We are continuing to see that sickle cyclical tilt. The financials, industrials leading the way higher that is part of this rate sensitivity narrative. We are seeing yields move higher. The 10 year up about eight basis points. That gives a boon to the financials, which are up by 4 . Stocks whichity are only higher by about 1. 4 . Underperforming. I want to talk about the reopening narrative, how that seems to be the only thing the market is focused on. You are seeing that layout in multiproperty small property stocks. Yes, the data still not looking good. Val 76. 2 ail traffic last week. It is better than the 90 drops we have seen. Notre seeing similar, its great, but its better than it was playing out in restaurants as well. Cheesecake factory given update yesterday. The stock is higher by 20 . Opened about a quarter of its restaurant so far and they are seeing about 75 of their business come back. It is lifting some of its restaurant. Higher today. I want to end on the dollar. I dont
Series 17 to 200 claims please welcome christopher. [applause] our next panelist is the professor himself who wrote the book he is a graduate of notre dame where hes a runnerup valedictorian. But he made up for that when he went to Harvard Law School and won the fay diploma for being top student to graduate in his class. a its a lot easier. Hes been a lawyer and professor including back at harvard for a while. Currently at vanderbilt and the author of this book makes a compelling case as to the classaction mechanism and will hear more from him in a bit. Our moderator today is judge on the night circuit, he is a graduate, a korean immigrant to start with and came to this country and graduated from i believe cornell and also Harvard Law School. Round of applause for judge kenneth lee. [applause] thank you for the introductions. I think we will have a great debate here. We have two experts on class actions. Little bit of format, i will give professor fitzpatrick the floor and let him spea
Republic. Demonstrators who had been marched against the u. S. Calling for death to america have changed course. Now they are protesting against their own government. After tyrone admitted late last week that its own missile shot down the ukrainian passenger plane by mistake. Causing the death of 176 people including dozens of armenians. The shifting sentiment could impose validation for President Trump who is facing a lot of criticism on the justification on the attack on Qassem Soleimani. Mr. Trump went on twitter to pray for demonstrators and told iran not to kill their protesters because the world is watching, more importantly the usa is watching. Information inside iran is hard to get, the riot police have been out in force to control the marches. Many of them are demanding more from the president resigned over the plane crash. Adding to the leadership trouble as european nations are still party to the 2015 are run nuclear deal, which of course the United States has suspended its
Talk a little bit about that is one of the opening 20 make in your book to enlighten the American Public about the rights that the cartel have at the border or the innocent people on both sides of the border one of the things that i think was really important to eliminate in chapter one of the book of what i call the Caravan Cartel is that it couldnt do it alone and i think what is shocking to people is not that you have implicit conspirators out there that are making these billions of dollars in process that is endangering lives wreaking havoc with the fact that you have minted benevolent charities and religious organizations that may think that they are doing a good deed, and of course we all know about the kind of road that good intentions pave, that religious organizations on both sides of the border that are doing service and enabling the drug cartels to make as much cash as they do. Into your state and then beyond and support money subsidizing this entire Shelter Network especial
The dow has been up seven sessions in a row. S p is up six out of the last seven sessions you are talking the highest closes since late july overnight in asia, the sang high deposit was closed for a public holiday. The hang seng up almost 1 in europe, it looks like now most of those markets are in the green, one exception is the ftse down by about. 1 . If you check out treasury yields in the united states, another big story is what happens to the yields some of that movement started after treasury secretary told us that Treasury Department is looking seriously at the idea of a 50year bond for some time next year. Right now, the 30 year is yielding 2. 28 i saw him later in washington and he started talking about 100year bond for the next consideration. Did you prepare for seeing him by watching the interview we conducted . I did thats why i decided to take the 50 and up theante and ask him about 100. To beat the record, he would have to serve 13 years see, i knew it were you talking abo