Cash flow turns positive in the industry segment is that enough there were notes about you are the bynes. I dont understand what happened maybe John Flannery can understand whats going on thats an issue. Things are trending to a 1. 70 so much for the 1. 80 and one time two bucks is it disappointing . I think there are people that felt that he would go out on a high what he did was he went out as the business is and theres no shenanigans, theres nothing just a very honest look at a group of companies, health care but natural oil and gas, not great and terrible so air space, when you line it up against honeywell another 3 organic growth fabulous and you are what your record says you are. Flannery starts august 1st. They do back the prior guide of 160. Its just that 160 is now i was hoping they would trend toward the higher. 2. 19 is not happening . I dont think my view would be they have to take that off the table but it was never really on the table. It was wishful and i did not think w
Session lows. The hunt for yield, the hunt for safety is alive and well. We have utilities seeing a bid today. Higher by. 6 . Of course, the big, big move today happening in the gold markets as well as the bond markets. Guy is with us for the next two hours. So what are your thoughts right now . Unbelievable. This is fascinating. I think this is historic stuff. Its not the time this is the time to sit back and evaluate what is going on. Were at the s p 500 off the all time high. We were here last week. What should you be doing today . You should be gathering questions for the weekend. What are the questions you should ask . Why are Interest Rates in germany negative . Why are ten year yields in the United States 1. 5 . What does brexit mean for global economies . Those are the questions you should be writing, emailing them to your adviceor. If he or she cannot answer the question, you have the wrong advis adviser. You dont have to do anything in terms of market participation, but you n
We are halfway into the trading day. Lets head to the markets desk were julie hyman has the latest. Julie after the big selloff on friday, its interesting to see a bounce back. It did not happen in european trading, but it has been gaining steam since the open with the nasdaq consistently leading and now up 8 10 of 1 . On friday, we broke that range bound street that the s p 500 had been on for a couple of months. The vix had been very low for quite some time. Volatility spiked, although it is coming back down today. Btv 3447. At g this looks at a measure of the ranges we have seen. This is the s p 500 with the 50 day moving average. And below the moving average on friday. This is despite of a little bit of a pop today. This is the streak that we saw with this range bound street for the s p 500 again below it on friday. Even though we are seeing a bounce, we are still not above the bounds of that range as of yet. Couple individual stocks to watch today samsung fell in asian trading dow
Doing right now. We start with the story of the day,pple unveiling the brandnew iphone 7. Were in San Francisco with all the details. Josh . Melissa, that iphone 7 does boast a lot of new features and functions. Among the most notable though, it is fast. Its a 64 bit, four core processor with over 3. 3 billion transistors. It is a rocket ship. First, it has two cores, that are High Performance cores. These High Performance cores run a full 40 faster than the a 9 chip in the iphone 6. If youre coming from an iphone 6 its twice as fast as the a 8. The iphones display is 25 brighter. The best camera exists out there for any smartphone and the battery lasts two hours longer than the 6 s. The biggest headline grabber no he headphone jack. You can use an attachment for a wired head phones. As for the watch it got an upgrade, this new version apple says is faster, brighter its going to run you about 369. Rbc estimates that to date, apple has sold some 14 million watches generating 5 billion i
Bloomberg. Governors central bank who may toe the line with the government. The question of Central Bank Independence here. This the first policy decision of the new central bank governor. The government wanted to cut. Thats exactly what they got. The rate to 10 from 10. 5 previously. Lira a stronger turkish because many did expect this move. Other board for you. I arrived in the city of london hours ago. , thanksto the u. S. Open now positive on futures. Dow jones futures up about one point. Here in london, still lower, down by about. 25 . Out, the japanese government 10 year yield, 13 basis points. When i arrived in london this morning, it was remarkable. Yields below 0. 4 on the way out to 40 year that. 40 year debt. David a big story for the markets. We are looking forward to the japanese and centralbank later this month taking more action or not. The European Union earlier today took another shot at u. S. Tech giant google, this time over the companys android software. There has b