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Transcripts For FBC Varney Company 20240713

Unified party. One democrat switching sides, some others may vote no. But the end result is not in doubt. The president will not be removed from office. Now look at this. The market is going up again. The dow is being held back a little by boeing. The journal says it may halt or cut max jet production. Boeings a dow stock, way down, hurting the dow average by about 90 points. We also have to tell you that bank of america is talking about a melt up for the market into next year. Look at the market go. The dow is going to be up about 80 points despite the news on boeing, up about 80 at the open. S p, big gains, 17 points. Thats more than a half percent. The nasdaqs going to do well, 50 points higher. That is a rally this monday morning. In britain, landslide winner, Boris Johnson, is pushing hard for a brexit vote by christmas. Then he wants to work on a trade deal with trump next year. Defeated socialist Jeremy Corbyn says he won the battle of ideas. He just couldnt convince voters he w

Transcripts For FBC Varney Company 20240714

Quarters of any publicly traded company and it lost 5 billion. The ceo says 2019 will be the worst year the losses, he says, will come down in 2021 look at that stock, down 8. 5 below 40 a share. Interest rates, the yield on the 10year treasury is 1. 69 , this is the worlds bench mash Interest Rate, and is this week s volatility, thats disruptive Financial Markets worldwide 169 right now. Here is the good news, rapidly falling Mortgage Rates you can get a 30year fixed Rate Home Loan for 3. 6 . Youre going to see a lot of refinancing action, and in a moment, youre going to see whats happening to Mortgage Rates in denmark. Okay, okay, okay, i know youre not likely to be buying a home there but when you see the rates , you might want to get into that market. Then theres joe biden, gas machine. Two of them. First, he said, poor kids are just as bright as white kids. Then he said, we choose truth over facts. [laughter] today is at the iowa state fair, every democrat will be hoping he doesnt

Transcripts For FBC Varney Company 20240714

You very soon. Theres this. Another College Cheating scandal. It seems some wealthy people transferred control of their children to other less wealthy people so they could claim Financial Aid from colleges. Again, big story. Full details coming up. The market heading lower after a series of china trade tweets from President Trump. Hes disappointed that china has not yet bought our Agricultural Products and hes speculating that china is waiting to see who wins in 2020 before making a deal. Not a good idea, he says, because when he wins, it will be a very tough deal or no deal at all. So look at this. We are going to be down, what, over 100 points on the dow industrials, down about 16, a half percentage point on the s p, and the nasdaq getting close to a 1 decline. We are off all across the board. Then theres beyond meat. Okay, sales quadrupled but investors were shocked that the company will issue another 3. 25 million shares that dilutes existing shareholder value and down goes beyond

Transcripts For FBC Varney Company 20200212

now consider turnout. very important for judging enthusiasm. the democrats a little above 2016 but uncontested president trump, 128,000 votes, far more than other incumbent presidents in previous years. the president won the enthusiasm race. bottom line, there s no clear democrat leader going into the beyond the routine checkups. nevada and south carolina races later this month. beyond the not-so-routine cases. all right. let s get to the market. here we go again. comcast business is helping doctors that would be up. you are probably going to see provide care in whole new ways. more records today. all working with a new generation of technologies the dow is going to be up, what, 140 points. powered by our gig-speed network. s&p, 14. nasdaq, about 50. because beyond technology. there is human ingenuity. up again. this is becoming an economic stimulus story. the falling price of gasoline. every day, comcast business is helping businesses there are now 11,300 stations go beyon

Transcripts For FBC Varney Company 20200207

re-entered the marketplace, i should say the work force in one month. they are now drawing a paycheck, 183,000 new workers in one month. look at the market reaction. can t quite explain this. it s muted after a series of big gains, we will retrace a little at the opening bell. now, in the news this morning, a phone call between president trump and china s leader xi jinping. the president says xi is sharp, strong and powerfully focused on leading the counter-attack on the coronavirus. and the president says mr. xi will be successful. that s what the president says. at home, a cruise ship docked in new jersey this morning with 12 chinese nationals on board. they have been quarantined. all the passengers will be screened. for investors, we are talking about the virus, the question is how long and how much of china will be locked down and what impact that has on their economy and ours. that s the question for investors about the virus this morning. big show coming up. 9:35, j

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