Points at the s p. The dow up 72 points the nasdaq looking to be higher by 32 points in asia we saw a pull back from yesterdays gains off the china u. S. Trade truce hang seng is off just a fraction over in europe, european equities are mostly higher the dax is up by 0. 8 . Perhaps europe is still digesting the news that Christine Lagarde will head the ecb. The first woman to do so treasury yields fell back below 2 yesterday and remains there right now. 1. 895 the global story here, the benchmark german bund yield has fallen to a new record low, negative 0. 385 right now. It was negative 0. 4 earlier. The italian tenyear has gone from 2. 8 to 1. 7 in the space of about three weeks. Lagardes appointment seen not just in the german bund yield as not potential hawk, she will be more dovish, but someone who can operate politically and avoid a clash on the italian budget. Both appointments being European Commission president and ecb president being german and french shows the power brokers,
The majors today ahead of those key earnings tomorrow. Yields, theyre lower across the curve today. We will continue to watch that. And which takes us to the talk of the tape. With stocks trading around record highs, is it time to lean into this bull market or step a bit back . Lets ask liz ann sanders. Shes schwab chief investment analyst, joining us live. Nice to see you again. Welcome back. Thank you very much. Happy tuesday, scott. You as well. What do you think of that question . Time to lean in or maybe take a few toes out of the market . Well, we have 9 trillion of client assets. I would ask who is the client, what the structure of the portfolio, whether they are on some sort of rebalancing schedule. I think periodically rebalancing is just a beautiful exercise especially if you make a portfolio base as opposed to structuring it around the calendar, which a lot of investors do. It will force us to do a version of what we know we were suppose to, which is add low and trim high. S
Live from new york city, good morning. What a week ahead. Nobody earnings two days away. Coming into monday nvidia earnings two days away. We are picking up on the sent of capitulation at Morgan Stanley. Mike wilson has a new year end price target, 5400. The old price target, 4500. A wider range of outcomes and opportunities. Lisa he talked about the fact it is getting harder and harder to have any broad assumption where the market is headed. A lot of analysts have been head fake by a lot of different cycles that are overlapping and prolonging this recovery. Annmarie Jonathan Mike wilson will catch up with us tomorrow morning. That follows Deutsche Bank lifting the 2024 forecast. Looking for 5500 year end. Annmarie i think the biggest data point we will get this week that will decide the direction in the short term is going to be nvidia. Going back to Morgan Stanley, macro outcomes have been in, increasingly difficult to predict as data has become more volatile. That is the theme on th
Steps taken to make sure theres never another tragedy like it. Reporter its been almost one year since 36 people were killed in oaklands deadliest fire. Over the course of 11 months, city Officials Say they have collaborated to form longterm sustainable solutions. Oakland is safer today than it was a year ago. Reporter december 2nd, 2016, its a date that none of these city officials will ever forget. Since that fatal night, oakland leaders have focused on six key areas. Bring buildings into compliance. Increase inspection capacity and enhanced protocols, improve interdepartmental communications, strengthen tenant protections, streamline special event permitting and identifying housing resources. They are working to get information on an online database when some records were kept on paper. How do fire inspectors collect data, firefighters when theyre doing inspections, and how does that relate to the inspections that are done by the Building Department . The use of mobile devices and t
And an astonishing view of earth can give you a view from space. Why the earths atmosphere is preekting and getting warmer. But we begin this morning with todays eye opener, your world in 90 seconds. He mashes his mouth to my lips, wet, and puts his tongue in my mouth. Faces Sexual Harassment allegations. Theyre calling on republican moore to step down from the race. This is nothing short of extraordinary. Republicans are one step closer to passing a tax reform bill. I get tired of the richest getting richer and richer. This bull crap that you guys throw out here really gets old after a while. Huge fire engulfed a Senior Living complex in west spes chesters west chester, pennsylvania. He busts a move. All that pittsburgh dominates to win. And all that matters Blake Shelton talks about how hes handling the tight. Ive been fat and ugly my whole life. Im going to milk this for what its worth. On cbs this morning. Are you ready for Cool Runnings 2 . Move over jamaican bobsledding team. Her