Only in credit, investment grade, high yield. That you go to the dow, which has typically been the laggard. Some of the big winners, caterpillar, home depot, boeing, classic industrial procyclical trade that our guest was referring to earlier. To more, i want to go back our guest from market field asset management. How do you make days like today when everything is positive, it seems like we are in the all clear, yet we know that might not be the case. Curious on days like today how much of this comes from a procyclical trade overseas in china relative to perhaps any optimism here in the u. S. Chinas stock has been on a tear. Ish of that you think filtering back through sentiment here in the u. S. Not that much. Today came after yesterday. We started off in the morning and fell like a rock in the afternoon. I dont actually think people are paying that much attention to china yet. I think they will be. I think the easy money to be made this year has been on technology, on stayathome, wo
Yesterday the s p was up more than 1 . So, kind of putting on a brave space treating good Economic News even with the headwind of whats happening. Im watching financials which were lower and in reaction to more Bank Earnings and have turned higher. I dont know if its yields. Theres a lot in there because bank of america and Goldman Sachs were better. They were better. As i was saying, when it comes to the banks, if the economy is going to be okay, the banks should probably be okay. If your biggest concern is recession, we pushed it off a little farther. And Home Builders up 0. 50 . Energy and cyclicals. Lets take a look at the state of the consumer. I spoke with bank of America Brian moynihan, and his assessment is the fed is working. Well have 4 trillion plus of our consumers moving accounts, writing a check, taking cash out, spending money with zelle, so 4 trillion plus a year. In 2021 that grew over to 2022 growth rate was 9 to 10 . In the early part of this year, 23 First Quarter o
Program. The presiding officer is there objection to proceeding to the measure . Without objection. Mr. Tillis mr. President , i ask unanimous consent the resolution be agreed to, the preamble be agreed to and the motions to reconsider be considered made and laid upon the table with no intervening action or debate. The presiding officer without objection. Mr. Tillis mr. President , i ask unanimous consent that when the senate completes its Business Today it adjourn until 9 30 a. M. , thursday, july 7. Following the prayer and pledge, the morning hour deemed expired, the journal of proceedings be approved to date and the time for the two leaders be reserved for their use later that day. Further, that following leader remarks the senate resume consideration of house message Accompanying Senate 764. Finally, that all time during morning business, recess or adjournment of the senate count postcloture on the motion to concur. The presiding officer is there objection . Without objection. Mr.
Im john berman. Hello. Im kate would jua by our count it has been about 12 hours since Donald Trumps last comments on the feud with the family of the fallen u. S. Soldier. Well have to see what he says when he takes the stage. Were also watching the white house right now. President obama about to hold a joint News Conference for the Prime Minister of singapore. Thats the main subject. You can bet the president will be asked about donald trump and about gold star parents khizer kh khan. It will be interesting to hear what he has to say about that. In the shadow of a new cnn dorc poll losing ground. After the Republican Convention trump was ahead 48 to 45 . Now after the democrats had their turn, Hillary Clinton is on top 52 to 43 . Maybe this explains why donald trump is calling Hillary Clinton the devil and claiming that the election could be rigged. Cnn National Correspondent Jason Carroll is live at this trump rally in virginia. Jason, what do you see . Well, the rally is about to ge
Skipping out. Plus, the judge goes to trump tower. Our own judge Andrew Napolitano met with the president elect. How did that go . Ill ask him. We just got the menu for the inaugural lunch. The menu continuing the tradition of menu reading. Ill menu read. Lets get to it. Shepard first on the fox news desk, president elect trump says his first day will start monday so that signing and other matters does not interfere with the celebration. Today his spokesman said something else. He said friday. So well see. Anyway, the new senate is hard at work. Its just kicked off another marathon round of confirmation hearings three days before trumps big celebration day. First up, rock congressman ryan zinke of montana. The president elect picked him for interior secretary, this is a live look at the hearing where lawmakers are grilling him about his hearings to manage the federal land and natural resources. Congressman zinke is a former navy seal. Zinke supports keeping public lands under federal c