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Transcripts For CNBC Power Lunch 20240713

Good thursday, everybody welcome to power lunch lets take a look at this record rally. All three major indices at new high the dow is up 21 in 2019. The s p up nearly 28 and the n nasdaq up 33 just this year were in the green today check out some of the new highs across the board micon, citigroup and kellogg joining that party ty thank you very much with a few trading days left in whats been the best year for the market since 2013, bob is at the New York Stock Exchange with a look at what worked in 2019. Hi, bob. A lot worked. Thats the good news the rally has opinion fabeen fa but dont kid yourself top 23 stocks in the s p 500 all were up. All 23 were up some of them were up really big. How big . S p 500, up 28 . The top ten stocks by market capitalization were up more than 40 . That means as they get bigger, those stocks have more and more influence on the s p number one, nothing knows bigger than apple this year look at this, 77 . Thats not a typo. How much is that thats 800 points

Transcripts For RT Boom Bust 20240713

Protests in venezuela took place earlier this year where tens of thousands took to the streets in dueling protests in support in opposition of the standing government under president nicolas mother would go on as well as have turned to rely heavily on bitcoin some using it to pay for medical costs or even food eating gold in the hyper inflated economy and several reports revealed Venezuela Central Bank is allegedly looking to stockpile of variety of crypto currency is like a coin within its internal reserves stay operated gas company but theyre a little less than a swell hour by the vessel has asked to send big corn and a theory of payments to uncle sam but i live a nice way to save evolves to pay for oil and gas operations with us ancients on some of these countries like venezuela iraq and iran terror on is allowing for big queen mining but with some regulations head of the Economic Commission of the Iranian Parliament and yes hotshot the said we do believe that the crypto currency in

Transcripts For RT Boom Bust 20240713

This year the world is facing political turmoil protests have become the new norm but what does this mean for the economy in terms of crypto currencies amid global turmoil crypto currency usage has spiked in some of these countries volumes increase in hong kong for example where the island is reaching almost 6 months of political unrest this was after the much disputed bill that would allow citizens to be extradited to china and just last month trading sites like local big coins reportedly saw it 3rd largest weekly big volume ever the platform accorded a 1420000. 00 worth of transaction volume meanwhile yellow vests in paris are nearing a continuous year of protest these were caused by rising fuel prices ecuador and also followed suit when protesters in the 2 countries took to the streets to call out the increasing inequality now weeks ago a state of emergency was declared in chile it is. A. T. M. s were on lockdown leaving many banking users without access to withdraw their funds the

Transcripts For RT Boom Bust 20240713

A state of emergency was declared in chile a. T. M. Walk down leaving many banking users without access to withdraw their funds the demand for of acorn and she there has skyrocketed this year as a result of these ongoing tensions unrest in argentina sparked when its currency collapsed earlier this year by 38. 3 percent civil unrest in lebanon also sparked krypto enthusiasm as a conflict led all banks in the country to shut down the lebanese are facing this huge crisis right now given that over 65 percent of them rely on banks massive protests in venezuela took place earlier this year where tens of thousands took to the streets in dueling protests in support in opposition of the standing government under president nicolas mother would go on as well and have turned to rely heavily on bit coin some are using it to pay for medical costs or even food beating gold in the hyper inflated economy and several reports revealed Venezuela Central Bank is allegedly looking to stockpile of. Idea of c

Gold Reserve Announces Submission of Credit Bid for CITGO Petroleum Corp. Parent Company, PDV Holdings, Inc.