Little bit as we work our way through the middle of the trading week. The bond market, call mark, for the second time in a week calmer for the second time in a week. The 10 year, down four basis points. Lisa has been talking about this for a while. Are we here for the right reasons or the wrong reasons . The most bullish fms since january of 2022, the biggest jump in Global Growth optimism since may of 2020 at a record jump in allocation to commodities. Jonathan the fund manager survey has the headline fully bully. The most overweight commodities going back, a record jump. This is the set up to yesterday and the day before, jay powell coming out and saying its been a little bit disappointing for us, we might have to wait a bit longer in the reason why people are seeing the potential for pullback, we are not fundamentally shaking the confidence. Jonathan the quote for me yesterday did not come from jay powell. It came from the vice chair, philip jefferson. I will share it with you now,
Stress. Now, a month full of betterthanexpected Economic Data including u. S. Retail sales. The 10year, 4. 95 on the twoyear. 10year, 4. 6488. On the month so far, up by more than 30 basis points on the twoyear, 40 basis points on the 10year. Morgan stanley, for equities. Socgen, expensive valuation sitting comfortably with higher bonds yield. Lisa part is the right reason, part is the wrong reason. Retail sales came in betterthanexpected causing the increase of gdp positive for equities. The other side, it is stemming from increasing Inflation Expectations grading issues of how high the rates have to stay for how long. Jonathan we have heard the same thing from fed official after fed official. Patience and no urgency. Monetary policy is in a good place. Monetary policy is tight. Immediately after, hotter than expected retail sales. Lisa can they get ahead of this . Will he have the freedom to cut rates. It seems the market has moved on from fed speak. It seems the market is looking at
Interest rates do remain unchanged. The vote on that. The gilt purchase is 80. The bank of england keeps key Interest Rate unchanged. The vote was 71. The vote on Interest Rate, 71. Thathan the idea is growth hasnt turned lower in the way that they anticipated and inflation continues to grind higher. It is starting to become more open to the argument that she has put forth . Guy i think you can deduce that from the line talking about tighter policies. The markets, because it has an assessment that the bank will look through this inflation because it is transitory and linked to the currency, maybe it doesnt hold water . Maybe if they are concerned about the secondround effects . That it will have an impact on the wage story . And it could have an impact elsewhere because of that. So the implication seems to be that yes, the argument does seem to hold some water at the moment. The bank has not decided to step onto the other side of the debate. It is interesting at this point but clearly,
Reuters reporting he was a member of the u. S. Army reserve. Authorities say there was no connection to international terrorism. Dallas police chief david brown says it appeared the shooters plan to injure and kill as many officers as they could. The bloodshed unfolded blocks from where president john f. Kennedy was slain in 1963. We will have more as the situation unfolds. Again, were waiting for the attorney general to take the podium. Now lets send it over to scott wapner for the Halftime Report. Thanks so much. Sue herera. Welcome to the Halftime Report. I am scott wapner. 2 top trade this hour, saving stocks . At the highs of the day. With us for the hour today, jim lebenthal, jim brown, sarat sethi, and Steve Liesman here onset as well. We do begin with the markets. I said, session highs today, a strong rally following that blockbuster jobs number. 287,000 jobs added last month. Way better than expected. A number of class asset, not only stocks. Bonds selling off today. Gold as w
Early on. Simple blood test. People bych more taking screening into the Communities Just like we did with Breast Cancer and hiv. We have mobile vans rolling into the communities. You help set up making sure we have a large africanamerican population underserved, we have mobile dance go into every one of the cities vans rolling into every one of the city streets as the techniques become more available, theres a lot we can do. We have to accelerate getting treatment to patients by identifying any unnecessary regulatory barriers that exist at the federal level. That stand in the way of improving research or care. For example, patients should be able to seamlessly find a Clinical Trial that might suit a specific condition. Dr. Should havent c way of getting the patient to the process. A easyors should have way of getting the patient to the process. Ive been to washington, nevada, california, ive been to about 11 of the most highly funded and most reputable Cancer Research centers in the wo