Dierdre the markets melissa markets in the mid of a rally, up50 points despite us air strikes in iraq and continuing bloodshed in the gaza strip. Two use fighter jets dropped 500pound bombs on isis strongholds just outside the kurdish capital of erbil. President obama reversing policy authorizing military action saying, quote, america is coming to help. We have James Frischling and barrons Senior Editor jack hough. How do you explain the Market Reaction to all this . If the markets were tanking we would blame it on the bombing. Melissa absolutely. I dont think there is any connection. What peel look at with stocks. There is possibility of fed unwinding stimulus on the market. That could hurt. You think about why the fed is doing that. Because the Economic News is pretty good. I think in the long run this pause in stock returns is good news for stock investors. I think there are some buying opportunities. Melissa james, the world is falling apart though the why doesnt the market seem wo
Jan net yellin is speaking. Yellin is behind closed doors. Both of them are i believe. Et, think we get with jan the its not going to be too far out. Weve got a prepared data check, we look at commodities, i struggled. Futures flat, im going to call that negative 1, everybody getting the bond call one over the last 12 months. 1. 3278. Weaker, crystals and pyramids to make up this screen. The vicks, 11. 76. Again, great equity markets back over 17,000. 30year boppedyearold, i use 2. 30 as a bench mark. We are beneath that. And the german 10year yield is under a 1 . This is what janet yellin confronts in jackson hole to the block berg terminal. This is the beginning of the financial crisis, were all going to die, up we go, this ill be the big debate. This, adam, is the backdrop that she faces. Well, i tell you what, can we just go to the chart one more time because i want to point something out. Pull that chart up one more time. Theres the correction. This is the correction. The 4. 2 of
Situation. This is private industry that is out there. This is private industry drilling or fracking that helped that. There are some people saying that probably two months from now well see an even more supply that is coming online at that point well be filled up in terms of the storage we have and that excess capacity would go straight to the open market. Some people predicting that could put extreme pressure on prices. Did we roll over the contract . It was down at 42. Youre right. Thats a may contract. Expiring may 15. Thats down about 2. 5 percent. I like the idea. Were a cartel. Weve been, you know pillaging and plundering the world for 25 years but now were out of control. Will you other nonoutput guys come with us . Thats their way of saying its never going to happen. They know the United States is its not fair. Its not fair if the nonopec members arent cut uing. United states is a bigger producer than saudi arabia at this point. I love seeing them. Pay back big time. Hopefully
Gm. Today, it got even worse. Now, there are now accusations that a gm defect may have led to hundreds of deaths. All those stories and much more coming up on the kudlow report, beginning right now. Good evening, everyone, im larry culled level is the kudlow report. We are live here, 7 p. M. Eastern, 4 p. M. Pacific. Now the crimean referendum will take place on sunday Russian Troops overseeing the whole thing. That will lead to a monday deadline from secretary of state john kerry. Kerry met with Russian Foreign minister, Sergei Lavrov today. Nbc newss Steve Sedgwick joins us from kiev with details of that meeting. Good evening, steve. Reporter ukraine remains on tenterhooks friday as lastditch talks to avert the referendum down in the crimea on sunday failed to create a solution with the kremlin and the west still at logger heads. John kerry after his talks with Sergei Lavrov says the russians should respect the efforts that have kept peace. Secretary of state john kerry said a refere
But our Cash Payments and checks into the government. We dont do that since it very, very different being. Our desires is not to hurt the rwandan people. Our desire is not to cut them off from essential support for agricultural education or health programs. In the regional sanctioning individuals within the Rwandan Government would not in any way hurt individuals and frankly the argument you are making, i served on this panel and begin my surveys in 1983 in sanctioning south africa. There were people who said he will hurt innocent people if you do so. Sometimes the egregious firm is so compelling that a statement needs to be made. Minimally we would sanction individuals in the Rwandan Government. Mr. Chairman, encourager requesting your concerns. A day to ask her second pin with a great way to the Witness Panel beginning with steve haydee who was hurt and served for three consecutive mandates as the armed groups experts on the drc. Investigate and coauthored reports submitted and prese