Interest rate cut was a recalibration, not part of a preset course for more easing. He discussed shortterm tax cuts to help any slowdown. Then he walked back back by the end of the week. Protests in hong kong begin front and center with concerns the Chinese Government may resort to military crackdowns. My first guest this week, the Capital Management founder, kyle bass. Great to have you this weekend. Want to talk about the week it was. Another bank lower interest ra rate, second time in iraq. Second month in a row for indonesia. Thirtyfive Central Banks across the world lowering Interest Rates. Whats your take on where we are in terms of the inverted yield curve . Unlike prior to inversions, i hate saying this time is different but if you look at what is driving our inversion in my mind, look at the big Central Banks around the world. Lowering rates and potentially buying stocks and also restarting in the next few weeks. Youve got the bank on tilt, they are now 70 of all the listed et
Month of july and joining me too react. Equity strategist barry. Gotta get reyour reaction to the Federal Reserve Interest Rates. Let me start with the job numbers. What was your reaction to what we saw on friday . It was a good number. If you think about the use six or underemployment rate dropped to 7 below its 19 years. The number came in line with expectations the economy is strong. Maria the economy is strong and we are looking at the Federal Reserve lowering interest rate. There was some indication that yes, we got a quarter cut this week by the fed but there are more cuts to come. One of the things that weve talked about that there is this concept that they call a neutral rake, tighten or lose. Its like the border between day and night which is dust. The fed crossed the level when the hike to times, december of last year. They took back the december mystic which we said would trigger us and we had a 20 drop in the fourth quarter. But they really do need to take back september ju
We are awaiting an update from the mayor of dayton, ohio, any minute plus doctors in el paso are briefing the media. They did so overnight. Watch. It was a long night. It was a long day. Large volumes of blood and blood products were used. I know that the Blood Centers here in town had a tremendous response from the community. People coming out to offer to donate blood. Extremely critical. Thats the Life Saving Force that we give to people. Maria President Trump tweeted condolences a couple of times this is the second and most recent he says god bless the people of el paso, texas and god bless the people of dayton, ohio ill be speaking exclusively to Kevin Mccarthy coming up and ohio congressman tim ryan, but we begin with fox team coverage, jeff paul is standing by with the very latest from el paso, but first we go to our Chicago Bureau for more on the situation in dayton, unraveling. Good morning. Reporter maria the latest update this morning nine people dead at least 26 People Injur
Why privacy experts are telling them to think twice. Cheryl and how the hollywood crowds crusade could be fueling the he Global Climate threat. It is wednesday, it is july 31st. Fbn a. M. Starts right now. Cheryl welcome to fbn a. M. Good morning, im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl lets take a look at how your money is moving this morning as we await the feds decision on interest rates, a quarter point cut is highly anticipated today. The dow is higher by 74 points in the premarket, s p up by 6 and a quarter, the nasdaq is up by 32. Lauren on this final day of the month of july, we do get that key decision from the fed. The 10 year treasury yield, 2. 05 . Cheryl as tensions in iran continue, no end in sight right now with destroyers sitting in the waters off the coast there, 58. 34 is the latest read on oil. Lauren in asia, the shanghai composite losing twothirds of a percent after the third month of factory order contraction and all eyes on the hang sen