Jack welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead. Im jack otter. Coming up, higher rates for longer, thats what the Federal Reserve signaled this week. Ill ask jack ablin what stocks investors ought to own. Then, new obesity drugs have the numbers going down on the scale, but it could be making Health Insurance more expensive for all americans. And later, the sphere is here. Well take a look at how you can make money off a Brand New Entertainment venue in las vegas. We begin, as always, with three things investors ought to be thinking about right now. Stocks down sharply for the week on the latest news of the fed. Investors are now looking ahead to next weeks key economic data. Then the Housing Market urn pressure. Mortgage rates remain above 7 , and existing home sales are nearing a 13year low as homeowners happening on to their properties, but investors can find attacktive yields. And finally, rocket labs stock hitting a taking a
For the week ahead. Im jack otter. Coming up, higher rates for longer, thats what the Federal Reserve signaled this week. Ill ask jack ablin what stocks investors ought to own. Then, new obesity drugs have the numbers going down on the scale, but it could be making Health Insurance more expensive for all americans. And later, the sphere is here. Well take a look at how you can make money off a Brand New Entertainment venue in las vegas. We begin, as always, with three things investors ought to be thinking about right now. Stocks down sharply for the week on the latest news of the fed. Investors are now looking ahead to next weeks key economic data. Then the Housing Market urn pressure. Mortgage rates remain above 7 , and existing home sales are nearing a 13year low as homeowners happening on to their properties, but investors can find attacktive yields. And finally, rocket labs stock hitting a taking a hit. Well look at at the companys prospects. On the round table, ben levisohnings, c
This is what i am looking at, the 10 year yield. We are a little bit thin in terms of Economic Data this week, so a lot of focus will be on this mega auction sale. The first one kicks off today. That may actually hurt, or change the 10 year yield. Above 3 . About 3 600 the stoxx 600 basically unchanged. Coming up on bloomberg surveillance. , we talk the business of private jets with start up. We have an exclusive conversation with bp ceo bob dudley. Lets get straight to the bloomberg first word news. Isra the u. K. Government said to have plans to withhold billions of dollars if the eu does not give the u. K. The deal that they want. In a speech later today, brexit secretariat will reassure the European Union will not try to undercut the bloc by tearing up regulations. Signalhas sent a strong about her preferred successor as german chancellor by appointing a close ally. Critics on the right have called for more conservative policies as a way to win back voters. The unexcited move is a
Both up this morning crude oil, it is still hanging in there right below that 50 mark, of course and theres brent crude as well. Lets get to the road map. It does start with that market coming off a record breaking rally. The question of course, will it continue and big changes at ge the new ceo making his mark on the company as a new investor joins the board. A nail in the could have infor tax reform a top gop senator warns that President Trump threatens world war iii. The markets looking to continue its record run with the dow and s p in the midst of a fourweek winning streak but Technology Closing on friday at the new record high. Bar beingiring a large selloffe trump dow rally ochb track to surpass the 23. 3 gain posted in the year following the election of George Herbert walker bush. One would imagine we will hear tweets or get tweets about that the minute it happens. It is a major accomplishment and were coming off another week where all three major averages closed up a percent a
Barcelona, you are out of luck. Yields moving down by 10 basis point and a softer stock market in spain. Down by 1 led lower by financials. Also watching brent crude up by 1 with the home of barkindo speaking Mohammed Barkindo. They say come join us in a cut, we need you. Jonathan lets head to spain. A moment of truth for catalonia. The president is expected to address lawmakers today. The National Police force is set to be ready to arrest him if he declares independence. Maria tadeo is in barcelona where she has been for the past few weeks. Get us up to speed. Maria two things you need to know. One is that is about to give a press conference. He will address the parliament at 6 00 p. M. , but there will be a press conference at 1 00 p. M. Nothing unusual. There is a story we put on the terminal, our very own scoop saying theres a unit of Spanish Police that will be ready to arrest him if they think it is necessary. That means if we get a declaration of independence. The whole Parliame