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Transcripts For CNBC Squawk 20240703

Im Andrew Ross Sorkin. You cant wear white pants. Im Andrew Ross Sorkin with joe kernen and mike santoli is here hanging out for becky who is still off today. Lets show you u. S. Equities at this hour. We have a little bit going on. Not too much just yet. The dow off 27 points. Nasdaq opening down 58 points. S p is off 9 points. Treasury yields with the 10year treasury is sitting at 4. 224. The 2year treasury at 4. 910. Have you noticed we flipped that board around, joe . The oil prices . No. The treasury board. That board, we used to run the 30year treasury. The 30year at the top and 2year at the bottom because the way the world used to work. Now the world is flipped upside down and here we are. That is a good metaphor. Mirror what is happening. You remember, andrew, years ago where were you on the show or before when greenspan said it. Its back. Combine the 2year. The 30year used to be the one to watch. Exactly. We should have done 100 about a year and a half ago. Would that have wor

Andrew rossWear whiteAndrew ross sorkinRoss sorkinJoe kernenMike santoliOil pricesNorth koreaKorea russiaJan hatziusJob growthMonetary policyLabor forceAnalysts sayPrice targetLong shot

Transcripts For CNBC Squawk 20240703

What higher for longer means with Interest Rates. We had conversations yesterday that to me were troubling and i started to think about things. It was transitory. The supply chain part. Transitory. There is maybe an underlining rate of inflation that is higher and it is harder to deal with and it has to deal with crude. It reminds me now it is supposedly not like the volcker era. Wages and unions and workers demanding more. The wage price spiral that picks up and higher wages. Thats what the fed is watching. We paused and only to restart. It was not putting a stake in the heart of it in the first place. A little bit stays and it comes back and you do higher. Stop again. It was the stop and start of the 70s which is what happened. Is that happening again . If you look at inflation in other parts of the globe, it is higher. The uk is operating at 6 . They dobnt have the dollar. That bugs me. 3 . South america averaging 30 . It used to be higher inflation. How many is a candy bar in zimba

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Goldie Hawn and son Oliver Hudson share tender moment as they embrace in waterside tribute

Goldie Hawn shared a very sweet tribute to her son Oliver Hudson on his birthday with a photo of them embracing by the water

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Kate Hudson dons an ab-flashing co-ord as she attends Giorgio Armani Prive show with Danny Fujikawa

Kate Hudson dons an ab-flashing co-ord as she attends Giorgio Armani Prive show with Danny Fujikawa
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Kate Hudson joins ex Matt Bellamy s model wife Elle Evans for a fun girls night out in London

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