Date
Summary
John Lonski Appears on FBN’s ‘Varney and Co.’ To Discuss Markets
Source
Fox Business Network

Name: Fox Business Network
URL: http://www.foxbusiness.com/index.html
Show
Varney and Co.

Name: Varney and Co.
URL: http://www.foxbusiness.com/on-air/varney-co/index.html
Persons
John Lonski

Name: John Lonski
Employment: The Lonski Group
Position: President
Event
Event location
–
Link
–
Original recording
Uploaded
08/06/2024 12:08 pm
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Type
Video
Format
MP4 (1280x720)
Use clipper to adjust file type
Duration
0:02:55
Views
4
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Transcript
RUSH TRANSCRIPT Our award ░░░░░░░░ trading platforms Unlock support ░░░░░░░░ the schwab trade desk ░░░░░░░░ team of passionate traders ░░░░░░░░ live and breathe trading ░░░░░░░░ sharpen your skills with ░░░░░░░░ immersive online education crafted ░░░░░░░░ for traders All so ░░░░░░░░ can trade brilliantly At ░░░░░░░░ tunnel to towers we ░░░░░░░░ a commitment that commitment ░░░░░░░░ to make sure that ░░░░░░░░ word homeless and the ░░░░░░░░ veteran are never in ░░░░░░░░ same sentence again We ░░░░░░░░ in bradenton right now ░░░░░░░░ tunnel to towers has ░░░░░░░░ help homeless veterans who ░░░░░░░░ to get out of ░░░░░░░░ get into a better ░░░░░░░░ of their life it ░░░░░░░░ a great partnership between ░░░░░░░░ tunnel to towers and ░░░░░░░░ county to be able ░░░░░░░░ provide housing for the ░░░░░░░░ that need it most ░░░░░░░░ shelters homes It s ░░░░░░░░ just a place to ░░░░░░░░ it s actually wrap ░░░░░░░░ services and that s ░░░░░░░░ is so impressive As ░░░░░░░░ who fought on the ░░░░░░░░ edge of freedom these ░░░░░░░░ my people These are ░░░░░░░░ brothers my sisters the ░░░░░░░░ we fought beside one ░░░░░░░░ the hallmarks of military ░░░░░░░░ is the only people ░░░░░░░░ it that sticks with ░░░░░░░░ I know that every ░░░░░░░░ who raised their right ░░░░░░░░ and swore to support ░░░░░░░░ defend our constitution against ░░░░░░░░ enemies foreign and domestic ░░░░░░░░ have things that we ░░░░░░░░ inside of us what ░░░░░░░░ to towers is doing ░░░░░░░░ this village is helping ░░░░░░░░ that have mental health ░░░░░░░░ needs We have veterans ░░░░░░░░ suffer every day And ░░░░░░░░ to have this facility ░░░░░░░░ service our veterans that ░░░░░░░░ in so need it ░░░░░░░░ the pride is just ░░░░░░░░ We want to make ░░░░░░░░ that when our veterans ░░░░░░░░ coming home that they ░░░░░░░░ coming home to something ░░░░░░░░ actually feels personalized and ░░░░░░░░ for them That s ░░░░░░░░ home That s a ░░░░░░░░ with dignity and walls ░░░░░░░░ air conditioning It s ░░░░░░░░ I was able to ░░░░░░░░ through one of the ░░░░░░░░ homes today That moved ░░░░░░░░ heart I m just ░░░░░░░░ you it did when ░░░░░░░░ walked in And it ░░░░░░░░ help the heart of ░░░░░░░░ veteran That s what ░░░░░░░░ important The care and ░░░░░░░░ give and the love ░░░░░░░░ tunnel to towers has ░░░░░░░░ our veterans is amazing ░░░░░░░░ people that donate to ░░░░░░░░ to towers they are ░░░░░░░░ That eleven dollars is ░░░░░░░░ your life because your ░░░░░░░░ and it s changing ░░░░░░░░ else s to do ░░░░░░░░ It just an honor ░░░░░░░░ be involved with it ░░░░░░░░ is all that is ░░░░░░░░ in America And I ░░░░░░░░ incredibly proud to stand ░░░░░░░░ them They matter They ░░░░░░░░ lives You should support ░░░░░░░░ You ever try cashbacking ░░░░░░░░ s earning 3 at ░░░░░░░░ with chase freedom unlimited ░░░░░░░░ I can save on ░░░░░░░░ special for a first ░░░░░░░░ Wait That s all ░░░░░░░░ a first date Whoa ░░░░░░░░ c mon earn big ░░░░░░░░ chase freedom unlimited with ░░░░░░░░ annual fee How do ░░░░░░░░ cashback Stuart a modest ░░░░░░░░ after a big loss ░░░░░░░░ Dow up 200 Please ░░░░░░░░ it was down 1 ░░░░░░░░ yesterday NASDAQ back up ░░░░░░░░ points and 0 93 ░░░░░░░░ brought with him stock ░░░░░░░░ Uber I own a ░░░░░░░░ sliver of uber be ░░░░░░░░ what you say Good ░░░░░░░░ you Earnings came out ░░░░░░░░ morning and stock sold ░░░░░░░░ after a big runoff ░░░░░░░░ up over 7 on ░░░░░░░░ I would say wasn ░░░░░░░░ a good quarter it ░░░░░░░░ a great quarter Over ░░░░░░░░ billion dollars in net ░░░░░░░░ and use it rides ░░░░░░░░ the platform on the ░░░░░░░░ and almost 3 billion ░░░░░░░░ on the flat form ░░░░░░░░ eats doing great Uber ░░░░░░░░ doing great Guidance in ░░░░░░░░ keeping stock down over ░░░░░░░░ and the report showed ░░░░░░░░ consumer is still very ░░░░░░░░ still using uber and ░░░░░░░░ the way they get ░░░░░░░░ use ugg uber eat ░░░░░░░░ uber eats Stuart I ░░░░░░░░ in to some degree ░░░░░░░░ your recommendation but I ░░░░░░░░ it because that s ░░░░░░░░ global a global company ░░░░░░░░ a new idea for ░░░░░░░░ to use technology and ░░░░░░░░ That s why I ░░░░░░░░ into it It was ░░░░░░░░ great buy and people ░░░░░░░░ going on the platform ░░░░░░░░ the company needs to ░░░░░░░░ is know how to ░░░░░░░░ those people on the ░░░░░░░░ and getting almost 3 ░░░░░░░░ rides over a three ░░░░░░░░ period and people are ░░░░░░░░ and they ll figure ░░░░░░░░ ways to generate more ░░░░░░░░ from the people using ░░░░░░░░ platform Stuart Amazon You ░░░░░░░░ it Where s it ░░░░░░░░ Love Amazon This recent ░░░░░░░░ from 200 down to ░░░░░░░░ Big Tech got hit ░░░░░░░░ and this seems overdone ░░░░░░░░ in Amazon here and ░░░░░░░░ back to 200 for ░░░░░░░░ it ll get there ░░░░░░░░ you That s a ░░░░░░░░ nice return and remember ░░░░░░░░ Amazon reported earnings They ░░░░░░░░ become so big and ░░░░░░░░ how to create profits ░░░░░░░░ they re big and ░░░░░░░░ at what they do ░░░░░░░░ remain as top issue ░░░░░░░░ voters this election Jeff ░░░░░░░░ joining us from Philadelphia ░░░░░░░░ Stuart they say it ░░░░░░░░ and that s a ░░░░░░░░ quote before you get ░░░░░░░░ at me Philadelphia county ░░░░░░░░ carried by President Biden ░░░░░░░░ years ago but 85 ░░░░░░░░ the vote and that ░░░░░░░░ whether Democrat or