800743cnbc or jimcramer i love billy paul, but only the strong survive is the wrong anthem for age of covid19, but i do think thats where were headed and even after a good day like this one, and the s p climbed 1. 91 s and thing is the average is dominated by the fittest stocks and the ones with the strongest Balance Sheets and they will do so where most commerce when most commerce is on hiatus, and theyll still be there, but other companies lesser known, but still in the s p 500 need credit to make it through, not because theyre reckless and poorly managed, but because its impossible to plan for this economic catastrophe and including, of course, all of the small and midsized businesses that are not even public im worried that theyre doomed. Doomed ive said endlessly that we dont trade in nail salons and gyms although we do have Planet Fitness on the show later tent, and there are plenty companies that i supply midsized businesses and more important if we keep seeing jobless numbers a
[bombs exploding]. To the war in the middle eas as expended. Israel is no longer just fighting a Battle In The South against hamas, a second front i opening in the north. Hezbollah in lebanon is intensifying their campaign. E their goal Scimmers Thomas this made israel with rockets and mortars. [rapid gunfire] [bombs] [people shouting]. Israel just any casualties already this weekend from the iranian backed hezbollah forces. Israeli Military Bases are unde assault. Hezbollah snipers also neutralizing israeli Surveillance Cameras on the border in creating blind spots. Appearing to gear up for a full on invasion. And israel is responding, evacuating towns and villages near the border. And proactively striking hezbollahs installations. [explosions. Israels promised to destroy hezbollah if they formally ente the war. Service for israel israel. If hezbollah fully engages israels northern flanks, they would be forced to divert resources from the south, reaching their ground action in gaza, a
Would have sold immediately and you wouldve been entirely wrong. Thats because metas billionaire rival reported two of the best quarters ive ever seen in ages. Bedding like mad on Artificial Intelligence and the cloud and search just like meta but theres enough business for all of them. Throw in some tepid inflation data that helps with the rate cut and the market just roared. The dow gained 155 points. S p jumped 1. 02 and the nasdaq searching 2. 03 . I like that. This was a good set up. May be one of the toughest weeks we have seen in ages. That is because it is loaded with earnings and we have a fed meeting and a report on friday. Im already exhausted next week. Lets take the week. Starting with sunday night. I dont usually do this but Bill Whitaker from 60 minutes interviews jensen long, the ceo of nvidia. Normally we dont care about that but i bet it could have impact on the stock. So many people are invested in nvidia. I say maybe be prepared for a monday bump from 60 minutes. Mo
Airbus of the a3 80 questions the future of the jumbo pending helps of survival on the emirates. I am yousef gamal eldin. The u. S. Bond market coming back online. To asian equity session off a strong start, although a mixed action or. On thebal market bloomberg, the hang seng up 1. 3 , some weakness with the aussie stocks. A bhp ratingsnd cut weighing heavily. Broader session dominated by Consumer Staples and Technology Sectors offsetting a decline in materials. Fluctuating, the dollaryen one of the major moves in the key currency pairs. , down. 4 . E speak relative stability in the u. S. Dollar for the moment. ,t is hitting the base metals aluminum down 2. 2 . Also sink down. 8 . And i will the board show you what is happening with brent crude. Currently down. Wti stronger, a diverging richer on that front. The u. S. Tenure currently unchanged. We have the eurodollar story. We will get into that shortly. S p 500 futures higher. We do have citigroup expected to post fourthquarter resu
Criticism or in praise. But to undermine the independence and the credibility of the Federal Reserve is a very dangerous action that may be very difficult to undo once it is out there. And i dont believe these are just abtract discussions of the potential for undermining the credibility of a central bank will have a direct impact on the economy and ultimately on our constituents back home. And i believe that members of congress have the added responsibility as elected officials to uphold these important norms that have guided our country for decades. With that i would urge my fellow policymakers here in both the legislative and executive branches to exercise caution and prudence when it comes to these types of krit sicriticisms. Turning to a question, attorney yell yellen, i believe one of the most critical challenges we face in our Banking System today is cybersecurity. We face tremendous threats every single day as i know you are well aware. The warning signs are very evident. One ex