Floor. Heres a hint. Were going to turn it on were going to bring in the power well give you the trade. Its time to risk less and make more the action begins right now. Lets get right to of it rates have been on a tear, the yield and tenyear hitting highest levels since july, sending bond rates tumbling. Will the rise in rates continue . Its really exciting that we had this unprecedented 3 gdp growth in q3 who knows . There should be no reason why rates should not be able to rally with a 3 economy, right you guys all agree with that for a lot of purposes, i mean, i would say, and im being a little facetious one quarter of 3 annualized growth does not make 3 annualized growth. We were thinking what a quick rise in Interest Rates would be as we go into qt, as we go into a rate tightening cycle. Theres only been two rate increases this year. Were going to get a third in december the tenyear treasury yield is still below levels that it was a year ago, you know what i mean to me, it seems a
Stocks may have just found a floor. Here the hint were going to turn it on were going to bring you the power well give you the trade. Its time to risk less and make more the action begins right now. Lets get right to it because rates have been on a tear the yield in the ten year have hit the highest levels sending bonds toppling what will it mean for the markets. Lets get on the money right now, dan. Its exciting we had gdp growth of 3 who knows. There should be no reason why rates should not be able to rally with a 3 economy, right sfwh do you all agree with that . For a lot of purposes i would say, im being facetious, sarcastic. One quarter of 3 annualized growth does not make 3 growth. We were thinking about what a quick rise in Interest Rates would mean as we go into qt, as we go into a rate tightening cycle. There have been only two rate increases this year. Well get a third in december. It was below levels from a year ago. For all intents and purposes, it seems a bit range bound.
Floor and heres a hint. Were going to turn it on were going to bring you the power well give you the trade. Its time to risk less and make more the action begins right now. Lets get right to it. Rates have been on a tear this month. The yield in the u. S. Hitting the highest level since july sending bond rates tumbling. Get right in the money right now. Its exciting that weve had this unprecedented gdp growth in q3 who knows . There should be no reason why rates should not be able to rally with a 3 economy, right you all agree with that . For a lot of purposes i would say im being a little facetious. One quarter of 3 growth does not make analyzed 3 growth. We were thinking of what a quick rise would be as we go into qt. Were going to get a third in december the treasury yield is a little bit low. For all intents in purposes it seems range bound. One thing bears will receive is if they pull back. If we know janet yellen is on the hot seat here. I suspect we get this push and pull betwee
Proceedings on the postponed questions at a later time. For what purpose does the gentleman from michigan seek recognition . Mr. Speaker, i move to suspend the rules and pass the bill h. R. 3973, the market Data Protection act of 2017. The speaker pro tempore the clerk will report the title of the bill. Union calendar number 299. H. R. 3973, a bill to amend the securities and exchanges act of 1934 to require certain entities to develop internal risks, control mechanisms to safeguard and govern the storage of market data. The speaker pro tempore pursuant to the rule, the gentleman from michigan, mr. Huizenga, and the gentleman from california, mr. Sherman, will each control 20 minutes. The chair recognizes the gentleman from michigan. Mr. Huizenga mr. Speaker, i ask unanimous consent that all members may have five legislative days to revise and and their remarks include extraneous materials on this bill. The speaker pro tempore without objection. Mr. Huizenga mr. Speaker, at this time i
Once again, good morning and welcome to squawk alley. Joining me at post nine, sara eisen, mike santoli, carl keent nia has tkne quintanilla has the morning off. A big interview for us from omaha, bullish comments on apple from Warren Buffett. Becky quick is live there, berkshires temporary headquarters for the weekend in omaha, nebraska, with details, especially on ibm. Thank you very much. We talked to Warren Buffett about ibm, apple, a lot of different issues but lets start with ibm. Warren buffett says the case for ibm doesnt make quite as much sense to him as it used to. He told us last night that he went ahead and sold about onethird of the position he held in big blue over the first and second quarters. Thats pretty shocking because Berkshire Hathaway was the largest shareholder and shares of ibm that controlled about 9 of the shares outstanding. Buffett told us they went from 81 million shares down by 25 million. They still hold more than 50 million shares, which means there is