Wall street for us so yes volatility continuing it looks like investors are still worried that increasing Interest Rates this year will hit corporate profits or is there more to it than. That is one of the major reasons and now we can officially talk about a correction because the markets are down ten percent from the recent highs and still nobody wants to talk about correct but that is pretty painful what were seeing right now the s. And p. Five hundred has seen a loss of about two trillion dollars in market capitalization just within about two weeks and if you look at it yes there is Economic Growth but how did we get there in the past also because of Debt Financing from consumers also from corporations and the government for sure as well private Household Debt stands at around thirteen trillion dollars thats a record Corporate Companies have taken about eight trillion dollars in debt in the past couple of years and now that rates and yields are increasing that becomes more expensive
Wall street for us so yes volatility continuing it looks like investors are still worried that increasing Interest Rates this year will hit corporate profits or is there more to it than. That is one of the major reasons and now we can officially talk about a correction because the markets are down ten percent from the recent highs and still nobody wants to talk about corish but that is pretty painful what were seeing right now the s. And p. Five hundred has seen a loss of about two trillion dollars in market capitalization just within about two weeks and if you look at it yes there is Economic Growth but how did we get there in the past also because of Debt Financing from consumers also from corporations and the government for sure as well private Household Debt stands at around thirteen trillion dollars thats a record Corporate Companies have taken about eight trillion dollars in debt in the past couple of years and now that rates and yields are increasing that becomes more expensive
By adam weaver. If you look at the papers this morning, this is from the wall street journal, that the president is expected to soften the tone on the speech as far as tomorrows presentation. Darlene, what do we get a sense as far as tone eating into the speech tomorrow . Guest 1 the white house has said he is going to speak in more optimistic tones tomorrow. Contrast that with the inauguration speech he gave a year ago when he talked about american carnage and painted this very dark picture of the United States of america. He is looking to do a little bit of the opposite and be softer, more optimistic, more hopeful in talking about immigration and some of the other issues that we are going to hear him speak about. Eaver, not only will he address america, but the members of congress, what is he trying to sell to them on both sides . Guest 2 a couple of things. The white house has been talking about an infrastructure deal. They wrote out this 1. 7 trillion figure the other day that they
The week ahead with arlene super bowl and out weaver. Nina olsonadvocate talks about the new tax law and its implementation at the irs. Host the u. S. Capital, the site of President Trump us first u. S. State of the union, in which he is expected to take credit for the growing u. S. Economy and make a pitch for infrastructure funding. You can watch cspans coverage starting at 8 00 tomorrow night and you can go to www. Cspan. Org for more information. This is the washington journal 29th. Nuary immigration is the topic. Rate your partys efforts on immigration. Could be the debate on daca, dreamers, security policy, or some other aspect. Halfhour, we will hear from republicans only. Dont worry, democrats, we will get you in the second half hour. You support the president s plan on daca, 202 7488000. If you oppose that plan, 202 7488001. If you want to make your thoughts known on twitter, you can do so at cspanwj. Wait to hear from the party cost republicans, with a couple of things to sho
Since september. Bigdr pepper is todays winner surging on the news of a 18 billion approach from coffee keurig. Yo betty that is a lot of caffeine to start your morning with. We saw ageold in the treasury market. They, it was really about bond market, and that is spooking investors. I want to pull up this chart. The yieldlking about curve flattening, there was a miss read of that, and we know primarily a big reason for that is the shorter end of the yield curve was rising faster than the long curve. Now it seems the 10 and the 30, which were lacquered, is finally playing catchup. Given the movement we saw today, that catch up might move up pretty quickly. We talked about what a wild week it was for traders. Announcing how much issuance theyre going to be having for this year, and also the report is a recipe for higher yields, and also the dollar catching up with this rising yield. You heard analysts with reports saying it is not going to last they arebecause saying, you cant exactly re