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Transcripts For CNBC Squawk 20240704

5 chance it was so unlikely. You have children i have children. I have 12yearold boys who look up to both of these gentlemen and think of them as heroes. I dont want this to happen. This is a terrible idea. I think it would be fun to watch. Thats the appeal i get the appeal. Thats part of the problem you will see what will happen at recess after this. My concern is fighting after watching toy story. Lets show u. S. Equity futures at this hour were sitting here on monday morning and in the green nicely. 90 points higher on the dow. Nasdaq looking to open higher 7 points up. S p is up 17 points. Most importantly, more maybe not, we look at treasury yields as the guide to life right now, 4. 1 when you look at the 10year treasury the 2year treasury at 4. 846 you may remember where was the 30year with ackman statement . It was a week ago it was 4. 30 above where we are right now. Ackman last week or ackman in the pandemic last week oh. I dont know it peaked at 4. 30 last week it was in that ....

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Transcripts For CNNW CNN 20240704

Of this week where things are finally going to happen. What is the significance of what we just heard from the former Lieutenant Governor there . Yeah, i mean, this is the culmination of a two and a half year Criminal Investigation that Fulton County District Attorney fani willis has been overseeing. So the fact that witnesses have finally been put on notice with a day to appear before the grand jury that can actually issue indictments is an indication she is going to go before the grand jury, present her case potentially against donald trump and, you know, a dozen or so others and she going to ask this grand jury to hand up indictments. We have been told this presentation could take as long as two days. Its possible that she actually begins with this ....

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Transcripts For CNBC Squawk 20240704

Crossed, it looked like a different picture. We had a reversal midday we saw stocks give up the ghost and treasury yields surge and 10year yield cross 4. 1. It was the reversal to watch i think it is because mary daly and San Francisco fed says there is more work to be done after the cpi number people thought it is not over yet. It aint over. A long slog here. The lady hasnt sung. You cant say which lady right on the squawk planner. More inflation data. Ppi is due at 8 30 a. M poll polled forecasters expect a tick higher of. 2 . This comes after the cpi data showing prices rose 3. 2 year on year which is below the forecast the Supreme Court blocked for now a multibillion dollar deal by Purdue Pharma from the opioid crisis. They will look to release the claims by nondebtors against nondebtor parties without the consent. The ....

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Transcripts For KRON KRON 20240704

Fires are breaking out, had to leave. Talk more about that. Yeah, thats a big story. Weve been live at sfo and were looking whether there was a way thankfully its calm down. So much history that was so hard to see. And now the devastation coming yeah, yeah. Here in the bay area were much calmer, obviously we are in for a warmup these next few days, though, you can see outside this morning. We do have mount tam looking down into that lincoln of cloud cover thats still sitting right there above the areas like berkeley and San Francisco. Visibility has improved a whole lot, though. Now current temperatures are in the 50s and san mateo as seth areas that are hanging on to some of clouds. Well, elsewhere, it 60s and 70s at this point and are all the sunshine later on today. Similar to yesterday. Were holding on to the seasonable warmth in the 60s, 70s 80s. Ive got all the details of your forecast as we go during james. Thank you and 10. ....

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Transcripts For CNBC Squawk 20240704

Leading the s p this morning after their results. The cfo joins us this hour for an exclusive big news of the morning, fitch downgrading u. S. Longterm credit to aa plus to aaa it is the second downgrade ever by a major agency after s p back in 2011. Joining us first this morning on cnbc, the interview with the man behind that call, Fitch Ratings richard frances. Great to have you with us. Thanks for the time. Thank you i would love to know, sort of, your some color on the timing and the thinking behind the call now as some have pointed out, some of your quantitative models have been on the mend the last six months or so yeah, i mean, honestly, this is a steady deterioration that weve seen in some of the key metrics for the United States for a number of years. In 2007, general Government Debt was less than 60 . And now it ....

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