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European markets are well underway and as he has pointed out a number of times they have been of late for our own markets and there they are up across the board. Not bad actually. No, our futures being down is a function of idiocy. Idiocy how about the ten year note yield were right around 210. Yesterday. And also we know if you buy the banks you get some leadership rally and oil goes to 42 they still have no place to put it which is incredible given the fact that at one point we would be in a state of emergency but instead were in a state of glut youre going to pushing and theres not enough people in the refineries they get far earlier than people think. At the same time oil has to come down because its in storage and those that want to ship that oil will get it to the market somehow. The president said to speak on taxes later today. Expected to call the u. S. Economy quote rigged or at least the tax system plus its official warren buffet now the largest shareholder in bank of america
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