Strong session. That sector going for its seventh straight day of gains. The only other areas with some green on the board kind of feels a little suspect as this last hour begins, well keep our eyes focused there as well. It takes us to our talk of the tape. Is the markets uncanny resiliency throughout much of 2023 a sign of whats to come in the months ahead or just too much to maintain. Lets ask eric johnston, hes made his case on this show that stocks are due for a big drop, and on the other side, nfjs john mowry who argued investors have been too negative. Both joining me live. Its good to have you both. Eric, youre here next to me. Ill come to you first. Why do you remain negative on this market as we make the turn into the fall . Yeah, so there remain significant headwinds that are in front of us, and i think looking forward. So i think if we look at a few different things, number one, this is a late cycle economy. Weve looked back and i would define the cycle by Unemployment Rate
Not yet off the table. Meanwhile, the Treasury Curve flattens positivity. In fact, a real pullback, a real hesitation to dive into riskier euro stoxx 50 futures down about 7 10 of 1 . Ftse 100 futures right on their tail, down about 4 10 of 1 as well. This really signals this idea that, look, you do not want to be holding risk right now regardless of what part of the world youre on. Even if the United States often serves as a defensive bid today, it absolutely is not. You are seeing underperformance there. Nasdaq 100 futures down about 3 10 of 1 . That dynamic where youre seeing this kind of buy everything, sell everything mentality is absolutely afoot. And that is just the equity picture. I want to take you across. Asset here as well and talk about what is going on in the bond market, because there is a lot of movement there as well. When were talking simply about the changes going on in Monetary Policy pricing, two year yield at about 515, down about one basis point, the ten year yie
A good morning and welcome to daybreak australia. Annabelle i am in hong kong counting down to the market opens. Shery good evening. The top stories. President biden wraps up his trip to tel aviv signaling full backing for israel and supporting its claims that Palestinian Militants were to blame for the gaza hospital glass. The visit failed to calm concerns of the wider conflict. Oil rises amid calls for an embargo. Shery tracking the nasdaq after tesla and netflix post earnings. Take a look at those two stocks. Netflix rallying in double digits at the moment after we actually saw the biggest subscriber growth in years, actually raising prices for some customers in the u. S. , u. K. And france. Tesla under pressure, profit and revenue missing analyst estimates. Take a look at u. S. Futures at the moment as they come online in the asian session, gains for nasdaq futures given the results from those two companies but at the same time coming off the s p 500s worst day in over two weeks as
Will analyze the most important events of this week, in particular, we will talk about the strengthening of american support and the situation in the russian federation, which is most likely preparing for a socalled existential war. Our guests today are Matthew Bryza and oleksandr morozov. Matthew bryza, an excounselor, will now be on the air of the espresso tv channel secretary of state of the United States, former director of european and Eurasian Affairs at the Us National Security council. Glory to ukraine, dear mr. Ambassador. I congratulate you. Well, the key story the United States gave the goahead. Congress, the senate and president joseph biden have signed an extremely important package. It is about money and finances. But etekens will also supply. We understand that, rather, it was etekems that they were a certain red line. I do not know in what way the communication took place, but as far as we understand that the kremlin tried in every way. To prohibit the transfer of longr
With an ultimatum of no light or water. Hostages, a ground operation is being prepared, what is it for will explain why israel is massing troops on the border with lebanon . Militants of the kiev regime attacked belgrade with a drone, there are victims of another crime in the ssu, a report from the dtrc team about a tragedy that should not have happened. The rudnevo Industrial Park in moscow is hosting a cyberdrome, a competition in the field of unmanned aerial vehicles. Why are these participants being assigned today . Attention. Vladimir putin is on an official visit to kyrgyzstan. Negotiations between the president s of the two countries took place in bishkek. The result was signing a package of documents. And then Vladimir Putin and Sadyr Dzhaparov took part in an event marking the twentieth anniversary of the Russian Kant Air base. We are joined by our special correspondent, natalya solovyova. Natalya, welcome. What statements were made . Yes, hello, indeed, these negotiations hav