We started to see 210 spread first,the world, u. K. And then as that happened, investors steadily selling socks, nervous about this sign of a future recession, even though it typically does not happen for a year or two after the inversion. Investors are clearly nervous. Lets take a look that inversion and see how it is happening. Lots going on. What we are looking at, in white, japan, in yellow, the u. S. , and in purple germany. In blue the u. K. Germany is still inverted. Japan is slightly above. The u. S. Slightly above. In purple, because all of the yields are in negative, that is up 22 basis points. Very close. Investors worry a recession could be ahead. If we take a look at a sector check, that is bearish. Take a look at utilities. They are up just. 2 . In a sea of red, that stands out. Those are the defensive utilities, then you have high dividends. On a date yields are plummeting, those stocks look attractive. Take a look at tech in financials, those are lower. That is true for
Is not a leaf is not a freefloating currency, but it is market pressure pushing the depreciation. They are labeled a currency manipulator. Stick with us. We will talk about what that means in practice. Anna get Anna Anderson edgerson in washington. There is potential political fallout from the shootings and republicans are getting nervous about suburban voters. We always is the news get, is this the time that will , will lawmakers address the epidemic of gun violence . There is pressure on republicans to block to back common sense guncontrol bills. That is something wildly supported among the American People and something republicans could get on board with if they got political cover from the president , it became out strongly in favor of the proposals. David you have covered congress for some time and you suggest we have seen things like this before. The same thing we saw with senator rob portman from ohio, come out fairly emotionally and say he wants more guncontrol. Things like red
2018 . I have a commodity for my chart of the morning. It is not oil or copper. I also wanted to highlight gold because gold is near 1300 an ounce. It has been a stealthy rally into the end of the year. David youve got to admit it. I was doing golden 2008. David lets get headlines outside the business world. Worst doingemma its york cits fire in more than a quarter century. It went through a bronx killing 12uilding, people. The fire began on the first floor and spread it to the building within minutes. 170 firefighters were called to the scene. Is withoutgedy question historic and its magnitude. Our hearts go out to every family that lost a loved one here. Emma because the fire is under investigation. In india, at least 14 people were killed in a fire. The bamboo ceiling in the restaurant burned quickly and collapsed with people trying to escape. The police of fired case of culpable homicide against the restaurant owner. Transferea will hold a to a north korean vessel. That would amoun
Rescuers. Today the bay area is sending more people to help in florida. Kpix 5s anne makovec is live at Moffett Field with more reporter about 100 members of the local chapter of the National Guard are preparing to take off this morning. Many of them taking time off from their normal jobs to answer the call. Members of the 129th rescue wing and members of this team just got back from helping after Hurricane Harvey in texas. Here they are loading up their c130 planes for that mission. They got the call to redeploy a halfhour after they landed. 90 guardsmen performed search andrescue in texas saving more than 100 lives. Included in the teams highly trained rescuers. They are bringing two rescue helicopters with them to florida. Local firefighters are on the way to florida. Members of task force 4 left from oakland yesterday 80 people, mostly oakland firefighters many of whom were at Hurricane Harvey. They were summoned to florida two days after returning home from that assignment. Utilit
Years women arguing that we need more grant money, more donor financing and that has all been great. What we knew the Human Capital project is to say look ministers of finance, we will put on a ranking of where you stand in terms of your stock of Human Capital and what you are doing to increase your Human Capital. And where you come out on this list may very well determine how quickly you grow. The dynamicange from one in which the developing countries wait for the supply of funds to come in which they are demanding the best way to improve Human Capital. Tom take that over to myanmar, how does the world bank as this china ms. Institution, how do you deal with one country whether its a border of turkey or syria or what weve seen in myanmar . We are very concerned about what happens. Very specifically what we are ourg is we are continuing lending for programs on health, education, social protection. We are very focused on supporting the poor in myanmar. Which wer operation cant go forwar