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Transcripts For CNBC Fast Money 20240712

The fed laid out plans to buy up individual Corporate Bonds this as the emergence of new coronavirus hot spots around the country add to fears of a second wave so why, guy adami, are markets seemingly so immune to these concerns is that actually a good sign for this rally no, its not. But before i have to i would be remiss, melissa, if i didnt wish the b. K. , the bitcoin baller a happy belated birthday. His birthday was yesterday do you know whose birthday is tomorrow i wont keep you in suspense adam smith would have been 297 years old tomorrow why do i mention him i had to read that book the wealth of nations in college. You probably read it as well he was the father of free market capitalism well, what you saw today was the exact antithesis of that and im going to get added by everybody. To think this market is at all free market is a fools folly. The fact that we rallied into this announcement by the fed, which we all saw coming or they announced it prior shouldnt really surprise a

Transcripts For CNBC Closing Bell 20240712

Sarah . Yeah, shows the power of the fed there. When that headline hit, boom we have a great lineup coming your way Jeremy Siegel and rick reider join us. Plus, well speak with larry kudlow about the latest debate over the future of enhanced Unemployment Benefits and what happens when they run out . Well also take a closer look at one winner amid the volatility, the video game sector. Well speak with Strauss Zelnick. That stock has been an outperform they are year lets focus in on the big stories with one hour left of trading. Mike santoli tracking the action and phil lebeau and joining us to discuss the outlook for the banks is brian foran start us with the big come back that weve seen in the market this afternoon theyre saying buy the dips were in a dip buying environment. They proved it this morning. Take a look improvement. We got that one weeks time. Things are looking stretched at the highs. One week ago today 3232 was the closing level then we got that shakeout. Thursday most pr

Transcripts For FBC Varney Company 20240712

That continues a down trend but only just. A spike in new virus cases, especially arizona and texas. The words second wave have some investors worried. The Federal Reserve, well, jay powell sees the effects of the virus dragging on the economy until 2022. Thats not the rapid recovery the administration sees. Larry kudlow joins us in our 11 00 hour. So what do you do . Do you hold on to the stocks youve got, do you buy this dip . That was successful in the past. Or do you get out and take your profit while you can . We will try to answer at least some of those questions. Politics. Joe biden says President Trump may try to steal the election and joe biden says the president promotes racism. His words. This as demonstrators create what they call a no cop zone in downtown seattle. It was created overnight. The president is not happy about that. And this afternoon, mr. Trump heads to dallas, texas. We expect to hear from him about Police Reform and maybe about any new help for the economy f

Transcripts For KGO ABC7 News 400PM 20240712

Merced, orange and glenn counties, bringing the total now to 19. The governor says the biggest concerns are family gatherings and bars. Youre in a bar, moving around, drinking, the mask is off,e clo other rr eaysen counti, gia back theiropenings. And if they are not effective in controlling the virus, the state will intervene. If people are flaunting rules and regulations or throwing out those guidelines, we want to continue to work with our officials to help us enforce that. So we put aside this 2. 5 billion of state money in this budget to encourage andmore enl behavior. Reporter the governor says the state may transfer sick inmates from san quinten to the Medical Center in daley center. In san quinten, we have 1,011 inmates that have tested positive. Those are numbers that came in this morning. Test results are coming back in realtime, so thats a dynamic number chaverylit seems like were taking two steps forward, one step back. If it gets much worse, it might feel like one step forw

Transcripts For FBC Cavuto Coast To Coast 20240712

Meantime i want to go to blake burman on this back and forth so far how the cases are going because this is happening we have had backtoback days of 30,000 cases reported in this country. Something we have not seen since the beginning of may. To you, sir. Reporter neil, yes, the number of cases growing across the country. Over here at the white house though they continue to be adamant in their view, according to public experts they talked to and listened to here there is not a second wave right now. The white house view at the current moment. Though we are continuing to see the Economic Impact of covid19 and what it is having all over the country in just about every pocket you look, the latest example in northwest arkansas because china has come out today and said it is not going to be buying poultry from tyson foods facilities in northwest arkansas. When you look at the numbers, neil, there is a reason why because according to that company there have been roughly 3700 employees been t

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