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RT Boom Bust July 12, 2024

Announcement that the Global Economic downturn due to the corona virus pandemic will be worse than initial estimates so compared to the april 1 of the Economic Outlook we are projecting a deeper downtown in 2020 and a c. E. O. At a company in 2021 to growth to 2020 is projected at minus 4 point one percent which is 1 point one percent points below our april focused now this reflects the fact that in the 1st half economic outcomes came in somewhat worse than we had anticipated and because there is no medical suit you should we are expecting social distancing to persist for more for a long time into the 2nd half. And downgrading the growth for crest for 2021 the i. M. F. Expects a growth rate of 5. 4 percent instead of earlier estimates of 5. 8 percent the fund is predicting an 8 percent contraction in the United States ....

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RT Boom Bust July 12, 2024

2021 the i. M. F. Expects a growth rate of 5. 4 percent instead of earlier estimates of 5. 8 percent the fund is predicting an 8 percent contraction in the United States in 2020 while the eurozone economy will decline by 10. 2 percent brazil will take a 9 point one percent hit with the economy of mexico shrinking by as much as 10. 5 percent just this year now the Organization Also pointed to a catastrophic toll d on the labor market due to the pandemic saying there quine in work hours for the 2nd quarter will be the equivalent of losing 300000000 full time jobs worldwide the funds chief economist also spoke about the unpredictable nature of the pandemic making it difficult to judge where the worlds economy will head in the near future so there is tremendous uncertainty around the focused on the one hand you could get positive news you could have this news on the scenes and ....

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CSPAN2 U.S. Senate U.S. Senate July 13, 2024

Future. And the Nonpartisan Congressional Budget Office has told us that the houses proposal will not generate sustainability of Pension Plans or the sustainability of the pbgc. So we better not spend time on something the Congressional Budget Office just isnt going to bring a solution and definitely not a longterm solution. In contrast, the proposal that senator alexander and i are releasing today addresses the immediate needs of the few multiemployer plans facing immediate crisis in a manner that protects participant benefits and also ensures a sustainable multiemployer Pension System for the long haul. And it does this all in a fiscally responsible way. Our proposal is not a giveaway to corporations or to unions, and its a bet ....

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BLOOMBERG Bloomberg Daybreak Europe July 14, 2024

And the europeans need to take necessary actions. The United States has basically in my view for a shot itself in the foot by withdrawing from this agreement. Nejra netflix slumps. A drop in u. S. Customers and slowing growth overseas. Shares plummet in extended trade. In europe, watching for results from s. A. P. Welcome to daybreak europe, just on 6 00 a. M. In london. Numbers from novartis are coming through. Second quarter core operating profit, at 3. 65 billion. The Second Quarter core eps, 1. 34. Second quarter net sales, 11. 76 billion. 2019 guidance has been raised for the new focused medicines, and they named a president of pharmaceuticals. They see d sales up mid to high sigel digits. To give you more detail, the Second Quarter sales, 858 million, the estimate of 868 million. A little miss on
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CNBC Fast July 4, 2024

We have several moves to get through from the committee today, and were going to start there and start with josh brown who bought a few new things. I want to tell you about all those. You bought ebay, which hit a 52week high on monday. Thats the highest since february of last year. Tell me why that one has been added to your portfolio. So this is a breakout in progress. It got above longterm resistance, which was 48. I think it will hold that level, but well have to see. This is the highest level ebay has traded at, really, since april of 2022. It had been in this range between 38 and 50 since the summer of 2022. So this is basically a stock that cant get arrested. Theyve had literally no support on wall street. Nobody wants to talk about it. Its ten times earnings. We know the reason why its ten times earnings. Facebook came into the marketplace business a few years ago, stole some of ebays thunder. Theres not a lot of growth here. But thats the point. Youre not paying for growth. At ....

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