And it was enough. The first cutback in eight years. What does this mean for u. S. Drillers and trackers now. They look at whats going on here in the u. S. Naming his picks for commerce secretary and treasury. Our economic experts. The former commerce players on the warning signs that may be hidden within the big promises that are coming out from these new treasury and commerce secretaries. Charles gasparino has him breaking his beer with new revelations on this fight. Less than an hour to the closing bell. Lets her the kingdom. Breaking news. Novembers is turning out to be one to remember. We are seeing some historic moves. If you on stocks there is a good bet youre making some money. Now check for the 18th record close of the year. The slightly below. 10 in 2016. Not bad here. If you have your money invested in this large gold mine. Its very close to records. I can maybe this has something to do with the fact that in the aftermarket was starting to come off. Is trading near session l
Lets spend a couple of seconds thinking about the beautifully written speech that president obama said it was an historic speech and it really important one. Tom and some controversy on both sides. Did you see the headline come across the bloomberg from Prime Minister abbe . Many Young Americans died in the war. That is an extraordinary headline to see the president and the Prime Minister with the memorial behind them. This is deeply emotional from my childhood. That is not a church. Although it has bordered on a religious moment. Hiroshima hall, arguably one of the great World Heritage site. Just extraordinary to see this moment. I was caught by the president speaking of a terrible force. We know he will meet with for survivors of that 1945 bombing. Get to the bloomberg first word news. Ine of president obama hiroshima. Historydent obama made moments ago in japan, the first sitting president to visit hiroshima. The president placed a wreath at ground zero. He said the bombing shows th
Markets postjackson hole are see aning when we might increase in Interest Rates from the Federal Reserve. Lets start with the work function on the bloomberg. It puts in perspective the moves we have seen over various Asset Classes and what this tells us about expectations for a fed rate hike. In probability of a hike september. Increasing bets on a fed increase. That number was just 22 a week ago. Janet yellen making the case for a fed rate hike. Even if talking about being more gradual in the future. The markets assessing the near term. If you are not convinced about september, it looks like investors are convinced for the rest of the year. 65. 7 of a hike by december. What is that doing to the markets . We have seen greenbacks strengthening. Emerging markets stocks a little bit weaker. A divert ins policy between the boj and the fed. Lets show you the risk and where we are on these various Asset Classes. The dollar index fairly flat. Spoke, took an little time to settle in. It settle
Sea. Turkey is trying to since thats twong two trying suspected smugglers in the death of island pretty of aylan kurdi last september. The state of the Union Address was interrupted to street interrupted repeatedly. Thousands of protesters were met with tear gas. A minor shakeup. Francois hollande spoke live on French Television after he reshuffled his cabinet this thursday, just over a year before the end of his term. He made a list of his priorities for the rest of his time in office. Signedollande i have the government three credit assigned the government three priorities. The first is to protect the people, the second is to create the, and the third is ecology, the environment, and the tradition transition to new energy. Added two president more ministers and five state secretaries. He also brought in three Green Party Members, reinforcing the number of the socialist party cost allies in the government socialist partys allies in the government. The Biggest Surprise is the addition
Its sent the stock down. Well explain that further. And as Donald Trump Takes Center Stage as the Presumptive Republican nominee, how to trumpproof your portfolio. Lets start with the decline in oil prices. Jackie deangelus walks by. Were you going to tell us than . No. Its all despite news of the wildfires in canada and a big shakeup with the Saudi Arabian government. Its oil minister is being replaced adding more questions on whos in charge of the oil. Lets talk about what this means for the energy markets. Was this entirely unexpected . No. The mr. Everything deputy crown prince hes really been setting oil policy for some time. This was not unexpected. It was a little brutal the way he was dismissed by a royal decree. Hes kind of the alan green span of oil in saudi arabia almost frankly for the whole world and to see him the news didnt go out as he resigned and we all have to read between the t tea leaves as to what happened. It was pretty clear. He was kind of unceremoniously moved