yields have picked up. Tenyear yield above 5 . That is a significant level. We touched briefly above that for a nanosecond last week. Since then, you have to go back to 2007 when you have seen yields at these levels. 5. 012 for the tenyear yield. By the way, check out energy prices. You will see wti which is off 33 cents. 87. 76. We have merger monday as joe mentioned. Look at what is happening here. Chevron buying hess in the deal of 53 billion. 171 a share. That is a low premium over the Closing Price for hess on friday. Hess shares are up 2. 25 . Chevron down 2. 9 . This deal comes just weeks after exxonmobil made its move to buy pioneer natural resources. Both stocks on the move. Hess ceo john hess will join chevrons board. I just got off the phone with mike wirth. Very low primemium on this. This goes back long before the rumors came out about exxonmobil and pioneer. That deal went through last week. A lot of people thought af ....

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