A growth in new cases a study in the country finds that most people are puzzled by the lock down route. A mistake has been incredibly music we dont know what it looks like. Today its too long to leave. Just pages and pages of. One minute past 2 pm here in moscow this saturday the very 1st day of august a very warm welcome to r. T. International my names union on the. President trump has announced hes bombing the popular chinese video sharing up to talk washington is worried that beijing could use the platform to spy on us users the application has millions of phones around the world. A wave of generations aid creativity tightly woven into short clips taylor needing little encouragement takes a look at who else in the u. S. Believes theres more to take talk meets the. Nice face that. Why dont internet would be better and in the us no they cant be they wouldnt do that twice we greatly concerned that the Chinese Communist party could use its control of it to dont to distort or manipulate
Alongside lisa abramowicz, im jonathan ferro. Tom keene back on monday. The equity market unchanged right now on equity futures. It is the bond market tickets your attention. The worst week for 10 year treasuries going back to june. Lisa very low rates, but it seems like theres at least a little bit of a concern creeping in about the record bond issuance from the u. S. Government. The question is whether this is a momentary blip. Today, people seem to be treating it as a buying opportunity. Jonathan so far, so good this week in terms of expectations. Claimed yesterday, positive relative to expert patients. Cpi hotter, ppi hotter than expected as well. Perhaps fueling that moving treasuries and not just the supply story. Lisa weve had this conversation over and over again, the idea of lagging indicators. In a fastmoving pandemic where you get states reshutting down and people losing confidence, and people are looking to the july sales data shown the last retail sales gain before unemplo
Surged as lead by amazon well have more on that in a minute jim cramer said it feels insane. Im wrong to say that at the moment u. S. Equity futures at this hour show you how it stands. Well have another day in the green. Dow up 230 points. S p 500 up we should show you treasury yields now at. 0617. All i do is think about my 10year mortgage i dont have a 10year you have a 30year, which you regret i wish i had a fiveyear arm. You could still have a fiveyear arm. You are giving it to the man you are. Giving it to the suits. We are seeing a bit for bonds and equity even higher a reach for safety even though we have a risk on. The eu has reached a breakthrough deal agreeing to 857 billion Recovery Fund it will raise money by selling bonds collectively disbursed to the maybe countries hit the hardest that do not have to be repaid many countries including germany had long opposed also agreed to eu budget of 1 trillion beginning next year brining the total spending agreement upwards of 2 tri
I will ask republican congressman roger wicker. More on that in making money. Charles so todays headlines are focused on a rise in covid19 cases although that has been the headline during the eightday rally for nasdaq. Of course, sick out of eightday winning streak for the s p. I had other concerns, including the concentration of winners in just a few stocks. Im not just talking about those momentum darlings. Only 42 s p s p names are higher for the years. Investors put a ton intos market. They pulled out 26 billion last week. The good news there are trillions of dollars on the sidelines. At some point a lot of that money will pour back into the market. The big question, of course is when. I would like to bring in kaltbaum Capital Management president , Fox News Contributor gary kaltbaum. Along with Capital Market chief strategist Katherine Rooney vera. Lets talk about this session. Gary, your concerns beyond the covid or maybe the covid19 headlines . We have two markets. I tell you 75
Should congress pay people to come back to work or cut the spigots off. I will ask congressman matt gaetz about that and so much more on making money. Charles stocks making a huge turn around this morning but i think several factors influenced pressure of selling in the last several sessions. The main problem i think is the fact that the market was and still is overbought. I take issue with blaming Retail Investors for being too enthusiastic. Second concerns about the economy as states do delay or reverse reopening plans. 10year bond yield plunged when it looked like we were on the verge of seeing massive rotation back into stocks. Fed action, accommodation has been fading, folks and wall street dithering. Wall street needs clarity from washington about what is going on there and playing the same old politics as usual. I want to ask to of my favorite experts, Gibbs Wealth Management president , erin gibbs and jack ablin. I will ask both of you in general, i will start with you, erin, t