Inflation data still to come later in the week. So, theres a lot ahead of us obviously. Also worth noting today, the bond markets closed but importantly bond futures suggested a muchneeded rate relief could be on the way tomorrow as yields look as though theyll be decidedly lower. It will be interesting to see how that cycles through the equity market, but perhaps some of it already is. Our talk of the tape, the risk reward for your money and whether its about to get better as some are suggesting. Lets ask adam parker, founder and ceo of trivariate research. Interesting turn in the market. Yeah. You think it is in part because of what the futures are telling us bond yields could do tomorrow and well get some relief . I think so. You have weird days when the bond market is closed anl the equity market is open and the value of a lot of the Growth Stocks, as you alluded to, is correlated or associated with the perception about rates in the future. I think when you get a risk off trade, th
Nasz d nasdaq up as well. Oil is up 4 . And we want to look at the defense stocks because those are leading industrials higher. Moves are huge. As you can see, major moves across the sector as we 1k3ek9s to expect to see more demand for the Defense Products and against dollars now both in the u. S. An broad. And also look being at Companies Based in israel, because those are mostly lower today as you can see on this board as well. And lets begin with a bit more now on the human impact of this war. Josh letterman is in london for us with all of the latest. Reporter the death toll among israelis has climbed to at least 800 according to officials including those Nine American citizens that the United States confirmed earlier today were among those that had been killed. And on the palestinian side, gaza health shorauthorities are saying at least 560 have been killed and 2900 injured. And throughout the day weve seen Israeli Military con kductg strike within the gaza strip. And we heard fro
right now, democrats are taking what lessons they can from last week s election. still riding high on big winds. that overperform. but the outlook in 2024 from the white house and now the senate is with the news that west virginia senator joe manchin, west virginia senator joe manchin is retiring, leaving a deep red state up for grabs. and polling continues to show president biden underperforming with democratic voting blocks. get reelected next year. meanwhile, the presidents presumed opponent in 2024, donald trump, is ratcheting up his rhetoric on the campaign trail, calling his rivals vermin, and touting an immigration policy amidst deportation, even more extreme than his first term. all this as his fraud trial is set to resume monday in new york. i last amok reddick jimmy harrison, how democrats should respond to all of this ahead of 2024. from the son charles five, to new york city council district nine joins me tonight. days after his resounding city counc
Charity is still getting 25,000. Then there were four. One huge hand and bill perkins has taken over the drivers seat in this tournament. Steve kuhn folds, over to jim chanos on the button. 20. He raises it up to 20,000. I like to raise more than i like limping. But with seven big blinds left, i prefer to see him take a page out of steve kuhns book and just go all in. Perkins not considering folding here. Hes trying to decide whether to call or go all in. Maybe its marios seat. Im all in. He does push all in. Thats easy. Its not the easiest call for chanos with his tournament life at risk, but its one he has to make. Right now perkins is a slight favorite. So we go to the flop. The flop is jack, seven, queen. Chanos pulls ahead with a pair of jacks. Understandably. Turn is the 10 of spades, chanos still in front. Perkins needs only an ace. And only an ace. Give him a king. The river is the four of hearts. Chanos wins a huge pot. Just like that takes it from bill perkins. Sometimes you
Welcome to the borgata in atlantic city. Were here in the level one lounge where six of the mostly powerful investors on wall street are about to put their money and their pride on the line all in the name of charity. Here are the ground rules. The buyin to be at this table, 50,000. Half of it goes to the players charity. The remaining 25,000 goes to the winners charity. The last man standing earns an additional 150,000 for his charity. The game is Texas Hold Em tournament style. Here to help lead us through all the action is a man who understands poker and wall street. Andy frankenberger is a jpmorgan trader turned professional poker player. He won more than 2. 5 million at the table. Hes the 2011 player of the year and the twotime world series poker champ. What makes an investor a good poker player . The top poker players are the ones who are going to the table, theyre going to evaluate the players around them and figure out what the best strategy is and they have to be willing to ch