Points that happened with markets closing at their session lows. Weakness across the board. A lot of different sectors under pressure financials, materials and Consumer Staples all down by more than 1 well see what happens this morning. Futures indicated up this morning. Overnight in asia, the nikkei ended down by about a quarter of a percentage point the hang seng up by. 1 and the shanghai composite was flat and in europe where theres active trading taking place theres green arrows across the board. The biggest gainer of the three major averages is the cac up 1. 4 but you see gains of better than 1 for the ftse and dax as well take a look at whats happening with treasuries. Right now the ten year is yielding 1. 588 . So the yield picking up just a little bit the two year yielding 1. 539. Lowes is solidly higher on the numbers here 215 adjusted versus estimates of 2. 01 on better than expected revenue. A little bit anyway. The revenue is 20. 9 expected and 20. 94 to 20. 99 and then for
We should also note that yield curves around the world are feeling the pressure as well we did have on friday the german bund, the 10year, falling to its lowest level ever. As for the asian markets, the nikkei down by 1. 75 hang seng also pressured by what is going on in hong kong in terms of the protests there, down 3 . Shaun hi shanghai down 1. 6 in europe, red arrows across the board. Dax is down 1. 35 . Ftse down, as well we have a stronger dollar against the major currencies weaker crude, wti down 0. 7 . Brent down 0. 75 . Couple safe haven trades working this morning, gold prices are up. They actually have been on a great run. They were under 1300 about two months ago you see them up only slightly, little less than 1 , probably because they had been so strong lately not a lot of oomph year. Bitcoin also getting a little bit of a boost right here. Obviously, a lot of capital and motion across borders. That could help the sentiment toward bitcoin you see it up 7 at 11,750 lets talk
That could be very damaging to a lot of these people. They say, he could not have killed himself, if he didnt who did . Some say it was the russians, other claim it was the queen even President Trump got involved, suggesting that maybe bill and hill were involved. New york post tonight reports he hanged himself with a bed sheet, the feds offering some clue, were told epstein was not on suicide watch, why not . And guards had not checked on him for hours, was he not supposed to be looked after every half hour, his cell mate reportedly made bail friday. There is also reportedly no video. And attorney general,ual barr im barr is furious. I was appalled, and whole department was. Frankly, angry. To learn of the mccs failure too adequately secure this prisoner. Kennedy 66yearold up stein was looking epstein was looking at 45 years in prison, could something more sinister be afoot . Joining me, jack johnson. I dont think we need to engage in conspiracy theories atthispoint, because were doin
That could be very damaging to a lot of these people. They say, he could not have killed himself, if he didnt who did . Some say it was the russians, other claim it was the queen even President Trump got involved, suggesting that maybe bill and hill were involved. New york post tonight reports he hanged himself with a bed sheet, the feds offering some clue, were told epstein was not on suicide watch, why not . And guards had not checked on him for hours, was he not supposed to be looked after every half hour, his cell mate reportedly made bail friday. There is also reportedly no video. And attorney general,ual barr im barr is furious. I was appalled, and whole department was. Frankly, angry. To learn of the mccs failure too adequately secure this prisoner. Kennedy 66yearold up stein was looking epstein was looking at 45 years in prison, could something more sinister be afoot . Joining me, jack johnson. I dont think we need to engage in conspiracy theories atthispoint, because were doin
After todays magnificent run the dow gaining and s p gaining and nasdaq 1. 5 maybe we shouldnt lend so much credence next time some indicator flashes red when tenyear treasuries were giving you it, experts came on the air and said a recession is insev inevitable and you should be afraid thats no way to make decisions about your money i explained over and over again you get a much better read by listeni ing to conference callsf individual Large Companies they said consumers are liable now look what happened yield curve on friday, if you took your queue from the panic and sold everything, you got burned thats the problem with following the big data an inverted yield curve may mean a recession but tell that to tens of thousands of people that shop at walmart every week the president gave walmart a shout out. Ups delivers hundreds of amazon boxes every day and tell it to the geeks at visa and mastercard or apple where the Service Revenue stream keeps growing the companies are seeing a sign