We have a guest with us today. And now, yields are falling, and it is following a fed meeting that did little to bring investors clarity and leaving them dazed and confused. Pete, is that what this is about in the wake of what the fed said. Yes, and the fed has not given anybody anything they are looking for, the confidence and the uncertain factor, and ms. Yellen brought it up, and of course, next week, the brexit, and what is happening in the market . Explosive move in the volatility index up 40 in a week, and it had been running around for a low rate for a long time, and measuring between 13 and call it 14. 5 or somewhere in that range, and then suddenly, we get the spike and we are into the 20s and it is a much more difficult trade for all of of us, and that is a little bit of the sense of where are we in the terms of the uncertainty of what is going on right now, and then next week we will get a lot of things answered. And colbert, welcome back into the crew today, and how should
An historic day and were bringing you a front row seat. Its wednesday, june 13, 2016. Worldwide exchange. Good morning. And welcome to Worldwide Exchange. Im sara eisen here in new jersey. And im wilfred frost live from london in 10 downing street as the uk prepares to welcome theresa may as the second british female prime minster. It is an exciting day. Were glad to have you there though i miss you here. Lets just check on the Global Markets wilfred. Owe closed at record highs for the s p for the second day in a row. This time for the dow as well. S p futures flat to up. The nasdaq by the way closing at the highest level of the year and going into the black for 2016. After the record rally that sent yields to record lows, weve seen a reversal this week out of treasure yields higher. They hit 150 on the 10year yesterday. Backing up a bit. Well keep an eye on it for you. European equities losing some gains. They have rallied sharply. Got a little back. A limit action this morning. The g
Even though it was disappointing, and the Unemployment Rate stayed flat, but he has some regulatory steps to announce in terms of going after Money Laundering and tax evasion, and remember that the trez is sure Ri Department has taken a series of steps on tax inversions and i dont know that the precise nature of what the president is going to announce, but that is the direction. And the president has been expre expressed what is termed a frustration that either he is not getting as much credit for what is taking place in the economy or the perception is out there that the perception is that the economy is worse off than in reality, and he expressed those concerns with our colleague Andrew Sorkin in a article last weekend with the new york times. And how is that factoring in . Well, the administration is claiming the longest streak of private sector job growth by month on record. So that is one of the things that he is going to be talking about, but in reality, the president has been ge