Interest rates Going Forward . It is the case that Interest Rates Going Forward . It is the case that it Interest Rates Going Forward . It is the case that it is Interest Rates Going Forward . It 3 the case that it is priced in, Interest Rates Going Forward . It 1 the case that it is priced in, not just lower Interest Rates eventually, we dont have any right now, there is too much pressure still on inflation, but ultimately when you think about the markets and hitting record highs over and over again over the many decades we have been watching markets, the market is itselfjust been watching markets, the market is itself just complication been watching markets, the market is itselfjust complication of the value of the market and Companies Grow over time, they sell more stuff, generate more profits so they become more valuable. So higher valuations should never be a surprise. They happen over 20 years, this is what we generally expect to happen in a healthy, thriving economy. Happen in a
Emmanuel macron condemned to be but appears to be the attempted assassination of the Prime Minister of slovakia. Who did it and why, tonight we will have the latest. Good evening. Slovakias Prime Minister robert fico is said to be fighting for his life after being shot multiple times in an assassination attempt. Mr fico had been attending a government meeting. As he spoke to crowds afterwards he was shot five times, before being bundled into a car by security personnel. He has been in surgery for three and a half hours. The suspect has been detained by police. Slovak ministers have said the attack was politically motivated. It took place in the Central Slovakia town of handlova. Slovakia borders ukraine, and mr fico has been a divisive figure considered by some as authoritarian and russia leaning. Tonight well hear from our Europe Editor katya adler in brussels on the significance of this attack on a European Leader, but first bethany bell is in slovakia. Bethany . There is a real sens
You have the nasdaq up by almost 9 treasury yields are a little weaker t tenyear yield at 4. 814 . And openai will have a product Conference Announcement today. Sam altman said they will not launch a Search Engine, but working hard on new stuff they think people will love and feels like magic to me according to people close to the information. This Technology Rolls Image Recognition into one product for advanced Voice Assistant and separately or maybe not separately, you will see how things are coming together apple nearing agreement to use openai and its technology on the next generation iphone to allow apple to offer the chatbot as part of the features that are coming next month. The big issue there, by the way, to understand all of this, openai is now processing all of its queries in the cloud apple, for privacy reasons, is to query all with siri and on the device processed on device. The question is going to be is there a clever way with some of the Openai Technology ends up being
Chinese solar and medical supplies. Watch out, nvidia. Arm is looking to throw its hat in the chip making ring. One step forward and one step back of apples union fight. It is monday, may 13th, 2024 you are watching Worldwide Exchange here on cnbc good morning welcome to Worldwide Exchange. Thank you forego being with us this monday morning. Lets kickoff with the dow coming off the best week of the year and looking to extend an eightsession winning streak we could see signs of life dow is higher by nine points the s p 500 is up two points the nasdaq is up 20 points very much a Holding Pattern market right now if you check on the bond market, ahead of the key week with retail sales and cpi due on wednesday and earnings reports, yee yields are lower the tenyear note is 4. 49 the twoyear note is 4. 85 a lot of people are looking at this as a proxy for the Interest Rates. T taking a look at oil prices right now. The u. S. Benchmark wti is still below the 80 a mark thats a. 50 gain ice bren
Sold the qs which i find interesting. And last week you said that you are longer now than i you can remember so why did you trim alphabet i add significantly to alphabet in the 130s when all the genesis and noise came out and i thought it was a Short Term Impact and there was no there there. So i took the opportunity to really super ssize the position and now cutting it back to normal size. It is still one of high larger positions. But i dont think that it was prudent. So really risk manager and in terms of the qs, im short the qs as a heenlg because i have no idea what the Inflation Numbers will be. So i sold the position i had after eight days of market straight up, i would have sold them anyway. Because they are always a trade. They are just to express a near term view. So my near term view is just risk management. I have so much beta in the portfolio through the big names that i thought it was prudent to put a little hedge on it im thinking like you look at meta month to date, up 8