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Transcripts For CNBC Squawk 20240703

That comes up against the weak anecdotes we keep hearing about. The beige book did not sound like the robust economy. I dont know what you are hearing from the companies and everything. It is not robust news. The question becomes not so much the strong Third Quarter. The question is in the Fourth Quarter and if the fed wants and needs a slowdown to feel comfortable about inflation. I dont know if we have the problabilities available. The first is the tenyear note which is darn close to 5 . 4. 98 was the top overnight. It is now down a bit. The second is limited or almost no chance. Quickly, ill give you the probability. 5. 7 for november. It jumps up to 39 for december. Then it is 47 for january. If you hear from the companies, mike, i say most of the ceos are concerned about what is coming. Generally, that is true. If you get a slowdown, it doesnt usually happen precipitously. I think the market wants the ability to try to start to focus fully on companies and on exactly how the busin

Transcripts For CNBC Squawk 20240703

Now. Amc up 10 . Sunpower corporation has dropped. Watch that volatility. And our good friends at black berry are up a little over 1. 5 after what was a wild, wide ride yesterday. Well talk more about that and the implications of that. Are we back . Are we back . Its like going in a time machine. Treasury yields, we should mention this. Copper prices hitting a record high overnight. 5. 02 per pound in an effort to build the global economist maybe something well talk about with our secret mystery guest who knows a lot about evs and cars and other things. So gamestops up, sorkin, today. It is. But not as much as it was. It opened at almost 65 yesterday. It did. It closed at 48. It did. Today were in the mid50s. Were not hitting the crazy high we hit yesterday. Im torn. Theres no doubt, i agree with you, its like certifiably insane, but then there are people that write in, so you clowns think its okay for hedge funds to have naked shorts and do this and do that, but its not okay when the

Transcripts For CSPAN2 DEA 20240703

This hearing runs about two hours. This hearing will now come to order. Good morning everyone. Without objection, the chair is authorized to declare a recess at any time. Administrator milgram, we want to welcome you to the subcommittee today to testify regarding the Drug Enforcement administrations fiscal year 2025 budget request. On the personal note, i want to thank you for your attendance earlier this year at the annual Prescription Drug summit in atlanta. Your passion for the efforts to combat the drug epidemic is commendable, and your presence at the summit was greatly appreciated and understood. Before we delve into the specifics of the budget request, i want to address a broader theme that has emerged in our examination of the deas operations. While the mission of the dea remains crucial, and the commitment of administrator milgram appears sincere, it is evident that the support the agency receives from both the department of justice and this administration in general, is lacki

Transcripts For CSPAN DEA 20240703

Cspan is your unfiltered view of government, funded by these Television Companies and more, including cox koolende vries syndrome is extremely rare. But friends dont have to be. This is joe. When you are connected, you are not alone. Announcer cox supports cspan as a public service, along with thesother television providers, giving you a frontrow seat to democracy. Announcer while testifying on capitol hill, the head of the Drug Enforcement administration, anne milgram, discussed efforts to bring traffickers to justice including ongoing investigations and charges against drug cartels and Chinese Companies. She also given an example of how smartphones have changed the nature of Drug Trafficking and outlined the budget request for the dea. This hearing runs about two hours. This hearing will now come to order. Good morning everyone. Without objection, the chair is authorized to declare a recess at any time. Administrator milgram, we want to welcome you to the subcommittee today to testif

Transcripts For FBC Mornings 20240703

Democrat president ial candidate Robert F Kennedy junior teaseds making a major announcement on monday, specu fueling speculatit he will run as an independent. Nbc is reporting that biden met with Hillary Clinton at the white house last month and she, quote, pressed biden to take the Third Party Threat seriously. Third party threat. I dont know if a third party would take votes just away from biden or would rfk junior take votes from both of them, lee . I think rfk takes votes from both. Maria thats what i think. West is probably more of a dynamic where he pulls from biden. Rfk, though, is still that stands for a kennedy, thats Robert F Kennedy, junior. Even though hes been putting out a populous message that would appeal to disenfranchised democrats and people who might otherwise potentially vote for President Trump, he is still a kennedy. So i think that the point is certainly well taken on that one. Maria theyre not giving him the time of day. The democrats have been clear. Bidens o

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