Main drivers for todays action. Coming up, sara eisen will talk exclusively to boston fed president eric rosen gren. These will be his quiet moments before going into a decision joining us for the hour is jim lacamp, Senior Vice President of Wealth Management at uvs i feel like when you look at this market there is a Little Something for everybody. You can find a reason to be bullish, bearish, we are all awaiting the feds decision what do you make of todays action and ahead of the fed decision. We have seasonality coming up, too, late july to late october is usually our most volatile time period in the market risks are symmetrical right now. We have upside, corporations are doing fairly well if you break it down to individual stocks and companies and a few sectors, theyre doing extremely well, and we have a tenyear treasury yield that is lower than the yield on the s p 500 so rates are very friendly, particularly if we get a rate cut, we think half a point based on what the fed governo
court and in the federal right to abortion, the nightmare scenario is playing out across the country as we get new evidence of hope of a growing backlash. all in starts right now. good evening from new york i m chris hayes. you know maybe 2022 but we today we have a new in the official investigation into an apparent or possible trump administration s conduct. today, the irs announced it is asked the treasury department inspector general to look into audits of the two leaders of the fbi james comey and andrew mccabe. they were both selected by the irs, supposedly at random for very rare intensive financial audits. to give you a sense of just how rare this invasive random audit is, just one out of 30,000 sickening to taxpayers is selected forward in any given year. now they started an interim investigation the irs is still run by the trump appointee commissioner claims it is ludicrous and untrue to suggest that i arrest officials somehow tout targeted these officials. knowing
and two weeks after the supreme court ended the federal right to abortion, the nightmare scenario is playing out across the country as we get new evidence of hope and growing backlash. all in starts right now. good evening from new york i m chris hayes. you know, it may be 2022 but today we have a new story in the official investigation into an apparent or possible trump administration s conduct. today, the irs announced it is asked the treasury department inspector general to look into audits of the two who dared to cross donald trump. james comey and andrew mccabe. they were both selected by the irs, supposedly at random for very rare intensive financial audits. to give you a sense of just how rare this invasive random audit is, just one out of 30,600 taxpayers i selected for in any given year, and all the sudden interment us occasion with the irs is still run by the trump appointee commissioner claims it is quote, ludicrous untreated suggest that senior irs officials are
S p indicated up fractionally. The nasdaq up fractionally as well overnight in asia, the nikkei ended higher it was up by 11 points thats still a win hang seng was up by a quarter percent. So was the shanghai composite. This morning and in some of the early trading weve seen take place in europe, modest advances actually things are relatively flat the cac is up by 0. 1 . The ftse is flat the dax is flat. Well see how things react as we get deeper into the trading day. Lets look at crude oil prices crude was down yesterday this morning its back above 50. 50. 7 5 50. 70 Hurricane Maria is lashing the islands, and puerto rico is preparing for a strike Steve Mclaughlin joins us now. From 7 00 p. M. To 1 00 a. M. , this storm had winds of 175, were down to 155 this is a strong category 4. The eyewall a bit bigger, now on land, mainland puerto rico we dont get an official landfall until the center of that eye crosses land. Here are the implications. 150mileperhour sustained winds, gusts to 1
Tom keene and francine are off today, it being labor day. Manus lets get straight to the bloomberg first word. The head of japans Central Bank Says new ideas are not off the table. Declined to rule a new initiatives today. The bank of japan is reviewing its policies to see if they are effective. And japans of china are leading today as tensions rise in the east china sea. They will talk on the sidelines of the g20 summit. Byan has protested patrols chinese warships near japanese administered islands. North korea has testfired more missiles. They fired three Ballistic Missiles off the east coast of north korea. South koreas president criticized the north for what she called provocation. Putinn president vladimir has continued agreed to continue talks over a ceasefire in syria. Secretary of state john kerry said the russians walked back on a part of the agreement that was agreed to earlier. For the first time, chancellor in aa merkels party lost state election. Her popularity has plummet