And today, gold is trading at the highest level since may 18th. U. S. Treasury yields are lower. German bond yields are close to zero. The vix is up almost 10 today alone. So one big question is are investors ignoring risk thats are in the markets . Lets bring in dominick chu. Hes been sitting here patiently for at least 12 seconds. And mike santolli, youre looking for risky sectors. We want to hone in on three specific ones. We have a limited amount of time. Lets start with one of the hot trades of the year, arguably over the last couple of years. Its been utility stocks. If you look at utility stocks, we know theyve been the safe haven trade. Less economically sensitive and ones that pay higher dividend yields. These things have been so popular that they now trade at around 20 times earnings. That is higher than weve been at any point in the last decade, perhaps an overvaluation concern and, of course, with all of these Interest Rate proxies, these one thats act like bonds, yields an
Monitoring this market today. Oil still pulling back, stocks down but off the lows after Consumer Confidence came in a little better than expected. Of course, this all highlights voter economic worries this election. In fact, in a fox news poll 85 say that they feel that theres more at stake in this election than ever before. To Washington Examiner Sarah Westwood who joins me now. Sarah, i guess every year we kind of feel like its the most important year, but i dont know if ive ever seen 85 of people saying this is it. Thats a big proportion of people. And there are two big reasons for that. Part of it is because both president s are running on creating the other candidate as a danger to america, right . Hillary clinton says donald trump is temperamentally unfit to hold the white house, donald trump says Hillary Clinton is too corrupt to be president. And the other big reason is were going to see a lot of movement on major issues over the next eight years, especially in the context of