Side 59 minutes heft in the session. Ahead on the todays show, within striking distance of the lows, Liz Ann Sonders weigh in on whether it is too late to get into the market rally. Plus, well speak from twillio ceo. Think lost steam on the back of the earnings and a stock offerings. Lets focus on the big stories joining us to talk stimulus in the Capital Gains tax is Chris Krueger. But first, mike with you and the Broader Markets. Stepping up a little bit from the highs. We have they make a very near approach to the closing highs from february about 3383. Right now somewhat lower than that this is a twoyear chart of the s p 500. Still doesnt look like much of a moderation in the trend. The v bottom off that december 28 nl lth low, we did get abovee prior september high we had a little followthrough for a new high then the occasion for really the first decent pull back of that run. Also very big moves in treasuries and gold. A lot of the hot money having a little bit of a violent day t
Hong kong Police Arrest a media tycoon and prominent activist jimmy lai after the u. S. Penalizes the citys chief executive carrie lam. 15 ,s in next digital get dip 50 only to reverse losses. The inflation debate. Investors look ahead to u. S. Ppi and cpi as global debt with subzero yields top 16 trillion. A ton of negative that out there. Bob prince tells bloomberg a pickup in inflation would be mind blowing. Frome under an hour away the start of cash equity trading in europe. Lets take a look at futures this morning. Looking at gains across European Equity indexes,. 8 of the gains you seen on the widely traded euro stoxx 50 futures, also on ftse futures. In london. Dax in frankfurt. Looking at games on the u. S. Futures picture. Tradings p minis stronger than nasdaq futures, but you still see green arrows, so it could be a risk on monday to kickoff the week. Lets get the first word news with laura wright in london. Gates billionaire bill says it is mind blowing the u. S. Has not imp
Welcome to kaiser report Summer Solutions im max kaiser here with Stacy Herbert you know we look at the solutions we love take a deep dive into the issues weve been chatting about all year now today were going to be talking with faneuil would have more also known as an l w of the breakdown pod cast been following him on twitter for a long time listen to his pod cast you know the great thing about this whole new universe of media states is that people who might not get on media get on media and then they run to the top and suddenly theyre like wow these people are awesome and i would put and i say in that camp what do you think well thats the good thing about talking to heterodox thinkers because we dont have to just stick with the orthodox guys that are so boring on all the mainstream cable news channels we have the best guess so you know nothing i want to talk to you about one of the themes that weve presented here on kais reports Summer Solutions is that weve kind of were coming out
Claims report. Alongside lisa abramowicz, im jonathan ferro. As we approach that jobless claims report, equity futures doing ok. The equity market within 0. 2 of a record high. Talks down in d. C. , we are on repeat, going nowhere anytime soon. Lisa it doesnt seem like markets really care. They are looking at the amount of money being thrown at the markets from the Federal Reserve and the likelihood of a deal being struck. So many people banking on this, and yet here we are, nasdaq futures marginally, basically a churn, but the s p lower. Jonathan after a big moving yesterdays session. This is how we shape up, with equity futures down around six points, off 0. 2 on the s p 500. Just slightly negative. Still around record highs after a phenomenal rally off the bottom in march. A 50 move. . 1843 r, one other eurodollar, 1. 1833. That is a stronger euro. Donald trump saying the dollar will be stronger if he is reelected. He likes a stronger dollar now. He seems to change his mind on this
Deal to buy the company could come in next few days and theres a third bidder enter the fray walmart, wait, what. Thats right we have the details walmart entering that one. The sports world at a virtual stand still. The nba pauses playoffs to put a spotlight on Racial Injustice in america. The Houston Rockets owner will join us. Well talk about that and the hurricane as power lunch starts right now thanks stocks are giving up sol me of their early gains. Bob has the latest for us. Banks and health care are leading but most Everything Else is down. Sell off in the middle of the morning. That as an attempt to take some profits on tech stocks these sell offs dont last long. Look at the triple q here in is the nasdaq 100 at a new high its a rule here it goes up for four days and maybe down one day we have seen this for a couple of months now. Here you see the teams to sell it off it doesnt last very long. Theres been a lot of people arguing, look at the megacap tech names its time for a pa