Or marion berry. Brian similar. Charles im charles payne. This is making money. Right now the postfomc rally continues but something feels odd, right . Earnings beats are often greeted with bigtime selling. Just take a look at disney today. The street still sees fewer rate cuts than the dot plot. Historic rates are above average. We kick it off with alli mccartney and darius dale. Americans are unhappy with joe biden and jay powell. Many have given up hope. Maybe giant government is not a good thing after all. Brian wesbury will give his take. Darrell caulk kins why the jobs report hit the jack bottom. My take on not giving up on your pursuit of happiness. All that and so much more on making money. Charles all right, so we opened under some pressure after the best three days for the markets since last november. Now interestingly over that same period as the market was coming up pessimism was moving in the wrong direction. Almost all the different pessimists and gauges we see moved furt
She does not support his Transpacific Partnership pact as she outlines her campaign to take on wall street if she becomes the democratic candidate. Not so fast. The japanese retailer misses profit forecasts on impairment losses. A poll tile session yesterday but on this thursday morning looks like the dow is kicking off today on a four day winning streak so well see if the streak and the run continues. Fair value is telling us it should be up to 13 points and the dow jones pricing in triple digit losses so were 115 points below fair value. The nasdaq should be seeing losses of 32 and change but today the story in europe is all about the banks. European banks paired back some of their losses after some steeper declines to kick off this thursday morning and this stems back from Deutsche Bank. Theyre going to issue official earnings later on this morning but germanys largest bank said well tell investors what is going on and stunning the market with a record 6 billion euro loss and exerci
Upg upgrades well break down the streets key number first, new numbers from the fed around inflation hey, steve yeah, carl, good morning. Not very good news from the new York Fed Survey of Consumer Expectations with inflation rising across the board for all tenors let me give you a chart, the oneyear up 5. 9 is the expec tase for inflation in one year. Thats up a half a point after declining for several months in a row. The three year up. 02 Inflation Expectations surge for gas prices and food. In fact, the oneyear outlook really mirrors the rise in gas prices over time unemployment expectations hitting the highest level since april 2020 however, expected growth and Household Income also was up to 4. 3 thats the highest on record for this survey and the Spending Outlook also grew by one percentage point to 7 back to you. Steve, thanks for that. We need to start with the amazon news today, moving higher in the last few minutes in the wake of the New York Times story, which just broke, r
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