Without getting technical, the shift in Interest Rates has raised the risk of recession. Bad news for investors. The dow is going to be down 370 points. That means we are down about 1,000 points from the middle of last week. The s p 500 down maybe 45, 1. 5 , and the nasdaq, thats on track for its longest losing streak in three years, down bigtime across the board. Look at this. Talk about a flight to safety. Money pouring into u. S. Treasury bonds and yields are tumbling. The tenyear, the benchmark Interest Rate, now yields just 1. 78 . If theres any Silver Lining here, its the likelihood of even lower Mortgage Rates in the immediate future. The price of gold, that is a sixyear high. That is also part of the flight to safety. Bitcoin, bitcoin, money is flowing in there, too. Its back to 11,800 per coin, up more than 20 in the last week. Heres what we have to start the new week. A currency war, a prolonged trade fight probably, a stock market selloff bigtime and a universal flight to so
, the average working day has increased; well tell you who works the most in business news. About the main thing, for this minute, in the studio ilya fedorovtsev, hello. The russian army is pushing back the enemy in the western direction of the special operation. Sergey shaigu reported this today, speaking at a Conference Call with the leadership of the armed forces. According to the head of the ministry of defense, military personnel are building on the success achieved after. To emerging threats, Sergei Shaigu said this when speaking about building up nato capabilities near russian borders. The minister emphasized that in response to joining the alliance with finland and sweden, groups in the northwestern and western directions have been strengthened. A militaryadministrative division of the country has been established, where the corresponding territories are assigned to military districts. All this, by according to shaigu, it will significantly increase the efficiency of troop cont
Its cool here, very, very cool. About the main thing this minute in the studio of ilya khadorovtsev. Hello. Russian helicopter pilots attacked the nationalist fortifications in the north donetsk direction; an air group, which included the legendary k52 alligator and mi28 night hunter, attacked the enemy with unguided missiles. All targets were successfully destroyed. The air defense unit in the artyomovsk area helps russian pilots dominate the air; they reliably protect the sky from any threats, including Reconnaissance Strike drones. Behind the actions of antiaircraft gunners in a combat situation alekseevich bataryov observed. The air defense crews at the suriya Airborne Forces unit have a lot of work to do, and day and night they cover all units of the brigade south of artyomovsk, either in the rear or on the front line, from threats from the air. They are engaged in the extermination of evil spirits, in a broad sense , armed. In a trophy story on ukrainian tv , they are very proud
Rally, hence why we are looking at 5800 level on the china index and puts us back at the start of the year. And tilt coming through. 10year yield at 30. And three cuts. Only three cuts and swaps market and still looking at that. 60,000 level, trading at 57,000 level. That is one watch when it comes to bit coin and ai and no we have the bodes well with the fed and what is markets are listening. And are 7 to 6 to 3. And have we seen a view when it comes to yields. Does it yield . The dots we are showing, a lot of fed speakers coming through on thursday and friday. Speaking of central bankers, starting right now and we will be speaking tomorrow, not wasnt they did anything and probably at the peak and may start cutting rates first half of next year. They may not do anything the first half of and the peak rate was at five points. So, that was a bit of a downward and even though they are hawkish. And had comments they may look at this independently. But there is that side of the market not
And others get ready for a new voice in the crowd as samsung prepares a new speaker. Betty good morning. Here in the markets in the u. S. , it is really the tax reform, the last minute zynga coming up from marco rubio. That dragged down u. S. Stocks. But overall it looks like central bankers are trying what we are calling dovish tightening. They are trying to move the ball forward with Interest Rates without disrupting. Mario draghi of the ecb trying to thread that line today. Paul grappling the same old problems the world developed, in terms of inflation. 7 in 2020 point does not sound terribly optimistic, does it . Betty no. No, it doesnt. Perhaps that is why markets took all of that in stride. Lets quickly pull up where the u. S. Markets ended up today. We were lower, taxes a main focus for investors. The s p down 0. 4 . Anddow lower by 77 points, tech shares, as well. Most of the major s p groups were in the red, except Consumer Discretionary stocks. A slower day in asia for you .