Francesca Fontana
speaker
2,691 appearances
52 recordings
1 series
first heard Aug 2017
last heard Feb 2025
Francesca Fontana’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
Not only is it now my birthday month, sorry, shameless birthday self-promotion, we are also coming into the fourth quarter of 2024, and markets had a lot to digest to kick it off.
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We had two main threats to follow this week.
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One was the escalating conflict in the Middle East.
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On Tuesday, Iran attacked Israel, prompting vows of retaliation, and we saw the ripple effects move across the markets.
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Obviously, global energy markets got a jolt, with oil prices rising, and we saw nervous investors turning from stocks to bonds.
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And oil prices kept moving throughout the week, notably after President Biden suggested on Thursday that U.S.
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officials are considering whether to support an Israeli strike on Iranian oil facilities.
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But the stock market's collective focus turned back to the U.S.
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economy and the latest largely upbeat data around the labor market.
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The big market mover being Friday's payrolls report, which bolstered expectations for the Fed to cautiously proceed with future interest rate cuts.
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On a weekly basis, all three major indexes ended with small gains.
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And on Friday, the Dow notched its 34th record close of 2024.
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Global automakers are hitting some roadblocks.
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Stellantis, which makes Jeep and Chrysler, cut its full-year earnings outlook on Monday, adding to the list of recent warnings from overseas automakers.
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Volkswagen slashed its guidance that Friday before, plus Mercedes-Benz and BMW downgraded targets earlier in September.
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Stellantis said it faced weaker demand across many of its markets and said it would accelerate costly plans to trim its bloated U.S.
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inventories.
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And around the world, we've been seeing car sales shifting into reverse in recent months.
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According to the data provider Global Data, August volumes were down 4 percent year over year.
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So, surprise, Stellantis shares stalled out on Monday.
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Showing 761–780 of 2,691 · page 39 of 135
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