Trade impact on the economy. Lets look whats driving the action britain and the eu coming to a brexit deal although Boris Johnson still needs to win a vote back at home. U. S. And turkey agreed to a ceasefire in syria and despite ibm the overall earnings picture remains strong with beat from netflix and Morgan Stanley leading the market hire. Were happy to have stephanie link here. I know youre pretty upbeat. So far so good. There have been good reports from csx, from honeywell, from United Airlines jpmorgan, Morgan Stanley. Those have been rewarded also other earnings that have just been good enough. United rentals we talk about positioning, people are not positioned in industrials or health care those two sectors are leading the market today is that why we are where we are. People have your view earnings are good enough . Some are good enough but some are good the best earnings picture was johnson johnson. We also had a lot of health care you entitle e United Health expectations if t
Expect from cocacola when it reports tomorrow but we begin tonights show with bonds, treasure bonds because Something Big is shaking and stirring the market. If you havent been paying attention. Bonds staged reversal. Sending yields back to the highest levels in month. Is this the official ends of the. I love the booed bootleg bond music. We cant use the real one. This is a real song. I dont know but its not bond music. I hear the lyrics there is a man leading a life of danger thats tim seermt. I did ride my citi bank to the studio. Johnny rivers why you looking at my quizzically. Im asking you is this the end of the bond or bull market. I dont think it is, mel. I can be proven wrong as i tip cheh am on any given night bond yields go higher because economies improve. Maybe there is somewhat improvement. Were in the beginning of a turn i think you see it in manufacturing. I think youll see it here in terms of earnings when a lot of the industrials report although the bond market had a b