Julie its another day of records. Its not at a record, even though it is higher. We did have inflation data this morning. Is that why we see the gains here today . Its not entirely clear. We started to date meeting of the Federal Reserve that might lead to an Interest Rate increase. Thats what many Market Participants are expecting. One thing stands out on this graphic area the philadelphia utility index is a link in the session in what is an otherwise in the green. We want to look at the rig movers. We have a couple of big cap movers. Boeing announced an increase in its dividend of 20 . To buy frompgraded neutral. We have more streaming deals in the companys future. On the flipside, we have Iron Mountain down. They announced they were going 1. 3 billionor dollars. Debtso changed the company to negative. Is falling once again. The company said the power commit equipment is in the investigation to the fires in southern california. The department of for street and Fire Protection might b
Good buy into early end and maybe beyond. But lets start with todays rally. Joining our exchange today is jim kahn, sarge gilfoy, and Rick Santelli at the cme. Rick, im going to start with you if i may ahead of the fed meeting tomorrow weve got a bit of a stealth rally in the pound the pound. The dollar over the last week or so including a little bit today how many rate hikes over the next 13 months are priced in you know, i dont know that much of the dollar activity that were seeing today is necessarily predicated on what investors think about 2018 whether its two, three, some are saying four. I really think its more of a function of the u. S. Market kind of bucking the trends of europe, the spreads of our treasuries especially the long end is distancing itself from the yields of the long end of europe and as that occurs, if you were to put that on a chart, the differential at 210 basis points seems to be one of the factors that could be dragging the dollar up a bit. More in a yearend
Thank you again. On the next washington journal, margot sangerkatz joins us, looking at Health Care Insurance and costs. Then Sharon Epperson on the 80th anniversary of Social Security and what the future holds for the program. Later, a conversation on the u. S. Foster care system, with the director of policy reform and advocacy. Well also take your phone calls, Facebook Comments and tweets. Washington journal, live each morning at 7 00 eastern on cspan. With the senate in its august break, well feature brook tv programming week nights, starting at 8 00 p. M. Eastern. For the weekends, here are a few special programs. Saturday, august 22nd, live from jackson, mississippi, for the mississippi book festival, beginning at 11 30 a. M. With discussions on harper lee, civil rights and the civil war. September 5th, were live from our nations capital. Followed on sunday with our live in depth program, with former second lady and senior fellow at the American Enterprise institute, lynn cheney.
It just fell together as i went along. I think one thing that struck me very dramatically was my decision to leave vietnam and to see how seductive war is. And i knew i didnt want to be someone who went from one war to the next and be kind of a war groupie, because i couldnt make a life. I wrote once that i wanted roots that went down to the source of water. And at the time, when i was in vietnam, i wasnt sure what that would have meant, and i was too young to be thinking about that, but when i went back to vietnam in 1989, it was the first time and i traveled with a small group from hanoi all the way through the country, and i was in saigon and did the memory walk of the places i had lived. And i realized, there was a moment when it just hit me. I thought of my daughter who was then 8. And i wanted to go home. And i miss the life that i had created. And i think that was when i really realized that i had, i had done that, that i had somehow chosen or life had chosen me. I didnt want to
Cared about words a lot, and so you stayed out of his way when you were editing him and basically in my experience was you said yes or no to what he wanted to do, and you could say no, and its not for us, and but i like to say grow gore vidal. I was going to speak of someone else in the protradition of great writers and essayists contributing to the nation. Tony cushner, who i brought on to the editorial board, he in 1994 was so incensed by Andrew Sullivans piece on the case for gay marriage because it was in a very participatory aroundal capitalist, militaristic framework and we talked about it and he wanted to reply. I knew as victor has done brilliantly over the years he wanted to put tony cushner with any copkind, who had, who was really someone who came to the nation with a sensibility the nation had not had and did the first issue on gay rights called the gay moment when victor was editor, but in that piece, tony finally produced called the socialism of the skin its an extraordin