Maybe were so cynical so conditional to the economy and a so so market, we simply cannot imagine what were seeing on our screen at the end of a very good month where we powered higher in where we havent seen in ages. Its october people. We need to address something, we need to address what i call the inxray jewelty issue. This kind of rally seems unbelievable the worlds been starved of growth for ages, we havent seen anything like it for so long that we have a hard time grasping this move and therefore, it makes the move feel phony but thats only because were so accustomed to living in the shadow of the great recession. We had a huge worldwide slow down which made us believe that growth is lower to come by for years it felt like our committee or the major committees overseas were going to be muted because businesses didnt want to spend, because there wasnt enough nand to make it worthwhile. In that period of slow growth what defined a winning stock, well lets talk about that what worke
The deal he this number pivotal ahead of tomorrows opec meeting. P. M. , the twoyear had a did to cover ratios yesterday, the highest in a year so watch the option. , whent the fomc minutes it decides to leave rates on home. How does the Balance Sheet pay into that . Robert kaplan and Neel Kashkari will be speaking. David it turns out china has a lot of debt. We may have known that before, but it is official overnight. They downgraded chinese debt for the first time in 30 years. The Senior Vice President had this to say about the decision. Be a gradualto erosion of credit metrics. We are looking at the policies the government isnt lamenting. The authorities have recognized the risks with high leverage and have a very broad structural reform. We think that counts to the point where leverage will increase more slowly than it has in the past. Still, these measures will not be enough to reverse the increasing leverage. David joining us now is chief economics correspondent for bloomberg. It
Stocks or the Technology Stocks in general. The dow and s p were both in the green, but the technology selloff left the nasdaq down. Disagreements over details in the healthcare reform bill, including the taxes in the law. The Trump Administration did have a big victory. The Supreme Court allowing much of the administrations sixnation travel ban to go into effect thursday night. It went into effect with no issues. It will hear the case in october. Martin shkreli was known for hiking the price on an hiv drug by 5,000 percent. One juror said he would only be i am partial on deciding which prison shkreli should go to. Wall street watching lots of things this week. Battles on capitol hill and even the president s twitter feed which some say may be getting in the way of his check agenda. Jason, you have been a longtime participant in wall street week. So we are happy you are here. Tell me what the market are focused on. We have a bill sitting in the senate. Here we are on july 4 weekend. Th
Stocks or the Technology Stocks in general. The dow and s p were both in the green, but the technology selloff left the nasdaq down. Disagreements over details in the healthcare reform bill, including the taxes in the law. The Trump Administration did have a big victory. The Supreme Court allowing much of the administrations sixnation travel ban to go into effect thursday night. It went into effect with no issues. It will hear the case in october. Martin shkreli was known for hiking the price on an hiv drug by 5,000 percent. One juror said he would only be i am partial on deciding which prison shkreli should go to. Wall street watching lots of things this week. Battles on capitol hill and even the president s twitter feed which some say may be getting in the way of his check agenda. Jason, you have been a longtime participant in wall street week. So we are happy you are here. Tell me what the market are focused on. We have a bill sitting in the senate. Here we are on july 4 weekend. Th
Stocks or the Technology Stocks in general. The dow and s p were both in the green, but the technology selloff left the nasdaq down. Disagreements over details in the healthcare reform bill, including the taxes in the law. The Trump Administration did have a big victory. The Supreme Court allowing much of the administrations sixnation travel ban to go into effect thursday night. It went into effect with no issues. It will hear the case in october. Martin shkreli was known for hiking the price on an hiv drug by 5,000 percent. One juror said he would only be i am partial on deciding which prison shkreli should go to. Wall street watching lots of things this week. Battles on capitol hill and even the president s twitter feed which some say may be getting in the way of his check agenda. Jason, you have been a longtime participant in wall street week. So we are happy you are here. Tell me what the market are focused on. We have a bill sitting in the senate. Here we are on july 4 weekend. Th