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Transcripts For FBC Varney 20240703

What are our producers getting at here . Okay. Kind of misty around the white house. Framed and missed. I like that. Good morning, lets get on with it, 10 00 eastern, straight to the money. The rally is holding, dow up 160, nasdaq up 61, the 10 year treasury yield and not much change, still around 4. 5 , 448. Price of oil approaching 80 a barrel, 7972, bitcoin stuck around 63,000, 628 right now. Coming at us, the latest read on consumer sentiment. Down 67. 4 in may from 77. 2 in april. Current Economic Conditions were sour by a 10 point drop, expectations were sour, 10 point drop to 6. 5. Inflation the highest since november. When youre out we see inflation at 3. 5 . Cpi for april comes out next week. Inflation a problem, making is not feel as confident about our personal Economic Situation and the economy overall, markets up because this is indicating a rate cut or rate cuts on the table. Ashley kind of bad news and the fed may be inclined to cut rates, stock market rising more. Thats

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