Bond market barely budged today. Was todays rally the last best chance to sell we dont want to rain on anybodys parade we are sure a lot of people out there are very happy that stocks rallied today, but at the same time for an asset class, the bond market that has moved so, you know, extraordinarily in the past week and a half or so, for it to barely move today, thats a head scratcher. First of all, lets be clear. Love mariah carey whenever i can get her, especially in the heat of the august summer season. But what you are talking about is treasury is at three basis points we havent been here since 2007. You have a dynamic with the bond market, long bond about to set historical lows. Lets talk about the rest of the world. In germany theres zew Economic Confidence back in 2011 levels when we were talking about green chutes or so it seemed. If you think about the equity markets euphoria today and is it a gift from santa or truly just a reminder that the market is responding to headlines
Party in particular are offering not much more than their thoughts and their prayers. And you know, i was thinking and praying about it, and both parties say they say one thing, that were too divided. This is something we hear a lot, that we need to find something we can agree on. Well, heres something we can agree on. Too many people are being shot with highpowered weapons. I think wed agree on that. [ applause ] and agree on this too. They did a poll last year. 97 of gun owners, these are gun owners, support universal background checks. 97 . Thats unheard of. You can ask people is ice cream delicious and not get 97 . But the Senate Majority leader Mitch Mcconnell, this evil soulless old creep wont even allow the senate to vote on a bipartisan bill to require background checks for gun purchases at gun shows. There are two bills, each written by democrats and republicans together because background checks, something we agree on. These bills the bills passed in the house in february, an
Here waiting for the next one. Guillermo, are you prepared for an earthquake . Yes, of course. Jimmy do you have an emergency kit at home . Yes, i do. Were going to get under the table and backpack by the door with water. Jimmy do you have the backpack itself . Yes. Jimmy whats in it . Water, cookies and tequila. Jimmy okay. [cheers and applause] i do. Jimmy that would be fine if were you the cookie monster, but you need to have bandages. You need iodine, you need all of that stuff. In fact, i went online, and ive been looking at emergencytype products. This is how i calm myself down. I go and buy things. But there are a lot of items you can get for when the worstcase scenario happens. These are real. This can be purchased right now online i this is the gluten free emergency food kit. Because the last thing you want to be is bloated when youre drinking toilet water to be alive. That is at my patriot supply. This is the storage container, also known as a garbage this is a flashlight tha