Anna a very warm welcome everybody. This wednesday morning. I am anna and words. Edwards. Moving the markets, two of them, San Francisco John Williams and the conclusion being that at least two Interest Rate hikes may be warranted in 2016 because of the expansion in the economy. And inflation increasing. Over a goldman sachs, there is a chart over the twoyear spread in the u. S. On the bloomberg. Theyre warning Bond Investors that they need be more prepared for the fed to increase Interest Rates. Bill gross of course did something similar earlier on shouldnth, markets not count the fed out. What were seeing here is the increased demand for longterm debt, at least seeing a decrease over the two year yield. That spread is the smallest since 2007. It seems that in some senses, markets are not repairing a big difference between what we are seeing in the rhetoric from the fed. Not all of the assets have been reacting a great deal to what we heard from the fed, i should say. The dollar index
Planned sales tax increase the o suzuki shares cross increase . Suzuki shares crash. Who is next . That is the big question. We are going to kick that around. We need to talk about the fed. The markets are paying attention to these guys. They dont have a vote. Why is the market listening . Matt this is really what is moving markets around the world. We saw asian markets down. The u. S. Cash trade was down on this. There is a political event in washington, d. C. Where all three of those nonvoting fed members are speaking. I think the reason the market is listening is because of shock. They are not only saying june, not only do we expect two rate increases but possibly three. Both lockhart and williams said two or three. That is pretty astounding since the market was only expecting one at the most. Interesting what is is, where do you go to for information on the fed . This is one of the things im looking at this morning. The functionk at on the terminal, the probability of the june rate
Tweeted, yet another terrorist attack. This time in turkey. Will the world ever realize what is going on . So sad. Then later, he said we must do everything in our power to keep his outside the United States. I would later, clinton responded, driving a slightly different message saying, all americans it stand united with the people of hatred and violence. Then, Trump Campaign sent an email to the media that read in part, the terrorist threat has never been greater. Half an hour later, trump himself spoke at a rally in ohio, driving home the message talking tough on terror. Trump so we cant do the border, but they can do chopping off heads. They can do whatever they want. You have to fight fire with fire. Mark late this afternoon, on twitter, trump added to what he exploded onisis Hillary Clintons watch. She has done nothing about it and never will. Not capable. Case study for us to look at how these two potential president s have reacted to it and international crisis. Who seems to be
Eastern time. Trump reacted a little bit later, he tweeted, yet another terrorist attack. This time in turkey. Will the world ever realize what is going on . So sad. Then later, he said we must do everything in our power to keep this terrible terrorism outside the United States. Then nearly three hours after the attack, clinton responded, driving a slightly different message saying, all americans stand united with the people of turkey against this campaign of hatred and violence. Then, Trump Campaign sent an email to the media that read in part, the terrorist threat has never been greater. Half an hour later, trump himself spoke at a rally in saint clairsville, ohio, driving home the message talking tough on terror. Trump we cannot do waterboarding, but they can do chopping off heads. They can do whatever they want. You have to fight fire with fire. Mark late this afternoon, on twitter, trump added to what he was saying, isis exploded on Hillary Clintons watch. She has done nothing abo
Claims of responsibility by isis or other terrorist groups. This horrible event comes a day after donald trump delivered a restrained and sober speech from the stage of the Republican National Convention Last night where he described a world and nation essentially falling apart. This morning at a rally in cleveland, trump reverted back to his familiar trademark free styling ways. He rift on stage for about 45 minutes with mike pence standing behind him. He thanked his supporters and his staff. The also had tough words for his johnr nomination rivals kasich and ted cruz, neither of whom has endorsed trump. Mr. Trump he will come and endorse because he has no choice. But i dont want his endorsement. I have such, i dont want his endorsement. Stay home, relax and enjoy yourself. I like ted, he is fine. If he gives it, i will not accept it. I will not accept it. I dont know his father, i met him once. I think he is a lovely guy. All i did is point out the fact that on the cover of the natio