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Me as well. Lets have a look at u. S. Equity futures at this hour. Decent day yesterday around about 1 in gains for the main markets sparked by big gains for oil prices. Were looking at gains once again today. Almost triple digit for the dow. 85 points in the green are u. S. Dow futures. The s p called higher by 11 points. The nasdaq by 32 points. Lets have a look at the yield on the ten year. Weve come away from that 1. 7 level we hit last thursday. Were close to 1. 8 . So risk sentiment has just improved over the last week or so. 1. 781 on the u. S. Ten year this morning. Now, Bank Earnings are likely to set the tone for the trading day. Jpmorgan set to post results shortly. The financial giant expected to report earnings of around 1. 26 per share on revenue of 23. 4 billion. This will be the banks first yearoveryear earnings decline in five quarters. Shares of jpmorgan since the start of 2016 up there for you now they are down 10 . Just over 10 . Theyre flat in premarket pretty much
And now, with the production schedule, ceo elon musk is responding to the naysayers and saying on the conference call, what i find ironic for the naysayers they transition from saying it is impossible to saying it is obvious. I say, wait a second is it obvious or impossible, because it cant be both. Who is right, chanos or musk, pete . Well, in the short term or the longer teerm term, it is chanos, and the reason i is a they is because they have had nothing but production issues for quite some time now, and the delays and the issues and now talking about ramping up, and going from 50,000 to 90,000, and supposedly getting 80,000 to 90,000 this year, and if they can get that number, it is impressi impressive. Phil lebeau has been talking about i, and it is ing a graggro get to that level, and the 500,000 level in two years from now, and it is amazing, scott. We know great drives, and people are going after the model 3, and everybody put the 1,000 down, and maybe over 400,000 now, but the
Secondly, even if we are producing okay a few hundred thousand barrels a day more, that in no way changes our linkage to the Global Oil Price and the exposure to a price spike. In fact, if anything, its both the fact that we are connected to the crude Oil Global Market and the fact that we are and i believe will continue to be major oil product exporters. We are exposed just as in that anecdote i gave about britain in 2000, we are exposed to the Global Oil Price spike and thats really the modern issue in terms of what the sprol does for us. Point being, if were allowed to compete in the Global Economy well have a more robust oil and gas industry in this country than well have if were not allowed to compete with a more robust industry were less dependent on the sprol . Again, im sorry, senator i dont its not only the eia but the other studies that have shown that by lifting the oil export ban, we not only, panned our industry we create more jobs and Economic Activity in our country so w
Groups inside syria from these three countries. I mentioned a lot of it is money being raised through social media, charities. A lot of times its kind of a complex situation where you have money thats being raised, allegedly or essentially for human train operations and then gets used for military purposes. So i think having a president chairing this Security Council meeting tomorrow, it will up the pressure on these countries to cut off the flow of money and funding to the Islamic State. And if you dont get in line, you know, you could potentially get targeted yourself. Not military but sanctions have always been a tool used is used to try to force countries banks, individuals not to provide money to terrorist organizations. I think that would be a big part of his speech, kind of outlining the conflict and how the financial element of it, the foreign fighter element of it, the ideology. Theres been a lot of diplomacy led by secretary kerry and others over the past few months to get th