On the other side we have some saying 10year yield are going to zero. I dont want to think of a world of zero interest rates. 0 for the u. S. Treasury seems like an excessively pessimistic forecast. We have had the recovery, its coming to an end. If you believe the Business Cycle is coming to an end, that call makes sense. Now the Central Banks are falling into line and cutting rates. When we get this polarization of use, it tend to be close to regime changes. Something is going to give. That is the journey we are on until Something Different happens. Jonathan joining us to discuss is lisa hornsby, gershon distenfeld, and noelle corum. A big call from bob michele. A multiyearr call, looking for the 10 year treasury yield to go to zero. Your thoughts . Noelle that makes sense if you think recession is kind of lumen ooming, but that is not our base case. We are not seeing signs of a recession. We dont expect the fed to be on a fullblown cutting cycle. We are only going to see two this ye
A 5 billionwith fine off it scandal. Shery lets get you started with a quick check of how the markets closed in the u. S. To recordor indices saw a highs with the s p 500 topping 3000 for the first time. The dow gained. 9 . Tech in industrials leading the gains. The Energy Sector saw some gains as we had crude rallying on the potential impact of Tropical Storm bailey very. Barry. \ we had Producer Price inflation looking affecting the outlook of the Federal Reserve. Witht seeing record games the s p 500 gaining for a second consecutive week. Lets see how the markets are setting up as japan is away on holiday. Sophie investors wanted to contend with a stronger yen, which is below 1. 08 against the greenback. Eased theirhave earlier advance. Marginally higher. Could be set for another day of gains. Could see another day of close record closes. Tested as the be japan and korea spat wears on. We were expecting a cautious a data dump await from china, economists predicting the slowest annua
Tremendous reinflation over the next 10 years. On the other side we have some saying 10year yield are going to zero. I dont want to think of a world of zero interest rates. That is where we are heading over the next couple years. 0 for the u. S. Treasury seems like an excessively pessimistic forecast. We have had the recovery, its coming to an end. If you believe the Business Cycle is coming to an end, that call makes sense. Now the Central Banks are falling into line and cutting rates. When we get this polarization of views, it tend to be close to regime changes. I am not saying we will get there right away. Something is going to give. That is the journey we are on until Something Different happens. Jonathan joining us to discuss is lisa hornsby, gershon distenfeld, and noelle corum. It is a big call from bob michele. A multiyearr call, looking for the 10 year treasury yield to go to zero. Your thoughts . Noelle that makes sense if you think that the recession is kind of lumen, but th
On the other side we have some saying 10year yield are going to zero. I dont want to think of a world of zero interest rates. U. S. Treasury seems like an excessively pessimistic forecast. We have had the recovery, its coming to an end. If you believe the Business Cycle is coming to an end, that call makes sense. Now the Central Banks are falling into line and cutting rates. Polarizationt this of use, it tend to be close to regime changes. Something is going to give. That is the journey we are on until Something Different happens. To discussoining us is lisa hornsby, gershon distenfeld, and noelle corum. A big call from bob michele. A multiyour call, looking for the 10 year treasury yield to go to zero. Your thoughts . If you think recession is kind of lumen but that is not our base case. We are not seeing signs of a recession. Fed to be onct the a fullblown cutting cycle. We are only going to see two this year and that will be enough to get growth back on track, which right now we are
We did it jof delivered we did it jofra delivered hes the guy england, world champions the uk, france and germany have made a joint appeal to President Trump and irans leaders to ease their standoff over Irans Nuclear programme. They say the deal reached with iran could unravel further and everyone involved should consider the consequences of their actions. It comes as leaked diplomatic cables reveal that the former British Ambassador to washington believed the us president pulled out of the deal to vandalise president obamas legacy. Our Diplomatic Correspondent James Robbins reports. Most of the Current Crisis in the gulf can be traced back to irans controversial nuclear research. Britain, france and germany still hope to keep alive the 2015 nuclear deal which limits this work, but President Trump abandoned it last year in favour of increased sanctions, and iran says it is now breaching the deal because its not delivering the promised economic benefits. This evening, theresa may, Emma