, when the European Parliament said that until if the patriots are not handed over to ukraine, then they will not approve the report for the past year, the accounts of the European Council, in fact, will not be closed where the money has already been spent, the impression is that the delegates of the European Parliament were bitten by ukrainian parliamentarians. Actually, this one this populism, in my opinion, does not adorn any political force. And he is simply a testament to the fact that it is still easier to manipulate the european establishment in this way than to actually fight against putin. Eh, by the way, about putin now and his, his, highranking officials, what lavrov said about, that is, someone openly declared about, in fact frankly, and declared about the plan. The kremlin will seize kharkiv during this year, for whom is this statement aimed, and how should we treat it . I believe that russia would like to go to the negotiations, but on its conditions. Ugh. Russia also nee
There is news out there. Every nuance is interesting. We move on to the challenges of venezuela over the weekend. I would suggest you have in your lead, brexit, front and center. We will talk about the brexit dynamic over the weekend. Francine we have more research and survey saying we should do this or that. Lets get to the first word news. In iraq, a series of attacks have killed at least 29 people. 14 died in the attack. A series of bombings killed 15 others. Dozens more were wounded. It is the fifth straight day of attacks in or around baghdad. In saudi arabia, john kerry met with about conflicts. He is trying to shore up a fragile truce in syria. There have been violations on both sides. Discuss syrial again tomorrow with the Russian Foreign minister. The first time, joint military exercises will be cooperative into missile launches from north korea. Six weeks to go before the votes. The campaign over whether the u. K. Should leave the European Union is growing more caustic. Invok
Higher except for two of them. Industrials industrials and materials the best performers. Inching closer to that alltime high. A little off the high today but another one of those stages where everything seems to rise on little volatility. It was a divergence between Energy Stocks. This doesnt make any sense to me. They both attract each other until about 11 or 11 30. That big inventory draw but the Energy Stocks on the s p dumped along neutral. You have range resources and devon leading on the downside. I wouldtern energy have thought with oil prices at 51 that that would help oil stocks. Joe you can see the split early on the morning, so that is a striking diversions to watch. One thing that people liked is bonds. Today was the start of the ecb Corporate Bond buying program. Thats incredibly low. That better of the ecb looking to snatch up corporate grade bonds. Below 1. 7 . That has been seen as a psychological level. Bonds even though theres not much yield. In foreign currencies, t
Look at the tenyear reaction. All of this on the eve of the big fed decision. Joining us is the chief executive officer for blackrock global fixed income. I know everybody wants to blame it on the brexit,ry, but the reality is the yield on the german bouund has been falling r 30 years so what does it tell you when the bonds of one of the biggest economies in the world are now a negative yield . So, first of all, i think youre right in terms of they have been falling for a while. Some of it is aggressive Monetary Policy and theres not enough bunds relative to what the ecb has been buying and that people use them to manage their risk and use them as hedges against credit, hedges against other sovereign risk so all of a sudden when theres a flight to quality you get the extreme moves that have created this dynamic today which, about by the way, bleeds into the u. S. Treasury market and other safe assets in the world today. Lets say its only the ecb or primarily the European Central bank d
Paul ryan saying, prosperity through Economic Growth. Listen, under reagan the animal spirits were unleashed on the u. S. Economy. Major blue chip companies, cisco, dell, created under the reagan years. Now an app economy with lowwage mixed jobs that pay hardly anything. Mixed jobs . And a third watch. Third of manufacturing workers on welfare, david. Really bad it is awful. John, not to diminish reagan, but before reagan, a couple of years before reagan, jack kemp, a great tax cutter, had this kemp roth plan and reagan kind of piggybacked on that and used jack kemp to get that through congress. Could the same happen with trump ryan . I think it certainly diminishes reagan to mention trump in the same breath and i think thats the problem. Define paul ryan and the republicans, run as fast as i can from donald trump. Here this top negotiator managed the past week to negotiate away his own tax cut in the media. The only progrowth aspect of his economic program, look at the rest, very anti