Trading days of what is shaping to be a weak month in quarter. High pressure this morning after it offered weaker than expected. Sanjay mehrotra will join us later this hour. And a Company Named ryan cohen as ceo. Lets begin with the markets. We mentioned what the yields were doing today. Jim, 50 basis points. I said that we would have the d inversion and that you couldnt really be excited about the stock market until the 20year, which is at 4. 1. It is now at 4. 98. Crosses over the feds fund rate. That would be where you can finally say this market is getting interesting. It is oversold. But we cant seem to find any supply of oil near 100. 100 is supposed to bring out some supply and in the oil companies. But i dont want to give up here because this run has been so bad and it needs to consolidate. Heres what i will come up with. We will have a test, i believe. I actually know the time, 1 43, 1 42. Thats when we bottomed yesterday. Actual time of day. That was yesterday, youre saying.
9 30 p. M. In erans capital tehran. This is press tv news. Thanks for joining us. The mon chief has strongly criticized the west for trying to exert pressure on the Islamic Republic by abusing the mechanisms of the International Atomic energy agency. Muhammad islami says western countries resort to political means and sanctions to achieve their goal. He urged ia to maintain his impartiality and professionalism, and to not allow the west to use the agencies reports as an excuse to put pressure on tehran. Islamis said the west brutal political pressure on iran has been feudal and that the Islamic Republic will not leave such animosity unanswered. He was speaking in a meeting with the iea director general rafael amariano grossi on the sidelines of the 67th regular session of the agencies and general conference in viena. Early on monday, islami also raised the alarm about the threats posed by israels nuclear arsenal. The Islamic Republic of iran is the initiator of the notion of establishi
He also said the japanese government will pay more than 8 million to a foundation to be established by the south korean government. He said the foundation is aimed at helping the women regain dignity and honor. Yun said his government will cooperate with the steps the japanese government will take. Translator the government of south korea values the announcement and efforts made by the japanese government. Together, we confirm the issue is resolved finally and irreversibly on the premise that the japanese government will steadily implement the measures specified in the announcement. And yun touched upon the request from japan that a statue in seoul symbolizing the women be removed. Translator we acknowledge the fact that the japanese government is concerned that the statue in front of the Japanese Embassy in seoul may disturb the peace of the mission or impair its dignity. We will strive to solve this issue in an appropriate manner through measures such as consulting with related organ
He also said the japanese government will pay more than 8 million to a foundation to be established by the south korean government. He said the foundation is aimed at helping the women regain dignity and honor. Yun said his government will cooperate with the steps the japanese government will take. Translator the government of south korea values the announcement and efforts made by the japanese government. Together, we confirm the issue is resolved finally and irreversibly on the premise that the japanese government will steadily implement the measures specified in the announcement. And yun touched upon the request from japan that a statue in seoul symbolizing the women be removed. Translator we acknowledge the fact that the japanese government is concerned that the statue in front of the Japanese Embassy in seoul may disturb the peace of the mission or impair its dignity. We will strive to solve this issue in an appropriate manner through measures such as consulting with related organ
Yamma, flash boys fame, claim the market was rigged and former australian Prime Minister, kevin rudd. Plenty to discuss with him, from the siege in sydney to the massacre in pakistan and chapter in signer hacking in light of sony and reported likelihood north korea was behind all of it before we get to that lets begin with the markets. In fact, an historic day lack agent nearly 300point gapes for the dow, second session in a row to put that in perspective we havent seen backtoback gains of this point magnitude since december of 2008, same for the s p 500, add 3 points today on top of about a 30point gain yesterday. Again, thats the first time we have seen that in more than five years. Get into this market rally and closing Ball Exchange with the nasdaq also up nearly 2 again today. Ron mullin camp us, jim lowell from advisory investment, hank smith from Haverford Trust and very own rick santelli. Welcome, everybody. Jim what do you make of this snap back . Too much too soon . No not at