Half hour, joining us for questions. If you had to pick one, would you rather buy gold or bitcoin a lot going on this morning on squauchl thats actually a game we play on fast money would you rather that answer, the day after bitcoin crosses, particularly saling at the section. What i like best when they move in the opposite direction with pops and drops. Was that not a fast money that is like classic fast money circa 2007 classics are the best that is peered the way they are moving together. The way of the digital gold story. Weve got all of this money printing the depth of the crisis getting down to 4,500 . I think lower like 3,500. I wanted to ask you i dont know where you are i dont want to know what type of lease arrangements have you seen. When are they coming back to work at google summer 2021 what is it now . Summer of 2020 it is a year from now google, alphabet is the most out there. Facebook is june 30, 2021. I wonder if all the Big Tech Companies follow suit. Microsoft was o
Other. Yesterday, down over 200 adding that, you are down more than 1,000 points of decline in early session right now. Well see what the market does as we get close tore reopening and of course to the closing bell today s p 500 down 33 and nasdaq down 101. The central bank indicated it would keep Interest Rates near zero projected that the u. S. Economy will shrink by 6. 5 in 2020. They do see a gain they are expected by 5 in 2021 followed by 3. 5 gain in 2022 and will continue increasing Bond Holdings and Mortgage Backed securities at 40 billion a month. Take a look at the 10year note, yield now sitting at 0. 698 . Crude oil prices have also come down a little too. Wti is down about 3 this morning. Ticking at 38. 38 a lot of this is because of what the fed is you no saying you are really expecting some tough economic sledding. The news out of 12, 13 states probably not great either. I think it would be hard for me to sell right now. You wait around. We dont invest. You would have wis
Treasuries. Over widening its lead china as being the top foreign holder of u. S. Treasuries. That is the main headline crossing the bloomberg terminal. We are talking about a total amount not quite sure what the total amount is. The headline is that japan continues to widen its lead as top foreign order of u. S. Treasuries. Scarlet chinas share dropped even more. Both of them decreased their stakes. Reporters toour check in with them to see what they are monitoring. Abigail i am watching the tech shares you all were talking about after yesterdays small pullback. The bigger public for the stocks perhaps on the signing of the phase i trade deal. Lots of dreams of green on the screen. We have macron trading strong. Inductors big in on these tech dreams. This is one of the scary charts to take a look at. 500 tech index going back a few years. The yellow line is the 200 Day Moving Average. Investors buying technology. There are periods of time where the s p 500 has been well above the movi
Want to call it, it has aheived for market. Investors are looking for clarity on two major issues Interest Rates and trad thisweek, the Federal Reserve policymakers meet to decide whether t now is time to lower the benchmark rate. Most say it is not, but some say it is. The market wants a rate cut. Some economists argue its not necessary. If a rate cut doesnt come at this weeks meeting, investors will be looking for clues as to when it will, given the escalating geopolitical and trade nsions, as well as slowing global growth. And with that as a backop investors were in waitandsee mode today. The dow jes industrial average rose 22 points to 26,112. The nasdaq added 48. And the s p 500 was uptwo. Bob pisani starts us off tonight from the new york stock exchange. Stocks are off toui a start so far, but theres no shortage of marketmoving catalysts to comen the week ahead. Thats whats important. Trade talks and the Federal Reserve will be front and center all week with President Donald Trum
Maria good Tuesday Morning everyone, thank you so much for joining us this morning. I am maria bartiromo, tuesday may 7 from the milken global conference in los angeles your top stories right now 6 00 a. M. On the east coast the latest in rafah israeli officials have gone in the officials confirm either taking control of the rafah crossing after launching a ground operation yesterday more on that coming up this morning with texas congressman keith self and virginia congressman rob wittman still ahead antiisrael protesters speaking havoc around new york city hundreds of demonstrators taken over central park yesterday burning the American Flag, vandalizing memorials, blocks away from the met gala which they also traveled up to more on all of this coming up, new york versus trump the trial resuming with a brandnew witness while judges threatening to throw donald trump in jail for violating gag orders who they said yesterday. This is a political witchhunt election interfering and really tr