This is two and a half hours. [applause] good morning everybody. Good morning. The all right, well good morning. Maam i am honored moderate with you this morning. As was mentioned we are talking about new book. Its absolutely amazing but i will say to you today thats what we are going to talk about. First and foremost to break the ice what inspired you to tell your story . Throughout my life and as you have heard ive been active in our National Security for actually closer to 40 years. Times go by since the pie was written. I have worked in congress. Ive been to in the pentagon and ive been in private industry always working on defense issues. As i was making my way up and you can figure out my career and the ups and downs of life i would always look up to the people above me and they were very few women at that point to look up to. There were a couple and there were some men and i always wondered to myself wow their lives must be perfect that they were able to attain these great heigh
In hong kong people are gathering in large numbers for more demonstrations against a controversial extradition law. Thousands have already held a vigil overnight. Atjust after 9 in the morning local time, this is the scene live outside the Legislative Council in hong kong, where the bill is due for a second round of debate shortly. The legco is very pro beijing, and it is likely to pass the bill allowing extradition to mainland china. There were huge protests last sunday too, but the government has said it will push on with the proposed law. Critics are saying that the use of torture arbitrary detentions and confessions in the chinese judicial system is very unwelcome, that people should be sent to for trial. The government has promised legally binding human rights safeguards and other measures, it says should alleviate concerns that all this has led to the biggest rally the territory has seen since it was handed back to china by the british in 1997. So how likely is it that the govern
Crossed, it looked like a different picture. We had a reversal midday we saw stocks give up the ghost and treasury yields surge and 10year yield cross 4. 1. It was the reversal to watch i think it is because mary daly and San Francisco fed says there is more work to be done after the cpi number people thought it is not over yet. It aint over. A long slog here. The lady hasnt sung. You cant say which lady right on the squawk planner. More inflation data. Ppi is due at 8 30 a. M poll polled forecasters expect a tick higher of. 2 . This comes after the cpi data showing prices rose 3. 2 year on year which is below the forecast the Supreme Court blocked for now a multibillion dollar deal by Purdue Pharma from the opioid crisis. They will look to release the claims by nondebtors against nondebtor parties without the consent. The department of justice argued the release of civil liability is not authorized by the bankruptcy code. Purdue is optimistic the Supreme Court will agree which the cas
Moments ago. Its negative, but not as bad as earlier this morning the dow remains positive, up 92 points its being held up by United Health care and walmart, which is getting a lot of analyst love ahead of next week tech continues to be under pressure, carl as for the data flow this morning, its really been about two reports investors are focusing on, ppi, comes in a little hot a little it wasnt extreme, but there were some weird factors it like lea pointed out. Then we got the Inflation Expectation from university of michigan and you got a surprise on the oneyear and five to tenyear outlook thats good news for the markets that are rooting for lower inflation. Some reports on ppi and the Financial Management prices. I think one headline is what the stock market gives, the stock market takes away. Kind of a weird meta dynamic. The whole reason was higher stock market lets dig into the weeks Economic Data. Against the back drop of hotter than expected ppi and cooler cpi. Our next guest s
We wrap up the latest from googles antitrust trial and bring you what a new report that shows u. S. Warning the eu on is a act regulation and competition. Lets check in on the markets because blowout jobs number. We see the ramifications in the bond market, but tech manages to push through after initial knee jerk reaction. U. S. 10 year. We are headed towards multidecade highs since 2007. Bitcoin on the high side its a little bit of a desire to get into the risk assets on the back of some the numbers lets have a look at what is happening in individual stocks movers of technology. Bpd on a tear. We are seeing it outperform the last few months and weeks and currently on the date up. We are of some 4 . Chipmakers managing to push on the higher side. Im looking at tesla on the downside. We are all 0. 8. They once again cut prices up to 2250 being pulled down in terms of a price point. Keeping on pushing back. Lets have a look at what is happening more broadly in the macro data because mayb