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FBC Varney Company July 14, 2024

Is quote, possible. China says it is willing to resolve the dispute through calm negotiations. All sounds fairly promising and the market likes it. The dow industrials, huge drop friday, back up maybe 200 points this morning. S p, same story, down friday, back up 18 today, about. 66 . The nasdaq looks like its going up. 75 at the opening bell. Caution. Mr. Trump holds a News Conference which is scheduled for 9 30 eastern time, just as the market opens. We just got word, however, that the president is running a little late. Be advised. It is likely to be a headlinedriven market all over again. Ive got to tell you this. Money is still flowing here. The yield on the tenyear treasury at 1. 53 . It was 1. 44 earlier. The yield on the threeyear treasury 2. 02 . It was 1. 95 earlier. The story here is not this inversion of the yield curve. It is the flight to safety, the safety that america offers. This is going to be a dramatic day for ....

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FBC Varney Company July 14, 2024

Bidens age. Senator warren punted when confronted with middle class tax hikes to pay for medicare for all. Bernie sanders, same old, same old. Nothing new. Hes still humorless and very angry. Senator harris failed to break through. She accused the president of sowing hate. Beto orourke came out in favor of gun confiscation. He received cheers for that. If there was a breakthrough, it was andrew yang. He would select ten families and give them 1,000 bucks a month for a year. He calls it a freedom dividend. Lara trump will join us. Shes going to respond to the democrats calling the president racist and a white supremacist. Now look at this. Another rally and its likely going to take stock prices to new alltime highs. Probably today. Two items helping the market. President trump talks about china trade and seems to suggest that an interim small scale deal is possible. And this morning, china says its not going to put new tariffs on american soybeans and pork. That does sound positive. The ....

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FBC Varney Company July 14, 2024

So you only pay for what you need. Thats whats happening. We should also tell you about its a different kind of Wireless Network hong kong, which is also affecting the trade fight. Designed to save you money. Save up to 400 a year on your wireless bill. Saturday, widespread violence, police used a new weapon, blue plus get 250 back when you buy a new samsung note. Dye, to identify protesters click, call or visit a store today. Along with tear gas from the riot police and burning barricades from the demonstrators. Ominously, chinas state media today says the end is coming. We dont know how beijing will end it but that is ominous indeed. Then theres dorian. Devastating the bahamas, hovering, barely moving and its future track uncertain. That makes it very tough for the authorities trying to get a handle on evacuations. Bottom line, dorian will be a threat for much of this week. We are going to show you how and where its now hittin ....

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FBC Varney Company July 14, 2024

Same with the nasdaq up about 60 points. Close to 1 . Here is the big stock news of the day. To stand out retailers. Target and lows. Both did very well in the profit report earlier this morning and consumers have money to spend and their spending it. It is the giant retailers who are responding best to Amazon Online challenge. Look at the two stocks go. 70 up for target and 12 for lowes. That is valid. This is not a race, i will ask you anyway. How much do you have in your 401k or you are away . I hope youre one of the hundreds of thousands of people who have at least a million. According to fidelity, 196,000 have 1 million bucks in the 401k and 179,000 have a million in their ira. Those are Record Numbers. The u. S. Drone has been shot down over yemen, it was an in queue nine drone otherwise known as you reset. It is been a long time since this kind of incident and that is tr ....

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FBC Varney Company July 14, 2024

Extraordinary development. The former new york fed president says the Federal Reserve should not quote, bail out an administration that keeps making bad choices on trade policy. Hes gone political. Dont lower rates to help trumps reelection . An antitrump guy urging the fed to work against President Trump . You got to sthak yohake your he that one. Unfortunately, thats what most financial people are saying today. Hes wrong. Now the market. Even with a sharp yield curve inversion, stocks show a small loss. Down 40 points. Remember two weeks ago, when the inversion appeared, the dow dropped 8800 points in one day. Now the market shrugs. The dow is going to be off 40, s p maybe four, nasdaq down 17. Marginal fractional losses. Weve got a lot more for you. Boris asks the queen to suspend parliament. And a new poll, how is joe biden doing now . Varney company is about to begin. ....

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