To that vote. They have turn into small losses for the industrials. Down ten points. Nasdaq holding ton a very slim gain of about 4 at 4847 and the nasdaq is higher by 1. 6 . Lets kick it off with the first of those bs and that is the brexit vote countdown. We are just 12 hours, 59 minutes, 11 seconds away from the vote opening up in the uk. The polls do seem to show rather even split for stay or go. Perhaps the market and the wisdom of crowds is selling more of a stay story. The uk stock market having a great run lately. We pointed it out yesterday. Were up again today. Four days in a row of gains for the uk. The banks doing especially well. Barclays, for example, up 10 over the past week. Some of the other ones, lloyd banking group, prudential have also done very well. Lets look at the british pound. Its been on fire lately. In fact, a few days ago the pound had one of the best days in a decade. As you might imagine, were going to have lots more coverage of this brexit vote you might
As some of you heard me say, some guest my have to depart earlier. Chairman walden is here, and rob simms. This is chairman waldens fourth visit and thank you for coming back and bringing mr. Simms with you. I will talk about representative waldens family coming by wagon train in 1845 in order to get as many questions. That is it for the biographical portion and now to the ground rules. We are on the record, no live bloging, tweeting, no filing of any kind while the breck breakfast is underway to give us time to listen to the guest. It is likely we will beending well before the 9 30 usual stop time. To help you resist the selfie urge we will email pictures to the reporters after the breakfast. If you would like to ask a question do the traditional thing and send a subtle, nonthreatening signal and i will call on one and all in the time we have available. We will start with letting the guests make opening comments and set the stage and go to questions after that. Thank you for coming. A
In federal change was a violation of the law and the Supreme Court didnt agree with that. But we are larrying it over and over again. It turns out it was a good program, i can personally testify to that, when it was implemented there were delays because it is very complicated in implementing these complicated laws. They said it was quote wise unquote to do this. I think these charges of overreach reflect the reflection of this administration demonizing the act. It is reason to believe the executive branch acted appropriately in executing the law. My republican colleagues have been examining this for two years. Todays hearing is the filing of a lawsuit questioning the constituti constituti constitution constitutionality of the program. It follows interviews with 13 current and government officials from four federal agencies. My question is congress has a wealth of tools. Have they used their legislative authority to review this. I think the fact that Congress Republicans have taken no s
Week. You can see moving up a bit, though, of course, after hitting 2. 44 not that long ago, 2. 40 not that long ago. Still less money if you give your money to spain for ten years or france and not much more if you give it to italy. The turning report the jobs report last friday. Since then we saw treasuries sell off, yields go up. This morning the data not too hot. Lets give a look at Oil Prices Rising concerns about unrest in iraq. Perhaps the idea that the islamists are as much as only 70 miles outside of baghdad, a scary situation developing there but having an impact as you see on crude prices. To our road map here back in the states with the markets, thats where were going to start. Stocks breaking their winning streak. Jobless claims missed and global uncertainty as i mentioned is returning to the headlines. David, amazon streams, a new perk for amazon prime. And new competition for beats, spotify and pandora. Lululemon profit lunges. Lowers forecast for sales and profit. The s
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