And musical guests, goo goo dolls featuring jon batiste and stay human. And now, live on tape from the ed sullivan theater in new york city, its Stephen Colbert cheers and applause stephen woooo thanks, everybody welcome happy tuesday. Have a seat, everybody. Thank you very much. Youre too kind. Welcome one and all to the late show. cheers every day, i wake up and think, things cant possibly get any worse. And every day, donald trump says, hold my filetofish. Im going in. Today is tuesday. Yesterday, monday, the Trump Administration finalized plans to weaken the endangered species act. booing for reaction, lets go to the american bald eagle. laughter applause . Stephen you get him. You get him. Gaw gaw there is one small piece of good news in this story the rules are not retroactive to past endangered species. So if youre already extinct, nothing to worry about. Youre good to go. The administration also announced on monday that, starting in october, poor immigrants will be denied perma
President. Road map begins with stocks moving lower ahead of the open, investors digesting trade war fears, latest jobs numbers, the uncertainty about the feds next moves. Trump tariff threats, the president promising to tax the hell out of china until a trade deal is reached. Oil prices recovering after the worst trading day in four years. Both exxon and chevron moving higher after reporting Quarterly Results this morning. Along with inline results for july, payroll gains were revised downward for both may and june the Unemployment Rate held steady at 3. 7 for a second straight month wage growth 3. 2 from a year ago, but manufacturing weak, year to date average 8k, works 22k last year and santelli pointed out, manufacturing work hours, the lowest since 2011. We know where this is all coming from. Were continuing to get a tale of two economies. Overall a healthy job report, came in line, better participation, better wage growth, a lot to be encouraged about, but there are pockets of we
Bond market barely budged today. Was todays rally the last best chance to sell we dont want to rain on anybodys parade we are sure a lot of people out there are very happy that stocks rallied today, but at the same time for an asset class, the bond market that has moved so, you know, extraordinarily in the past week and a half or so, for it to barely move today, thats a head scratcher. First of all, lets be clear. Love mariah carey whenever i can get her, especially in the heat of the august summer season. But what you are talking about is treasury is at three basis points we havent been here since 2007. You have a dynamic with the bond market, long bond about to set historical lows. Lets talk about the rest of the world. In germany theres zew Economic Confidence back in 2011 levels when we were talking about green chutes or so it seemed. If you think about the equity markets euphoria today and is it a gift from santa or truly just a reminder that the market is responding to headlines
Election. Ask ladies and gentlemen think governor of the great state of West Virginia the honorable jim justice. [applause] [applause] [applause] okay, sit down you all look like youre getting tired. [laughter] you have got to clap a lot tonight. I will get to the meat and potatoes in just a Second Period but i want to thank you credit want to thank you from all of us. All of my family in every way for all of the years and all of the time we have spent together. Bickering at times but hopefully loving each other in the end. An absolutely loving West Virginia it that matter what. Now, if i could make some incredible introductions here. It is just this. I would like to introduce my family. Especially kathy he has to put up with me all of the time. And please give it kathy and jill and jay a big round of applause, please. [applause] [applause] okay. The members of my cabinet and i really do not see need going through each secretary but in thinking about it maybe i should. Because of all t
Election. Ask ladies and gentlemen think governor of the great state of West Virginia the honorable jim justice. [applause] [applause] [applause] okay, sit down you all look like youre getting tired. [laughter] you have got to clap a lot tonight. I will get to the meat and potatoes in just a Second Period but i want to thank you credit want to thank you from all of us. All of my family in every way for all of the years and all of the time we have spent together. Bickering at times but hopefully loving each other in the end. An absolutely loving West Virginia it that matter what. Now, if i could make some incredible introductions here. It is just this. I would like to introduce my family. Especially kathy he has to put up with me all of the time. And please give it kathy and jill and jay a big round of applause, please. [applause] [applause] okay. The members of my cabinet and i really do not see need going through each secretary but in thinking about it maybe i should. Because of all t