Moment right now the dow is down by 33 points take a look at what happened to equity markets overnight in asia youll see that the nikkei was flat the hang seng was down by. 8 and the shanghai composite up by. 1 in europe theres active trading taking place in the markets. Youll see its a little bit of a mixed picture. Three major averages are weaker with the ftse down by. 5 . Italy and spain are seeing stocks higher and then finally check out the treasury market here in the United States. This has been the thing we started watching so closely yesterday. You did see an inversion of the yield curve with the ten year yield challenging the 2 year yield. Right nowits slightly above the 2year as it should be at least. That inverted slightly yesterday late in the session. Right now 10year is yielding 1. 581 the two year is yielding 1. 561 . Were getting close on that again. That and maybe this as well investors suffering a bit of whiplash this morning as President Trump changed his messaging o
Spending was five or six years ago and the air force is run down, the average aircraft 27 years, navy the smallest, army is run down and equipment around the world. You look around the world, the world is falling apart. We have to do the rebuild and do it fast. David john, it sounds like an upgrade. No, we dont, the 54 billion is way too much. That would render the u. S. The 7th Largest Military end inspector in the world. We dont have a problem of spending too much on a military. Were spending too much on a military that has too much globally that is nothing to do with our national defense. Cut defense spending and defend the u. S. David rich, its true as a percent of gdp our military spending is nowhere near where it used to be and nowhere near other countries. Russia spends on the military and we spend half that, 3. 3 , what do you think . Yeah, and we dont even know what chinas is. Look, i agree with steve, that the threats in the world are changing and theyre becoming increasingly
Spending was five or six years ago and the air force is run down, the average aircraft 27 years, navy the smallest, army is run down and equipment around the world. You look around the world, the world is falling apart. We have to do the rebuild and do it fast. David john, it sounds like an upgrade. No, we dont, the 54 billion is way too much. That would render the u. S. The 7th Largest Military end inspector in the world. We dont have a problem of spending too much on a military. Were spending too much on a military that has too much globally that is nothing to do with our national defense. Cut defense spending and defend the u. S. David rich, its true as a percent of gdp our military spending is nowhere near where it used to be and nowhere near other countries. Russia spends on the military and we spend half that, 3. 3 , what do you think . Yeah, and we dont even know what chinas is. Look, i agree with steve, that the threats in the world are changing and theyre becoming increasingly
Concerned. No and no. This is what a cover up to a crime looks like. Now, we know in the transition, the president s soninlaw met with a sanctioned russian banker with tied to putin. I think he needs to explain themselves, absolutely. And pulling back on obamas program. For the miners, get ready, youre going to be working your asses off, thank you, everybody. Thank you. Good day, im in for andrea in washington where House Speaker paul ryan is standing by devin nunez for now, but every day new details raise knew questions. Lets bring in halle jackson, and pete williams. Ca kacie, you spoke with representative nunez. The pressure is increases for devin nunez to speak more about what she doing and the pressure is to rescues himself. They all go to the heart of this question about the redability of the House Intelligence Committee. The ties into the russians and the trump can people or the transition, as well as that broader investigation and devin nunez came under increasing pressure and
Spending was five or six years ago and the air force is run down, the average aircraft 27 years, navy the smallest, army is run down and equipment around the world. You look around the world, the world is falling apart. We have to do the rebuild and do it fast. David john, it sounds like an upgrade. No, we dont, the 54 billion is way too much. That would render the u. S. The 7th Largest Military end inspector in the world. We dont have a problem of spending too much on a military. Were spending too much on a military that has too much globally that is nothing to do with our national defense. Cut defense spending and defend the u. S. David rich, its true as a percent of gdp our military spending is nowhere near where it used to be and nowhere near other countries. Russia spends on the military and we spend half that, 3. 3 , what do you think . Yeah, and we dont even know what chinas is. Look, i agree with steve, that the threats in the world are changing and theyre becoming increasingly