04:17:26
"New Bond King" Gundlach: The 10-year U.S. bond may not change much by the end of next year.
04:13:23
US President Biden: We will work in the next few days to get Americans out of Gaza.
04:12:38
US President Biden: Efforts to increase humanitarian aid to Gaza.
04:07:48
Qualcomm (QCOM.O) Q4 net profit for fiscal year 2023 was US$1.489 billion, market expectations were US$1.63 billion, and US$2.873 billion in the same period last year.
04:05:34
Qualcomm (QCOM.O) Q4 revenue for fiscal year 2023 was US$8.67 billion, market expectations were US$8.51 billion, and US$11.4 billion in the same period last year.
04:05:00
US President Biden will deliver a speech on economic policy in ten minutes.
04:01:53
"New Bond King" Gundlach: Oil is an uncertain factor, but for now, the commodity market is dormant.
03:59:28
"New Bond King" Gundlach: If wrong results occur in the Middle East, oil prices are likely to rise sharply.
03:56:41
"New Bond King" Gundlach: Oil prices fell because of the economic slowdown.
03:54:58
According to Apple Insider: Apple (AAPL.O) has discontinued its $5-per-month Apple Music voice plan because user participation may be limited.
03:53:51
"New Bond King" Gundlach: Prefers to hold short-term Treasury notes rather than idle cash.
03:47:59
"New Bond King" Gundlach: The unemployment rate is clearly on the rise, and bond yields are obviously a problem for the stock market.
03:47:51
"New Bond King" Gundlach: If the economy collapses, the Fed will cut interest rates by 200 basis points.
03:37:08
"New Bond King" Gundlach: The current shape of the government bond yield curve is very unstable.
03:22:20
Economists at Wells Fargo said the Fed appears to be taking a "hawkish pause," but the bar for further rate hikes is getting higher.
03:21:40
Fed Chairman Powell: Oil prices have little reaction to the Palestinian-Israeli conflict.
03:21:29
Federal Reserve Chairman Powell: It is unclear whether the conflict in the Middle East will have an economic impact on the United States.
03:20:17
Gina Bolvin, President of Bolvin Wealth Management Group: The Fed acknowledges that financial conditions have tightened, which may prevent high-risk assets from rebounding in the short term. A hold on the federal funds rate so far would also leave fixed income and equity markets unchanged. The Fed may be done raising interest rates.
03:18:20
Fed Chairman Powell: I don’t think there are structural changes in consumption, and we may be underestimating the strength of the balance sheets of households and businesses.
03:12:25
Fed Chairman Powell: Because the final neutral level of interest rates is "unpredictable." We focus on observing the data and giving ourselves some more time to parse the data in order to decide on a policy stance.