Today the dow lost 109 point thes. Nasdaq only dipped 0. 08 . Bond yields short and long are headed the wrong way, meaning higher. Different stocks always march to the beat of higher rates, march down that is. The markets over bought, we got some new supply coming. Including a gigantic one that was supposed to be red hot, siz sizzling. It seems to be cooling rather rapidly. It doesnt thaep help that we h looming strike against one or all of the big three automakers. Oil prices continue to climb higher. All bad. No wonder people want to sell. It actually makes sense. I made all these worries kcrystl clear to the cnbc investing club. We know Interest Rates always marrie matter and we fear the ipo market unleashing the dogs of excess supply. The thing about this market is it does have a selfcorrecting nature to it. As soon as you point out something negative it immediately does get hammered. For example, when i mulled over the ipo sale this weekend by the once legendary softbank i had a v
Fell for it in the first place. Thank you, and dont bother anyone else, but lately your chapyan hasnt shown up at work at all, he shows up, why is he mine, were just sitting in the office together, hes free, anh, ring the phone quickly, im still busy, like a meeting, okay, lets say, nisterov had one, hes blaming you for not showing up at work, and to hell with him, well, thats all i m asking, this is the number, right, petrovich, youll go with me, listen, lets go in the evening, ill go later, lets go now , its not far to the private sector, back there, but i d go myself, well, its useless without cover, listen, okay, lets go. Well, this house, this nesterov with his ties, well, lets follow the old scheme, you go around the back, and ill go to the door and ring, if he plays a point here, hell jump right out at you, well, thats unnecessary, you said he wouldnt you know. Why is he wanted, or did you not say everything . No, i said everything, its just that the person doesnt really know fo
We are on radio and television ,fx tuesday and were looking at markets. Teachers are 25 and or substantially lower than 24 hours ago, dow futures 160 in the vix was in 18 level. Away from the markets, foreignexchange is a litmus paper for the system this morning. Lisa the dollar is front and center and has been but giving but getting back a little bit of it. When we talk about dysfunction in washington, d. C. Is the dollar. The currency of the nation, are we at a breaking point . Tom its a theme we will go through today and lisa has an edge on what im doing. Each pair and the triangulation of foreignexchange speaks to what we see in the bond market. We will do it in the data check today. Lisa you buried the lead. We had an argument about much gloom as warranted, something that always happens in this time of year. It feels different to me. I think yield space feels difference different because there is a backdrop of what it means if you have rates that can keep climbing potentially to 7
The u. S. Leads a chorus of condemnation against north korea following its latest Missile Launch. Down jordan this is al jazeera live from doha also coming up the former egyptian Prime Minister says hes being prevented from leaving the u. A. E. After announcing plans to contest the egyptian president ial election. Donald trump lashes out at the british Prime Minister after she criticized him for retreating anti Muslim Videos. And a war criminal dies after drinking poison seconds after a u. N. Court upheld his twenty year jail term. The u. N. Security council has held an emergency session following north koreas latest miss out test pyongyang says wednesdays launch proves it has the capability to reach the u. S. Mainland President Donald Trump says new sanctions will be imposed on the north but support for the u. S. Position doesnt appear to be forthcoming from china and russia from the u. N. Is mike hanna. For the ninth time this year the Security Council gathers to discuss yet another
Put in place on your citizens as a headline stay with us inside stories. Brace to the red sea china israel u. A. E. And the u. S. Are just a few of the countries building or already have bases in the region now turkey is the latest to that group so why the growing interest in the red sea this is inside story. Welcome to the program. The red sea has long been one of the worlds most important trading growths its a vital link between asia africa the middle east and into europe everything from oil to food and naval vessels pass through it and countries including saudi arabia sudan yemen and egypt all border it but in recent years several states have been increasing their presence in the red sea the latest is turkey president as of. Recently traveled to sudan to sign deals worth six hundred fifteen Million Dollars with sudanese leader. This effectively gives turkey a unique foothold in this increasingly important and competitive waterway. Part of the deal will see turkey rebuild the sudanes