U. S. Equities will open higher 183 points higher. Nasdaq opening 107 points higher s p looking to open 25 points higher treasury yields sitting at 4. 011. The 2year treasury at 4. 79. We were down five of six days in the s p that is the case sdplchlt to see th z to see the markets showing the cp oi print. You think the mood is a mini bear i do totally. People are looking at this and the question is not a break in the trend, but how much of a break . Let me take cash off the table. I have been waiting so long. I dont mean the rally is over we were talking to different people 10 pullback would be healthy. Down 2 or 3 from the highs, yeah i thought it was tom lee who was talking about that 100point week now more choppy. I wonder if were in the chop. I think we might be. We have the key inflation data due at 8 30 a. M july cpi expected to rise. 20 on the month and 3. 3 for the headline for the year. We also have my personal favorite with jobless claims. Why is that your personal favorite
Im Andrew Ross Sorkin. You cant wear white pants. Im Andrew Ross Sorkin with joe kernen and mike santoli is here hanging out for becky who is still off today. Lets show you u. S. Equities at this hour. We have a little bit going on. Not too much just yet. The dow off 27 points. Nasdaq opening down 58 points. S p is off 9 points. Treasury yields with the 10year treasury is sitting at 4. 224. The 2year treasury at 4. 910. Have you noticed we flipped that board around, joe . The oil prices . No. The treasury board. That board, we used to run the 30year treasury. The 30year at the top and 2year at the bottom because the way the world used to work. Now the world is flipped upside down and here we are. That is a good metaphor. Mirror what is happening. You remember, andrew, years ago where were you on the show or before when greenspan said it. Its back. Combine the 2year. The 30year used to be the one to watch. Exactly. We should have done 100 about a year and a half ago. Would that have wor
Nasdaq edged down. 26 , the star of the show was the Dow Jones Industrial average, which briefly crossed above 40,000. Hallelujah before pulling back a bit and closing down 39 points. Still, thats a huge leap from where we arrived at dow 30,000 back in november of 2020. So you know what . I think its worth exploring what stocks got us here and why. During this period weve constantly been told that tech is the market leader. But when i look at the top ten stocks up the most during dows trip from 30,000 to 40,000 very surprising group. Only two of them from tech. We also were told Interest Rates is all that matters but thats played a smaller role than expected too. Only the tenth stock really impacted. Instead its an odd grouping where the main thing these companies have in common is very strong exceptional management. Lets run them down so we can learn what the market really wants here. I need you to think about this even though we didnt close above 40,000, this is what matters. First i
States, canada as we know them today, starting in. 1818, Great Britain and the United States agreed to a joint occupancy of the oregon country that occupancy would last for the next three decades. By 1846, the two nations would sign a treaty that established the borders as know them today. And so in class, lets walk through those three decades of history, talk about the different interests that the two nations had in the regions. Youll see the differences in approaches to colonization on the part of Great Britain and the united all building up to the resolution of the oregon boundary. All right. Lets step back a little bit and lets begin with general process, by which the United States established itself as a nation and asserted control over borders. There are two broad factors at play here. When we. Territorial acquisition by the United States the first the United States needed dispossess the indigenous of the continent and extinguish their claims their land. Now this manifests federa
Oregon boundary and the process by the United States and Great Britain negotiated the boundaries between the United States, canada as we know them today, starting in. 1818, Great Britain and the United States agreed to a joint occupancy of the oregon country that occupancy would last for the next three decades. By 1846, the two nations would sign a treaty that established the borders as know them today. And so in class, lets walk through those three decades of history, talk about the different interests that the two nations had in the regions. Youll see the differences in approaches to colonization on the part of Great Britain and the united all building up to the resolution of the oregon boundary. All right. Lets step back a little bit and lets begin with general process, by which the United States established itself as a nation and asserted control over borders. There are two broad factors at play here. When we. Territorial acquisition by the United States the first the United States