They have been choppy for the dow over the last few minutes. Theres your picture now nasdaq outperforming yet again up for the fifth time in six days all of it factoring into the debate liz young, bny melon director. We want to begin with stock. We have been all around a little bit. We are green aacross the board the dow is towing the line what is this action telling us about where you think we are and where we might be going on day with we got another tom lee who said not only is the bottom in, were in a bull Market Recovery reflect whing what he told us on this program the other day i like tom, i respect his research i dont disagree the bottom is in it doesnt mean were not going to see it again. I think the rally is pretty fragile. There hasnt been a good reason to rally up to this level. I dont think its unreasonable to see well see another 10 to 15 pull back before we get a decisive and durable move upward the list of things that could surprise the market is much longer than the li
bussed over 15,000 migrants to sanctuary cities providing much-needed relief to communities overwhelmed by the president s open biden border policies. we have karl rove here with us. first to peter doocy. peter. these border crossers arrived in border states. we don t hear much from biden officials. as they arrived in washington d.c. outside the vice president s residence, we have a forceful condemnation. it says this. governor abbott abandoned children on the side of the road and below freezing temperatures on christmas eve without coordinating with any federal or local authorities. this was a shameful stunt. as we have said, we re willing to work with anyone, democrat or republicans on the comprehensive immigration reform. these political games accomplish nothing and put lives in danger. that s as dhs says that they re still using title 42 a lot. listen. dhs continues to fully enforce our immigration of public health laws at the border. people are being expelled as requi
Optionality. It is hard to see with the positive category is for markets today. This is bloomberg surveillance. Manus live from new york city this morning, for our audience worldwide, this is bloomberg surveillance alongside tom keene and lisa abramowicz, im jonathan ferro. Builds up, stocks down in the fx market. Tk, eurodollar, 105. Tom you go wow when you see a number move. I did a hat trick. It is wow wednesday across assets. Where do i begin . I begin with the real yield and the effect on the fx market. I never thought i would see this this quickly. Lisa are people getting a little over there skis here . There was two outcomes. Where was the base case of a consumer that was running out of money and potential for a recession . It seems to be off the table and some of the expectations even as we see signs of true weakness. Jonathan melted in terms of the objective of what this Federal Reserve is. I think we are at that point where we are starting to fully internalize this high for l
This is your news live from berlin a crisis meeting in spain Prime Minister Martin Mariano rajoy says all options are on the table to stop catalonia from breaking away this after catalan leaders for their independence declaration on ice saying they want to talk with madrid also coming up. At least seventeen people are dead and more than one hundred fifty are missing as wildfires continue to ravage Northern California those have returned home and found entire neighborhoods reduced to ashes. And in woolco qualifying joyous scenes in argentina after their side sneak through but the usa crash out in a dramatic night of international soccer. Thanks so much for joining us we start off in spain where the standoff between madrid and barcelona has intensified spain has rejected calls for dialogue after the catalan president signed a declaration of independence last night only to then suspended and ask for courses talks with madrid the Spanish Government is currently holding an extraordinary mee
This says it is a lie from berlin spains Prime Minister wants clarification from catalonia but you know it tells catalan leaders he needs to know if they did or did not declare independence so he can decide what to do next this after the regions president puts a sign declaration on ice says he wants to talk with madrid first also coming up in turkey Court Proceedings against german journalist mashallah to get underway shes being tried and on terrorism charges were laid out that her supporters say are baseless were in istanbul at least seventeen people are dead and more than one hundred fifty are missing as wildfires continue to ravage Northern California people going back to their homes were turned to entire neighborhoods reduced to ashes. Thanks very much for your company. We want to start off in spain where the standoff between madrid and barcelona has intensified after an emergency Cabinet Meeting spains Prime Minister has demanded clarification from catalan leaders after they signe