Syrian war, and we aided the moderate syrian rebels. It turns out they were jihadists often. They hated israel. The only people they hated as bad as israel was us many we gave antitank weapons to one group and the leader of the group said we wanted them to fight isis, they said we want to attack assad and when we attack assad, we want to attack israel. We poured hundreds of tons of weapons with of with gatar, running through the united air emirates. Poured it in there. A lot wound up in the wrong hands. We spent 250 million training ten of them. We trained ten fighters for 250 million. We sent them into battle and they were captured in the first 30 minutes. Guess what happened recently . And i will give President Trump some credit for this. They decided to ally with whoever was fighting the best over there and turned out the kurds were, both the syrian current and the current that live in iraq. And they did fight. Now the question is, oh, no, turkey is unhappy with that so well throw t
Government bond is attractive compared to risk in stocks right now. 283 on the tenure. Three, another problem is the internal workings of the market exotic product, robot trading up a pushing stocks to rapgd sell ising . As of now the dow is down 6. 5 so poor this week. With will open higher. Do not know how we will close or where well close. But back drop this morning is another chaotic night in congress. But we now do have a budget for the next two years. Thats not necessarily great news for investors. But bottom line on this republican budget Government Spending goes way up and so does the deficit. Again, were hearing the words, debt bomb. Varney company is about to begin. It changes so rapgdly that were going to show you futures all over again. All right we were up 100 now were up 60 youve got to watch this. Literally moment to moment. Wall street is on course for its worst week in six years. It has been a really qield ride for stocks just this week. These are the swings in the dow
Is this about the treasury market . Its a little bit about everything. I mean volatility is bark. Weve seen that since late last week into this beak. It has been a most wild ride yesterday and the day before. The biggest number one and two point swings ever in history. So the volatility in equities is back. Some has a correlation to what weve seen in treasury yields. Weve saw them pull back a couple days today, moving higher. We had the budget approval. That brought uncertainty, billions of dollars to be spent over the years ahead. Took us off the earlier highs. In the morning just like yesterday we started off to the downside. Less dramatic. Same pattern. Were down 12points 127 points at open. In the end we flatlined. Were down 19 points. We nearly lost 400 points of gains. Thats too bad because we obviously seen a runup. The big picture volume is here, volatility is here. We have to digest some moving parts. Treasury yields dont always have inverse relationship to stocks. And in this
Joe nice to see you susan. Thank you to cspan. Susan will you help our viewers understand how tonights event came about . Everybody is focusing on the debate later this week, but this is a reaction to how that was put together. Can you explain . Joe it is indeed a reaction. About a month ago, 100 republicans in New Hampshire, a couple of former governors wrote a letter to fox protesting the decision to choose the top 10 for their debate based entirely on national polls. I can sympathize with fox trying to get a lot of people on the stage, but six or seven months before the first votes are cast, we do not window the field down in that fashion winnow the field down in that fashion. Thanks to cspan, voters around the country, to see a bigger field of candidates so the voters can determine who they want to vote for and not just a popularity poll this early in the season. Susan tonights event is being described as a forum instead of a debate. Joe for one reason, we decided on a forum becaus
Satellites and cause chaos here in the city of the heartland as president graham would you responders that an act of war are not . Heres the problem very as the threats of this country grow we are disarming ourselves. Ive never seen more threats particularly in the cyber arena so what is the response to cut the military budget and have the Smallest Army since 1940, the Smallest Navy since 1915 to neuter the f. The i cia and nsa at the time we need them the most revealing way we will prevent an attack on this country is hit them before they come here and ask to Hillary Clinton the last person in the world you want to send into the ring of the russians as Hillary Clinton. After the clintons ive been dealing with this for 20 years. I am fluent in clinton speak. You want to translate . When bill said i didnt have sex with that woman, he did. When she says i will tell you about bill when i get to the president mean shed want and which he tells us trust me you got all the emails you need we