You have borrowed this phrase for your buck, why connect. Because its telling what people tend to forget about with witchhunts there are no real witches but this overwhelming irrational desire to believe that witches exist is what propels the witchhunt and that is what happened here in an astonishing array of theoretically smart people convince themselves and millions of others that the president had committed the most noxious crime there is in the criminal code treason. Treason is conspiracy with flat amir putin hatched in the bowels of the kremlin to steal the 2016 election and it was based on not a shred of credible evidence and the book explains how now we know through testimony of those involved they never had any possible evidence to launch the original fbi investigation in 2016 and nine months later when the special counsel was appointed they still had no evidence and implement itself violated the regulations authorizing the opponent and i explained how, in the book, one of the
Im also looking at the treasury yields. You can see that 10year at 2. 77. Things are stabilizing somewhat. Gold had a big move it yesterday as a hedge against all the volatility. Old is still up. We will hit the latest market moves. Oil. Also talk crude on, weittle bit later will be joined by blackrock. I want his take on investing in the markets. Lets get straight to the first reviews. The u. S. House of representatives had passed a stopgap spending bill to fund the government until march 23. A senate vote would send it back to the house before thursdays deadline. President trump said he would welcome a shutdown if democrats refuse his demand for a immigration overhaul. President trump if we dont get rid of these loopholes, people continue to come into our country and kill. That are many gang members we do not mention. If we dont change it, we will do a shutdown. It is it it is worth it for our country. I would love to see a shutdown if we dont get this taken care of. Nejra donald tru
Expectations opec will extend output curbs. China Energy Giants report later. Haidi apple fans counting down to the iphone x. Apple asking chipmakers to double capacity. Right, we have Energy Companies in china reporting. I want to bring up a chart, 80 to 96. This is petrochina. This is the biggest destruction of shareholder value in history, and it could take more to convince analysts the stock has hit autumn. Peaked on the first day of trading 10 years ago. Check it out. It has lost 800 billion in market value, i enough to buy italy,isted company in or circle the earth 31 times with 100 bills. Many analysts think the pain may not be over either. In terms of a broader picture, we are looking at a event risks. We had that positive gdp print out of the u. S. On friday. This week, fed leadership and the fomc meeting, boj, boe, china pmi and Inflation Numbers to paint the picture of whether we are getting sustained Global Growth. All of this for Bond Investors to contend with. Lets get ov
Agreement asmplete to the measures to be taken upon analysis of the latest situation in north korea, given a good amount of time. Consistently supports the position of President Trump when he says that all options are on the table. Through the talks over two days, i reaffirm that japan and the u. S. Are 100 together. For more than 20 something the International Community attempted dialogue with north korea. At the time of the agreement of 1994 and the agreement of 2006, north korea committed in abandoning their nuclear program. Each time, the promise was broken. In korea buying time for their nuclear and Missile Development while we were making efforts for dialogue. There was no point in the dialogue for the sake of dialogue with north korea. Now is the time not for dialogue, but applying a maximum level of pressure on north korea. We completely agreed that to make north korea change their musty, japan and the u. S. Take leadership in closely collaborating with the International Commun
The broadbased losses. The dax is getting pushed punished, down 2 . Eurozone stocks down 1. 7 . Really broadbased losses and parts could be due to the stronger euro because we saw following the ecb Mario Draghis press conference, it hit an alltime high. We are up 0. 2 above the 1600 handle. We are seeing broadbased dollar weakness in the session playing through into other currencies in europe. The fixed income space, yield come down in at the core and periphery keeping a close eye on the peripheral spreads which i will get on in a moment. Look at the euro. A guest of the dollar, about 0. 2 higher. Sterling, ever so slightly higher, almost as he will. 1 almost a super. 1 after four day of losses. You are seeing Euro Weakness against the yen. We are down against the yen. Broadbased strength of the yen. Some divergence begs the question if the euro is due to the dollar weakness. If we look at what is happening with the germany spread, we saw it hit its lowest since 2015 after Mario Draghi