Border protection if, mark morgan, this morning and ben carson on the showdown between President Trump and the socalled squad, four female democratic lawmakers of color. One of them just posted a damning tweet about the president this morning. And ill be speaking with Brian Moynihan after strong earnings and whats shaping up to be the longest economic experhaps on record. All that and a lot more this morning on sunday morning futures. Maria lawmakers in the house this morning preparing for wednesdays highly anticipated hearing when former special Counsel Robert Mueller answers questions before the judiciary and intelligence committees. Democrats say that they will focus their questioning on possible obstruction of justice by the president , while republicans plan to grill mueller on the origins of his investigation and misconduct by the investigators during the 2016 election. My first guest this morning will be the second lawmaker to question mueller on wednesday. Joining me right now
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
Good monday morning great to be with you and great to be back with my partner phillip. Yeah, i am so happy to be back been gone for like a week. Cant wait to get right back into it. We begin this morning with a lifethreatening flood putting millions at risk as tropical depression barry churns its way inland officials concerned the flash flooding could dump more than 20 inches of rain in louisiana and wash out six other states. The coast guard rescuing 12 people this weekend who are left stranded in flooded homes. Nbcs Dan Scheneman reports. Reporter barry has been downgraded, but is still dangerous. Much of the southern portion of the state is still experiencing heavy rainfall. And it could lead to flash flooding reporter up to 6 inches of rain possible in some areas, in baton rouge, roads are flooded and creeks are overflowing the forecast has rain again all the way up the Lower Mississippi valley that rain will get into the valley and come back down to louisiana, so we want to make s
Me and that are me, of course, but it excludes a lot of people in his base as well. And i think that hes trying to divide so he can conquer, not unite so we can all conquer. Anything he can do that is not all Megan Rapinoe said early today starts right now good monday morning im phillip mena and im frances rivera. Great being back with you again. Its been a couple of weeks. Sure has. Everybody its hard to leave vacation, right . But when you love your job as much as i do, makes it a little bit better well, glad to have you back we begin with communities under water, coastal ones, as tropical depression barry churns over the south floods putting people in louisiana and six other states as barrnt battle wn the coast guard rescued 12 people left stranded in flooded homes. Kerry sanders is in louisiana with the latest. Reporter good morning, frances. The flood waters are lower than they were, but the troubles here in louisiana are far from over in louisiana, barry still making a mess omino
And so well talk. No. Thank goodness, and lets talk about markets earnings. I want to know what hes fixing. Fixing facet. Lets talk about markets and the recordbreaking last week. Futures are pointing to higher ownership a 28 point gain on across the board after all three major market games finished in record territory on friday. Second quarter earning season kicks off in about two hours. City reports President Trump tweeting on the economy last night, were doing great economically as a country. Number one, despite the feds aint waited policy on raids and tightening room to grow. Mitch lets start with again the feds getting ready to cut Interest Rates based on all indications. So thats thats not tightening. But lets talk about earning season what do you expect because again, rip to, quote, ya a rip roaring market but you have earnings are expected to come in negative for this quarter. Last quarter same i mean for the Second Quarter, and negative even in the Third Quarter based on expec