Reporters. Taylor i will take a look at a chart here i am showing which is looking at the s p 500 for the month of december. I know it is only the first day of trading in december. We are off about 0. 8 . This comes after a very good november in which we had our best month since june. If you think about historically where we have been, december 2017, nothing really happened. December of 2018, a big bottoming out. The index lost more than 9 , bottoming out there on Christmas Eve before a big run up which led to the 25 gain or self we have seen gain or so we have seen this year. Is relatively muted. Still early days. We will have to see how the rest of the month unfolds. Called the skew index, the panic index. Last summer, well ahead of the Fourth Quarter volatility, the skew index in white here, highly elevated as the vix index. Stocks took a big nosedive in blue. The vix then caught up. This year, volatility relatively suppressed as the s p 500 going for near alltime highs. Since octob
Thermometer but the correlation to equities bonds is really rich. The team leave for me on a monday morning is i see japanese yen just creeping ever so slight. It is just a bit of a weakness. Jonathan 149. 74 at the moment. We averted a shut down and we will get payrolls friday. Ultimately we will do this again. Lisa i cant wait until november when we can do it all again. What i find interesting is the threat of higher rates and the lack of economic weakness on the heels of a Government Shutdown is what is spurring the concern in markets today. All of the sudden people are taken the bond who seriously. Jonathan energy prices, rates, apparently this is the quarter when this consumer frame begins to crack. Tom is the basic theory and then you talk to optimists and there are a number of them and they say no, you saw that in september. I had a great conversation with neil by the neal dudda. He said is not about 4 growth it is tuition to issue two ish. Jonathan jane fraser at city talking a
Supplies of public goods and services. This will ensure that we will adjust without weakening momentum and will underpin with greater quality. Olivia in the past, premier li has said that lower growth is tolerable as long as jobs are created. The u. S. Ambassador in south korea is recovering after being slashed in the face by a north korean sympathizer. There was blood on his face and hands and he needed 80 stitches. Authorities say the wounds are not lifethreatening. Authorities say the man also once attacked the japanese ambassador. Hillary clinton is trying to end the controversy over emails she wrote will secretary of state. She tweeted late last night that she wants the public to see her emails and she is urging the state department to release them. She has been criticized for using private email to discuss state department business. Abvii has won the battle and will buy the company for 21 billion. Johnson johnson had been on the virgin of buying pharmacycl ics before abbvie toppe
Have contacted the engineer and he has agreed to be interviewed by the ntsb. We look forward to that opportunity. We will be meeting with him in the next two days. Vonnie the engineers lawyer told abc news that he suffered a concussion in the crash, that he was not under the influence of drugs or alcohol and was not using his cell phone. The u. S. Marines have confirmed the wreckage of the missing helicopter that disappeared earlier this week on an earthquake relief mission. Three bodies were found near the crash, and Officials Say it is unlikely anyone survived or it the chopper carried six marines and two nepalese soldiers. At least one of those marines were shown delivering food and other survived and other supplies to earthquake victims earlier this week. President obama is saying with iran we have got your back. The president promised to defend the gulf nations against external attack and what is called destabilizing behavior from iran. President obama we have to ensure that our p
The National Marine Lenders Association (NMLA) just wrapped up their 2023 conference in Hilton Head drawing the largest number of attendees in over ten