James freeman. Much made of the inversion of the yield curve between twoyear yield on the treasury and the 10year, but what do you make of the markets right now . Well, we had really a trifecta, the poor numbers out of china with Industrial Production worst numbers in 17 years. We had a poor number for germany, gdp negative, second time in four quarters, fourth largest economy, the Worlds Largest economy in europe, of course, the inversion of the 2s to 10s that weve all been waiting on. We have seen other parts invert. This is the one recognized being symbolic for, predictor of possible recession and i think that most of the reaction was about. But as we look at the numbers and relative, mixed Economic Data, unemployment is still low, wage gains are still there, i think yesterday was reaction to a lot of scary data that came in, but we are still positive about the markets and we think that weve got some runway head here. Dagen lindsey to that point, the 10year yield closed 1. 596 . I w
Parties to remain calm. And a warning to the Supreme Court. Topic radical dems in the senate telling Supreme Court justices to quote heal the court or face a fundamental restructuring. One of the most bizarre warnings in history of well, the Supreme Court. In this country, calm is not the order of the day on wall street. Outright investor exuberance rallyingthe stock and bond markets. The dow soaring into the Trump Administration announced aid a delay. The Dow Jones Industrial almost a 400 points on the day. And on that news. With the administrations decision, Edward Lawrence reported from washington. Reporter the president decided to put some items under tariff on september 1 and others delayed until december 15. Large group go under tariff on the september 1. Including milk and sour cream. They say they delay tariffs and other items until december 15 for health, safety and National Security reasons. The list includes cell phones, laptop computers, video game consoles, toys and clothi
Parties to remain calm. And a warning to the Supreme Court. Topic radical dems in the senate telling Supreme Court justices to quote heal the court or face a fundamental restructuring. One of the most bizarre warnings in history of well, the Supreme Court. In this country, calm is not the order of the day on wall street. Outright investor exuberance rallyingthe stock and bond markets. The dow soaring into the Trump Administration announced aid a delay. The Dow Jones Industrial almost a 400 points on the day. And on that news. With the administrations decision, Edward Lawrence reported from washington. Reporter the president decided to put some items under tariff on september 1 and others delayed until december 15. Large group go under tariff on the september 1. Including milk and sour cream. They say they delay tariffs and other items until december 15 for health, safety and National Security reasons. The list includes cell phones, laptop computers, video game consoles, toys and clothi
This predicted great future for china jim webb select stage of parties to remain calm. Development. What happened since then the and a warning to the Supreme Court. Economy is terrible at its topic radical dems in the lowest growth rate since 1992. Reality probably isnt growing senate telling Supreme Court at all. Hes losing the trade war for President Trump and now he has justices to quote heal the his obvious sign of internal court or face a fundamental dissent in hong kong but i think we all know that some of restructuring. One of the most bizarre the discontent you see in hong kong is true on the mainland. Warnings in history of well, just cannot express it there. The Supreme Court. He is under real pressure and its been a huge change. A lot of it thanks to getting in this country, calm is not tough on them on trade from the the order of the day on wall United States. Lou and huawei, the band going street. Outright investor exuberance rallyingthe stock and bond markets. The dow soa
Is pouring into tenyear treasuries as a safe haven. Trouble, trouble everywhere but treasuries offer a degree of security not found elsewhere, and well pay you interest. You dont get that in europe or japan. Heres another opinion. Surely the Federal Reserve will now lower Interest Rates very soon and very sharply. Ive got another reason for the selloff and its hong kong. Its calm right now but is this the calm before the storm . There are signals that beijing has had enough. Things are coming to a head. Number one, Chinese State media now calls the demonstrators radicals and appears to be whipping up mainland support for a forceful end to the protests. Intervention, they say, is inevitable if the situation worsens. Two, there is video of chinese troops massing at the border. Three, the demonstrators are being told not to move to a different part of the airport. Just a few dozen remain. Four, the chinese accuse Speaker Pelosi and Senate Leader mcconnell of inciting chaos. President trum