Happens. Its totally lacking in rigger but it happens all the time around here and thats what throwing us off today sending the dow dipping, nasdaq loss 0. 14 . Let me explain what im talking about so you can see how a bullish situation gets turned into a bearish one by mepessimists who want it bo way. Sell, sell, sell. And sell, sell, sell. This morning we awoke to a story of how the chinese are cooling to them. Oh, boy, did that freak people out. Shares came in for sale at the opening because of the chinese perhaps dumping the treasury you know the dow is down 100 points in lightning speed on that one of the principle worries of Portfolio Managers there is no inflection in the yield curve meaning youre almost getting the same return from shortterm treasuries as you are from longer term ones that puts news a situation where we have whats known as a flat yield curve. Something that is often a precurser to a recession makes sense fed raises rates too quickly, falls off and the economy w
Good morning. Welcome to Worldwide Exchange. Im wilfred frost. Im Courtney Reagan lets get to the Global Market picture declines yesterday, albeit just slight declines, between 10 basis points and 20 basis points we are still up week to date coming into today, a quarter percent. It looks like well add to that, about 26 points higher on the dow this morning the story of the week has not been equities so much as bonds significant move higher in yields especially in the long end weve seen a steepening of the curve in the last couple of days we did not quite hit 2. 6 on the tenyear yesterday we reached 2. 597 the rise in yields has since abated since the peaks of yesterday. 2. 54 we stand at today significantly higher than fridays close look at the trading action from around the world. Starting in asia a mixed picture in asia. Mainland china did see equities turn in higher at the end of the session. The nikkei was down 0. 3 , as was the cob p kospi was down a half percent. The shanghai log
Sharing information with the u. S. Because of this incident. Scott, Homeland Security is weighing expanding a ban on carry on electronics on International Flights to the u. S. As result of the isis threat. Thanks again. Margaret brennan is covering the white house tonight. We had a very, very successful meeting with the foreign minister of russia. Our fight is against isis. Reporter standing alongside turkeys leader, President Trump defended sharing intelligence with russian officials. We want to get as many to help fight terrorism as possible. Reporter this morning the president tweeted it was his absolute right to share what he called facts pertaining to terrorism and Airline Flight safety. He said it was intended to get the russians to quote, greatly step up their fight against isis and terrorism. Yesterday his National Security adviser, general h. R. Mcmaster strenuously denied that any intelligence sources or methods were compromised. I was in the room. It didnt happen. Reporter t
Now this remarkable day began with the president confirming that he had disclosed top secret intelligence to Russian Diplomats at a white house meeting. In a series of Early Morning tweets he wrote, as president , i wanted to share with russia, which i have the absolute right to do, facts pertaining to terrorism and Airline Flight safety. The intelligence came from israel. The white house spent the day fighting back against accusations that the president may have compromised the Israeli Intelligence operation. Here again is jeff pegues. Reporter the meeting in the oval office lasted 25 minutes. President trump told russias foreign minister, Sergey Lavrov about a possible isis plot to down a plane using a bomb hidden in a laptop. That intelligence was classified. And the unexpected disclosure prompted the nsa and cia to be notified. Some of the information came from israel. Theres now concern russia could share that intelligence with some of its allies, like iran an enemy of israel. But
I am an edwards. Coke gets an energy boost. Find out why it is spending 2 billion en masse to beverage. Ferrari fever. We check out the most expensive cars sold at auction. We begin in brussels. Eu Foreign Ministers are holding a special meeting today. Two major geopolitical issues on the agenda. Yours deteriorating relationship with russia and the crisis in iraq. Hans nichols was on the ground in brussels. Hans, a lot for politicians to cover in one day. All arriving now. They go in for this formal meeting. We expect ukraine to dominate the first session that starts in an hour. The question is, what do they know about the facts on the ground . Yes, they will be taking stock about a new round of sanctions. Tohough they are unlikely oppose additional sanctions. They want to know what is happening on the ground. Putin was in crimea yesterday. There is uncertainty about what and where that convoy of supposedly humanitarian aid and where that is going. One thing that is clear is that sanct