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FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Economy some more and the dow will hit, wait for it, 32,000 this year. Thats optimism. Were at 29,000 right now. Then theres this, the New York Times issues its endorsement for the democrats nominee. The times is the bible of the Democrat Party and they split their decision. Theyve endorsed Amy Klobuchar and Elizabeth Warren. This is fascinating. Not biden, not bernie, not the former mayor of new york, bloomberg, no, left and far left is the times choice. Later today, the president flies off to the global elite get together known as davos. Picture this, please, the president fresh off trade wi...

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

The senate. She says she doubts there will be a fair trial, as if the hearings in the house were fair. Senate leader mcconnell speaks to this at 9 30 eastern this morning. Speaker pelosi holds a News Conference at 10 45. Now, the markets, thats already passed judgment. Impeachment is of no consequence to investors. Its irrelevant. Maybe they actually believe it helps the president in the 2020 election. Look at this. The day after the Impeachment Vote, the dow is going to go up just a fraction at the opening bell, and down a fraction on the s p, down a fraction on the nasdaq. In other words, no...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Thats likely to be down about. 33 . Lets see how they close. Lets get to hong kong because today, we see chinas clout. The general manager for the Houston Rockets, basketball team, tweeted support for hong kong. Beijing immediately objected very strongly. The tweet was immediately withdrawn. Lots of criticism for the nba this morning. They caved to the communists, to preserve basketballs appeal in china. Hong kong itself, im going to say its virtually shut down as violent protests returned over the weekend. Next case, what have we got for you . Joe biden. He says he will beat the president lik...

FBC Varney Company July 14, 2024 - Vimarsana News

FBC Varney Company July 14, 2024

Open up higher, just a little higher, and yes, we are still very close to record highs. The dow is going to be up maybe 15, 20 points. Very small gain for the s p, 11 points up for the nasdaq, but up is the operative word of the day. Now look at this. Street battles in hong kong. That is the right word to use. Water cannon was in use, police pointed their guns. There is a report of a shot fired in the air. Chinas leader has a growing problem in his own backyard. Tomorrows october 1st. Chinas big day. The last thing xi jinping wants is more violence in the form of british colony. Big protests a...