Good afternoon. Welcome to the Richard Nixon president ial library. I am jonathan movroydis. Before we introduce our special guest today i just want to announce a few upcoming events. On september 7 we are going to have a cold war historian and member of the National Security council the Kennedy Johnson nixon and reagan and kramer and is going talk about inside the cold war from marx to reagan the roots history strategy and documents of the cold war. It should be a really interesting historical discussion. On that similar note on october 23 we are going to have historian nick looked her to talk about his book nixon and europe, reshaping the postwar atlantic world. On september 11 we are going to have at 11 00 a. M. Our annual 9 11 commemoration. Please look on our web site for that at nixon foundation. Org in november 7 we will have the daughters of president george w. Bush and first lady laura bush. Jenna bush hager and Barbara Pearce bush are going to talk about stories from our wild
A slightly lower open. European markets have, well, weve been hearing from the ecb although not much action, there it is, at least the equity markets at this point lower, though fractionally so you have to say. How is the 10year note yield doing and crude oil, theres a look. 1. 6, 1. 6. Wow. Things are getting crazy there. Crazy. Wti you can see is right around 45, 50 or so this morning. Lets get to our road map. It starts with day four of the Republican National convention in cleveland. Ted cruz was booed, mike pence delivered his speech, and they are gearing up for trumps speech tonight. We will go there live. Elon musk is revealing his master plan for tesla. Part two, by the way. How realistic are his bigtime ambitions for this company . Qualcomm, intel, ebay, southwest, and more, all are on the move this morning after earnings. In fact, i mean it goes on and on biogen, travelers, american express. We will try to get to all of them or as many as we can, give you the numbers you need
We have Melissa Francis and ron christie lined up to talk about it. Think anything sticks here that theyre going after trump on . Its not just Hillary Clinton anymore. The president s getting involved. Good afternoon, connell. No, i dont think so. I think Donald Trumps candidacy, if theres one thing weve seen, its everything his opponents have thrown at him, nothing seems to stick. Connell right. And the thing i find ironic is shes going after him about his credibility when, as you know, hes not afraid to pull his own punches, she better be on the lookout for him to return the fire. Connell well, joe, youre the democratic strategist, and i think ron is right that a lot of these attacks have been stock. Now, its different, its a general election campaign, but is Hillary Clinton ready for the, quoteunquote, counterpuncher as mr. Trump calls himself. Sure, absolutely. Hes tried a couple of things, now i think hes regurgitating the lying tagline that he used for ted. Apparently, anyone who
Stress test on march 20th. That is breaking news were getting right now. Well hear more from banks on the stress tests on march 20th. That is the past doddfrank. Lets get more from the pits of cme. Andrew, do you think well have any surprises there. Absolutely not. One thing i keep an eye on cboe volatility index, known as the vix. The fear gauge saying there is not much fear in the market. There is always we have some concern. The fact of the matter the stock market wants to go one direction and that is higher. Im very close to selling a lot of positions but iicontinue to be long and continue to make money. Doddfrank, stress stress, were think that will do anything. I will watch activity in the bank stocks before that. Weve seen a lot of call activity in dfs, discover financial, in march. I dont think it will matter. The stock market continues higher. Andrew, more breaking news on bottom of your screen. Three fed Bank President s voted to increase the discount rate in january. Does th