Yesterday with donald trump in the oval office and he talked both sides of the question. Pres. Trump fortunately that drone was unarmed. There was no man in it. We didnt have a man or woman in the drone. It would have made a big difference, let me tell you. It would have made a big difference. I have a feeling i may be wrong and i may be right, but i am right a lot i have a feeling it was a mistake that shouldnt have been doing what they did. I want to get out of these endless wars. I campaign on that. This is a new fly in the old meant in the ointment. This country will not stand for it, that i can tell you. David but i dont to get into a war. We see two kinds of the sewing two sides of the coin within the president s and min within the president s own mind. Alix lets take a look at what is happening in the markets. Gold crashing up against 1400, and that is paired back a little bit as the missile strike was called off. Youve got s p rebalancing. All of that means a lot more volatilit
A couple of sectors are higher, including financials and energy. The 10 year yield has bounced back a little bit. It is obviously down two basis points now, but still at 2. 05. Topped 1400 overnight. It is back just below that important psychological level. , upe oil rallying up again 10 for the month of june for wti. Guy european stocks are lower today come but volume is sharply higher. ,s you say, quadruple witching but that doesnt have as much of an effect when it comes to index levels. Ratetrading at a higher than the dollar. We got the Energy Complex up. We certainly got a reaction to what is happening in iran. We also got a big reaction to the philadelphia refinery fire. Take a look at gasoline prices, trending up around 3. 5 . Vonnie we have a little bit of breaking news now. Someone else from the Federal Reserve weighing in, saying he was looking for a 50 basis point rate cut at the fomc meeting. Saying top of jim buller he thought a decrease was the way to go. Federal reserve
At 2. 06 on the 10 year yield, but more and more voices calling for more easing or less strengthen the economy, saidding rich clarida, who he would have cut this time around, and kashkari saying a 50 point basis cut is what he was looking for this time around. On earlier,dan fuss talking about 150 sometime this summer or early fall. The chorus is getting louder. Gold is off its highs. It did cross 1400, back at 1391 now. Crude continued backandforth on iran and other actors. Now,10 of 1 gain right 57. 53 on wti. Guy you run through some of those big said names. It is the story right now, trying to figure out exactly what the fed is going to do next , and a cut by how much. The fed vice chair Richard Clarida speaking earlier to bloombergs tom keene, telling him in an excuse of interview that the argument for cutting rates is getting stronger. Clarida there was broad agreement around the table that the case for providing more accommodation has increased since our may meeting. Clearly, we
Department. This is just over two hours. The committee will come to order. We are having a full hearing today on the nominations for several positions. Three very important nominations , department of transportation. We welcome the nominees and their families and thank them for their willingness to serve. First, we will consider the nomination of rear admiral and phillips ann phillips. Welcome. We are currently facing unprecedented challenges about reports of Sexual Assault the marine academy, investments into our port to ease congestion, and the need for strong leadership at the helm of the Maritime Administration. We are admiral phillips has significant experience in the u. S. Navy in many challenging situations, including operation desert shield, desert storm, in her capacity as director of the Surface Warfare for the chief of Naval Operations. After 31 years of naval service, she serves as a special assistant to the Virginia Governor with a focus on coastal adaptation and protectio
Department. This is just over two hours. The committee will come to order. We are having a full hearing today on the nominations for several positions. Three very important nominations , department of transportation. We welcome the nominees and their families and thank them for their willingness to serve. First, we will consider the nomination of rear admiral and phillips ann phillips. Welcome. We are currently facing unprecedented challenges about reports of Sexual Assault the marine academy, investments into our port to ease congestion, and the need for strong leadership at the helm of the Maritime Administration. We are admiral phillips has significant experience in the u. S. Navy in many challenging situations, including operation desert shield, desert storm, in her capacity as director of the Surface Warfare for the chief of Naval Operations. After 31 years of naval service, she serves as a special assistant to the Virginia Governor with a focus on coastal adaptation and protectio