Out of these meetings. One of the greatest assets of the president is his accessibility. He talked with a number of people on his staff day in day out and that is not changing. Congratulations on your first on camera appearance. We will see how it goes. Lets hold the champagne for a little while. I know you stated earlier the president is neutral in the race for president of france. President obama had a very gracious calling the winner and loser in international watched elections in israel, france, egypt in its first election and in japan. Will the president do the same with the two candidates in france . I would imagine that would be the case. He made a practice of reaching out to foreign leaders across the globe and i would imagine he will do that once this election concludes but i dont know that for certain but i would imagine that takes place. Going back to the executive order on the Johnson Amendment, 20 years ago, congressman walter jones of North Carolina introduced the first l
Holiday shortened but jam packed week. Futures are lower. S p on a sevenday win streak. Europe relatively mixed, tenyear 224 income and spending in line. Case shiller in line as well. Our road map begins with the president back on twitter, reigniting harsh rhetoric with germany. It is a tech led rally. Amazon and alphabet getting near the 1,000 mark. The summer movie season, is it in trouble . The shortened Holiday Market week see if the s p will extend its win streak to eight. The president wrote we have a massive trade deficit with germany plus they pay far less than they should on nato and military. Very bad for u. S. This should change. It suggested german automakers behaving badly. Is it too to imstop being so polite on germany, jim . It is the European Union and germany is emblematic but you look this morning we dont want to raise rates and dont want to get off of life support. Germany has numbers that are extraordinarily good and i do think that the mexican buildup of cars by bm
Records for the three last week. We settle back once again. The gains we have seen were not dramatic ones. It has been slow and incremental progress. Volatility continues to be very low as well. Take a look at the bloomberg. We have vix and yellow and a correlation between stocks in the s p 500. This is something that has been a part of the conversation about low volatility that we were not seeing much correlation between stocks. That was one of the things that was tied in with volatility being low. Correlation appears to have bottomed, at least for the short term, and is going back up to stock movements are a little more tightly correlated we will see if that is indeed a precursor to the vix rebounding at all. In terms of what is moving, to some extent we have strength and financials. Not a future amount, but enough to offset some of the losses we are seeing in drugmakers, for example. Jpmorgan, citigroup, and bank of america are trading higher, along with a bump up in rights, after a
Records for the three last week. We settle back once again. The gains we have seen were not dramatic ones. It has been slow and incremental progress. Volatility continues to be very low as well. Take a look at the bloomberg. We have vix and yellow and a correlation between stocks in the s p 500. This is something that has been a part of the conversation about low volatility that we were not seeing much correlation between stocks. That was one of the things that was tied in with volatility being low. Correlation appears to have bottomed, at least for the short term, and is going back up to stock movements are a little more tightly correlated we will see if that is indeed a precursor to the vix rebounding at all. In terms of what is moving, to some extent we have strength and financials. Not a future amount, but enough to offset some of the losses we are seeing in drugmakers, for example. Jpmorgan, citigroup, and bank of america are trading higher, along with a bump up in rights, after a
Records for the three last week. We settle back once again. The gains we have seen were not dramatic ones. It has been slow and incremental progress. Volatility continues to be very low as well. Take a look at the bloomberg. We have vix and yellow and a correlation between stocks in the s p 500. This is something that has been a part of the conversation about low volatility that we were not seeing much correlation between stocks. That was one of the things that was tied in with volatility being low. Correlation appears to have bottomed, at least for the short term, and is going back up to stock movements are a little more tightly correlated we will see if that is indeed a precursor to the vix rebounding at all. In terms of what is moving, to some extent we have strength and financials. Not a future amount, but enough to offset some of the losses we are seeing in drugmakers, for example. Jpmorgan, citigroup, and bank of america are trading higher, along with a bump up in rights, after a