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Transcripts For CNBC Worldwide Exchange 20240711

And lockdown and new details to halt the ipo by the ant group and what stocks are seeing big time buying by their insiders well bring them to you, one big biotech you need to hear about it is friday the 13th, but nothing to be afraid of. This is Worldwide Exchange right here on cnbc i dont care if monday is blue, tuesday is great and wednesday too, thursday i dont care about happy friday and welcome from wherever in the world you may be watching. Im broo im Brian Sullivan thanks for joining us. Here is how your money and markets look right now stock futures are once again in the green across the board dow futures up 224, nasdaq up 105. The indexes did fall a bit yesterday, but all on pace for a very solid week and month. The russell 2000 up a stunning 11 . So far november, you dow up 10 and even the nasdaq that has been hit a bit hard is actually up 7 this month coming into this morning the real star though continues to be bitcoin. It is above 16,000 now and up as much as 20 just in th

Transcripts For FBC Barrons Roundtable 20240712

Role, on the Long Distance round table, ben levisohn, carlton english and jack howe. The fed has been sometimes blamed for propping up the market, but it looks like fridays selloff may have been in part due to what the fed was saying and doing. Thats right. I think the fed made a mistake. They released the results of their a bank stress tests, and at first they looked just fine. The dividends were capped for the third quarter, but that wasnt much of a surprise. Normally the suspension of buybacks because no ones really buying back banks anymore, but they left a lot of uncertainty about future quarters. As investors looked at those numbers, they a really started to get a bit afraid of what it meant for bank stocks, and then they started to fall on friday. And it really isnt good for the market at this point or investors. Tech is about 27 of the s p 500 right now. If thats near dot. Com levels. Investors really need other choices besides tech, and they were starting to feel comfortable w

Transcripts For FBC Barrons Roundtable 20240712

Role, on the Long Distance round table, ben levisohn, carlton english and jack howe. The fed has been sometimes blamed for propping up the market, but it looks like fridays selloff may have been in part due to what the fed was saying and doing. Thats right. I think the fed made a mistake. They released the results of their a bank stress tests, and at first they looked just fine. The dividends were capped for the third quarter, but that wasnt much of a surprise. Normally the suspension of buybacks because no ones really buying back banks anymore, but they left a lot of uncertainty about future quarters. As investors looked at those numbers, they a really started to get a bit afraid of what it meant for bank stocks, and then they started to fall on friday. And it really isnt good for the market at this point or investors. Tech is about 27 of the s p 500 right now. If thats near dot. Com levels. Investors really need other choices besides tech, and they were starting to feel comfortable w

Transcripts For FBC Barrons Roundtable 20240712

Role, on the Long Distance round table, ben levisohn, carlton english and jack howe. The fed has been sometimes blamed for propping up the market, but it looks like fridays selloff may have been in part due to what the fed was saying and doing. Thats right. I think the fed made a mistake. They released the results of their a bank stress tests, and at first they looked just fine. The dividends were capped for the third quarter, but that wasnt much of a surprise. Normally the suspension of buybacks because no ones really buying back banks anymore, but they left a lot of uncertainty about future quarters. As investors looked at those numbers, they a really started to get a bit afraid of what it meant for bank stocks, and then they started to fall on friday. And it really isnt good for the market at this point or investors. Tech is about 27 of the s p 500 right now. If thats near dot. Com levels. Investors really need other choices besides tech, and they were starting to feel comfortable w

Transcripts For FBC Barrons Roundtable 20240712

Role, on the Long Distance round table, ben levisohn, carlton english and jack howe. The fed has been sometimes blamed for propping up the market, but it looks like fridays selloff may have been in part due to what the fed was saying and doing. Thats right. I think the fed made a mistake. They released the results of their a bank stress tests, and at first they looked just fine. The dividends were capped for the third quarter, but that wasnt much of a surprise. Normally the suspension of buybacks because no ones really buying back banks anymore, but they left a lot of uncertainty about future quarters. As investors looked at those numbers, they a really started to get a bit afraid of what it meant for bank stocks, and then they started to fall on friday. And it really isnt good for the market at this point or investors. Tech is about 27 of the s p 500 right now. If thats near dot. Com levels. Investors really need other choices besides tech, and they were starting to feel comfortable w

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