Coming up yields go for a ride. Seeing some ground to end the week. And thats because mixed with official saying the market is tightening rapidly. Inflation still running hot but how hot is too hot for the fed to push rates higher . We begin with the big issue, the market gets ahead of the set. The bond market is tightening financial conditions and that is doing the work for the fed. Europe was doing the feds job. We have been watching the rising bond yields the last few weeks and tighter financial conditions so we think that is doing some of the work for the fed. The fed is probably done raising Interest Rates because they realize the bond market has been recently doing all the heavy lifting. Dont worry, the fed will have to do less because the market will do more. It does not want to work that easily. Sonali we are coming off a week with drastic moves in the bond market. The 10year alone with sawing the last few days, 20 basis points for more. What does that mean for the direction of
Television Companies Support cspan2 as a public service. Douglas you describe yourself survival of the richest is a humanist who writes about the impact of Digital Technologies but not a w futurist whats the difference between the two . Futurist is usually someone they come to to tell you what is going to happen in the future. I have been right about that a lot. So the call me futurist but im really a present just im more interested looking at describing accurately what is happening right now thats usually an easier way to know whats going to happen in the future. But i dont usually talk about it. Most of futurist see it more like propagandists fighting for the future they want to see or positions their company and the best place or positions them as a consultant in the most needed place. You cap people interested in the future by scaring them about this is going to happen or that is going to happen. But if you are a present test which is really more what i am. Sociologist looking at w
Rushkoff, you describe yourself in your latest book, survival of the richest as a humanist who writes about the impacts of digital technologies, but not a futurist. Whats the difference between the two . Well, a futurist is usually someone they come to to tell you whats going to happen in the future, and ive been right about that a lot so they call me a futurist, but really what i am is a presentist. Im more interested in looking at looking at and describing accurately what it happening right now and thats usually an easier way to know whats going to happen in the future, but i dont usually talk about it. I just most futurists they seem more like propagandists and they want to see their company in the best place or positioning them as a consultant in the most needed place and you get people interested in the future about scaring them, this is going to happen or thats going to happen about you but if youre a presentist, kind after cultural anthropologist or culturist, what is, you end u
Back down immediately after the jobs number was stronger than anticipated. Tenyear closed at 4. 79 . Crude oil is picking up. Joe mentioned the spike, but below the levels from recent weeks. Gain of 3. 5 to 85. 69 for wti. Brent is 87 a barrel. The dollar has strengstrengthen. Euro the euro dollar is down a bit. Lelts get to the latest on the breaking news. Israeli declares war after the hamas strikes over the weekend. We have Kelly Cobiella with more from the ground in tel aviv. Reporter good morning. A rapidly changing situation and we are getting information by the minute. You hear the air sirens in tel aviv. We have heard three rokckets fallen on three sites in the south and in the grader tel aviv area as well. We have not been able to confirm that. There are casualties involved in the strikes in the south. Israeli Defense Forces say they hit hundreds of hamas targets overnight in gaza. A difficult situation for civilians. Gaza Health Officials are saying they are struggling to rea
What is the distance between an inflationary narrative and something similar to goldilocks . That will be the key question. What is the difference in terms of how big the change has to be in the number for people to either be talking about gloom and doom or everything is perfect . Annmarie he said stagflation risk off. If it is north or at 225, goldilocks back on. Jonathan he does not detain stagflation. Looking at apple. Up i almost 6 . Sales declined less than fearful. Lets talk about the financial. The biggest stock buyback ever. 110 billion. The top five biggest buybacks in the history, it is apple, apple, apple, apple, apple. Lisa is this a growth stock or value stock . Is this a stock that has so much money and a company that has so much money the best thing you can do that is give it back . That will be a key question of how you value some of these names that have become more established in their upstart beginning. Annmarie it is a massive buyback but it is only 4 of total Marke