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Transcripts For CNBC Squawk On The Street 20240712

Major amples we saw a surge in cases for example, in other parts of the country that had not been as hard hit jim, i can go through a list of things this morning that perhaps would give investors pause in a different environment, whether it be beijing, and the recent closure of schools there as they deal with a surge in cases it is only 137 but nonetheless. Flights also there we will get the update from beijing. Layoffs at the likes of at t or hilton quest giving us gooit guidance that still speaks to the weakness of that business. Yet here we are with potentially another rally in store a half hour from now. David, all of those things you just mentioned were things that maybe we expected to happen im looking at 25 pieces of research that i have sent to you in synopsis, the vast majority of them are raising price targets. Why . Because the targets were slashed before we knew that the Federal Reserve was going to back stop all of these companies so the Federal Reserve is saying if you ar

Transcripts For BLOOMBERG Bloomberg Markets European Open 20240713

Driven by a weaker dollar. Whereturn to istanbul, bloombergs Turkey Bureau chief is standing by, and chris reiter is in berlin. President erdogan has sounded out again, ahead of the central bank decision. What can we expect today . There is a universal expectation that there will be a cut in Interest Rates later Turkish Central Bank Monetary Policy convene committee convenes. What we dont know is how much. If the decision is in line with estimates, which predict around thet of 150 basis points, rate of return on the turkish lira adjusted for inflation goes down to 1. 9 . Thats a crucial number, still above the average of real return e. M. s, which turkey is considered part of, but below countries that turkey is usually judged against like russia and south africa. We have seen anxiety in turkish markets over the last week. The lira has been weakening to levels not seen in about two months, and the decision at 2 00 p. M. Will determine the Market Reaction later today. Matt more Central B

This Prehistoric Stone Circle In England May Have Been Created About 700 Years Before Stonehenge

In England, an ancient stone circle may have been created about 700 years before the Stonehenge monument. There are hundreds of examples across the islands of Great Britain and Ireland,.

As state track championships are contested, we remember Newport News legend Doug Dickinson

Prehistoric Stone Circle's 'Sanctuary' May Predate Stonehenge by 700 Years