Streak that sauz the shanghai rise 16 yeah shanghai was down by 2 today. Lets see whats happening in the treasury market right now. Yields back down below 0. 6 . We havent seen that for awhile. And joe, still chuckling a little bit about football and why we care this time around not the ivies . No. But anything i see this morning it was eric chemi. I realize out on the cliffs they have that full size cardboard cutout of me so then i was thinking, you know, next week if i dont have like being here some day, i might just put it right here just have something on a loop. Less taxes, less government, more you know a welcome respite plus they got sound theyre going to pipe in sounds like the tesla, you know, the motors i saw that. Theyre going to pipe in fans cheering and i read this stuff and we go, okay i want a cutout this makes sense. Put an entire stadium full of cardboard cutouts. Yes and we all go, yeah, that makes sense. But people would do it. Because i was thinking the camera would
This rally but also this volatility. Taylor you have been nailing this because we should have had a clue. Gold has been higher all day long and you were on top of that in the past few weeks. Romaine base metals up, too. Copper up 2. 5 in london earlier today. With regards to some of the positive stories. Pepsi did manage to finish the day higher, largely i presume on the back of that she does mac cheese. s mac cheese. Senior, avoid a Portfolio Manager and Asset Allocation head. Apologies for some of the technical difficulties. Lets talk about the earnings season, your general expectations, and whether valuations are in sync with that. Earningsms of startingons, you are to see revisions start to climb. The market is really looking towards 2021. On isg thing to focus central bank liquidity. That drives asset prices. When the economy is acting below potential and the quiddity is being pumped in, it tends to drive up asset prices. One thing we are watching very carefully is the growth rate
Alaska. Democrat wants to get rid of mr. Softy trucks because they emit too much gas. Organs got Refresher Course on gassing up vehicles, house bill 2426 allows selfserve gas at all hours. They didnt know what they were doing. Elon musk saying the fight with Mark Zuckerberg will be. Computer geek turning into zuckerberg 2. 0. Steve 8 01 on august 7, 2023. Donald Trump Legal Team facing 5 p. M. Eastern time deadline today to respond to federal prosecutor request for protective order in his latest criminal case involving the election of 2020. Brian trump wants judge recusal and venue change. Ainsley peter doocy joins us. Welcome back. Peter thank you. Nearly every elected democrat in town talking about all talk of biden doing something political is for political purpose. One democrat come forward to say hunter biden should be prosecuted if hes found guilty of anything. What we saw from the archer testimony was a very unflattering picture of hunter biden, no Material Involvement from joe
Lows with the indexes off by at least. 10 . The dow pretty much little changed. Last week we saw the s p 500 rebound from a sevenweek low. We are having nasdaq dont difficulty gaining any kind of traction without the catalyst of earnings anywhere. Alix the stocks you would think would selloff, you will see an Interest Rate rollover. Volume was light, all by double digits at this point in the trading day. Up not even. 10 , the smallest range in exactly a year. Was the last day summit move this little in a trading session. A couple of the big movers, the materials sector led the way today. Stories, months and so monsanto had a big move on the buyout announced today. The deal on oci is not going to , investors like the idea that they will not be putting that cash out there to make the deal happen. The stock got a little bit of a boost as a result. In the bond market you did see the two year yield into its way little higher, the 10 year yield relatively unchanged. That pattern remaining to
The third thing, the temperatures are nearing 90 degrees today. And the biggest track story this morning, the ramp closures. Two of them happening in akron. And so you have state route 8 southbound to 76 westbound, and then you have 77 northbound to 76 westbound. You have them right there on our map. And lets go outside. I want to show you what the odot views look like in the akron area. 76 is flowing just fine. Later on this morning, its going to be rough, and we know why because of the ramp closures. The major Traffic Alert in akron and odot officially starting a massive highway project on the central interchange and that is where meg shaw is live this morning and this is going to affect a lot of people. And this will a picture more than 100,000 drivers who take this interchange every day. And its already closed this morning. If youre hitting the road in this year this morning, listen up to the closures and detours. We have seen drivers stopping to figure highway trying to figure out