powering possibilities. called 1800 355899 decision de that us supreme court boys to rule two criminal liability plus soothing the nerves. democratic elected official out in force today, firming up their support for the president and insisting biden should stay in the race and breaking news, hurricane beryl now and extremely dangerous category four storm. the latest on the track and how it s already breaking records skis, cnn, breaking news hello, everyone. and thank you so much for joining me this sunday on fredricka whitfield. we ve also got breaking news from france, where moments ago, polls closed in, the, first round of historic parliamentary elections, the u.s. is watching closely as one of its closest allies in europe could see a dramatic shift to the far right president emmanuel macron, shocking everyone when he threw the country into a snap election, just weeks before paris is set to host the world for the summer olympic games. macron is gambling that a surprise
Good monday morning, welcome to squawk alley, im Carl Quintanilla with john fortt, Courtney Reagan is with us for the hour lucky to have her on a busy market day dow up 238, s p up almost 12 off the highs of the morning, but, obviously, on the heels of tax reform optimism. House and Senate Working to get something to the president s desk before the end of the year. A number of dow components hit alltime highs today home depot, mcdonalds, jpmorgan, and 3m thats just a sampling John Leibovitz joins us. Guys, happy monday not exactly sell on the news not exactly i think a lot of expectations was it was going to be a buy the rumor, sell the news i think part of it might be we didnt get the plan until late friday night, early saturday morning, but that said, based on the rotation we saw within the market away from large, towards mid and small, away from growth towards value, its been a pleasant surprise things have continued to move today the way that they have david, would you advise inves
Eurodollar. We are seeing a little bit more of dollar strength. We did hear from the European Central bank. One of its Board Members saying it should adjust its policy guide before the summer. It shouldnt have any problems in the inside of the asset purchases. Thats got the moves a little bit jittery. Its having an impact on eurodollar. Seeing a little bit of movement on those german bonds. , we have information from trumps first year. Later on, we get a view on trade in the global economy. Still to come, jim oneill. He talks emerging markets. To the firstaight word news. Nejra brent crude has gone through 70 for the first time in three years. Closing level yesterday. Hedge funds hit bullish bests. A view that opec and its partners will end their supply cuts early is spreading. All predicting a wind that will start from the middle of the year. Offeringgovernment is a proposal to bring on the taps. According to three people with knowledge, they are considering a plan to raise expenditur
Ready to move ahead with a major agreement of longterm funding for our armed forces, nor, our immigration policy. Bipartisan talks are underway on these issues and other key priorities. Copper my solutions are not out of reach. For now, Congress Plans to keep the government running. Shery welcome Bloomberg White house editor and chief correspondent kevin. Ofin, give us the just speaker ryans bill right now. It doesnt address immigration issues but it includes other things in their. Re. The continuing resolution is something to get out of the house of representatives, and will go nowhere in the senate. We have seen this time and time again in terms of legislative policies from speaker ryans cap. Ofy will try to get it out the house, but it is up to Mitch Mcconnell to carry the football into the end zone area right now, it is just not there. Im immigration, that is not enough to get key democratic support. Senate majority leader Mitch Mcconnell you remember that procedural term, that ess
Course, after a nice move yesterday, up moving along this market if you are happy about it european market, you asked and we answered. Spain and italy which we like to look at it as well one of the foreign markets the only good over night was the opening. I am not kidding. The olympics were good. 10yr note yield is the focus, 2. 84. More than we were yesterday. Tomorrow is the key question. Look at oil though you know stories today, well be the largest producer, bigger than saudi and russia. It is true. 10 Million Barrels a day and there is no place to put the stuff. There is not i know. The government relyinquishreg it is hard to have a lot of inflation and oil is considered one off. Thats ridiculous. It is important of the whole foods chain of every aspect. What people have been saying is expensive. I appreciate that now, i need to get to our road map. Wild ride market if you take what the futures are telling us in the early going here under armour sales the shares are doing somethin