Social media with posts that could defy the judges orders. Well get legal analysis on that new development. Also ahead, 9 latest warning from the pentagon about potential disruptions to Troop Readiness and military relations. Were learning about more provocative news from russia and chinas navys off the coast of alaska. Good morning. Welcome to Way Too Early on monday, august 8th. Im jonathan lemire. Thank you for starting your day and week with us. We begin with a flurry of action. Just days after being formally charged for his alleged efforts to overturn the 2020 Election Results, trump spent the weekend testing the limits of the judge assigned to that case. Now during thursdays arraignment the Magistrate Judge warned trump against interfering in the case telling him that his bond could be revoked if he tried to influence a juror, threaten or bribe a witness or if he retaliated. Despite telling the judge he understood her warning, just one day later the former president posted on his
Maria good wednesday morning. Thank you for joining us this morning. I am Maria Bartiromo wednesday october 18. We are breaking news 6 00 a. M. On the east coast. President biden in israel for wartime visit. Though the arab leaders he was planning to be canceled or some and jordan now refusing to meet with the United States. The world remains on the brink, hundreds were feared dead after a bomb ripped through a gaza hospital while the u. S. Embassy in lebanon is overwhelmed by protesters. Now as washington considers a foreign aid package worth 100 billion to israel is revealed more than a billion dollars of taxpayer money may have gone thomas on joe bidens watch. Work covering all of these unprecedented times all morning long. Take a look at futures indicated to the client more earnings this morning, Morgan Stanley coming out before the bell, netflix and tesla after the close tonight the dow industrial down 72, nasdaq 1071. The bond market 21 Federal Reserve are speaking this week, the
Bond yields dropping five consecutive days. This line from bank of america, no news is good news. There has hardly been any news. Today light on data, light on earnings, heavy on fed speak. Vice chair jefferson, governor cook, boston fed president collins. Tons more fed speak. Lisa this is giving you a sense of where we are in the cycle of data that we are focusing on fed speak as the leading issue because that is the only thing. Neel kashkari was so loud when he said his base case was staying on hold for a longer time. He raised the possibility of a potential rate hike but he talked about the euphoria of markets. There is an embrace of every disinflationary print we get and he thinks that is premature. Jonathan are we calling it euphoric . Lisa it is a bias to see things in the most disinflationary way possible. Jonathan disinflation the theme of the last week. Pushing back rate cut calls. September feels like the new june. This from morgan stanley. We remain bullish on our call for b
Day ago, down 0. 4 . Two year yield still firmly above the 5 level on the week. You have a two basis point move lower on the day. However, again, we have the big meeting just two hours from now. 10 year yield has been above 4. 60 all week and now today even with a two basis point move lower, 4. 65. Banks soaring after posting better than execute results and exec it is outlining a goal of being better in 2025 following expected losses this year. It is surging now more than 31 . On the other hand, you have starbucks. Sales fell for the First Time Since 2020. The chain cut annual guidance for a Third Straight quarter, lowering its fullyear year Revenue Growth forecast to a low singledigit percentage. You have starbucks now plummeting about 17 . Back to the fed because the kkr cfo who i spoke to earlier today said he is pessimistic you can see any rate cuts this year. We are seeing goods inflation come down. We are seeing sheltered inflation come down. We are seeing Core Services inflation
Lunch begins right now. Im melissa lee coming to you from miami it is the tech event of the americas with us on the show today forget walking into a bank, this company is completely disrupting the way consumers now get loans, instant loans. The ceo of green sky is with us. Plus our exclusive with the ceo of sprint. Well weigh in on merger speculation with tmobile. And personal final guru suze orman will be along as well. Lets take a look at the markets this hour. The nasdaq continues to be the story today. Right now the techheavy index is down about a full percent doing the worst of all three major averages apple is a big reason why. The biggest, down more than a percent more than the next weakest sfok, united health. The stock getting another downgrade today, the second in a week for unh netflix, microsoft among the big tech laggards on the day ge investors making more than 3. 5 today this, of course, after Ceo Jeff Immelt announced he will be stepping down after 16 years at the helm