Of the national bailout. The new contract, which will be reflected in a midterm land for National Reconstruction will respect rules of operation but will not condemn the Greek Economy with conditions for any irrational and unreal i may serve buses, another name for austerity. World war ii reparations from germany. Also speaking moments ago saying those who bet on a greek failure are playing with fire. European stocks are down and so are greek on spirit finance ministers meet on wednesday to discuss giving more money to grease. And nissan is raising its forecast for the year, being held by a weaker yen and stronger demand in the u. S. That may help the company offset the impact of russia and slowing growth in their own home mark it and slowing growth in china. And you have to pay more for your gas. The average price of regular gasoline jumped almost . 13 in the last two weeks to 200 to to dollar . 20 a gallon. 2. 20 per gallon. Falling prices have led to a slowdown in drilling. The cart
Benchmark Interest Rate. Thelive and well around world. Economic data in the u. S. 2 00, the Monthly Budget statement sometime today from a friend in washington. We will do more dislike whimsies and the mortgage. Monday. Ts up a quiet an amazing week of Economic Data coming up. Retail sales tomorrow. Ppi on wednesday, cpi, consumer inflation. And then housing data on friday. We will know a lot more about the American Economy as we go to through friday, which will be a good thing. What else do you have . The guys that give you internet when you fly around in the air will be before the bell. Will be after. With a great fiscal chart for you. , the euroeld, 2. 64 is mario draghi weaker or the press conference. Crude oil has done nothing since time began. Frothiness inthe the market. Russian ruble stronger. The russian 10year about nine percent. Hour twoyear yield still under after the yellen comments a week ago. Backis the budget deficit of the 1970s. There is the clinton surplus. Down we
Tom is italy, the Unemployment Rate dropping more than expected. Imf we have to go to the because it plans to raise Global Economic forecast. Christine lagarde telling reporters yesterday in nairobi, kenya. Chinas gasoline exports may rise 18 this year, according to an Economic Data in the u. S. Employment kicking off three days less claims tomorrow at 3 00 p. M. We have a read on consumer credit. Earnings before the bell constellation brands, monsanto, and after the bell, bed bath and beyond. Lets look at stocks, bomb bonds, commodities. The vi x nicely under 19. Nymex crude distances itself from 100 a barrel. Vix under 13. Winter wheat we did an interview yesterday, winter wheat, the snow protects it. Maybe 20 of the crop is affected. There is brent crude. And the dollar index, a little over 81. That is a big deal. Not like dow 10,000 but it is a big deal. Here is a quick look at the euro. Cristina alesci said flat unemployment. But here is the drop a big through 1. 36. New doubts ab
But. Initial jobless claims. 9 45, consumer comfort. A lot of home stuff. Here is one for scarlet do you let your voice shop at Abercrombie Fitch . They are too young for that. But now they can go in because the music has been turned down. You have to wear a shirt now . Thesgate they did hunger games franchise. Lets do a data check. Bonds, front and center. The 10 year yield is a recurring theme. Meeting is june 5. Vix, better than good. 11. 68, showing complacency out there. 30 year bond yield is john dropping. But do you do if you are running a longterm portfolio . Gold continues south. From the bloomberg terminal, a lot of lines. Yield, back german 20 years. Here is the trend. The red line is the trend. These are the standard deviations. This is logarithmic june. Here is draghi. We came back, this is the new rollover. Fivetwo, three, four, standard deviations off a longterm trend. This is game changing. When you are five standard deviations away, that is like 99. 9 of the time you s
For the members the journey started in 93 but for others sooner. I have a thing for dates so january 30th, 1992, i was returning home from boston to d. C. We had been fighting or i should say fighting i should say nicely advocating on behalf of other family members with lawmakers about issues related to the Victim Compensation fund. I was reading an article in the newspaper on the flight home. The article said president bush wanted to only have investigation into the intelligence failures that surrounded 9 11 and not anything else. I thought i was just an average, ordinary citizen who suddenly got caught up in a terrible tragedy like like so many others on september 11th. I couldnt imagine why the government wouldnt want to investigate to see it never happened again. We fought the 9 11 family members for many, many months. We have a lot of stories about that fight. Remember our rally in june, we didnt know d. C. Very well. Having a rally in june didnt send offend warning bells that it