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FBC Varney Company July 13, 2024

Million to 30 million tons. Next case, the federal reserve, jay powell says hes going to grow the Balance Sheet but dont call it qe4. Okay. I will put it into english. Interest rates are coming down. China trade and Interest Rates, thats why the market will go up at the opening bell. The dow lost 300 yesterday, likely to go up maybe 200 at the open this morning. The s p, the nasdaq, very solid gains this morning as well. Look, theres a lot coming at you throughout todays program. A jury awards 8 billion to a plaintiff who says he wasnt warned about the dangers of a Johnson Johnson drug. 8 billion. One hour from now, we will find out how many jobs are available, upwards of seven million. Two hours from now, jay powell speaks. We are following, yes, we will translate for you as well. This afternoon, the first lady brings y ....

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FBC Varney Company July 14, 2024

I guess investors liked what they saw the dow is going to be up what maybe 80 points after whopping great gang in last two days same story with the s p up about a third of one percent. The nasdaq is going to be up a quarter of one percent. As of now by the way all three within a breath all time record highs. The political news of the day, my opinion good news for democrats howard shuttle starbucks billionaire will not run for the presidency so antitrump volt will not be split and it will be a straightforward election between mr. Trump and the left. On todays show is america the best performing economy . Will the market hit new highs were very close and yes, larry kudlow with the view from the white house. Varney company is about to begin. Yes we will have more on jobs report in just a moment hold on few birse former starbucks ceo howard shuttle will not run for the presidency he had a statement what did he say . Here request this is what he said, quote, not enough people today are will ....

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FBC Varney Company July 14, 2024

Same with the nasdaq up about 60 points. Close to 1 . Here is the big stock news of the day. To stand out retailers. Target and lows. Both did very well in the profit report earlier this morning and consumers have money to spend and their spending it. It is the giant retailers who are responding best to Amazon Online challenge. Look at the two stocks go. 70 up for target and 12 for lowes. That is valid. This is not a race, i will ask you anyway. How much do you have in your 401k or you are away . I hope youre one of the hundreds of thousands of people who have at least a million. According to fidelity, 196,000 have 1 million bucks in the 401k and 179,000 have a million in their ira. Those are Record Numbers. The u. S. Drone has been shot down over yemen, it was an in queue nine drone otherwise known as you reset. It is been a long time since this kind of incident and that is tr ....

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FBC Varney Company July 14, 2024

Is pouring into tenyear treasuries as a safe haven. Trouble, trouble everywhere but treasuries offer a degree of security not found elsewhere, and well pay you interest. You dont get that in europe or japan. Heres another opinion. Surely the Federal Reserve will now lower Interest Rates very soon and very sharply. Ive got another reason for the selloff and its hong kong. Its calm right now but is this the calm before the storm . There are signals that beijing has had enough. Things are coming to a head. Number one, Chinese State media now calls the demonstrators radicals and appears to be whipping up mainland support for a forceful end to the protests. Intervention, they say, is inevitable if the situation worsens. Two, there is video of chinese troops massing at the border. Three, the demonstrators are being told not to ....

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