Alan joyce. From a one headline monthly job report can reverberate, not just through stocks, bonds, currencies in the u. S. , but around the world. Wages accelerating, the rate hikes accelerating not just from bonds 8 but for pure but 4 . It was the move down and stocks that caught everyones attention and makes us wonder how this carries through in asia. Typical big story in the u. S. , but anyone watching markets, i am serious, this u. S. Baton has been passed Asian Traders and they will determine what happens next. Yvonne i think there is still some time between now and the game for us to talk about what is happening. Of mentioned a little bit equities, that could do some damage in asia. Kathleen how about halftime, you can watch Justin Timberlake and us too. A new round of earnings come big focus on bonds will dominate wall street this week. Su keenan is here to wrap it up. Bull story,bond stock bulls rattled by fridays close. Lets check it out, 666, an ominous number. In two weeks.
1st. Is that what the date was . The fear gauge hitting the lowest level in more than two decades. The volatility index closing yesterday at 9. 77, the lowest level since december of 1993. I cant imagine thats not a place where you would buy. Though normal stocks that hit new lows what do they do . Hit more new lows. Stocks that hit new highs, hit more new highs. It can only go 9 more lower. Yeah. This only happened five times ever. Having always thought in a contrarian way that complacency and when people get participants get bullish, you worry. Call ratios, you worry. Percentage of investment services. If its that complacent i admit, okay, its not going to be le pen, but the world at this point, theres nothing that were not thinking about that could happen that could throw us for a little bit . It scares me. The flip side is if premiums are so low, you can buy insurance and remain long or replace your stock with calls. There are different ways to use this to your advantage to remain