Made an offer to buy the company. Josh brown, Wealth Management. Josh, great to see you today. Whats going on s p and dow basically hugging the flat line right now, taking a breather, i guess you could say, from the record run we saw earlier this week. I think you nailed it thats exactly what i see going on indices are stalling out given the runup, i dont think, should be a huge surprise. Rates are higher, which is interesting. Lot of the big winners of the year, like iyr, xlu. Anything rate sensitive also taking a breather. Xlf is falling out, the financials indexing etf got above a 70 rsi for the first time in i cant remember how long thats an overbought index when was the last time we were talking about the banks being overbought you have this confluence of things its perfectly natural keep in mind the big picture caterpillar, the whole industrials xli, etf, all hit new 52week highs yesterday. Honeywell, new highs these are things that do not happen in the context of a bear market o
World cut rates. China weakening the currency again overnight. A perfect guest to discussion the swings in the market, former treasury secretary jack lew joining us thats coming up on closing bell. First right to the market action, joining us for the hour is josh brown. Whats turning things around here oh, my god, this is like what we live for, right it was pretty dire this morning. In the last five days, i have shift fred bearish back to bullish, then bearish, then superbearish. I was lutheran for a minute now i know youre joking. I am personally highly susceptible. I know this about myself, and every investor should think about their own behaviors. Im hidely susceptible to the lines i see in front of me not that i will react to all of them, but if youre not going through that, maybe check your pulse, that is what markets are designed to do, and i think the people that radically shift their views based on price act are the people who end up paying the volatility tax what led the comeb
Theresa may is delivering another puzzle to the irish border. Will she be able to convince skeptics within her own party . Fox hunting. Comcast is seeking full control of sky in the battle for 21st century fox. Will the house of mouse take the prize . Matt foxhunting. Are less than half away half an hour away from the european open. Trading up here across the board, not a huge gain for ftse futures but you see dax futures and cac futures up. A threeday trade of 10 year treasuries, the yield has them coming down. It is recovering a little bit as investors selloff wants. What do they do with that money . Do they use it to buy stocks . You can see the same picture if you look at the bonds. U. S. Investors might be getting some cash together to buy the dip. Guy what lets talk about what the gmm is showing. Bitcoin is not on this board. The nikkei bouncing back strongly overnight. These undated driving that. Markets have come back overnight in the overnight session. The nikkei coming back 1
Special Senate Election the first democrat to win in the staunchly red state for twenty five years but his battle republican opponent boy moore is refusing to concede defeat also coming up turkeys president says his country will never recognize president recognition of jerusalem as the capital of israel and calls for the u. S. Calls the u. S. A partner to bloodshed. And how will brag to defect Northern Ireland we report from the emerald isle on the day the European Parliament debates its future and ask if Prime Minister theresa may can keep her promise of no hard border. Plus in the bundesliga dont receive a lifeline in a must win game under their new coach the team defeated mines to get their first win in nine games which means crisis is still far from over though there might be a light at the. And at the top. Oh im Terry Marchant good to have you with us democrat candidate doug jones has won a u. S. Senate seat in the deeply conservative state of alabama but his republican opponent r
Information as a journalist i have work on the streets of many cameras and their problems are always the same forward to source an inequality a lack of the freedom of the press and corruption we can afford to stay silent when it comes to the fans of humans and see the right to fold who have decided to put their trust in us. My name is Jenny Harrison i work at the. District cheer living in terrible into main conditions at moria refugee camp there are over six thousand people at the camp right now the residents of lesbos are outraged the authorities remain silent. Filming is strictly forbidden but with a hidden camera we accompany ahmed ahmed jeet into one of the most dangerous refugee camps in europe. Can barely move his fingers its the morning after another cold night on the greek island of les bas it and his friends ran out of firewood long ago. Theyll use whats left of this Cardboard Box to he todays first cup of tea. From iraq now hes stuck in this makeshift camp outside the tempera