We are working on ways to try to get mexico to pay for it, but that is not my concern right now. It looks like you have a wall there already. this is the stuff that is already built. This is the picture of the levee wall. Whenis what it looks like it is currently built. We dont have the picture of the cyclone fencing. This will be replacing cyclone fencing. Do you have a wall in all of these cases where there is existing fencing . Is that a good way to spend the governments money . Esther mulvaney there are places where technology will help in their places where we could start Land Acquisition. Hiren start ramping up to Border Agents and we have additional beds so we can effectively end catch and release. One of the difficulties we had was the beds were full at detention centers. When you look at it holistically, its a tremendous improvement in Border Security. Of hundredcouple Million Dollars to do it and this is a several year process. You could not build that in one year. Yesterday,
We are working on ways to try to get mexico to pay for it, but that is not my concern right now. It looks like you have a wall there already. this is the stuff that is already built. This is the picture of the levee wall. Whenis what it looks like it is currently built. We dont have the picture of the cyclone fencing. This will be replacing cyclone fencing. Do you have a wall in all of these cases where there is existing fencing . Is that a good way to spend the governments money . Esther mulvaney there are places where technology will help in their places where we could start Land Acquisition. Hiren start ramping up to Border Agents and we have additional beds so we can effectively end catch and release. One of the difficulties we had was the beds were full at detention centers. When you look at it holistically, its a tremendous improvement in Border Security. Of hundredcouple Million Dollars to do it and this is a several year process. You could not build that in one year. Yesterday,
The box today. Why not, right . Somebodys got to be the bull. How do we get there . This goes back to last year. This has been a very sink nous, from 15 recession, 16s recovery was born from that. When i say recession, i mean global recession, it was pretty harsh. I think the distractions of brexit, the election here in united states. Ref rerendum of the month in europe. That has really distracted people from whats going on and now n the First Quarter, we see the proof. The earnings have been spectacular. I think if you would have asked me three months ago if the First Quarter would have been this strong, i would have been more positive ant how this would play out. Roll into that the fact rates havent moved. I think now where people are on board with the earnings story, theyre not still not board with multiples expanding. Uncertainty about the recovery is is lower. You say its been underplayed. How have are we underplayed at new highs . I think the story line has been underplayed. Mean
Good morning to you from me as well throwback thursday. Were throwing it back for the best anthems for pride month lets check in on the global markets. Showing you whats happening with futures after mixed ending to yesterdays session the nasdaq rose about 0. P the dow and s p finished lower. Biotech has been strong lately well talk about that. It was a big turnaround from where we stood this time yesterday. The nasdaq was down about a half percent and ended up three quarters of a percent. The futures were not a tell for the session. Nasdaq futures higher. Nasdaq down 1, s p down 3. Not a lot of movement this morning. Oil prices front and center. Those low prices a drag on Energy Stocks for sure also keeping yields lower. Wti, 42. 44, down about 0. 2 . Brent crude below 45 a barrel nat gas higher this morning. That meant energy was the worst performing sector but only just beating banks in terms of the underperformance. Energy down 1. 6 banks down over 1 focus on them again today ahead
Is no plan b. Is daybreak asia coming to you live from bloombergs u. S. And asia headquarters. The week and asia was too short, missing you already. Bit of a jolt to wake up asia, but also centralbank decisions, heads speaking this week. Lets take a look at asia, slow going on this monday morning. X 50. On the nz austria, counting down to the open in sydney, seoul, korea, and tokyo. 43, so couldve be a boost for equities. Slightly higher when it comes tospi 500 futures. Spi 500 futures. We could be seeing equities , a 40 point loss at the open in tokyo, so still looking pretty quiet. Today. Markets closed singapore,in malaysia, indonesia, philippines, and india. Thats right. Looks in thesia early going. We continue to watch headlines ,oming out about takata deciding to file for bankruptcy today in a tokyo district court. Far, no comments from the company, but we will be watching more detailsy and on this bankruptcy. Lets get to first word news. Haslinda south korea has joined nations b