Look at the vix at 11. Yep. The vix is at 11. Yesterday somebody came into the s p 500 pit in the last hour of trading, and bought a whole bunch of protection that expires monday next week. These are s p 500 puts at the 2250 strike. They have already lost a pile of money on that trade. Put up 4 million, lost 5 or 600,000. So the big money is still protecting. Is not complacent. They have been doing similar things in the vix pit. Putting on protection ahead of the jobs report. And or whatever might be tweeted or happen over the weekend. With the interview, for instance, with the president before the super bowl on sunday. All of that could impact the markets, and some people want protection. So i wouldnt say its complacent. I would say that its right where it should be. Youve got the Missile Launch in iran. You have the whats termed the tough call with the australian prime minister. Comments about mexico. And oh, by the way, a fed that could move in march as rick reader told us yesterday
Good day, everybody. Welcome to power lunch. Im Tyler Mathisen. Stocks are mixed right now. Very slight gain for the s p 500. A little more for the nasdaq. The dow is off, ever so slightly, by about 6 points. Lets check out oil, getting hit hard with wti trading at its lowest level in a month, off nearly 2 at 51. 15. Melissa . Hi, everybody. Im melissa lee. Adp blowing job expectations out of the water. Announcing 290,000 jobs were added last month, far exceeding the 190,000 expected. Pimco announcing a new Management Structure for its total return etf. Current management remains in place for Pimcos Total Return Fund and President Trump is talking infrastructure at the white house. Later in the day, the president will meet with conservative leaders to Talk Health Care as well. A very busy two hours coming your way. Brian sullivan is with us from houston. Whats on tap . Tyler opened the door and im going to walk right through. He talked about oils decline. Were back in the low 50s, well
The rate story that has wall street talking this hour. Pete, slower loan growth across the board for the banks. As the tenyear continues to come down, the banks were almost all negative. Youve had a little reversal but the market cant do anything. And everybody is looking at the 10year and obviously for a last while weve had this thing correlated. I think the impressive part is theres actually still even growth. Because of the fact weve seen some of these numbers moving where they were, yesterday i said on the show i wouldnt even be i think theyre going to have something to balance it out. Well, they did. The Trading Volumes and what they have done with trading is absolutely spectacular. You took and its really, really impressive. At citi its up 19 . Jpmorgan is up 17 year over year. So there is that balancing act but loan growth is what everybody was focused on. And yet the banks today are flat as a group. I think the biggest story in the market is rates. As the 10year goes down to 2.
Environment, but also human rights and business writes about a politically contested project. These investments are becoming increasingly riskier because Companies Like Energy Transfer like trans canada for creating these pipelines, do not go through the proper consultation processes that are required by these treaties. So at the very end of the day, it is a very basic idea that we are fighting for which is clean water, and respect for the first peoples of this land. Now, you are going to go behind closed doors and go through the numbers and crunch the numbers to see if this is your responsibility to ensure that the investment portfolio is making its yields. But, there are interest at play that will try to confuse that. Oil and fossil fuels are the only way to go right now and that is not true. You can look into the numbers for that. Theres plenty of research, but this is not just an objective mathematical equation. Its a battle ideology and you all have the power to say this is the wa
Responsibility to ensure that the investment portfolio is making its yields. But, there are interest at play that will try to confuse that. Oil and fossil fuels are the only way to go right now and that is not true. You can look into the numbers for that. Theres plenty of research, but this is not just an objective mathematical equation. Its a battle ideology and you all have the power to say this is the way forward and we are going to respect indigenous rights. Thank you. Thank you. [calling Public Comment cards. ] good afternoon. My name is. In 1940 omaha nebraska suffered one of its most severe flooding heard the building of the walkie dam completed in 1960 known as the great flood of 1960 caused by the dam, the Standing Rock on Cheyenne River reservationwhile some 200,000 acres of valuable territory. 90 of their most fertile farmland forced relay in buffalo and wildlife homes and sacred burial grounds also merged. Some of that under the newly formed lakereservoir. I thousand famili