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FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Ive got another one for you. 25 million of us were indeed out and about over the last two weeks and that is a big increase. Its not back to normal but we are coming out of the total lockdown. Dead on arrival. Thats the speakers 3 trillion spending plan. It would have encouraged staying at home. It would have bailed out the Postal Service. It would not have provided any Liability Protection for businesses. It was a votebuying scheme. Thats my opinion. Thank heaven its dead. Now this. Fed chair powell is speaking right now. This is the man who is in charge of printing money so whatever he says i...

BLOOMBERG Bloomberg Surveillance July 13, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 13, 2024

Speak in some form of the w. H. O. Conference. Theidea of recovery in united states, all of Global Finance transfixed the chairmans comments last night on 60 minutes. Francine 100 . The chairman is talking about the virus, so we will have a look at this second wave of infection and what it will look like. Lets get to first reduce with ritika gupta. Ritika good morning, francine, tom. Jerome powell says the u. S. Recovery could drag through 2021. Powell told the cbs news program 60 minutes the economy will recover steadily through the second half of this year, but he said a full recovery depend...

RT Boom Bust July 13, 2024 - Vimarsana News

RT Boom Bust July 13, 2024

The Global Pandemic surpassed 5000000 new cases as a lot in america surpassed several countries in europe cases in brazil are still surging the country recorded nearly 20000 new cases its biggest single day spike it could soon have the 2nd highest number of cases in the world its thursday and unemployment numbers are in from last week and still on the rise will nearly all 50 states have at least partially reopen and still 2400000 more americans filed for unemployment just last week that brings the 9 week total jobless claims to more than 38000000. 00 analysts are even expecting even worse numb...

CNBC Power Lunch July 13, 2024 - Vimarsana News

CNBC Power Lunch July 13, 2024

Lets go to bob. Hello there are a number of reasons we keep rallying. The bottom line is for the moment generally the market is choosing to see the Glass Half Full whats the Glass Half Full a number of data points. We did have better than expected china export data. Thats pretty good news overall. Were in range bound territory but the trend is slowly on the upside moving to the upside. Lets review the data. Thats a data point we had generally were seeing reopening hopes. Were also seeing a mass i fiscal monetary stimulus most people believe the fed is real the fed put is real and hopes for imp...

CNBC Power Lunch July 13, 2024 - Vimarsana News

CNBC Power Lunch July 13, 2024

Thats unbelievable. Bob has more on whats driving the action bob. Thank you were seeing some rotation today. Its about time and thats a really good sign for the market. Well see if that holds. These things come and day. The banks have been drooping a bit. Nn energy, first rally really in a month. Tech is sort of inline today thats interesting i want to show you something health care is lagging nap was the Leadership Group this the the rotation im talking about. How about tech tech is up its an interesting form of tech its Old School Tech hewlettpackard is up nice today. Xerox is rallying. Corn...