On squawk box, mohammed el. S p giving back about 40 of the gain from friday. If you look at a longterm chart, its hard to identify these conflict points as being turning points. That being said, the market is in a rational, localized way, punishing those groups that seem like theyre going to be, perhaps, disadvantaged, like the travel related. You get a bit in defense and energy. Its reflex. Theres a lot else going on. We kind of had a cushion because oil prices backed off from their highs. Treasury yields, theyre proxies based on futures and etfs look like theyre easing back a bit as well. You know, i think sentiment was already pretty reserved. It wasnt like everybody was bullish and excited. Therefore, there wasnt a lot of Risk Appetite to immediately take out of the market. On oil, is there a sense it does anything more than set a higher floor . I dont think so. You can make the case in either direction, it doesnt have much impact or this geopolitical risk premium that should be i
Stocks this year some are up more than 90 . Will investors ride the rally on into 2018 . Weve got your gaming playbook power lunch begins right now. Right now we are lower today across the board, albeit slightly telecom is leading and ralph lauren, Dollar General and target are among the top perform earns. Goldman sachs is seeing Current Quarter earnings reduced by 5 billion due to the new tax law on the verge of ending as the best performing down stock with a 90 gain, crude is holding above 60 a barrel and could end the year above that mark for the First Time Since 2013 now, with only three hours left in the trading year, the down track for roughly a 25 gain, that is around 5,000 points in one year the New York Stock Exchange is here with more facts and figures on a great year for stocks hello. Hello the big question is, will the news continue into 2018 . There was a lot of it. The s p rose 20 , the best return since 2013 when it rose 32 , just about a perfect market everywhere the s
And less cash in home buying and lender underwriting. Weve talked a lot about some loosening in the market. More adjustable rate loans and even interestonly loans coming back. Freddie mac made some changes when it comes to student low debt as well. That should give branks and nonbank lenders a boost in earnings for the year. We actually have more housing data out today. Mortgage makeses edging up ever so slightly 0. 1 last week but existing home sales, thats where i really want to focus in on because they came in quite strong. Right . Yes, mandy. Were seeing healthier sales in june. Prices, not so much. Sales gained a larger than expected 3. 2 in june for the month, up 9. 6 for the year. Thats the strongest monthly pace in over eight years. But they came at a very high price. The median existing home price hit 236,400. Thats the highest ever. It is due to tight supply up less than half a percentage point from a year ago, just 2. 3 million homes for sale. It is also due to more expensiv
On American History tv on c. Fan 3 we are here to review the major findings of our full investigation of fbi Domestic Intelligence including the cohen tell program and other programs aimed at domestic targets. Fbi surveillance of lawabiding citizens and groups, political abuses of fbi intelligence and several specific cases of unjustified intelligence operations. The 1975 Church Committee hearings convened to investigate the intelligence activities of the cia, fbi, irs and the nsa saturday night at 10 00 eastern the commission questioned former associate counsel and staff assistant to president Nixon Tom Charles houston on a plan he plent presented to president nixon using burglary, electronic surveillance and opening of mail. The bureau had undertaken black bag jobs over a number of years up until 1966. It had been successful and valuable, again, particularly in matters involving espionage. And that they felt this, again, w something given the climate they needed to have the authority
North koreans pick up on this middle finger mentality. They feel that chinas trying to koreart its hegemony over. Of course, it leads to meddling. So it doesnt surprise me when relations sour. Theim shocked more by people same by the fact that people seem perplexed by the souring of relations between china. Orea and as recently as the mid2000, chinas aid to north korea was was up and down. It hasnt been consistent. There have been periods of andnse, you know, mistrust souring of relations. This is something to again, Something Else to keep in the back of your mind as you are reading reports in the newspaper about the relationship with china and north korea. Decades,e past seven their relationship has i would say, you know, at one point i went through and tallied up. Out of the past 70 years, this is when relations were pretty okd versus, you know, just versus really bad. And it was, in fact i would say that the majority of the years unfortunately, i dont remember them off the top of my