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CNBC Power Lunch July 14, 2024

Which he struck a very humble but sort of defensive tone in saying that libra is not intended to be an investment vehicle. Its intended to be a payment vehicle that the crypt okurancy will not be used for monetary policy, and sort of defending this as a way for facebook to provide Economic Opportunity to its users. But of course, he is going to be facing a very hostile environment when he testifies tomorrow, and certainly well see if that same tone is echoed by the treasury secretary when he speaks in just a few minutes. This is most notable because this comes just days after President Trump tweeted specifically about libra as well as cryptocurrencies, that could be construed, Steven Mnuchin is approaching the podium lets go to him right now. Recently, as you know, theres been a great deal of interest about
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BLOOMBERG Bloomberg Markets March 28, 2016

To head to the markets were matt miller has the numbers for us. Eight beat here in the top line. Matt a huge beat her we were looking for a drop of 0. 4 percent compared to a job of almost 1 in the previous month. Pending home sales are up big. That is the yearoveryear number. The month number up date but that is not as interesting. Maybe that is why we have seen a huge lumber rally. Have you noticed lumber has been safe lately really up. You would notice that. Matt gmm go. Oil are ripping up. Andcan pull up my terminal see a lot of movers you might not otherwise see. Now see wheat and soy bp pending home sales up 5. 1 . In all seriousness, very good news for the home market. Are getting a lot of housing earnings coming out this week. Penny home sales, they definitely bold well bode well for Companies Like that. They do not necessarily gets old. Matt that is right. A better indicator of how the market is doing. Lets take a look at ....

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