We welcome him to wall street week, joe, great to see you. This week coming up the 8yearold anniversary of collapse of lee man brothers, it seems in some ways that it was just yesterday. Liz it does. I know a lot of the viewers are thinking that its been eight years in the rearview mirror. Gary and i were talking minute by mint. I was out in the west coast and i was thinking, will it happen and i got the call leihman will file for bankruptcy. Its been quite a run but youre worried about whats going to happen after this election, share that with us. For several reasons. Im not confident in terms of sustainability so why is the market hitting alltime highs . First in the land of the blind, thats the United States. Youve had 400 billion of direct Foreign Investment come in the last year and you look at the Companies Hitting earnings and part of the reason for that, we have record buybacks of stocks. 585million in the last 12 months. That supersedes 2007, just to put that in perspective. I
There is no alternative come and that is why they are investing. David it is what youre seeing. It was not the fundamentals of the equity markets, it was the liquidity pressed into the marketplace that drove up the values. Alix notice rick parity funds now those risk parity funds that is the risk Going Forward. We will be discussing all of this, plus centralbank policy and the feds next move and the state of the bond market with peter hooper. That is coming up in just a moment. Jon, you are taking a look at the after of that friday bond selloff. Jon the followthrough into asia and europe once again. A threeday losing streak in europe, every Industry Group trading in negative territory. The miners got hammered in london, the ftse down by 1. 5 . In the fx market, dollaryen lower. The dollar stronger on both of the other on most of the other crosses. Positive by about 2 . In commodities, risk off with crude, brent, and the bti coming in at 1. 8 there. And wti humming in at 130 there. The
We welcome him to wall street week, joe, great to see you. This week coming up the 8yearold anniversary of collapse of lee man brothers, it seems in some ways that it was just yesterday. Liz it does. I know a lot of the viewers are thinking that its been eight years in the rearview mirror. Gary and i were talking minute by mint. I was out in the west coast and i was thinking, will it happen and i got the call leihman will file for bankruptcy. Its been quite a run but youre worried about whats going to happen after this election, share that with us. For several reasons. Im not confident in terms of sustainability so why is the market hitting alltime highs . First in the land of the blind, thats the United States. Youve had 400 billion of direct Foreign Investment come in the last year and you look at the Companies Hitting earnings and part of the reason for that, we have record buybacks of stocks. 585million in the last 12 months. That supersedes 2007, just to put that in perspeive. sit
Clinton. She canceled a trip to california. Will hillarys health rattle the market . Caroline significant volumes, two and a half times than the usual. The vix shoots up 40 . All eyes on europe. Lights up onros friday on the stoxx 600. Guy let us talk about what is happening around the world. Having some fun with your gm function. This is the best place to start your day. The slider up. Giving you an idea of the scale of the moves. Look, some big market moves. S p down 2. 45. New zealand down 2. 5. Hong kong, two point 82. Showing you what is going on. The futures over there as well. On yours coming through gm and this morning. Let us catch up on everything we need to know. Hillary clinton has canceled a two day trip to california after her Campaign Says she is suffering from pneumonia. President ialc nominee up abruptly left a 9 11 commemoration yesterday and appeared to stumble and need help as she moved to her official vehicle. Her team is evaluating the rest of the schedule. Praxai
We welcome him to wall street week, joe, great to see you. This week coming up the 8yearold anniversary of collapse of lee man brothers, it seems in some ways that it was just yesterday. Liz it does. I know a lot of the viewers are thinking that its been eight years in the rearview mirror. Gary and i were talking minute by mint. I was out in the west coast and i was thinking, will it happen and i got the call leihman will file for bankruptcy. Its been quite a run but youre worried about whats going to happen after this election, share that with us. For several reasons. Im not confident in terms of sustainability so why is the market hitting alltime highs . First in the land of the blind, thats the United States. Youve had 400 billion of direct Foreign Investment come in the last year and you look at the Companies Hitting earnings and part of the reason for that, we have record buybacks of stocks. 585million in the last 12 months. That supersedes 2007, just to put that in perspective. I