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Transcripts For CNBC Squawk Box 20240713

He will be traveling to washington hell be here a couple of days saying negotiating teams from both sides remain in close communication. President trump saying hes going to later travel to beijing to begin talks on the next phase. I think well talk to eunice we never know until we know. The last thing we heard from eunice was, you know, the president says there is a signing next week but havent heard anything from the chinese side she did point out that it was good for the chinese to have this happening now ahead of the Lunar New Year too my point is that they would never say anything and deliberately stay and let us conjecture it is always bad they never signed off on this the day before the market pulled back a little after someone said something that the chinese are uncomfortable with something until we hear right from the Commerce Ministry. Just a lot of times sitting there, what they looked like. They are more reserved and are tweeting about this stuff. Anyway, looking good. Hope

Transcripts For CNBC Mad 20240704

To decline 1. 4 . What we all do for a pullback. Ive been saying that weve been having a really high casualties. Members of the cbc Investor Club now all too well from the annual meeting. We like this market the whole way up. Many of the critics hated it all the way. First they hated a, because we are in a pandemic inspired inflationary cycle. Then, they hated it because the mini banking crisis started. Now the feds are raising rates, and the economy heading for a hard landing. They hated so much the market strengths concentrated. Yeah they hate it because of what they call the a. I. Bubble. All along they failed to celebrate their victories. They ignore the high of latium. They ignore the end of the feds tagging cycle. All that job growth has been so strong. And they didnt even care when the magnificent 7 started passing the leadership to the industrials and the mid cap stops are still cheap. What the heck is wrong with these people . Why cant they admit the market deserve to reilly e

Transcripts For CNBC Squawk 20240704

Surprise profit and Record Services revenue, but says weakness in pc and ipad could continue to drag down sales. And amazon shares rallying after reporting blowout profits beating on sales and the company issuing optimistic guidance as well interesting internals in the jobs report this morning 187,000. Unemployment, 3. 5 average Hourly Earnings, a touch hot, but the workweek shrank, mike, so total weekly pay, below expectations i think it all nets out to consistent with a slowing but still tight labor market and a relatively soft landing for the economy. You did have those downward revisions, so decelerating but also lower Unemployment Rate implies just not a huge supply of idle workers to draw from here the main market kind of bank shot on this is what does it mean for treasury yields thats been the story all week you have had longer term yields really going higher, not much because of repricing what the fed is going to do, but just in general, a lot of dynamics pushing in that direct

Transcripts For GBN The 20240703

Uk, Manuel Hassassian. Hes been the he had been the representative of the Palestinian Authority for 15 years to this country. And with years to this country. And with this wednesday marking a year since, a year since the day rishi sunak became Prime Minister although to some it might feel a little bit longer than that. Who better to speak to than the man who literally wrote the book on Prime Ministers . Esteemed ministers . The esteemed political historian, sir Anthony Seldon . Well thats all to come in the show , but first lets in the show, but first lets have a look. Whats in the papers today. Joining me now is the spectator columnist and former member of the european parliament, patrick oflynn. Parliament, patrick oflynn. Lets have a little run through of the papers first. So patrick, youve picked out the sunday times front page as as perhaps the most predominant story this morning. Well, yes, in Old Fashioned newspaper man parlance , theyve newspaper man parlance, theyve got someth

Transcripts For GBN The 20240703

Along. The question is, can along. The question is, can israel stop state terrorism on equal basis . Thats thats the question. Question. Witnesses also say they heard a blast and the sound of ambulances near the rafah crossing. It happened after a second convoy of aid was allowed to enter gaza yesterday. 20 to enter gaza yesterday. 20 trucks delivered supplies to the strip after the border with egypt was opened for the first time in two weeks. As in london and israel. Solidarity rally is being held in trafalgar square. Being held in trafalgar square. The bring them home protest is calling for the release of all hostages being held by hamas. Earlier a man was arrested for allegedly shouting anti semitic abuse from a car driving past. It comes after days of pro palestine indian protests and claims some people have been inciting violence. Immigration minister Robert Jenrick says the accusations are being taken seriously. Seriously. Ive written to all chief chief constables across the coun

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