Najarian and steve weiss and bob lebenthal. And so what are you seeing here with the end of sports a authority, and what about this pain . Well, the Sports Authority is the gift that keeps on giving, and i saw the big bankruptcy sign, and judge, did you see the same thing . 10 off . Who does a liquidation at 10 off . Nobody. You know what i did when i saw that . I marched out. Exactly. They better have a lot of money, because nobody is buying money at a place that has a 10 off going out of business sale. Just getting started. But is it going to hurt under armour, and all of these are a death by a thousand cuts, and yes, it is going to affect under armour, and nike, and also, to a smaller extent, but those aret not the big things, and the fact that the olympics are not something that is going to be nearly the driver that they have been in the past, and that is my feeling, because of zika and a whole bunch of other distractions, i think that people wont be as geared up for it. So i think
Of japan was fully consulted on this and as a result check out currencies. The yen jumping to a threeweek high on that news. Lets take a look at europe. This point the european markets are in the red. Germany down. The cac in france is down 1. 25 . The ftse in london off by half a percent. Take a look at crude oil this morning. This was a huge story yesterday. Wti dipped below 40 a barrel. Ended up closing at 40. 06. This morning up about 26 cents to 41. 31. This is a key number here. This has been the point where the s p has kind of linked back up with crude oil as crude oil comes down so have stocks at least at these levels. Well continue to keep a close eye on this today. All right. Now to the day ahead on the street. Sit another busy one. You will see the june personal income and spending numbers. Both are expected to rise. Roughly in line with mays number. Also out today julys auto sales. Dallas fed president rob kaplan speaking at a conference in beijing china in the next hour. I
Dont adjust your tv sets. What youre seeing is real. Oil prices are falling and the more they fall, the more they fuel turmoil in america and around the world. 47. 43 a barrel in crude trading today. We havent seen a price this low since april of 2009. And then the world was in economic turmoil. Back then, there was a recession that sapped the worlds demand for oil. But todays story is very different. New supply, fueled in part by americas fracking boom, is out stripping the demand around the world. Ands is not so much a demand problem, but a supply problem. So far they have fallen 55 from june of 2014, and Industry Analysts warn that oil prices might have room to fall more below 30 or 40. You might be saying, im enjoying these low gas prices but im going to tell you the other side of the story. That hit u. S. Stocks that fell 1 in trading. Against this backdrop, the white house promised to veto any legislation in congress that gives the go ahead to the intentional keystone xl pipeline
Dont adjust your tv sets. What youre seeing is real. Oil prices are falling and the more they fall, the more they fuel turmoil in america and around the world. 47. 43 a barrel in crude trading today. We havent seen a price this low since april of 2009. And then the world was in economic turmoil. Back then, there was a recession that sapped the worlds demand for oil. But todays story is very different. New supply, fueled in part by americas fracking boom, is out stripping the demand around the world. Ands is not so much a demand problem, but a supply problem. So far they have fallen 55 from june of 2014 and Industry Analysts warn that oil prices might have room to fall more, below 30 or 40. You might be saying, im enjoying these low gas prices but im going to tell you the other side of the story. That hit u. S. Stocks that fell 1 in trading. Against this backdrop, the white house promised to veto any legislation in congress that gives the go ahead to the intentional keystone xl pipeline
Dont adjust your tv sets. What youre seeing is real. Oil prices are falling and the more they fall, the more they fuel turmoil in america and around the world. 47. 43 a barrel in crude trading today. We havent seen a price this low since april of 2009. And then the world was in economic turmoil. Back then, there was a recession that sapped the worlds demand for oil. But todays story is very different. New supply, fueled in part by americas fracking boom, is out stripping the demand around the world. Ands is not so much a demand problem, but a supply problem. So far they have fallen 55 from june of 2014, and Industry Analysts warn that oil prices might have room to fall more below 30 or 40. You might be saying, im enjoying these low gas prices but im going to tell you the other side of the story. That hit u. S. Stocks that fell 1 in trading. Against this backdrop, the white house promised to veto any legislation in congress that gives the go ahead to the intentional keystone xl pipeline