I want to talk about bond markets, for me this is where things get frisky. Japanese government bonds they are defying me, but what you are seeing the government bonds have been negative in germany, the japanese went in tandem. Is it fear inflation or what is it . Is it deflation or fear of a bigger route of the equity markets. John williams says june is reasonable everybody is pushing and hedging and migrating their view on where the euro will go. Will the rate cycle happen this year . Can it happen this year . Global bonds are at their lowest yield since 1996. 1. 21 on a global basis. Does it create asset bubbles elsewhere . Not my job to know. 44 points for seven is where we are on west texas intermediate 44. 47 is where we are on west texas intermediate. There you go, oil is on lower. Three stocks which are in focus today. A little bit of retail. W m morrison looking for a new ceo, a stock up Dalton Phillips steps down or is stepping down. His performance is underwhelming. He delive
You and i have never met until 10 minutes ago, but i have to say i feel as if i know you after so many years of reading your terrific books. Youve given me and most of the people here tonight tremendous pleasure. As i think one critic from your book said being able to get lost in a wonderful story and come out days or weeks later feeling as if youve learned something. So you do both things i appreciate what you do so much. To make Something Like an historical trilogy. That is tiny little pieces. I learned on the cbs and is issued to journalism. Is that true . Is close to the truth, yes. My first job was University Reporter in the south with echo, which is my hometown newspaper. And it worked for the london evening news and it is true that my car broke down and they couldnt afford to get it fixed. I went to the bank and ask them i needed 200 pounds which was at a lot of money in those days. I has to think for a long and they said no. The colleague on the newspaper of course we are all v
Stephanie because i heard Rush Limbaugh expound on healthcare yesterday and i thought you might have some thoughts on it. Does he want to know if oxycontin is covered . Stephanie i dont know if i have insurance or not. His thoughts are really someone who can afford their own healthcare out of pocket. Thats someone that really has a grip on exactly what the average person goes through. I think hes in touch with the common man. Stephanie exactly. All right. In the meantime, heres nurse jacki in the current news center. As expected, cory booker has won the democratic nomination land go up against republican steve for senate. The popular mayor of newark won about 60 of the vote with 90 of precincts voting. His closest opponent, Frank Pallone came away with 20. If booker wins the special election on october 16th as he is extremely likely to do, he will serve out the remaining 15 month of lautenbergs term then would have to run began in 2014. Egyptian Security Forces in cairo are cracking do
White house, with what we are working on . I also want to make one more point. As this bereaving was starting, we got a statement from ty cobb the president s special council, who said the white house will continue to cooperate with special counsel Robert Mueller. Trying to tamp down the controversy swirling all of this. The president promising to hire only the best people. I want to bring in Msnbc National Security contributor Michael Schmidt who broke this story this morning, about the indictments that were coming down as he has broken sao many stories. Let me get your overall take, it is, as we have become accustomed to, so fast moving that 15 Different Things happen from the time your paper goes to press in the morning, and the time, you know, we reached 1 00 and 2 00 hour here. Whats your take . Whats your take on where we are right now with all this . It was my colleague who broke the story this morning. And he deserves all the credit for that. But the thing that was interesting
There. A couple of cruise ships skipped hawaii. Outside of the Volcano National park, things should be up and running as normal. Tourists are largely unaffected. Im dave briggs. 5 00 a. M. In the east. 11 11 00 p. M. In hawaii. We check in there in a moment. Now he demanded it and now they get a chance to review highly classified documents of the russia investigation. They agreed to share the information over the use of confidential intelligence during the 2016 campaign. This after the president met with three officials at the white house. Lets get more from senior White House Reporter jeff zeleny. Reporter dave and christine, it is another development with the ongoing war with the Justice Department. Fascinating moments on monday here at the white house. When the Deputy Director of the department of justice, rod rosenstein, who is supervising the russia probe, talked for an hour monday afternoon. The result of it is essentially the department of justice is going to at least look into