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Not spooked by anything happening at Federal Reserve and dow, nasdaq and s p at records at the moment after the Federal Reserve held rates stead i did for fifth meeting in the row and fed chair Jerome Powell answering questions for reporters. Lets go back there live. Early parts of the Pandemic Recovery have mostly been resolved. Youre seeing high job growth, youre seeing big increases in supply. Youre seeing strong wage growth but wage growth is gradually moderating down to more sustainable levels in many, many respects and the things are returning more to their state in 2019, which we can think of normal for this purpose. Thats job openings and quits and surveys of workers and businesses are interesting on this and how tight is the how easy to find a job and h ....
Downright unnerving. Were now looking at the other side of what the feds been doing to stamp out inflation, and its a big reason why the dow lost 199 points. The s p shed and the nasdaq 1. 06 . Were going have to learn with not a collapse in commerce, but definitely a slowdown. Along with the decline in profitability that always comes at this particular point in the business cycle. Each day we see more of these cracks. Extremely disappointing numbers from southwest airlines, luv. But there was no love. The airlines margins are being pressured by higher gasoline prices. Its not 250 to 260. Its budget is 270 to 280 ewhich is a huge difference. Southwests revenue per available seat mile, is down rather dramatically. Were looking at a 5 to 7 decline when the company said it would be down just 3 to 7 . That is jarring. It looks like business is finally getting hurt by the sudden rise in oil. Its up in a straight line. And you cant ignore the fact that southwest revenue per available seat mi ....
Obamas trip to india and joe is in athens with the invocations were greece following the weekend election. Good evening. What can you tell us . People are still trying to figure out what the new government is going to be able to get. They are eager to rip up the existing agreement and change course on the bailout and austerity. Everyone is trying to figure out how far they will go, what they will risk, and what the European Partners will give them. What is the immediate implication for the country after the victory . I dont think anybody knows for sure. People were extremely frustrated at the pace of Economic Growth and the fact the existing government was seen as not negotiating hard enough with outside partners. The election was in large part about frustration. I dont think anyone knows. There are a lot of people skeptical that the head of syriza will be able to accompl ....
The S&P 500 added 0.2% on Thursday, June 13, 2024, extending its string of record closes as the latest producer price index data reaffirmed a cooldown in inflation. ....
Advanced Portfolio Management LLC purchased a new stake in shares of Generac Holdings Inc. (NYSE:GNRC – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 12,346 shares of the technology company’s stock, valued at approximately $1,596,000. Generac comprises approximately 1.7% of Advanced Portfolio Management LLC’s holdings, making the stock its 20th largest holding. […] ....