Likely to know overshadowed. Polls are open in most of the country. With the presidency and control of the senate and house at stake, weve got your bases covered coast to coast. Live reports from battleground states all across the nation. Jim, you went into this pretty heavy last night looking at playbooks either way. What is your general thought about how to approach today . Were going to have a couple stocks tonight that win no matter what. I think the idea is i think from the very beginning, you go back to the day that trump started, it was about mexico. And mexico is a job taker. Mexico does make your products cheaper. But it is a job taker. And its a job taker in the sense that if youre mercedes or if youre bmw or if youre toyota, youre trying to figure out where to put a plant and youre indifferent whether you put a plant in mexico or the United States in terms of being able to reach california and new york, so the idea is that if you put a plant in pueblo, ksu is the winner beca
Lloyd blankfein saying that he could be great for that role. That is what you need to know. 1 trillion wiped out of bonds. That has only happened once in the last two decades. Joining us is andrew balls. He oversees more than 46 billion in assets. He joins us from london. Great to have you here. And unbelievable week and the bond market. Is the search for the yields over . Andrew unbelievable in many ways. You have seen a pricing of inflation in the u. S. , fiscal policy to be increased in the u. S. And the possibility of a pastor federal reserve. It all makes sense. You have to say there is a lot of uncertainty in the outlook. It is likely that under President Trump we will see more fiscal expansion in the u. S. There is a host of other uncertainties including trade. We have been expecting a , terming of risk premiums risk premiums, we are seeing that. There is a lot of uncertainty in yellow. Alix i am hearing from you that it is a dip. Is this sustainable at some point . Andrew you a
And the u. K. Supreme court now begins hearing theresa mays case. If she loses, is a hard brexit off the table . Matt we are less than 30 minutes from the european open. Take a look at futures. We are looking at red across the board for europe here. U. S. Futures have turned positive, however, in the last 30 minutes. Watch this space. We do see ftse futures down 1 3 of 1 . Dax futures down,. 4 . There is this turnaround in u. S. Futures. Guy yeah, the turnaround certainly is, matt. We will see how that develops as we work our way toward the cash open in europe. We do know the euro is under pressure and italian bonds are under pressure. We are training at 1. 0610. Today we have finance ministers meeting and so much going on in terms of the moving parts surrounding the single currency right now. We are moving lower. It will be interesting to see how we get into the italian banks. How will they trade . What happens with mps . What happens with unicredit . So much news still to be decided
Say these things. This say trend unfortunately we see. Nominees start out in support. They change their mind. Which suggests we cant wait out this issue. Its not an age issue. This is a concern about the public and that we keep hearing this concern that the public wont understand what theyre seeing, that they wouldnt understand oral argument is just a part of the process. They wont understand that the justices have to be harsh on both sides. They mied think someone is getting ganged up on. I find this to be concerning because it suggests that more information is actually going to be bad for the public, that the public needs to be shielded from information. It does seem to have an elitism to it that already those of us who do read the transcripts and li listen to the audio or read the reports from the Supreme Court press corps, that were the types that can understand where oral argument falls but tv would reach a different kind of audience who wouldnt understand it. I find this very con
Although it is important. I just find that my work both inside and outside of the federal government, you know, going to someone, anyone and saying hey, i would like to place a camera behind you so i can watch and scrutinize everything that you do in realtime tends to be a tough sell. So i tend to lead with more substantial arguments like, this does not reflect on the dignity of your job. So i think those are the three things that matter the most to me around transparency. And why i care about this issue. Good morning. I want to thank gabe for inviting me and tony and dahlia for hosting it. Im excited to be here. My skin in this game is pretty serious. I teach constitutional law at Georgia State in atlanta. Its ironic to me that the Supreme Court might be the least Transparent Court in the United States because at best i am with judge pozner that it is a political court. I in fact dont think its a court at all. To the extent there are transparency issues to begin with judges i dont thi