Markets as the president suggests it could be two weeks of pain for the country. The indices are lower by about 3 apiece. We are off our lows right now. Some treasury buying on the 10 year. We had a massive build in crude oil inventories. We did see crude oil dip, but we are back at 20. 51. Inventory is the least of market worry at this point. The dollar index 99. 64, just a little bit of lightening up in liquid if the issues and the difficulties in that market. Lets go deeper into the markets and see what the dynamics are. Lets get to kailey leinz. Day, noit is a risk off doubt about it. It was the worst quarter since all the way back in 2008. Today in the second quarter, not starting off on a very positive note. Europeerging markets to to here in the u. S. , all of the Major Industries major indices are down between 2 and 3 , though off of the lows of the session. Really dire warnings about the coronavirus and he told it will take on the economy and corporate profit outlook. Those fe
Vonnie in the united states, fractional gains for the s p, up about 0. 25 . 3. 3 two stocks, at t up on the news that elliott has taken quite a substantial , andion in the business part of that is that the stock rises by 50 , and that margins expand pretty rapidly. Up 3. 5 as well. It will be interesting to see what happens tomorrow at the investor day. Investors looking for all sorts of answers, including whether les wexner continues to stay at the helm. Guy sticking with the markets and the Global Impact of trade and a long list of geopolitical concerns, we are joined now by mark redman, omers global head of private equity. Big canadian pension fund, so youve got a pretty clear view of what is happening around the world, and probably you and your colleagues invest into most of it. Lets talk about what you guys see in aggregate. Its been a very long economic cycle. Is it likely to come to an end . Mark thats a great question, and thanks for inviting omers onto the show. Much appreciat
Season. Can the results wipe out all the negatives that seem to be hanging over the markets. The answer today seems to be yes. Lululemon shares jumping on news that the stock would be added to the s p 500 taking the place of activision blizzard. A lot of action in bitcoin. Around 28,000 right now. 4. 5 pop. Hopes are rising not just for the approval of one but perhaps for several spot bitcoin etfs. And lets get right to this big market gain and what is driving the marketsby zansan bi. And what is important for most of the day, yields have been higher. It is not affecting stock prices. This is a very encouraging trend. Weve been waiting for this for a long time. The s p 500 believe it or not, were in a bit of an up trend. I dont want to make too much of it, but were at the top end of the recent one month trading range that weve seen. So the 50 Day Moving Average is 5402. Dow strong as well. Weve had strength with united health, mnike. Vee st a strong as well. And there is great strength
Show, with reckless threats toward other countries that could set the nation on the path to world war iii. He concerns me. He would have to concern anyone who cares about our country, corker added. And this, quote, i know for a fact that every single day at the white house its a situation of trying to contain him. The New York Times interview capped a day long twitter battle between the gop chair of the Senate Foreign Relations Committee and the president of the United States. Trump tweeting, quote, senator bob corker begged me to endorse him for reelection in tennessee. I said no, and he dropped out. Said he could not win without my endorsement. He also wanted to be secretary of state. I said, no, thanks. He is also largely responsible for the horrendous iran deal, hence i would fully expect corker to be a negative voice and stand in the way of our great agenda. Didnt have the guts to run, end tweet. According to corkers office these assertions are false. It was trump who repeatedly a
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