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Transcripts For CNBC Squawk On The Street 20240712

Yesterday carl was a discouraging day for a lot of people who have been chasing momentum because last week was maybe one of the best momentum weeks i can recall since 1999, which meant that if you bought it went higher and how much fun is that . Yesterday was the day that you bought it went higher and then you got crushed. So i think that usually takes a couple days of reset where maybe you can after stocks that arent as hot, say, as tesla. So you would focus, say, on Something Like the banks ive been through the banks and i know dave and i talk about this all the time, they are incredibly complex beasts, they are not like, oh, tesla, hot and when i first went over them i thought they looked pretty good but already theyre reversing. This is not an uncommon pattern as people find one line or two line that they dont like and then they sell these stocks. David, its happening once again. You know that these banks could have had littered with bad loans, its not, they have great trading, the

Transcripts For DW DW News 20240713

Im Christine Wendell welcome to the program. We begin our broad cost in brome where pope francis is set to give his yearly irby itll be Christmas Day blessing from the balcony off the st this piece has Pacifica Christians around the bold also integrating the birth of jesus thousands have come to see the pontiff this cross over to rome. All right and those are pictures from rome where pope francis is shortly going to be delivering hes opiate oby christmas message now he led a Midnight Mass at st peters basilica at the vatican hes blessing emphasized forgiveness not just for sin is but for the church itself ofter a difficult area in which sexual abuse scandals continue to rock the Catholic Church Francis Christians to keep the faith. Think forward i he does a ritual that dates back to the 1st centuries of the Catholic Church the Midnight Mass at some pages is a spiritual gathering there the pope is said to confide the word of god to the faith. Of. All of that he may god who by the incarn

Transcripts For DW DW News 20240713

And bringing the countrys plenty revolution to a close. Hello im christie 1. 00 welcome to the program. But francis has been giving the christmas beatrice and his blessing to the catholic faithful from st Peters Square in broome but. Its. Suppose its 90 minutes. Francis spoke about migrants and those whove endured what he caught and speakable forms of abuse he will not ruin the pontiff also board for an end to the social unrest in venezuela and appealed for peace in syria is to make christ bring his light to the many children suffering from war and conflicts in the middle east and in various countries of the world. See him bring comfort to the beloved Syrian People who still see no end to the hostilities that have rent their country over the last decade. Now lets bring in journalist david wiley whos in rome hes been following the vatican for years good to have you david what you may call for frances message this year. Well i think pope francis is trying he has a very Ambitious Program

Transcripts For DW DW News 20240713

The countrys bloody revolution took the lives. Hello im christine window welcome to the program pope francis has given hes christmas address so be it over to the city and the world along with hes placing to the catholic faithful from st Peters Square in broome but. It really is the percent. Hit 90 at st. Francis spoke about migrants and those who have endured what he called and speakable forms of abuse the pontiff also called for an end to the social and raised in venezuela and he appealed for peace in syria to make christ bring his light to the many children suffering from war and conflicts in the middle east and in various countries of the world. See him bring comfort to the beloved Syrian People who still see no end to the hostilities that have written their country over the last decade. In ways to reach a new. David willey is a veteran correspondent whos covered the vesa can for decades he said todays address by pope francis was also an attempt to put a hopeful spin on whats been a

Transcripts For DW DW News 20240713

A problem as hundreds of thousands of people flee the fighting most are heading north to the Turkish Border. Where the rock thank you so much for your Company Everyone pope francis has given his christmas address from the vatican and his annual or be a or b. Which is the latin for to the city and the world upon just spoke about migrants and those whove endured what he called unspeakable forms of abuse he also called for an end to conflicts around the globe he finished by blessing the catholic faithful who packed st Peters Square in rome. 50000 people gathered in st Peters Square in bright sunshine for the popes christmas address its the 7th of his papacy and again the condemnation of war and violence was the heart of his message with conflicts in Europe Asia Africa and the americas francis issued a call for peace. He still. Made rice to bring his lights to the many children suffering from war and conflicts in the middle east and in various countries of the world. And. He inspired gover

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