Nvidia down 4 obviously we have the big inflation data coming out tomorrow but, joe, whats driving this we knew that the inflation data was coming out tomorrow, with he knew we have had these economic worries, percolating talks about impending recession coming back up again yesterday whats going on now . The treasury auctions are important this week. After the three year auction at 1 00 p. M. There was opt mirk, markets lifted off of the lows, there was a belief and the demand was relatively strong whats happened this morning is that price has reversed, a lot of that optimism that was represented in an end of day bounce and now you have broken below yesterdays low. A little bit of technical selling pressure i think theres more nervousness in the 1 00 p. M. Tenyear auction is critical today because weve seen the long end of the curve where yields have been backing up, thats where this battle is going on right now with the Asset Management industry thats Long Duration and then hedge fund
From mega donors. Elena schneider, thank you for joining us this morning with your reporting. Thanks for getting up Way Too Early with us on this Monday Morning. Morning joe starts right now. We will restore peace through strength. Get that war settled. Thats a bad war. And putin, you know, has so little respect for obama that he is starting to throw around the nuclear word, too. You heard that, nuclear. Donald trump over the weekend once again thinking hes running against barack obama. When trump wasnt confusing biden with obama really sad. He apparently thought he was obama. It really is sad. Taking credit for legislation that was signed by his predecessor. So sad. For our great veterans, we passed v. A. Accountability and v. A. Choice. That was a big deal. I have no greater honor than serving as your president and commander in chief, and i have no greater privilege than the chance to help make sure our country keeps the promises weve made to everybody who signs up to serve. With tha
Crossing the Southern Border soars. And as some republican governors resort to political stunts with peoples lives, well talk about that. Later this morning, former Secretary Of State Hillary Clinton will be our guest. We look forward to talking with her as well. Good morning and welcome to morning joe. It is friday, september 16th. Along with joe, willie and me, we have u. S. Special correspondent for bb news, katty kay in london, and the host of Way Too Early White House Bureau chief at politico, jonathan lemire, also with us the president of the National Action network and host of politics nation, Reverend Al Sharpton joins us this morning. You know what people say about our show, that morning joe show is the most mindful show, we teach everybody that two things can be true at one time. Were not always that mindful. Were going to be talking about that. Were going to be talking about the crisis at the Southern Border, and by the way, i understand every two years, yes, theres the Conv
And nothing happened. Are laws stupid . Because ive been following them my whole life now. Donald trump continues to test the limits of the gag order in his hushmoney case, meanwhile his legal team is trying to once again to get the judge removed, less than two weeks before the trial is supposed to start the former president is also suing the cofounders of truth social wait a second, is this thought the trumpiest story of all time. So, this guy im going to sue you. This company goes public, everything trump does he loses billions of dollars, he loses his cofounders. Everything he does. Its so sleazy. But its how you and i and mika and Everybody Else who have been around him for decades, they all say this is how he works. Everybody that goes into business with this guy regrets it, because hes a terrible businessman and he sues you. Its a reflux. If you hang a chandelier in one of his terrible Atlantic City casinos somehow youre going be blamed. In this case, this is a tough story to fol
As long as it tops expectations, they say, nvidia is likely to remain a key tail wind for the overall u. S. Stock market. Theyre going to live up to the hype. Do we really think that one quarterly report, even if they miss is going to motivate investors to remove this company as a core holding and a portfolio . No. This is the anchor. No one is going to say youre going to sell it i dont buy that onebit. Absolutely. I do think, though, if they miss, this stock could go down a lot and the nasdaq could go down 2 so they get the benefit of the doubt if it goes down. Yes, the stock market will go down if theres a miss the bear argument is simple. Forget that they have to beat. They have to beat by how much . They have to beat by an exorbitant amount. Fundamentally, the blackwell chip is coming out later in the y year youve got customers that are going to hold back on spending in anticipation of blackwell the problem is twofold, and the reason why i actually think tonight i wouldnt be surpri