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Transcripts For CNBC Power 20240704

It is down 20 again. The s p is down 26. The nasdaq is thinking onto a onepoint game. Qualcomm is down 9 after a disappointing Fourth Quarter. There is a slowdown in smartphone demand. Expedia had bookings falling short of high expectations. And we are watching the yield. The 10 year is up 4. 19. It is starting to get back near those october highs, which Rick Santelli warned us about. Lets get back to mr. Santelli. It is the chatter today, rick . The chatter is that there are some issues. Whether it is how much the markets move. Consider this. The fed raised rates a quarter point on the 26th. On the 27th, we had the gdp much smarts stronger. It is virtually unchanged, but it moved about 30 points. The spread has gone from 100 to now under 70. This is huge. Many say, what is going on with the higher rates . Well, the biggest curve trade in history was the twos to tens spread. Now, youre looking at the other side of the mountain. If you look at tens, 4 1 4 on the 24th of october, high yi

Environmentalists sweep conservation awards

THE Limestone Coast has taken a clean sweep at an annual environmental awards ceremony, with both awards going to Mount […]

Innovation on Morse Code for the US Military

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