Manus im manus cranny. We have got the pmi. We have the composite that comes in better. Germany slow down 54. Francine both manufacturing and services. We are better than expected. Manufacturing unchanged, but the services rising from a year earlier. That is the pmi data. The top story this week being the ecb. Lets take a look at the big market moves following draghis press conference. Ryan interestingly have not seen the euro strengthen very much at all on the back of the pmi reading which beat expectations. This is the euro over the last two days. It was tanking. It tanked for 11. 5 hours after mario draghi started speaking. Everyone anticipating more helicopter money on the way. Its settles a bit now. You look at the options market. Increasingly sense draghi started speaking yesterday, traders are getting more and more bearish on the euro. Lets go and look at the stoxx 600. A second day on fire. It rose 2 yesterday on the comments from mr. Draghi. And it is up again today about 1 .
Theres a Traditional Store that goes along with that. Theres a lady and a moon. Sounds good, right . I was just thinking, what do they drink . Sake. Wrong, wrong, wrong country. Jack lew is talking tax reform at a 45. Do you think they will get anything done . No. Producer calls this a sprint. It is more like running in place to do nothing. U. S. Mens open finals are tonight. We have the 11th seeded and the 14th seeded. And you are going. Yes, it should be fun. How come he gets all the tickets . I have no life. You went to the jets . Yes. You spent the whole weekend in a hockey rink. Futures ares, commercia negative 3. That is the s p 500 off of a very good friday. There is a lofty dow. We will talk to Jeffrey Rosenberg and the 7 00 hour about where the dow is versus the economy. I will get to the sterling in a minute. Theres the brent crude. Instability this causes everybody angst. Ates the pound sterling 1. 70. This is jawdropping. Move to thetanic banking system. Back here in july,
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Play to your strengths, figure out the aspects you are better at, and try to use those to a greater degree than the things you re weak at – Keith McLachlan, Integral Asset Management.