Is two parts to that last night i focused on the major averages are not representative of the broader economy. Something held true today with the dow and s p losing 4. 4 and nasdaq sinking 5. 7 after the dollar skyrocketed something we warned about because the fed made it confusing how much they will keep helping the economy. The stronger dollar isnt great but the incredible v shape rally in the stock market doesnt jive with reality in a world where we still have double digit unemployment tonight, though, we need to talk about the other part of the sentence the stock market doesnt reflect Current Conditions emphasis on the word current why . The market is a forecast machine across the ball and supposed to be appearing six to nine months in the future. Maybe the economy is in rough shape. Let say they reflect next february so what are the odds the economy will be in much better condition by then because some people would say stocks are saying. Thats the key question. Tonight, i want to
Cooler numbers marks the fed has reached the end of the hiking cycle. And siemens has a net quarter loss the ceo tells cnbc it will take years to work through the challenges keep in mind the charges are provisions for the future. We expect this over the next year to evolve and it will take us twotothree years to work through this of and berkshire jumps to 150 billion with Warren Buffett posting a 7 rise with chevron paying off for the oracle of omaha. Very warm welcome to street signs and special because it is the first time in over a month were back together. We calculated it. Five weeks we havent done the show together. I missed you. I missed the show. It feels good with that, i guess we should talk about aramco. A hard pivot. Lets get to it. The earnings do continue to roll in this time from aramco with 40 plunge in Second Quarter net profits with low oil prices with refining and chemical margins. Dan has been pouring through the numbers. Dan joins us now dan, it looks as aramco wea
A matter of days, russia plains ukraine for the attacks. The 50 stories, skyscraper, houses, 3 ministries, was 1st targeted on sunday, defense Officials Say 3 other drones down in the capitol and surrounding areas on choose day ukraine has no knowledge. The attacks of if were going to see the time with explosion happened the day before yesterday. And people showed us and we were walking there and then suddenly there was this explosion. And we immediately ran the shots of cloth and then smoke rising, and then the Security Services started running that way. The shots were really big. Meanwhile, the new clay mold are the types of taking place in the northeastern city of concave, the police streets, as one person was injured when a college dorm entry was set on choose day. Also ortiz say, other densely Populated Areas of the city will also targeted. At least 11 people are being killed and mold and 6, the injured in southern lebanon. Those fighting between rival sanctions inside the largest
But they hope to find new space sees into course of the waiting for thousands of years. Tom ha is still giving up its mystery slowly. John home and i would just say to calculate this mix code the. Lets take you through some of the headlines now. Evacuations of french and other european citizens has started from these. Yeah. From plans to evacuate hundreds of citizens over the next 24 hours. That follows the tax on the french embassy, the capital. And the closure board is off, the president of assume was deposed last week as the regional block eco law says it may authorize, falls to reinstate present, but soon the lead is begin and fast. So in law, they say any military intervention in neighboring these yeah. Would be considered as a declaration of war against them on so forth. Is of the deposed president , say theres a legal case for intervention. And the protocol of the echo us day is that a possibility of using violence against the in the pile of that data that trying to use when as
The sides of their own accord. Take the discipline in hand and to assume the sovereignty of the storm to denounce the assistance of the regional organizations to apply sanctions that aggravate the suffering of the population and imperialists. There are some african, as a 3 to refuse to apply these, the legal illegitimate and into maine sanctions against the people of nisha for one that any military intervention against these. Yeah, will be considered as a declaration of war against became a fast or, and molly and about how much both of them has been saying for the 1st time since the military sees control. A fighter of the same was posted online by chevy and president addressed debbie. He visited new share to media between 2 leaders and the else to the government. Or there has been violent demonstrations between police and supporters of senegalese opposition. Later it was means sancho, up to his Political Party was dissolved on monday, he appeared in court and was fully charged with civ