Today the dow lost 109 point thes. Nasdaq only dipped 0. 08 . Bond yields short and long are headed the wrong way, meaning higher. Different stocks always march to the beat of higher rates, march down that is. The markets over bought, we got some new supply coming. Including a gigantic one that was supposed to be red hot, siz sizzling. It seems to be cooling rather rapidly. It doesnt thaep help that we h looming strike against one or all of the big three automakers. Oil prices continue to climb higher. All bad. No wonder people want to sell. It actually makes sense. I made all these worries kcrystl clear to the cnbc investing club. We know Interest Rates always marrie matter and we fear the ipo market unleashing the dogs of excess supply. The thing about this market is it does have a selfcorrecting nature to it. As soon as you point out something negative it immediately does get hammered. For example, when i mulled over the ipo sale this weekend by the once legendary softbank i had a v
Walking kilometers on dry sand until recently covered by the silly moist river ceiling for food and water. The one that we are suffering from the drought has dried up the river. We must walk half an hour to fetch the food packages and water. The government has sent us and carried them home on our backs. The most severe drought in 120 years has isolated entire communities in a region that depends on its rivers for transportation. 60 cities in the amazon or in a state of emergency, and more than 600000 people are being affected by the drought. Sign to say that this drought has been caused by the natural phenomena, nino, but the Climate Change is making things much worse. No dogs over the planets. The climate extremes are becoming more frequent and also a record breaking Credit Suisse all over the plants this year is the regular breaking the way in the planet. Meanwhile, in the amazon brazilians are waiting for the rainy season. Although signed to say this year, it may take longer to come
Saying he wished to set the record straight and criticize those who claimed he justified a tax by how months. I am shocked by the misery presentations by some of my statements yesterday in the security call. Sue is if is, if i was just the fighting x of data by im us. This is false. It was the opposite. Gotta entech here have condemned israels war and the guns, the stripped contest Prime Minister has called for a ceasefire. As israels non stop bombardment is taking a toll on Palestinian Civilians living and gaza shake mohammed bin Abdul Rahman Al sony also says negotiations to release within 200. 00 is rarely kept, is held in gaza, is making progress. So we have seen some photographs in the past few days with the lives of the 1st 2 americans and then the diesel for the 2 women to 2 days ago. And then with the mediation of, of egypt as well. I think that if we compare, where do we start to the end where we are life now, there is some progress on some break lines. We would remain hoffen.
Refugee camp. Now you can see here they still using these sound grenades and they ran uh, basically walked up the street still firing actually into the car. Theres another bullet hole in that call that now these rates all taking place in multiple locations on almost a nightly basis. 1400 people have been arrested so far a 103 people have been killed and run out. Is there a columbia refuge account and in other world news, very briefly, us republicans have chosen their 4th nominee in just 2 weeks to become speaker of the house. Of representatives, louisiana. Congressman mike johnson is a relative unknown and a low Ranking Member of the party leadership. The house has been without a speaker and therefore unable to pass laws since Kevin Mccarthy was ousted 3 weeks ago. This Donald Trumps former lawyer has testified at the former us president civil fraud trial in new york, Michael Cohen told the court, the trump asked him to increase the value of his companys assets based on the arbitrary n
Cryptocurrency donations for his campaign, how about that . There may be no hope to truly tame inflation. Thats a subject of the riff. Stock market bulls continue to tout Federal Reserve Interest Rate cuts but the latest fed minutes out day throw cold water on that proposition. By the way, stocks dont need any extra juice from the fed. The current rally is based on solid profits which are always the mothers milk of stocks and the lifeblood of the economy but consumers prices have increased 4 1 2 at an annual rate over the first third of the year and of course nearly 20 over the course of joe bidens entire presidency. Prices have risen faster than wages during mr. Bidens term as typical working families find it difficult to live in the biden economy. You could add on personal borrowing costs like car loans, home mortgages, credit cards, all those are not even counted in the cpi but they weigh heavily on families nonetheless. Then there is the never ending biden spending machine and the