Like it is getting down through thursday lows. We are seeing pressure. I love covering the markets. Europe is a snooze fest from an equity market point of view. There is nothing happening. Light volumes. Market trapped in a tight rein from an equity point of view curate we are going nowhere in a hurry. The Energy Sector is reasonably well bid but not spectacularly. The euro is back towards the middle of its risk range. Brent catching a bigger bed. We have the opec note coming out later this week. Reports worth paying attention to. Overnight, we do not see much out of china. You are seeing a little bit in terms of the nasdaq. Alix yes. That is a good point. He saw mike wilsons note at morgan stanley. He came out in the note last week talking about it was a pull forward of demand for tech where sustained acceleration. If there is a pull forward, how much earnings estimates increase can you see in 2021 . You also wonder moving into cyclicals, may be moving into cyclicals and out of the gr
The nasdaq up better than 1 . Thats a rally. By the way, the yield curve is not inverted. Treasury rates are now firmly above their lows of the last two weeks. Got a question for you. Why would apple, with over 200 billion in cash, borrow even more money . They are jumping on the cheap money band wagon, issuing bonds along with cocacola, disney, deere and a host of other Blue Chip Companies. They are making hay while cheap money flows. And they will pull in money from overseas, too. Over here, corporations pay interest. Over there, not so much. In a moment, you are going to see the extent of the devastation in the bahamas and dorians track. Its strengthening and heading for the carolinas. Varney company about to begin. Stuart we start with the hurricane. It is now a cat 3 storm as it makes its way up the east coast and takes aim at the carolinas. Meanwhile, in the bahamas, more images emerging of absolute devastation. At least 20 are dead. That number is expected to rise. Jeff flock is
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i just want to be sure we received word that there may be folks here tonight who intend to disrupt our guest. i share your view. and frankly, i d be surprised if that were to happen. i ve had the opportunity to participate in every single one of these events, and this hasn t happened. but i think you will agree that this audience would agree that there is no place here for the cancel culture. this is a place where free speech thrives and as president reagan wanted a place for real debate. good evening, everyone. i am roger zakheim, director of the reagan institute. as you probably know, they instituted some of the reagan foundation washington, d.c. just across from lafayette park from the white house. in about a week or so ago we had our grand opening, so we are 100% ready for every single one of you to visit us in washington, d.c. as is our tradition at the library, in honor of our men and women who defend our freedom around the world, please stand and join me in the pledge