Heated ever, and the last 10 weeks is basically stealing that ground is the most heated rally we have had in quite some time. Caroline brian jacobson, lets get back to him. Wells fargo Asset Management strategist. Are you committed to equities now . What about other assets . Taylor focused on the weakening dollar. Where else are opportunities . U. S. Treasury yields are still through the floor even though we saw a bit of a selloff today. Brian yes, even though we have seen it come up a little bit, the twoyear, at 75 basis points, or 0. 75 on a 10 year treasury, we do like the highyield area. But you need to discriminate within that between the energy names and the nonenergy names. Indexerg has a fantastic on highyield excluding energy, and it is fascinating how that from losses, but not completely. It is mainly the energy names that have been down. But that might be showing signs of coming back to life. We do like highyield. Italy, we have been seeing a bit of a rotation with some euro
A lot of red on that board. These are modest moves. Market turmoil. Someone tweeted me that. Futures arent up a half percentage point pull out the market turmoil boards several headlines out of beijing overnight. Chinas exports rose imports are higher than expected chinas trade delegation arrived. We are learning more about the purchased targets that china would agree to at the phase one trade deal signing telling us china will commit to increase purchases from 32 billion over two years china will also pledge to buy an additional 80 billion 53 billion in Energy Supplies and 35 billion of u. S. Services over a twoyear period but will only only cost them half as much they are no longer a currency. You missed the other piece of information. They are allowed to no longer a currency manipulator. They arent going to do that was there a quid pro quo there has to be not a coincidence. Treasury secretary Steven Mnuchin said yesterday, china has made enforceable commitments to refrain from the c
Morning. Education secretary rick perry calling it a deliberate attack on the Global Economy. Plus oxycontin maker, pharma filing for bankruptcy this morning. First up, though, a series of attacks on two of the Worlds Largest Oil Facilities in the news the u. S. Is rejecting that notion saying the scope and the precision of the attack suggests the launch was made by the houthis but, in fact, originated by iran. Iran calling the claims baseless and unacceptable guys, weve been talking all year long about what it could take to produce a true supply shock. I think theyll come back 5. 7 Million Barrels. Look theres a temporary inability to get permian oil. You can only ship so much. You have one harbor who can handle it, two others. Corpus christi not yet i guess what im saying it cant. Were pumping too much and it does remind you if we had even more pipelines, we could just turn the spigot on its not the Strategic Petroleum reserve. Its the permian. There are a lot of key questions. One,
Good afternoon. Everyone seated . All right, can everyone hear me okay . All right, good afternoon, thank you so much, sean, for the introduction. If youre like me youre fascinated by all of the panelists that are here today that have such incredible perspectives on the world and where their jobs have taken them, my goal today and my hope for you is that we are able to take a transcribe trip around the world through their experiences, able to understand the world and which may be pretty complicated and americas role in that, where do we go from here, so lets just sort of do an overview of where we are today. I work in the news world so if you guys think youre being bombarded by headlines, welcome. [laughter] but we have a lot going on, right . I was in venezuela where i covered the conflict there, not easy to see or understand much less explain, we have conflicts in syria, we have conflicts in yemen, and here is whats heartbreaking, we had nearly 70 million displaced people in the worl
, we will talk about all this today, women in the army still have to choose their place in terms of attitudes and issues everyday life, however, the situation is changing, albeit not at a fast pace, but the ministry of defense of ukraine has approved a sample of the summer field womens uniform, and in the near future they promise to start procurement and supply in the army. Until now, women had to wear mens uniforms on the line of womens body armor. Together with civilian workers, more than 42,000 servicemen, of whom 5,000 are on the front lines. These are the data of the ministry of defense among military women, there are battery commanders in platoon units of unmanned aircraft, snipers, and they often have to fight not only with the troops of the attacker, you attack with increased propaganda of the kremlin, and then the story of the sergeant of the special unit of the armed forces of ukraine, andriana, arrest me from andrian , my name is andriana, i am a soldier of the military spec