Republican ░░░░░░░░ we talk to all ░░░░░░░░ the economy is not ░░░░░░░░ for them I personally ░░░░░░░░ like the economy is ░░░░░░░░ right now Less pay ░░░░░░░░ expenses and bills going ░░░░░░░░ and rent going up ░░░░░░░░ s pretty bad I ░░░░░░░░ three jobs to break ░░░░░░░░ every month and I ░░░░░░░░ a master s degree ░░░░░░░░ Columbia and the economy ░░░░░░░░ pretty rough Everybody is ░░░░░░░░ about economic situation I ░░░░░░░░ 578 I think the ░░░░░░░░ you know in large ░░░░░░░░ has done well Our ░░░░░░░░ government has absolutely ruined ░░░░░░░░ Can t afford life ░░░░░░░░ make six figure as ░░░░░░░░ live in the city ░░░░░░░░ can t afford life ░░░░░░░░ t even afford to ░░░░░░░░ out like we used ░░░░░░░░ reporter what do you ░░░░░░░░ for the future Well ░░░░░░░░ on how the election ░░░░░░░░ I m hopeful or ░░░░░░░░ m moving to Ireland ░░░░░░░░ didn t confirm which ░░░░░░░░ challengely would make her ░░░░░░░░ move to Ireland This ░░░░░░░░ being in the dumb ░░░░░░░░ plan to vote for ░░░░░░░░ president Harris because they ░░░░░░░░ t stomach Donald Trump ░░░░░░░░ very democratic town Stuart ░░░░░░░░ knew you were going ░░░░░░░░ say that Jeff Just ░░░░░░░░ it You re all ░░░░░░░░ See you again soon ░░░░░░░░ Lonski is with us ░░░░░░░░ morning He s a ░░░░░░░░ but I m going ░░░░░░░░ ask him to address ░░░░░░░░ market this morning You ░░░░░░░░ saying if we can ░░░░░░░░ on don t sell ░░░░░░░░ will prove us right ░░░░░░░░ just stay in because ░░░░░░░░ ll get a bounce ░░░░░░░░ Tell me about history ░░░░░░░░ s an experience and ░░░░░░░░ to the market selloff ░░░░░░░░ was precipitated by the ░░░░░░░░ recession and October 2007 ░░░░░░░░ March 2009 However if ░░░░░░░░ just held onto your ░░░░░░░░ to be in October ░░░░░░░░ 2007 and sell nothing ░░░░░░░░ P 500 then proceeded ░░░░░░░░ increase at an average ░░░░░░░░ rate in excessive 8 ░░░░░░░░ we include dividend income ░░░░░░░░ till yesterday That s ░░░░░░░░ heck of a selloff ░░░░░░░░ peak to trough in ░░░░░░░░ and the yet you ░░░░░░░░ get average annual return ░░░░░░░░ excess of 8 That ░░░░░░░░ pretty good Stuart moving ░░░░░░░░ the stock market to ░░░░░░░░ housing mark We ve ░░░░░░░░ this survey Justice Department ░░░░░░░░ saying homes will stay ░░░░░░░░ whether or not the ░░░░░░░░ cuts rates for a ░░░░░░░░ time to come John ░░░░░░░░ might it come time ░░░░░░░░ first time home buyers ░░░░░░░░ be able to buy ░░░░░░░░ After the next recession ░░░░░░░░ think we ll go ░░░░░░░░ a period of home ░░░░░░░░ deflation We have to ░░░░░░░░ home prices down and ░░░░░░░░ we have to have ░░░░░░░░ mortgage yields to makousing ░░░░░░░░ for the first time ░░░░░░░░ buyer and that recession ░░░░░░░░ not be that far ░░░░░░░░ I look at some ░░░░░░░░ that labor market data ░░░░░░░░ recession could start as ░░░░░░░░ as this October and ░░░░░░░░ would imagine it s ░░░░░░░░ to pop up at ░░░░░░░░ point within the next ░░░░░░░░ months That s the ░░░░░░░░ step to getting home ░░░░░░░░ lower and of course ░░░░░░░░ a recession you ll ░░░░░░░░ looking at a match ░░░░░░░░ 10 year yield I ░░░░░░░░ the 10 year yield ░░░░░░░░ the next recession will ░░░░░░░░ down to 2 5 ░░░░░░░░ is average It s ░░░░░░░░ the average of 2017 ░░░░░░░░ to jeer year old ░░░░░░░░ to approach 3 to ░░░░░░░░ housing affordable for the ░░░░░░░░ time home buyer That ░░░░░░░░ lady on TV degree ░░░░░░░░ Columbia and has to ░░░░░░░░ three jobs This economy ░░░░░░░░ in need of a ░░░░░░░░ and perhaps part of ░░░░░░░░ correction will be a ░░░░░░░░ in leadership in Washington ░░░░░░░░ this November Stuart coming ░░░░░░░░ a few weeks ago ░░░░░░░░ like if companies even ░░░░░░░░ AI shares went straight ░░░░░░░░ Looks like air might ░░░░░░░░ coming out of oturu ░░░░░░░░ AI bubble if you ░░░░░░░░ to look at the ░░░░░░░░ Feel athletes setting records ░░░░░░░░ olympics and swimmer and ░░░░░░░░ won eight swimmer won ░░░░░░░░ medal between the two ░░░░░░░░ them The female domination ░░░░░░░░ Paris games That s ░░░░░░░░ Everywhere but the seat ░░░░░░░░ seat is leather Alan ░░░░░░░░ get it You love ░░░░░░░░ bike We do too ░░░░░░░░ s why we re ░░░░░░░░ s number one motorcycle ░░░░░░░░ But do you have ░░░░░░░░ wedge it into everything ░░░░░░░░ I don t do ░░░░░░░░ This reminds me of ░░░░░░░░ bike The wolf was ░░░░░░░░ the size of my ░░░░░░░░ motorcycle Have you seen ░░░░░░░░ by the way Happy ░░░░░░░░ grandma Really Look how ░░░░░░░░ brushstrokes follow the line ░░░░░░░░ the gas tank Hey ░░░░░░░░ Brought my plus one ░░░░░░░░ Protect against rsv with ░░░░░░░░ Arexvy is a vaccine ░░░░░░░░ to prevent lower respiratory ░░░░░░░░ from rsv in people ░░░░░░░░ years and older Arexvy ░░░░░░░░ not protect everyone and ░░░░░░░░ not for those with ░░░░░░░░ allergic reactions to its ░░░░░░░░ Those with weakened immune ░░░░░░░░ may have a lower ░░░░░░░░ to the vaccine The ░░░░░░░░ common side effects are ░░░░░░░░ site pain fatigue muscle ░░░░░░░░ headache and joint pain ░░░░░░░░ is number one in ░░░░░░░░ vaccine shots Rsv Make ░░░░░░░░ arexvy When the sawdust ░░░░░░░░ and the engine finally ░░░░░░░░ the thing you care ░░░░░░░░ most is a job ░░░░░░░░ done But when you ░░░░░░░░ your tools from harbor ░░░░░░░░ something about the job ░░░░░░░░ a little different Your ░░░░░░░░ Because we believe no ░░░░░░░░ what you re working ░░░░░░░░ you need high quality ░░░░░░░░ at a great price ░░░░░░░░ that s what we ░░░░░░░░ all about Whatever you ░░░░░░░░ do it for less ░░░░░░░░ harbor freight What will ░░░░░░░░ do when the power ░░░░░░░░ out Power outages can ░░░░░░░░ unpredictable and inconvenient but ░░░░░░░░ a generac home standby ░░░░░░░░ your life goes on ░░░░░░░░ Because when your generac ░░░░░░░░ a power outage it ░░░░░░░░ powers up giving your ░░░░░░░░ the security and peace ░░░░░░░░ mind they deserve We ░░░░░░░░ t have to worry ░░░░░░░░ whether we lose power ░░░░░░░░ not.
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