Wilfred frost great to be back together. On vacation like two months. One week, and youve not been here various different places. I am teasing. Happy birthday for last week. And to you. Thanks very much. Lets take in global markets. Have a look at futures which are pointing higher. We mentioned weve got gains around the rest of the world, and thats helping bounce back following last weeks declines small gains friday, for the week as a whole, between 1 and 1. 5 for each of those. All sectors were negative apart from consumer staples, energy was the worst, but in terms of sub sectors, banks stood out as decline. Russell 2000 small caps, lot of people thought it was bearish. The banks down almost 4 because we saw that risk of buying bonds, compressed yields and that hurt the banks performance. Seeing it tick up, below 2. 2 on friday yields rising a bit. You can see trend over august is down Economic Data out of asia overnight. This was a wow number out of japan, gdp grew at annual rate of
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