04:02:06
After the financial report was released, Qualcomm (QCOM.O) rose 5% after the market closed.
03:44:15
"New Bond King" Gundlach: The reduction in US deficit spending will have an impact on the gross domestic product (GDP).
03:42:28
U.S. House Financial Services Committee Chairman McHenry asked the Federal Reserve to withdraw and re-propose the Basel III agreement.
03:41:41
"New Bond King" Gundlach: The US deficit problem continues to worsen. Modern monetary theory has been thoroughly refuted.
03:37:54
“New Bond King” Gundlach: Still optimistic about gold.
03:35:37
Argentina said it expects the International Development Bank financing to be disbursed in early August.
03:35:12
"New Bond King" Gundlach: Current employment trends have deteriorated.
03:35:10
"New Bond King" Gundlach: It will be too late for the Federal Reserve to cut interest rates.
03:34:16
“New Bond King” Gundlach: I don’t think the US economy is really strong.
03:32:23
Goldman Sachs: We assess the downside risks of the upcoming liquefied natural gas (LNG) supply wave to long-term oil demand and our long-term Brent price assumption of $80/bbl.
03:32:21
"New Bond King" Gundlach: Still believes that 2-year, 3-year and 5-year US Treasury bonds are a safe investment option.
03:32:20
"New Bond King" Gundlach: We believe that there will be a 150 basis point interest rate cut in the future, which will definitely be realized in a year.
03:24:59
According to the New York Times: Iranian leaders ordered attacks on Israel in retaliation for the killing of Hamas leader Haniyeh.
03:24:27
Traders expect the Fed to cut interest rates by 70 basis points this year, up from 64 basis points earlier.
03:20:24
According to The Verge: Reddit CEO says Microsoft needs to pay for search sites.
03:19:59
Billionaire Bill Ackman abruptly withdraws Pershing Square US Fund IPO.
03:17:57
Federal Reserve Chairman Powell: We are just following the latest developments and are currently assessing what is happening, nothing more.
03:17:45
Federal Reserve Chairman Powell: The Federal Reserve does not have the authority to issue central bank digital currency (CBDC). It does not seek authorization to issue central bank digital currency.
03:17:02
Federal Reserve Chairman Powell: Central bank digital currency was not mentioned at the meeting.
03:15:29
Federal Reserve Chairman Powell: No one can have a clear vision of the future.