Confidence ticking lower in november though still largely positive. Joining us for the hour is mark tepper from Strategic Wealth partners mark, welcome. Thanks for having me. Even as i just went through those different points that are driving the action today, weve got records again for the dow and the s p, albeit just barely. Right, yes. I mean, all investors are pretty much still riskon and whats most surprising to me is you have this news coming out of china where china is potentiallily bay lbalking at ae deal, but were at a new alltime high. The market has shifted from one of economic deflation to policy reflation and thats typically good for stocks, right a low inflation, Slower Growth economy is good for stocks over the next six to nine months, now would not be a good time to be underweight equities. You want to be pathetics right now. Is the trade deal priced into this market . I think completely, almost fully priced in right now. I think weve seen quite the runup over the cours
Very interesting. It is an a 2007 low. 10932 a week euro down a 10th of 1 . The big points, today boys come out today. Of course, on greece, janet yellen finishes her testimony over in the states. He speaks in lincoln of all places. Across europe, it is on a sixday winning streak. We are not going to make it seven. The cat 40 is pushing high as well. In the equity market in france just to get some stock movement. The big news was the watchdog in the u. K. In the Telecom Industry keeping and i on this particular company and the possibility of a breakup. They might have to push out the opening. Bt group down by 2 10 of 1 . Stock goes up by about one third of 1 . Climbing the most in some five years. Up by 1. 2 . That is in europe, lets head out to asia to get an asian market wrap. Yvonne good morning, jonathan. We see out of this greece drama there are new bailout terms anything in the green as a closed on the trading day. Shanghai, what a volatile day. A fourday winning streak for the n
morning, including some breaking news out of afghanistan. that s right. we begin there where afghan president hamid karzai s half brother was found shot to death at his home. ahmed wali karzai was the provençal council chief of kandahar. he suffered gunshot wounds to his head and chest according to hospital officials. a spokesman for kandahar s government said a guard killed karzai. the taliban says we ve seen the worst so far. excessive heat warnings and advisories posted in 23 states. the heat in many areas could reach 115 degrees. the heat wave is being blamed for one death in madison county, illinois. in oklahoma it was so hot, that part of a highway buckled. look at that. motorist was hospitalized after his bike hit the buckled pavement. in arkansas several communities have opened cooling centers. good rule of thumb in tis heat whatever you re doing don t overdo it. if you re going to go outside in heat like this better be drinking a lot of water before you come