James freeman. Much made of the inversion of the yield curve between twoyear yield on the treasury and the 10year, but what do you make of the markets right now . Well, we had really a trifecta, the poor numbers out of china with Industrial Production worst numbers in 17 years. We had a poor number for germany, gdp negative, second time in four quarters, fourth largest economy, the Worlds Largest economy in europe, of course, the inversion of the 2s to 10s that weve all been waiting on. We have seen other parts invert. This is the one recognized being symbolic for, predictor of possible recession and i think that most of the reaction was about. But as we look at the numbers and relative, mixed Economic Data, unemployment is still low, wage gains are still there, i think yesterday was reaction to a lot of scary data that came in, but we are still positive about the markets and we think that weve got some runway head here. Dagen lindsey to that point, the 10year yield closed 1. 596 . I w
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Good monday morning. Welcome to squawk alley. Were at post 9 this morning jon fortt is off this week also joining us on the phone today from morgantown, west virginia, is kara swisher. Good to have you with us this morning. Busy day this morning merks ceo stepping down from the president S Manufacturing council. Weve been looking at that story. Good morning. Heres a statement from ken frasier of merck our country strength stems from the diverse contributions made by men and women of different faiths, race, sexual orientations and political beliefs. As a matter of pefrnl conscious, i feel a responsibility to take a stand against intolerance and extremism. That resignation by ken frasier of merck did not go well with the president who put out a tweet shortly thereafter, really within the hour saying that now that ken frasier of merck resigned from the manufacturing ago council, hell have more time to lower ripoff drug prices so the president going on the offense here against ken frasier
The embattled singer accused of threatening a woman at gunpoint in his home. What the star is now saying about that incident. Fiery escape. The driver at a gas station backs into a pump, sparking a dangerous fire. The car behind him igniting with two children inside. How their mother sprang into action and helped save their lives. Today, wednesday, august 31, 2016. This is today from studio 1a in rockefeller plaza. Good morning, everyone. Welcome to today on this wednesday morning. Big, surprising news from donald trump overnight coming on twitter. We knew he would give a big immigration speech today. Now we found out hes going to travel to mexico and meet with the president there. Donald trump sent out a tweet saying hes going to mexico to anticipated speech on immigration. That comes later on this evening. We are going to hear from his Campaign Manager about the surprise trip in a moment. Lets begin with nbcs hallie jackson. Reporter good morning. Already this morning serious new bac
Threatening a woman at gunpoint in his home. What the star is now saying about that incident. Fiery escape. The driver at a gas station backs into a pump, sparking a dangerous fire. The car behind him igniting with two children inside. How their mother sprang into action and helped save their lives. Today, wednesday, august 31, 2016. This is today from studio 1a in rockefeller plaza. Good morning, everyone. Welcome to today on this wednesday morning. Big, surprising news from donald trump overnight coming on twitter. We knew he would give a big immigration speech today. Now we found out hes going to travel to mexico and meet with the president there. Donald trump sent out a tweet saying hes going to mexico to meet with the mexican president. That before the highly anticipated speech on immigration. That comes later on this evening. We are going to hear from his Campaign Manager about the surprise trip in a moment. Lets begin with nbcs hallie jackson. Reporter good morning. Already this