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FBC Varney Company July 13, 2024

Time to lessen the economic pain, which we are clearly suffering. Meanwhile, fox news has blown the lid off the china virus story. Reliable sources suggest the virus began at a virology lab in wuhan, china. Patient zero, the first person to get it, was a lab worker who went out into the city and spread the virus from there. Now, the chinese authorities covered it up. They delayed action. They altered data and suppressed doctors and journalists who reported the truth. The story is an indictment of china and the communist authorities. It will dramatically change the u. S. china relationship. Heres how the markets reacting to all of this. We got bad news on manufacturing in the philadelphia and new york area. We got a sharp drop in Housing Starts. And weve got those dreadful jobless numbers. But the dow is going to open on the upside, maybe up 90 points. Thats almost a half percentage point. Same story for the nasdaq and also, look a ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

This is the second month and a rope where it surprised to the upside. It was coming down. Is it going back up . Carl it still looks like there is a broader deceleration underway but the slope is much shallower and it tells you some of the handwringing over the trade war is overblown in terms of the consequences for the broader economy. The trade wars negative without doubt. Growth is slowing. As the economy slows, hiring should slope, but things are not rolling over. Written a fair amount about the relationship between the economy and the growth of the jobs numbers. Is it changing your mind about how much the economy is slowing . Carl may be at the margin it tells us there is less slow down. If we look at the number of hours worked, a unit of gdp requires a certain number of worker hours to produce and the fact that aggregate hours worked is growing at 1. 9 to the us thet quarter tells tracking estimates of gdp that are below our forecast are down closer to 1 . Is based takeaway here o ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 14, 2024

Noted therces have u. S. Has taken a standoffish approach in terms of the interarab squabble that has emerged between qatar and saudi arabia. We should also note the at the administration, including Jared Kushner, have maintained close personal ties with the saudis and last night the emir of qatar meeting with top Business Leaders in washington, d. C. Along with President Trump. The situation has been fascinating to watch the geopolitics and personalities as the global geopolitical chess game continues and again iran lurking evermore loudly in the background. David as i noticed from the guest list, we had banks will representative with both citigroup and bank of america ceo attending the dinner. Thanks to Kevin Cirilli from the white house. Lets go to the other end ....

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BLOOMBERG Bloomberg Surveillance February 5, 2020



bloomberg surveillance. there is a lot of concern about the coronavirus but it is not impacting markets as much. traders are focusing on the money thinking this can be contained, and earnings better than expected. happening, the u.s. 10 year yield 1.61. on bloomberg surveillance later this hour we speak to the biggest maker of diabetes drugs. let s get to the first word news in new york city. here in the u.s. we begin with the state of the union address, president trump striking a triumphant tone, stating his bid for reelection on the strength of the economy. america s fortunes are on the rise and its future is blazing bright. the years of economic decay are over. make no mistake, it was a deeply partisan affair, the president turning his back on nancy pelosi as she offered to shake his hand. when the speech was over, nancy pelosi ripping up the transcript of the speech. companies pushing into streaming is off to a swift start. disney plus soaring to $29 million b ....

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WPVI ABC World News With David Muir July 25, 2016

The deadly shooting inside a club during teen night. Gunmen opening fire. The urgent manhunt under way at this hour. And breaking now, a major attack overseas. This time, a knife attack. More than a dozen reported dead. And good evening from philadelphia tonight, where before the Convention Even began today, chaos and division here in philly. And it did not stop with that gavel just a short time ago here. The convention now under way with booing, with chants of bernie. H Hillary Clinton has said, were stronger together, but shell have worm here. Congresswoman Debbie Wasserman schultz wasnt even allowed on that stage. Bernie sanders, speaking before hundreds of his own supporters today, and when he said democrats must unite and support Hillary Clinton, there wer ....

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