Im melissa lee coming to you live from a brand new set here in studio b at the nasdaq. On gorgeous set here. Unbelievable. Amazing. Like on a new rocket ship. Were going to take off at any moment. Exciting. Awesome. They did an amazing job. We get to sit here and enjoy this beautiful set, but this is eight months of work from our crack staff back in ec. And the folks here at the nasdaq. Theyre the ones that should get all the praise here. With that said yes. The sound system in this place kicks ass. We easy, come on. It does. You had to do that on the first day. Family program. Commercial breaks are fun. They always are. The show is going to be even better with the brand new bells and whistles we have here. Well show them to you as the weeks go on here. We start off tonight with rates resuming their run higher. The yield in the tenyear treasury hitting twoweek highs after the recent pull back. Climbing back towards 5 this is putting pressure on stocks to start the holiday shortened wee
[applause] thank you distinguished members of the 131st legislature, members of my extraordinary cabinet and honored guests, thank you for joining me tonight. Im pleased to be joined by the members of my cabinet as i mentioned including Major General douglas who is retiring next month. Thank you for being here. [applause] is join me in welcoming the Major General nearly 40 years of service. [applause] im also joined by members of my family including my daughter and my sister and her children, anthony, julia and my brothers peter and paul. Tonight we are sadly missing my brother who passed away last friday and i honor him tonight in my thoughts. My approach to the state of the state is a little unorthodox. A change to discuss highprofile issues, challenges and opportunities. True to its purpose must be a reflection of the times especially these past few months have been anything but normal. People value strength talk so i will put it to you straight. Weve had a rough couple of months. W
[applause] thank you distinguished members of the 131st legislature, members of my extraordinary cabinet and honored guests, thank you for joining me tonight. Im pleased to be joined by the members of my cabinet as i mentioned including Major General douglas who is retiring next month. Thank you for being here. [applause] is join me in welcoming the Major General nearly 40 years of service. [applause] im also joined by members of my family including my daughter and my sister and her children, anthony, julia and my brothers peter and paul. Tonight we are sadly missing my brother who passed away last friday and i honor him tonight in my thoughts. My approach to the state of the state is a little unorthodox. A change to discuss highprofile issues, challenges and opportunities. True to its purpose must be a reflection of the times especially these past few months have been anything but normal. People value strength talk so i will put it to you straight. Weve had a rough couple of months. W
Baker talked about opioid abuse, renewable energy, transportation infrastructure and Affordable Housing. From the massachusetts statehouse in boston, this is 40 minutes. [applause] [applause] [applause] [applause] [applause] [applause] [applause] [applause] [applause] [applause] [applause] [applause] it is my pleasure to be able to introduce to you his excellency the governor of the commonwealth charles baker. [applause] thank you. [applause] thank you very much, thank you. Thank you for all being with us tonight. Thank you. Tom, its nice to have you with us. Thanks for being here. Mr. Speaker, madam president members of the house and senate, congressman neal thank you for joining us, fellow constitutional officers, members of the governors counsel mr. Chief justice, welcome. Members of the judiciary, members of the cabinet, my administration, sheriff, district attorney, mayors, local officials reverend and clergy, distinguished guests, members of my family that are here this evening.
Lets catch up on what the market has done overnight. The big issue is oil, back in the bear market. It is currently down 20 off its highback in june, when we reached the high. Clearly, china is weighing into that once more with concerns about too much supply and where demand goes when you have the pmi coming out of china. If missed every single economists forecast. We saw doing even worse than had been expected. I will also bring you uptodate with some of the market moves we saw in terms of closing on the equity market. The commodities that is feeding into the market, the s p 500 off by nearly a half a percent. Meanwhile, the european stoxx 600 is off. They have been slumping for three days in a row. That brings us to our twitter question of the day. Let us know how much further does the commodities route have to go . Tweet me. I want to know your thoughts and what you think good oil go even further than a 20 decline . Of course it was disappointing in china when preliminary pmi fell t