Nvidia. We will hone in on them to get a preview of what we can expect from their earnings later in the week. The grayscale ceo, leaving the company after three years at the helm. That and so much more. A quick check on the macro as we see record high after record high across the benchmark, the nasdaq, the s p 500, the dow, all powering higher on the fact that you are still seeing perhaps that geopolitical risk, of course, with a fatal crash happening in iran, not enough to take away the overall focus that is the macro policy of a Federal Reserve that can potentially cut rates into the second half of the year. Thats what the market wants to see coming off of the bond market yields going up one or two basis points with quietness as we have a lot of fed speak to digest. Copper at a record high, medical metal, gold, copper, a conundrum when it comes to the Federal Reserve, but record highs in the commodity space. In the world of crypto there is a risk on set filtering into crypto. 66,900
Earnings this week. Of course, the dow jones flirting with the 40,000 level. Down but pretty much flat on the day. We will keep an eye on that throughout the day. We have yields to keep an eye on. Above 482 start the week to move about one basis point. Bitcoin on the rise. We have some Risk Appetite today. Gold spa Still Holding on with a bid of about 1. 5 . We have some movers under the surface. Shares soaring after announcing a treatment with the same active ingredient as another weight loss drug for 199 a month that undercuts big pharma by as much as 85 . Dozens of other telehealth, but companies have been trying to tap into the weight loss drugs. We are looking at Grayscale Investments because Michael Sonnenshein is stepping down and Peter Mintzberg from global sucks global Goldman Sachs will be taking over. Feet yet has seen billions in outflows since the launch of the queen etfs. Back to the fed, the higher for longer narrative, he had this to say this morning with Michael Mckee.
American universities gave new life to demonstrations against the occupation of jerusalem in other parts of the world. At the university of tokyo and the japanese city of osaka, supporters of palestine condemned the genocide in gaza. In south korea, palestinian supporters gathered in front of the American Embassy to condemn the violence of the countrys police against propalestinian students. In the austrian city of vienna. People in support of palestine and condemnation the zionist aggressions demonstrated and chanted slogans against the occupiers of jerusalem. Frayah frayah frayah propalestinian students at the university of Political Sciences in paris gathered again and chanted slogans against the zionists and the western supporters of the israeli regime. In tunisia, the italian ambassador and the minister of culture of this country, who were visiting the tunisian book exhibition , expelled their participants from this exhibition due to their countrys cooperation with the zionist reg
, how dangerous is it . Russia must move towards an economy of high wages; this is the most important guideline for the companys authorities about this. Vladimir putin said at an extended meeting of the presidium of the state council on the development of the labor market , the meeting with governors and ministers took place in Veliky Novgorod, the president noted that at the end of july, the salaries of russians in real terms increased by 10. 5 . This is a good trend. She needs to be supported. Vladimir putin called the development of the labor market a common task for everyone. Well, yes, i see your meetings are taking place against the backdrop of record low unemployment. This is one of the most important indicators of the effectiveness of our entire Economic Policy and its social at the same time, this measurement is an indicator that Economic Growth may encounter a shortage of labor resources. This problem already exists, and we must take this factor into account and respond to it
First on cnbc interview for his reaction to the gop tax bill and the fed chair nomination you wont want to miss that. We start with what were calling the two tickets to stock paradise, tax cuts and trump making it official with his nomination of Jerome Powell, the first details of the tax bill see the light of day, the continuation of the easy money policies from the fed, sending the dow to a new record close. Is this the perfect recipe to keep stocks surging and do you just keep buying it has been i bet you to the punch there. Maybe it was by design. We chose that. Vix below 10, the market had an opportunity to sell off on the back of maybe facebooks earnings or maybe facebooks commentary in the post market. But again, here we are, it grinds higher, closes at the high of the day. What does it mean . The dax held exactly where it needed to held, alltime highs despite the strength in the bond market, the yield curve which continues to flatten, nobody seems to care about. So as far as i