Welcome to squawk alley. Im Carl Quintanilla live with Morgan Brennan at post 9 of the New York Stock Exchange. Jon fortt has the morning off. The markets have lost some gains as all eyes are turning to jackson hole Steve Liesman is there as the feds twoday annual economic symposium kicks off. Hey, steve hey, carl this is from our icon. But the september fed fund futures has now flipped from a small probability of a 50 basis point cut in september to a small probability that the fed remains on old just to be clear, a 98 probability that the fed does cut by a quarter, but it was like a 2 probability of a fed now its a 2 cut that the fed remains on hold in september maybe some of that coming from the sort of hawkish talk or less dovish talk weve gotten from two Federal Reserve officials here in jackson hole so far. I say so far, because theres a lot yet to come. Ill get to that in a second before we get to that, i want to show all of this sort of emphasizes the challenge of Federal Reser
They have a lane in the road but the curbs are pretty short. And they cover issues as they see fit. Matt goodman is Senior Advisor for asia and economics, and the us Governments National security staff, director for International Economics, white house coordinator for apack, Senior Advisor to the undersecretary for Economic Energy and Agricultural Affairs and department of state. The list goes on as well as private sector worked at goldman sachs, the Government Affairs office in london and jim show is with the carnegie education program. Previously served in the pentagon the office as Senior Advisor for east asia policy, the office of the secretary of defense and there he was responsible for Strategic Planning and policy Development Relations for japan. And spearheaded Regional Security cooperation issues, north korea, Missile Defense, Disaster Relief and Maritime Security and lived in japan and other parts of asia for a number of years. Past cronin holds the asia pacific security chai
Big tech earnings. First, stocks struggling to stay above the flat line the s p 500 up 0. 2 . Weighed down by banks and other older economy areas. The nasdaq outperforming up 0. 9 right now. Relief rally in amazon after some relatively reassuring results from the company last night. Tech also finally getting a bid after its been down more than 2 for the nasdaq this week its a painful week if youre in tech, even though fundamentally the big tech earnings havent been bad. It was a little reveal of how crowded the stocks had gotten and, perhaps, how much faith had been placed in them that they were going to be able to blow away numbers meta getting a little bit of a bid today, too its a little bit of a rethink of the immediate selloff in stocks like alphabet and meta that didnt necessarily seem to match up with the numbers. Checking on rates the tenyear note yield a little higher but still below 4. 9 and below the 5 level we reached on monday its been a busy week for Economic Data that gd
Targeted the zionist army with rockets and the nirim military base with rockets. On the other side of the war, some resources lebanese reported the attack of the Resistance Forces on the military positions of the zionist regime in the shabaa shrine and the kufrshu hills near the borders of lebanon and occupied palestine. Some sources also reported that an explosion was heard in the military outpost of the zionist regime, which is located in front of rus belida in southern lebanon. Another news is that the zionist regime invited its senior diplomats and ambassadors from several countries, including turkey, and the ambassadors of the zionist regime from maghreb, jordan and bahrain were also called to tel aviv. The zionist Army Continues to destroy the properties of the palestinian people, this time during karram in the west bank action loader. They destroyed palestinian cars. Palestinians emphasis on the right to return to their original homeland. The Palestinian Youth population gathere
Leave it there completely for their employees and the ministry of culture and guidance and the municipalities are listed below. We want to discuss todays economy table about how the information and statistical system of the employment Administrative Organization in general is going to help the government from its employees. He should make a policy in whatever happens. We have two systems , one is semanane pakna, and the other is semanane sina in general, where all the information on the payment of salaries of the employees is stolen. We want to talk about these first. Lets see how the state of Government Employees was and so on how many official employees does it have . Well, if you look at the statistics that came from the Employment Agency , there are one and a half million people, exactly one million and 5360 official employees of the government, of which 6846 are women and 85189 are men. As you can see, there are 31,000 contract forces, 12,000 labor forces, and 290,000 workers unde