to rush in immediately and take down the gunman. he was set to take his place on the city council tonight. we ll tell you what the town s mayor is saying about that. and the latest in the debate over gun reform. more on what the key players are thinking and saying ahead of a senate meeting that is scheduled for today. along with joe and me today, we have former aide to the george w. bush state departments and white house, elise jordan. and the host of way too early, jonathan lemire. the white house bureau chief at politico. the senators led by chris murphy and john cornyn of texas will hold a meeting tonight. many issues should be held at the state level, but they said mental health, background checks, and red flag laws are something congress can address. after spending four hours with families on sunday in uvalde, the president returned to the white house and expressed hope that republicans will go for reform. he also discussed the limitations of his power on this issu
we ll tell you where that legislation stands right now. a key component of russia s propaganda machine is at risk as bloggers embedded with russian troops are fed up with the repeated failures and are now voicing concern. good morning. welcome to with the morn mornin it is monday, may 16th. we start with the very latest on that deadly shooting in buffalo over the weekend. the white house says the president and the first lady will visit the city tomorrow to, quote, grieve with the community. speak at the national peace officers memorial service in washington yesterday, president biden addressed what the department of justice is investigating as an act of racially motivated domestic extremism. a lone gunman, armed with weapons of war and hate-filled soul, shot and killed ten innocent people in cold blood. we must all work together to address the hate that remains a stain on the soul of america. our hearts are heavy once again, but our resolve must never, ever waiver. w
Cook. He will talk about product, politics and terrorism. Conflicting reports from Banco Popular paired popular. Is there a buyer waiting in the wings . Just 30 minutes until the open of stocks in europe. First off, lets check. Qatari stock market, right now what you are looking hang on for a second is yesterdays trade. Yesterday we saw a drop of 7. 3 , the biggest for qatari stock by9 after they were cut off four other gulf nations including saudi arabia. Today, we are seeing a less steep drop for qatari stocks. Down at about 2. 2 to an even 9000. We will keep a night on middle eastern stocks has this problem is being worked out. President trump assures the world he is going to step in and deescalate the situation. As far as futures are concerned in European Equity indexes, take a look at my screen. This is a weei screen. Youk on the futures box and get the mispriced calculation by bloomberg. Like we will see a down open across the board, the exception of the ftse in italy and the omx
Of and amazon joins in. That is the elephant in the room for us, what are they going to be tomorrow. It is concerning, but from a credit perspective you have an opaque business model. You dont have a lot of disclosure to the markets and that makes it tough for us. Identity make you see across the market, still after we are well into a fed hiking cycle, the borrowing costs are still near the lowest they have ever been. It remains a good time for corporations to borrow money. There is an ongoing demand for yield. The fed has gone through a process of slowing downward shoot adjustment. Its happening at a glacial pace. All of the companies have taken advantage of huge demand so they are issuing long bond at tight spreads. So, the Corporate Market has extended quite a bit. Central banks around the trillione brought 60 worth of assets. They have to buy something and go somewhere. Joining us, lets talk about the 40 year security that amazon came to market with. The amount of duration is incre
From jackson hole. At 8 30, we get u. S. Weekly initial jobless claims. Then july existing home sales. Attention is raised join us to set the stage is matthew boesler. Janet yellen says it she is going to talk about Financial Stability. What does that mean . Matt im looking forward to what she has to say on this topic. We got a wide range of views on Financial Stability in the latest minutes of the july fomc meeting. The Financial System is so much stronger now than it was in previous expansions. We shouldnt have to worry as much about the Financial Stability because the fed has been doing its job on a regulatory front. Theres one participant in the stressed raisingmade rates gradually would be the best way to strike a balance between maintaining Financial Stability and its inflation and employment goals. Its not clear yet what is the consensus about using Interest Rates to address Financial Stability concerns or not. David that is one of the questions if you take Interest Rates and Ba