Charles general, i want to start with the big news item. President trump saying iran will never ever have a nuclear weapon. But the deal with obama gives a de facto guarantee they will have a nuclear bomb. I think thats u. S. Policy. We should formalize the policy and make sure the iranians understand while president obama is supporting this nuclear deal we made with five other nations, and we suspect they will cheat which will bring the deal down. Well never ever permit iran to have a nuclear weapon. It should become u. S. Policy that well stand behind that statement. Charles air force 1, appointly the first time a plane has flown from saudi arabia into israel. You have a different sort of president here, one i customed to making deal and acknowledges peace within the middle east is the longshot. But that symbolism for a lot of people adds hope maybe President Trump will be the one who gets this started to some final conclusion that is a peaceful settlement to those involved. I cant s
Lets get to the floor show. Traders standing by at the new york stock exchange, cme, and the nymex. Uni have talked many times about what the year was going to bring, but the bigger question is what could hurt this rally in 2014. Like you said, we have talked about the positive effect we have seen. I think what could really hurt the market is going to be too much tapering. Going too far too fast. The government needs to look at this and do it in n orderly fashion. While doing so disseminate information to the public so there is transparency and investors feel like they know whats going on. If there is too much too fast the economy can a kind of shake around a little bit which is the last thing that we need right now. They have the luxury of having a finger on the pulse of the cable to make adjustments on the flight. The precise movements will be correlated. We will see that in our markets and economy. Cheryl i want to jump to the nymex. We are looking at oil. I want to get your take on
The Fête de la Musique is back in China. This popular festival has become a must in major Chinese cities for those keen to celebrate summer with music.