Look at europe. Those numbers are even stronger. You want to see this thats what i was thinking. Wow is that because of our deal here we dont like crises crisis averted. Yeah. Only adding another 300 crisis kicked down the road. Right it gets interesting when you think about the timing of when the next will be treasury yields at 2. 055. Hes like the cnbc app. Youre like a human version of the cnbc app. Joe just recited it before the show began like rain man i decided since you you may or may not know thank you. I cant sleep. Im like cramer, up at 2 00, answering people on twitter. Talking to people. Trying to help at 2 00 in the morning youre doing this no cramer is. Cramer at 3 45 is. I know. Yeah. Its decision day in the uk. The conservative party suspected to name a new Prime Minister today at about 6 45 a. M. Eastern time well bring you that decision as it happens former london mayor Boris Johnson is seen as the clear favorite theresa mays successor will take over tomorrow afternoo
Of state. As secretary of state. She was sworn in on friday after rose a resigned in response to angry street test street protests. Mike pompeo has teased a potential run for the white house. He weighed in at the Economic Club of washington in an interview with David Rubenstein. Sometimesrience is one people get close to a president , they say, i can get i can do that job too. Has that occurred to you echo would you have any interest occurred to you . You have any interest in running for president . I have never been able to predict what my next gig would be. I do have an obligation. If i thought i could do a good turn, there is nothing i would not consider doing for america. Mark you can see the entire interview on the David Rubenstein show at 9 00 p. M. New york time here on bloomberg television. Kim jongun says north koreas latest subtests are a warming a warning to the u. S. He is trying to pressure the u. S. End joint ella terry exercises with south korea. Secretary of defense say
Back over to you thats going to be a topic of more importance as we get through the back half of the year ylan, thank you. A move to crypto now, especially facebooks libra. The president took to twitter to say hes not a fan of bitcoin or other cryptocurrencies adding, quote, facebooks will have little standing or credibility. Libra a major topic on capitol hill during the fed chairs testimony. Take a listen. We agree that libra raises a lot of serious concerns. And those would include around privacy, money laundering, consumer protection, financial stability, and those are going to need to be thoroughly and publicly assessed and evaluated before this proceeds now weve got mark cuban sitting down with deirdre last night, saying that facebook is out over its skis. Im not a big fan of what theyre doing there. I think its a big mistake not so much because of what will happen here in the United States, but what will happen globally theres going to be some despot in some african country that
At the Capital Exchange event this morning making a ton of news. Closing the deal. Ibms 34 billion acquisition of red hat has closed both ceos will be with us in just a moment. As we said, pepsi beats the street, strong snack and beverage sales backs the 2019 forecast Hugh Johnston will join us straight ahead. Futures lower ahead of tomorrows capitol hill testimony by fed chair powell. Moments ago at the Capital Exchange event in washington, larry kudlow offered his views on the fed to our kelly evans. Take a listen. Price signals suggest as they have all year going back to last autumn that last policy move in december was unnecessary and i think they could take it back. Price level stability, steady dollar, is what the fed should aim for in my view among the things he said, defended a rate cut this month, said no effort to remove powell at the president time. Mnuchin, lighthizer may go to china. Larry is the happy warrior in this era everything he said made me feel better, made the ma
Earlier losses closed at a record high. Thats kind of where our road map starts as it often does investors shrugging off Global Growth concerns. Stocks set to rally at the open. And records still within striking distance. Plus, broadcom eyeing symantec, my reporting added to bloomberg yesterday which broke the story. And mine. And jims give you more details. And pot shakeup, bruce linton out, telling cnbc he was fired from the Worlds Largest publicly traded cannabis company. Somewhat extraordinary. No. Wait. Having him on talking about being fired. Want him back all right lets talk about stocks. Looking to set a new milestone this morning s p 500 on track to open at an all time high. That would be the second time this week. Yesterday the index posted its seventh record close of the year take that, Global Growth concerns, take that, what did we get from edp this morning . Adp, 38,000 jobs less than expected created so what . So what i think melissa had some great commentary in last show