Other words, they can keep it going. On the border, around 10,000 migrants a day are still coming through, but the democrats are in denial. Squad member arianna Ayanna Pressley says the border is secure. Elon musk needs to go down there and show the world whats really happening. Hes in touch with reality. I wonder if hes got a solution. To the markets, a rally for stocks on this last day of the week, last day of the month for trading and the close of the quarter. The dow could be up over 2 to 00 points at the opening bell, and just look at that nasdaq. At this moment up nearly 1 . Thats premarket. Interest rates holdingstep ed, actually declining a little. The 10year yield at 4. 5552 4. 52. Just yesterday it was 4. 690 and change. The 2year just above the 5 level, 5. 002. Rates down, stocks up. Politics. The president attacks what he calls the extreme maga ideology. He says it is an existential threat to the u. S. Political system. He said that just as impeachment hearings lay out the
Trading days of what is shaping to be a weak month in quarter. High pressure this morning after it offered weaker than expected. Sanjay mehrotra will join us later this hour. And a Company Named ryan cohen as ceo. Lets begin with the markets. We mentioned what the yields were doing today. Jim, 50 basis points. I said that we would have the d inversion and that you couldnt really be excited about the stock market until the 20year, which is at 4. 1. It is now at 4. 98. Crosses over the feds fund rate. That would be where you can finally say this market is getting interesting. It is oversold. But we cant seem to find any supply of oil near 100. 100 is supposed to bring out some supply and in the oil companies. But i dont want to give up here because this run has been so bad and it needs to consolidate. Heres what i will come up with. We will have a test, i believe. I actually know the time, 1 43, 1 42. Thats when we bottomed yesterday. Actual time of day. That was yesterday, youre saying.
If you want to look at what is happening in the u. S. Equities this morning, you will see green arrows dow up 25 points right now you have the nasdaq up 1 the s p is up 4 points it is a complicated month. You have most of the major averages on track for the worst. Dow down the last six of seven sessions a lot of questions about what comes next and comes from the fed. Is a recession coming . Will they land softly . It is an interesting use of the word interesting above 4 6 the inversion widened a bit. We will see what happens today crude Oil Prices Surging to the highest level in over a year we are talking above 93 brent at 96 a barrel. All of these questions mean what does it mean for inflation with energy picking up . The crude is off the highs of the session. Above 95 here. Not brent. It is a tricky time. Do you think it is always tricky. Sometimes we feel calm about things i would say investors have more sense of unease lately that is why you have the pullback in the major averages
Over much of the past three decades, i have been an investor. [applause] the highest calling of mankind, i have often thought, is private equity. [laughter] then i started interviewing. I watched your interview, so i know how to do some interviewing. I have learned, from doing my interviews, how leaders make it to the top. Jeff i asked him how much he wanted. He said 250. I said fine. I did not negotiate with him. I did no due diligence. David i have something i would like to sell. [laughter] and how they stay there. You dont feel inadequate being now the second wealthiest man in the world . Is that right . [laughter] about a decade ago, a young entrepreneur, Brian Armstrong, who was working at airbnb, left that company to start a company to trade cryptocurrencies. The company he started, coinbase, became one of the hottest ipos on wall street. This year, because of the ftx meltdown, coinbase has had some challenges. I sat down with Brian Armstrong to talk about the future of his compa
Over much of the past three decades, i have been an investor. [applause] the highest calling of mankind, i have often thought, is private equity. [laughter] then i started interviewing. I watched your interview, so i know how to do some interviewing. I have learned, from doing my interviews, how leaders make it to the top. Jeff i asked him how much he wanted. He said 250. I said fine. I did not negotiate with him. I did no due diligence. David i have something i would like to sell. [laughter] and how they stay there. You dont feel inadequate being now the second wealthiest man in the world . Is that right . [laughter] about a decade ago, a young entrepreneur, Brian Armstrong, who was working at airbnb, left that company to start a company to trade cryptocurrencies. The company he started, coinbase, became one of the hottest ipos on wall street. This year, because of the ftx meltdown, coinbase has had some challenges. I sat down with Brian Armstrong to talk about the future of his compa