Good afternoon. Good afternoon. Thank you. This is not my mic im not used to it so i kopght hear if you could hear me. Thank you for joining us for ow program with author amy gold sustain who will discuss her book janesville an american story im renee here at the public library. At this time, i would look to ask that you turn off or silence all of your electronic devices. Also, at the end of todays program ms. Goldstein will have time for question and answer and then be available under the skylight to autograph books. We do still have a few available i think if youre interested in purchasing a book and you didnt get a yellow post it with a number see phil in the back. Also with the q and a, i just want to make sure that were all going to be on our best behavior. [laughter] ms. Goldstein is here to talk about her book. Shes not a politician. [laughter] and you will get to ask questions like i said youll raise your hand. Ill bring you the mic, and you dont need please dont Start Talking
Two years. Massive bit ofa chinese index dropping in a few months. Last, theill they markets will open in less than 30 minutes. We will see what is going on is a gauge for what is happening here in hong kong and beyond. When you look at the market and be you might get surprisingly cautious. Talk on the street here, anecdotally of course, they are and of scratching their head and wondering why we are seeing this rally. There have been a changes in the market. Cement makers. Here is your share index that goes all the way back about 12 months. This is your relative strength index, this is the highest level , this was right before things came crashing down. This came back in april, i think i can show you that. This had a little bit of time, april. There we go. Months, next seven these lost close to a trillion u. S. Dollars. Still about 30 lower, that being said, this is about 79. 99 how close is the situation leading up to that . Do you see any parallels to that . There are a few. The othe
8 00 in thes emirates, 4 00 in london. I am uses community yousef gamal eldin into by. We had five Straight Days of declines. If you look at the reflation in the asian session, not a lot of conviction at the moment, is there . Shery it seems to be fading right now. Treasuries just climbing, reversing declines. Look at my gma function. We are seeing the markets in the asiapacific looking pretty maxed. A halfkei fell just percent. We have more strength for the japanese yen, up 0. 2 . When it comes to commodities, we saw the Commodity Index rebound over night, tracking gains in metals. Metals in asia gaining momentum. The big story when it comes to commodities, oil is swinging between gains and losses. Is a lot about oil. Let me show you what happened overnight. We did get debate out of u. S. Crude inventory. I put the wti reference price. That is your line in blue. The important one to watch out is the white line in white. You can see this is a build of 9. 5 Million Barrels last week. An
Travelers are reacting. We are going to speak to the largest holder of french debt. We ask the head of fixed income for his strategy ahead of the election. Matt we are less than a halfhour away from the european open. Take a look. First off, at futures at the dropoffs in u. S. Markets. We had more than 1 drop in s p 500, actually 1. 25 drop. We had futures down here in europe as well. Take a look at bunds here. I will pull up a twoday chart of burnds. Gains for days of yield so investors buying german debt and it weighing on the yield here. Guy. Guy let us take you around the dmn. The gmm. Yasiel market is down by 1. 56. Japan by 2. 13. The dollar is bouncing back a little bit. In some ways, that is logical. The dollar doesnt feel that criteria so we are seeing that clearly. Look at the aussie dollar, swedish krona. That is the trade you are seeing at the moment. There is a number of interesting things going on here. We are going to discuss why we are seeing this selloff in a little bi
Challenge that american policymakers are grappling with right now as a result of brexit, assuming it happens. . Al the American Economy is doing best of the western economies, but it depends on how they do. Europe for all of its problems is not unimportant, and this. Is it will cause a downturn not just in Great Britain but also on the continent, and that affects the u. S. There is nothing we can do about it, but that is the fear. John do you think the economics are more disconcerting to american policymakers and potential security implications dealing with all the various things that america has to deal with in terms of how europe can run middle eastern challenges, terrorist challenges, etc. , etc. . Al pigeon has been a real concern. Putin has been a real concern. Great britain has been an ally in most of the confrontations we have had. Back to the way it was in the middle east, but they really have been. If it is a weaker britain, that is a problem for us in security area. Mark i wo