Seeing a little bit of a pause. But if you look at the stocks europe 600, a little bit of poor data out there and the prospect of more dovish appointees to the fed. Im also looking at the with the nomination of Christine Lagarde take over the ecb. All of this with euro area june the services pmis, a touch better than i expected. But pmi in general has been disappointing. The u. S. 10 year yield is below 2 at 1. 95. Overall, quite a big move from yields. This is what is coming up on surveillance. Dont miss our interview with loretta melzer talking inflation and treasuries. First, lets get straight to first word news. Waller and judy shelton are present trumps latest nominations to the Federal Reserve board. Of researchrector and was the professor of economics at the university of notre dame. Shelton is an informal adviser to the president and spent decades outside mainstream economics. Her unorthodox views could attract opposition. The Trump Administration abandoned its hardfought battl
The dow is going up another, what, 140 points plus when trading begins today. Its another big gain for the dow. Also for the s p. Look at it go, up another 17. The nasdaq, that looks like its going to be up another 1 . The win with mexico and the feds likely rate cuts, thats whats driving this thing. So, too, is the news early this morning that Small Business confidence has come roaring back to historic highs. That survey was taken in may, when everyone had the jitters about trade wars. Small business ignored the noise. They are investing, theyre selling and theyre hiring. All good stuff. Theres also this. Gas prices are tumbling. The National Average is down to 2. 73 and falling fast. That is another shot in the arm for the economy. I think its helping the market as well. Watch out, iowa. Here comes the president and his current leading challenger, joe biden. Looks like a setup for the 2020 election. Iowa farmers will be listening to mr. Trump after his win with mexico. Joe biden will
Caretakers of this place, as well as for all peoples who reside in their traditional territory. As guests, we recognize that we benefit from living and working on their traditional homeland. We wish to pay our respects by acknowledging the ancestors, elders and relatives of the roma and by affirming their sovereign rights as first peoples. Thank you very much. Please call the next item. Madam clerk. This item is a presentation from the refuse rates administrator to adopt an order memorializing the refuse rate boards approval of a code of conduct on june 12th, 2023. It is a discussion and action item. Thank you very much. Ill turn it over to j. But just so members of the public know, the refuse rate board already approved a code of conduct, this is simply housecleaning to make sure that were actually doing it in the form of, i believe, a resolution. So ill turn it over to j. As the chair said, this is a housekeeping item. The City Attorney advised that the code of conduct should be appr
Presidency. Tonight, our focus is on two president s, george h. W. Bush and bill clinton. Well, in 1991,2 days after leaving forces against iraq, george bush went before congress to talk about the hard work of. And in 1995, at the university of texas in austin, bill talked about Race Relations and the opportunity to improve them. Heres president and president clinton. It moves power and Decision Making closer to the people, and it reinforces the theme of this administration appreciation and encouragement of the innovative powers of states as laboratories. This nation was founded by leaders who, understood that power belongs in the hands of people, and they plan for the future. And so must we. Here and all around the world. As americans, we know there are times when we must step and accept our responsibility to lead the world away from the dark chaos of dictators, toward the brighter promise of a better day. Almost 50 years ago, we began a long struggle against aggressive totalitarianis
All right, folk, it aint all pretty, but liz is. Liz oh, charles, thank you so much is. [laughter] and the markets arent bad looking either. Okay, enough. We are watching the markets always very closely as we kick off the final hour of trade. Right now green on the screen. Folks, the s p 500 at a record, it needs to close up 32 points. Right now it is up 47. The nasdaq needs to be up 243 points for a record. It was but right now its up 227. So slightly below that. But at 3 p. M. Eastern, right now, we are also keeping our eye out on the credit card issuers and some of the big banks behind them as we wait headlines from the feds Monthly Consumer credit report. May have the power to move the markets. Its released on the fifth business day of the month. Its almost a temperature gauge of Consumer Health because it covers most credit extended to individuals including auto and student lobes, but it ex loans, but it excludes loans secured by reality. Last month the Federal Reserve bank of new