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FBC Varney Company July 12, 2024

3. 5 . The s p, a similar gain, about 2. 5 there. And the nasdaq composite up just with over 2 . That is clearly a rally. Helped by the Federal Reserves bond purchases, thats money printing, a report from bloomberg on a possible trillion dollar plan for bridges, roads and 5g access in rural areas, thats the stimulus plan, a new one. Also helping, really helping, news from an Oxford University study, a breakthrough in the treatment of the virus using steroids. It significantly reduced mortality. We also have the rapid opening up of businesses all across the country and maybe an improvement in u. S. china relations. Mike pompeo meets senior chinese officials in hawaii tomorrow. And then theres this retail sales in may up 17. 7 . That reflects the partial reopening of some stores. It is a very strong number. The president just tweeted about it. Ill read it for you. Wow, may ....

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FBC Varney Company July 13, 2024

Continues on a global scale. A worldwide their market, the 11 year bull run here is over. The dow is heading to the 22,000 level. A month ago it was 29,000. It is the fastest selloff in history. The s p will hit bear market territory at the open today, down 20 from the february high, the same story with the nasdaq. More money is still moving into safe treasury securities pushing the yield down to 0. 69 as of right now. The latest news on the virus brings its impact home to all of us. Sport dramatically affected. The nba has suspended the season indefinitely. A few days ago they banned reporters from locker rooms. Now the whole sport is shutdown. The Seattle Mariners will not be playing any home games. The early baseball season is in question. There will be an announcement later on the nhl. Social distancing is apparent across the country. You can see it and businesses are feeling it. Theres a long list of conference and meeting ....

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FBC The Evening Edit July 13, 2024

U. S. Debt. Warren targeted Goldman Sachs chief lloyd blank fine if her latest ad among others but blankfein firing back mocking warren saying quote maybe tribalism is in her dna. This as impeachment early signs that it may be hitting a wall. No got ya moment. Voters dazed and confused. Not changing their minds. Thats the economist magazine, the l. A. Times and reuters now saying that as legal pros warn democrats are standing on the narrowest ground for impeachment in u. S. History. Tonight we have more sound of democrats saying this is about stopping trump from getting reelected. How the hearings backfired on the dems as a witness made the case for a probe of hunter biden. This the country now on new ground, we debate, can a candidate for the presidency really legitimately be a jury person for a senate trial against a sitting president while campaigning against that president for the oval office . Also, attorney general bill barr ....

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FBC After The Bell July 13, 2024

Were live in london what happens next. It is the will of the british people will be completely forgotten, the ceasefire is over. The truce between turkey and syria just expiring one hour ago. The latest from the pentagon on that . Mark zuckerberg set to testify on capitol hill tomorrow as new investigation gears up into facebook. A first look what the ceo will tell congress. Connell a lot to talk about with fox Business Team coverage. Gerri willis on floor of the new york stock exchange. Ashley webster in london, Edward Lawrence in capitol hill, Grady Trimble in chicago, Jackie Deangelis reporting from the New York State Supreme Court. But to brexit, not to brexit, ashley, we start with you. Repo ....

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