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CNBC Power Lunch July 12, 2024

This follows the fed chair powells comments on an uncertain economic recovery. Airline stocks are lore wer as e group pushes for more money. Time we got the details on that. Later moderna laying out its time line for vaccine as President Trump and the cdc contradict each other about when one will be fully available to americans. Maybe were splitting hairs a little bit maybe not. Well separate fact from fiction. Kelly, bye it feels strange to be this close to someone other than any husband. Lets take a look at the big board behind me. Whats leading the way industrials and materials. The only two sec sotors in the frie green. Thats the trend we have been seeing this week its the opposite story for tech down today down about 8 in september after an epic run for this group. Lets get over to bob. Hello most of the big megacap tech stock amazon, facebook, apple are down were getting one of these periodic boost from the cyclical slash v ....

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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

Signaling that it may need to do more to the boe, signaling that it may need to do more to combat lower growth. Bloombergs Francine Lacqua spoke to andrew bailey, the bank of england governor, following that policy decision. Gov. Bailey we are keeping options open on that. Im very clear on that. Other members of the committee thought it was a sensible decision to take in our next meeting, when we may have more information. Francine are we any closer to negative rates, or is that not an option right now . Gov. Bailey we are not ruling anything out because it would be unwise of us to rule anything out in terms of responses. I dont want to say we are nearer to negative rates, but we are not ruling anything out. Francine under what circumstances will we get negative rates . Gov. Bailey its a complicated question. You have to view it in the context of the times, also in the context of the financial structure we have, and what are the ....

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CNBC Power Lunch July 13, 2024

Are in the markets for the second day in a row, weve had a nice rally in the open thats faded as we go into the close. This is part of that fading on the optimism of the reopening story here so banks have been weaker, retailers generally have been weaker, but still up fractionally, because the big five, the mega cap tech stocks are on the upside. We were talking about guidance, and once again, a number of the companies today pulled their guidance papa johns, mattel, office depot, genuine parts company, equity residential, Waste Management they join 170 other companies, that is one third of the ap 500 that has declined to give guidance and this is one of the reasons were seeing so much stock volatility how do you figure out what the right prices and multiples are when you dont have any idea what the earnings situation is going to be like we also have problems with dividends. Many companies are cutting their dividends as well, or ....

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BLOOMBERG The David Rubenstein Show Peer To Peer Conversations July 13, 2024

David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Lets talk about your career at bank of america, and how you rose up and actually became the ceo, because i think it is quite interesting. To go to your background, you are from ohio. Your father was a chemist . Brian my father was a chemist, yeah. David for dupont . Brian yeah. David you were sixth of eight children. I guess you share a lot. Brian you have to be aggressive with stuff, at least getting your share. Lets say that. David ok. You went to brown university. And you were the cocaptain of the rugby team. Brian right. David rugby is a tough sport. I assume that is not as tough as banking. Or is banking tougher than rugby . Brian there is nothing more powerful to see one of those scrums push, but i was nev ....

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BLOOMBERG The David Rubenstein Show Peer To Peer Conversations July 13, 2024

David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Lets talk about your career at bank of america, and how you rose up and actually became the ceo, because i think it is quite interesting. To go to your background, you are from ohio. Your father was a chemist . Brian my father was a chemist, yeah. David for dupont . Brian yeah. David you were sixth of eight children. I guess you share a lot. Brian you have to be aggressive with stuff, at least getting your share. Lets say that. David ok. You went to brown university. And you were the cocaptain of the rugby team. Brian right. David rugby is a tough sport. I assume that is not as tough as banking. Or is banking tougher than rugby . Brian there is nothing more powerful to see one of those scrums push, but i was nev ....

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