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Transcripts For CNBC Fast 20240703

Since late january, and we are extending the gains today. If you talk about what the catalysts are for the next leg of the rally, we ask the question whether the bulls have the upper hand once again. We know powell was not as hawkish as feared and yields calmed down, right, the bond market volatility dissipated for the moment and earnings are enough. Is all that good enough well, the quantitative tightening provides a nice liquidity backdrop to a rally. I think it can continue for a little bit. I think that shortrun focus, though, i think the momentum is here with us for now. The intermediate term, what you want to focus on is gdp revisions and can they continue to head higher . Can earnings deliver in the back half of the year . If i think those two things prove to be true, we could see more upside and this continue for a while. If theres a challenge to that, which at the moment doesnt look like there will be, but if theres a challenge to that i think you could see volatility. In the

Transcripts For BLOOMBERG Market Makers 20140709

My favorite store, im not so sure about that. But it is one of my favorite stories. There is a deal that should keep this company out of bankruptcy. A person familiar with the matter says investor standard general will give American Apparel 25 Million Dollars to pay off the 10 million loan and in exchange get to overhaul the board. Julie hyman has been on the story for weeks now, in part because there is such a captivating figure at the center of the American Apparel story, the ousted ceo. It is fascinating because of him even though he is not involved, especially in this current situation, in the current phase of the news. 25 million is coming from standard general. Standard general is one of the companys the guest investors, recently struck a deal with charney whereas whereby it lent him money to increase the state in American Apparel to 43 , but they would essentially have control of that. He could not vote without the approval of standard general. Are they his ally here . He is the

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