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Search resuls for: "Presser"


4 mentions found


☆ Dr. Anthony Fauci says he had a 'bad feeling' before the White House briefing where Trump floated using disinfectants to treat COVID-19
  + stars: | 2022-10-16 | by ( John L. Dorman | ) www.businessinsider.com   time to read: +3 min
Fauci said he had a "bad feeling" ahead of Trump's presser where he spoke of COVID-19 and disinfectants. "And as soon as I heard it, I said, holy [expletive], this is going to go bad," Fauci told ABC News. For much of 2020, Fauci was a fixture on the televised White House COVID-19 briefings. "I didn't want to go up on there with this because I had a bad feeling about when Homeland Security brought this guy in, he briefed the people in the Situation Room beforehand. Fauci was at one time a fixture of the White House press briefings for much of 2020.
☆ How the Fed's tough talk translates into lower earnings and more pain for stock prices
  + stars: | 2022-09-22 | by ( Bob Pisani | ) www.cnbc.com   time to read: +3 min
Both metrics for determining future stock prices (earnings estimates and the market multiple) could now move in a very wide "band". A wide range of outcomes implies more uncertainty, more volatility. For example, what is the right earnings estimate for the next twelve months for the S & P 500? "S & P 500 EPS estimates will likely be coming down at increasing rates in the weeks ahead," Nick Raich, who tracks corporate earnings at Earnings Scout, told me. 232 x 17 = 3,944 for the S & P 500, more than 150 points above where it is now.
☆ Here's everything the Federal Reserve is expected to do today
  + stars: | 2022-09-21 | by ( Jeff Cox | ) www.cnbc.com   time to read: +6 min
Construction workers outside the Marriner S. Eccles Federal Reserve Building, photographed on Wednesday, July 27, 2022 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty ImagesThere's not a lot of mystery surrounding Wednesday's Federal Reserve meeting, with markets widely expecting the central bank to approve its third consecutive three-quarter point interest rate hike. That's the highest the fed funds rate has been since early 2008. Economic outlook: Part of this week's meeting will see Fed officials issue a quarterly update of their interest rate and economic outlook. Powell presser: Fed Chairman Jerome Powell will hold his usual news conference following the conclusion of the two-day meeting.
☆ Watch Christine Lagarde speak at debut ECB press conference
  + stars: | 2019-12-12 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: +1 min
Christine Lagarde is speaking in Frankfurt, Germany, for her first press conference as president of the European Central Bank. The former International Monetary Fund chief took the helm at the euro zone's top financial institution last month. Analysts say she will also likely need to mend divisions at the bank over its recent policy measures under former President Mario Draghi. Global central banks have been easing mode this year, as the headwinds of U.S.-China trade tensions and signs of economic weakness grip businesses and investors. Investors are likely to monitor Lagarde's presser for any signs as to the bank's outlook for the euro zone and forward guidance.
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