In europe, also watching what has been happening there, you will also see just like yesterday europe is down across the board. The biggest declines coming from france and london. The cac off 1. 6 among the big market themes, momentum stocks outperform, some momentum factor er, etf up on pace for the best ever launch since 2016 we are going to have a technical analysts on. I was distracted i asked the analyst whether it works like this with the outliar. They insist, no matter what, they did bounce off the level. The ones they mention. It hit exactly and bounced off it we have bleakly here lets say this, we manage 6 billion of assets. We want that to go up. It is risk management. We need p emto worry. We have a lot of them around today. Including me burgon county, the first presumptive case of coronavirus. Energy is in a bare market off from its high in april industrials also in correction territory. Gold on pace for its best performance. Looking at prices this morning, youll see they ar
Im going to be interested in the contrast between Monetary Policy and the skinny budget. The first budget from the Trump Administration, it will be fascinating to see. Alix and dynamic scoring. Here is where we are stacked up. 2. 5 hours before the open in the u. S. Equities softer, s p futures off. 10year yield on the margin, the basis point down. 1 ascatching a bid, up 1. The pound recovers. Europound was down for a while and is now reversing. Im taking a look at where volatility is nowhere, up by just. 5 . Goldman sachs says buy copper and oil, market not listening. A 60 losing streak, the longest since november. Kicking off this big week for Central Banks, our guests. To me, the big question is 2018. It shows the possible rate hikes the markets are expecting. For 2018, we are just over to michael. What is it going to take for the fed to move that line . Its going to take more clarity on the fiscal front. An interesting disconnect is it being pulled up on fiscal but not expecting th
Socalled safe sectors like utilities and staples that have led the way. The question now is do you stick with defense or Start Playing offense and position your portfolio for growth. Its surprising for some. Been surprising for me. Timmy and pete would say otherwise. I dont think it surprised them that much. I dont think you have to change your game plan. Some of the things weve been talking about for a while. Gold still works. Had a te sent day today ch should have been down. Tlt still works. Sold off today. I know people say maybe this is a turn in the bond market. But i think you want to stay long the bond market and defense stocks, not defensive stocks. Names like lockheed martin, who made comments today about the sort of Global Environment we currently find ourselves in. I think all these defense stocks work as well. In terms of the broader market, youve heard a lot of people talking about the potential for an outside year to the upside in the s p. B i dont want to get too wonky,
In the might be team take a look at what happened overnight in asia. Right now, asia closed up just slightly. The shanghai comp was down slightly. The hang sang up. 30 . Europe in the the early trading right now. See red arrows across the board. These are declines. Pretty mad rat. Basically a quarter percentage point decline across the board. If you check out crude oil prices big thing to watch yesterday. Crude oil up jed yesterday. Biggest jump in five months. After we saw that confirmation of the drawdown that had been suggested the night before, you see right now wti giving back a little gain. Decline of. 51. Breaking news out of north korea overnight that could be ralting markets this morning. The country claiming to have successfully tested a Nuclear War Head in what may have been most powerful detonation ever. South korean said it was the fifth test and had the impact of a ten killton explosion. President obama was briefed on that test aboard air force one. He said any provocativ
How dare you disrespect me, how much you did. Youve got to be kidding me, you spoiled brat. The profanity laced voicemail and multimillion dollar lawsuit he is facing. Fox and friends first continues right now. Jillian good morning, you are watching fox and friends first. Rob donald trump calling the democrats bluff on impeachment, they are expected to send a letter saying the president wont cooperate with this inquiry until nancy pelosi holds a formal vote. Jillian Griff Jenkins explains how the claims against the president may have gotten weaker. Reporter today is the deadline they gave mike pompeo to turn over documents related to the impeachment inquiry or face consequences for obstructing congress but the white house is expected to send this letter to nancy pelosi announcing they will not comply until she takes the formal vote. Kevin mccarthy laid out the letter but pelosi rejected saying there is no constitutional requirement for such a vote. Kurt volcker testified for 9 hours be