Kevin describes a first-hand experience regarding a computer scam which freezes your computer and directs you to call a specific number. Also, Kevin talks about various states warning residents about scam texts and e-mails regarding unpaid traffic tickets or toll fees; Kevin talks about what to do and who to contact. The U.S. Census Bureau released the May New Home Sales Report; Kevin has the details, digs into the data, offers his insights and puts the information in historic perspective. From the skilled trades to management and professional roles to indirectly supported jobs; Kevin discusses the importance of home building and remodeling to the economy. Oil and gas prices react to demand causing falling U.S. crude oil and fuel inventories, highest gasoline demand since December 2021, Iran-Israel ceasefire reducing geopolitical supply concerns, possible Federal Reserve interest rate cuts earlier tha forecasted.
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43:56
America's Truckin Network -- 6/25/28
Federal Reserve Chairman, Jerome Powell gave his semi-annual report to Congress; Kevin talks about his testimony and offers his insights and opinion. The Conference Board issued their Consumer Confidence Index; Kevin digs into the details, puts the data into perspective, offers his insights and opinion. The Case-Shiller National Home Price Index was released yesterday; Kevin takes a look at the data and offers his insights. Kevin discusses our interest rates from the Central Bank versus other countries around the world. Oil and gas prices react to President Trump accusing Israel and Iran of violating the ceasefire, analysts seeing less risk to Middle-East crude oil supplies, President Trump easing sanctions on Iran's oil sales and increasing crude oil production from certain OPEC+ countries.
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44:56
America's Truckin Network -- 6/24/25
Kevin discusses the U.S. attack on Iran's nuclear facilities, offers his insights and opinion on some of the questions being asked. Kevin talks about some of the details revealed by an invitation only group of retired generals and members of the Israel Defense Force. Kevin talks about Fred Smith, founder and executive chairman, FedEx Corp., who passed away over the weekend. S&P Global released the results of their Purchasing Managers Index from the Manufacturing sector and the Services sector; Kevin has the details. The National Association of Realtors released the May Existing Home Sales report; Kevin discusses the details, offers his insights and puts the data into perspective. Oil and gas prices reacts no oil supply disruption yet from the U.S. attack on Iran, rumors of disruption in the Strait of Hormuz supply route, a attack on a U.S. military base in Qatar and pressure from President Trump to oil producers to keep prices low
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46:46
America's Truckin Network -- 6/19/2
After Federal Reserve Chairman Jerome Powell announced, on Wednesday, that interest rates would remain unchanged, he answered reporters' questions; Kevin reviewed the transcript and points out the inconsistencies with comments made during the press conference and previous comments over the last two years. The head of a different independent Federal agency agrees with Kevin and has called on Jerome Powell to cut interest rates or resign; who is it? Kevin has the details. Earlier in the month, The Federal Reserve Bank of New York, released their monthly survey of consumers' expectations for future inflation, which seems to contradict comments by Jerome Powell; Kevin has the details and offers his insights. Dollar General recently released their quarterly financial data; Eaton Corp. announced a major acquisition; Kevin has the details, looks at the data and offers his insights. Oil prices react to the on-going war between Israel and Iran, a Geopolitical risk premium is anticipated, the risk of Iran's oil production and ship traffic through the Strait of Hormuz.
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39:44
America's Truckin Network -- 6/19/25
The Federal Reserve Chairman, Jerome Powell, announced the decision to maintain a wait and see approach on the economy and left the interest rate unchanged; Kevin has the details, offers his insights and opinion on the decision. Kevin explains how the Fed's policy to keep interest rates high, affects credit card interest rates, business loans and home loans. The Atlanta Fed reported the GDPNow forecasting model; Kevin has the information and discusses the data. The U.S. Commerce Department released single family home starts, overall housing starts and new building permits; Kevin has the details, puts the information in perspective and offers his insights. The U.S. Labor Department released the Initial Jobless Claims Report; Kevin has the details, clarifies the data, offers his insights and opinion. Oil and gas prices react to possible U.S. involvement in the Israel - Iran conflict, possible disruption in the Strait of Hormuz, EIA data on U.S. crude oil inventories and comments from Federal Reserve Chairman Jerome Powell.
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