In europe, the dax up 1. 5 the cac up 1. 4 . Ibex up by more than 1 . Looking at the treasury yields the tenyear yield cracking 1. 7. Went out on the day at about 1. 71 the tenyear yield now at 1. 675 tom and i were chatting about a blog post from pimco saying u. S. Nominal yields could go negative dont blame the Central Banks, there are also Secular Forces at play that could bring down u. S. Rates. I think thats what happened overnight. It caught a bid because of that blog post. Thats a big story with pimco, the Largest Bond Fund manager in the world saying rates could go negative, rates could go negative. 1. 67 on the tenyear yield. Disney shares are under pressure this morning. The company reporting earnings of 1. 35 a share, missing analyst estimates by 40 cents. Revenue coming in short of forecast disney blaming costs related to the creation of its new streaming service, which we knew would cost something and the integration of foxs entertainment assets which it bought for 71 bill
Trend but just an adjustment. Here is his rather ignor ignoret statement about Interest Rates. To ensure against down side risk to provide support to the economy. If those factors are pushing down on economic growth, then to support inflation. We think it will serve those goals. But were thinking of it, essential well nature of mid cycle judgment. Lou a mid cycle el anxiety jus. Dow sold off and nasdaq down 155, s p fell 45, Edward Lawrence with more on the story from the white house. Reporter the Federal Reserve cut rates a quarter of a point. But not everyone in the room who was voting was happy about it. There were two decenters, boston Federal Reserve president , and kansas city Federal Reserve president , they thought that fed fed funds rate needs to stay where it was. In end Federal Reserve chairman powell said it was nothing within u. S. Economy domestically that called for a rate cut. To your point this afternoon, Federal Reserve say the in light of implication of global develo
That key 3000 level again. Joining us for the entire hour nancy tangler from tangler wealth management, welcome, nancy. Thank you, sara. We are seeing a nice rally on wall street. What are you doing right now what are you buying . Still focused on the consumer the china news is good but i dont expect us to get a deal soon u. S. Consumer. Yes, thank you. Although china did pretty well according to coke. Yeah, great interview by the way. Thank you mcdonalds, home depot, starbucks, those are some of the names we like in the consumer space as well as coke, one of our largest holdings. Who do you think likes the bachelor more i didnt know tyler was a fan. Im a super fan. Anyway lucky were getting that show on cnbc. Theyre one of the best couples. The new show. Oh, theyre from the bachelor. Im lost. Kayla tausche and seema mody has United Technologies and josh lipton has details on potential app de apple deal in the works and diana olick. Kayla, lets start with you. Wilf, theyre expected to
Trend but just an adjustment. Here is his rather ignor ignoret statement about Interest Rates. To ensure against down side risk to provide support to the economy. If those factors are pushing down on economic growth, then to support inflation. We think it will serve those goals. But were thinking of it, essential well nature of mid cycle judgment. Lou a mid cycle el anxiety jus. Dow sold off and nasdaq down 155, s p fell 45, Edward Lawrence with more on the story from the white house. Reporter the Federal Reserve cut rates a quarter of a point. But not everyone in the room who was voting was happy about it. There were two decenters, boston Federal Reserve president , and kansas city Federal Reserve president , they thought that fed fed funds rate needs to stay where it was. In end Federal Reserve chairman powell said it was nothing within u. S. Economy domestically that called for a rate cut. To your point this afternoon, Federal Reserve say the in light of implication of global develo
Trend but just an adjustment. Here is his rather ignor ignoret statement about Interest Rates. To ensure against down side risk to provide support to the economy. If those factors are pushing down on economic growth, then to support inflation. We think it will serve those goals. But were thinking of it, essential well nature of mid cycle judgment. Lou a mid cycle el anxiety jus. Dow sold off and nasdaq down 155, s p fell 45, Edward Lawrence with more on the story from the white house. Reporter the Federal Reserve cut rates a quarter of a point. But not everyone in the room who was voting was happy about it. There were two decenters, boston Federal Reserve president , and kansas city Federal Reserve president , they thought that fed fed funds rate needs to stay where it was. In end Federal Reserve chairman powell said it was nothing within u. S. Economy domestically that called for a rate cut. To your point this afternoon, Federal Reserve say the in light of implication of global develo