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BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

Coming up, cpi topping estimates for the third month in a row. Markets and the fed rethink geopolitical tensions complicate the direction for treasuries. We start with the feds inflation problem. The sound was the door slamming on the june rate cuts. Inflation. There is more inflation that people would like. Too much for the fed. It really complicates things for the fed. A very stubborn situation. No one is expecting june. Still holding onto the june call. It is a close call. You will have some rate cuts but it will not be what people expected. A rate cut in june seems to me would be a dangero...

BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

Bloomberg surveillance. Manus is in the hot seat. We have cpi, ppi coming up next on the late. Because Bank Earnings we have Bank Earnings. Manus when the call ended at this morning to join surveillance, what a moment. No guidance is going to be revised higher because we are in a higher for longer weight. But going to jamie dimon says come he is not completely sure. 70 to 80 chance the market thinks there is a soft landing and i think the odds are lower. What is the rhetoric and guidance . Lisa that is what people are going to be watching for. We are expected to get jp morgan, wells fargo come...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Because the odds for a june fed rate policy pivot, well, theyre going it was just it was ridiculous. It was always going to be hot. Yeah, yeah. No. Plus, big tech divergence, alphabet, amazon at highs, jim, but apple and tesla, i dont know if you noticed, theyve been struggling a bit. Nvidia, were going to talk about that stock, of course. How could we not . Its entering a correction. Well, if you dont know what it is or if you think its my dog, then why dont you sell some. Finally, jim, the airlines are leading s p premarket gainers. Delta topping quarterly estimates. Its focused on efficienc...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Gold prices is up 1. 3 . It is currently 2,382. If you are watching bitcoin, it is pulling back a bit. Yesterday, bitcoin was above 72,000. It is 70,452 right now. Oil prices have been picking up steam as well. In the nmeantime, we talk about a. I. Every 20 minutes on this show . More frequently. It could be a drinking game. We will continue the game in a different way. Elon musk speaking out on x saying his guess is we will have a. I. That is smarter than any one human, probably, by the end of next year. He said within the next five years, the capabilities of a. I. Will exceed that of all hum...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Treasury secretary yellen is not ruling out the possibility of new tariffs on china. Janet yellen wraps up her visit. Its beneficial and desirable and it needs to be on the level Playing Field. And in the number of ways we feel its not. Jamie dimons warnings for investors. Higher rates, and the profound implications of a. I. We begin with news vonding a major supplier to nvidia. The white house announcing 6. 6 billion for the companys arizona plants. Under the commitment, tsmc is committed to adding a third complex. Jim, were talking some 20,000 construction jobs, theres money in here for work...