Firmly above 1. 7 . Andrew thank you. We have a crazy big show for you this morning lets just tell you about the lineup among the highlights, we have author ben measurer. Former of ceo of airlines. First Television Interview with the ceo wework in the midst of all of this big questions. Ceo of General Mills and then someone who never holds his tong, venture capitalist and investor coming up in the next three hours. We are going to do it. History in the making today. Central bank will begin buying etfs their Corporate Bond etfs but the First Time Ever. The idea is to be able to direct the money into the credit markets faster than by buying bonds. Reporting that the purchase about 250 billion of the feds 750 billion program inching closer and closer to stock etfs. Probably not a health of a buy on this buy owe tech etf we cant make that leap, right guys when you read this, werent you like, etfs it is not that favre a jump once i read it, instead of this bond, that bond, lets do it i unde
We should be grateful that we have an opposite party that makes us more clearly communicate because we need to do the work, if you think about sports im avid tennis player, im not very good but i love it and i love to have competition because it makes me work, it makes me think and thats where we are. We have to work and we have to think and we have to communicate better. Secondly, i want you to think about our National Narrative, again, the optimistic versus negative, right, optimistic, pessimistic, the left has fullon terrible narrative how terrible the country is, im not saying we are a perfect nation, do not say, we are not a perfect nation but do i beef we are the best nation. I also believe if we constantly tear ourselves down we will never be able to move forward. I think we have an entire generation of people who we have told they cant be successful and unfortunately they have begun to believe it and i think its a travesty and i think we have to change it, we must confront the
Closing down by 0. 4 the hang seng was off by 1. 1 . Then the shanghai was down by almost 0. 9 . In europe it looks like, again, a modest decline dax and the cac are relatively flat ftse down by 0. 2 . Italy and spain down by 0. 3 and 0. 4 if you check out the treasury market, you will see the tenyear right now looks to be yielding about 2. 019 . We do have breaking news on Warren Buffett he is denying reports of tensions between him and 3g capital and kraft heinz. Buffett said 3gs cofounder is a good friend and he plans to see lemann next month. He also plans to attend lemanns 80th Birthday Party in august. The report has been out about tensions between them. Buffett also expressed support for the ceo of kraft heinz reports of the tensions may have been sparked by kraft heinz underperformance. That stock down by 50 buffett says right now the biggest problem facing kraft heinz is that heinz overpaid when merging with kraft back in july of 2015 he said he paid too much and it will take
Yesterdays gains related to treasury yields tapering off. Coming back down after really watching them march higher. Above 4. 6 . 4. 54 is the yield for the tenyear treasury. We have seen calming down at this point of yields. We will see where that continues. Late last night in washington, lets talk what happened. Republicans passed three of four spending bills in the house and a push to avoid the Government Shutdown. Lets go to Emily Wilkins in d. C. With more on it. Good morning. Reporter good morning, andrew. You are right. There was a little bit of victory for House Republicans. Lets be clear, congress has no plan to fund the government before sunday at midnight. That means we are looking to have a shutdown at this point. The house and senate on looking to have progress today to keep any sort of shutdown as short as possible. The house passed three of the longterm funding bills. None prevents a shutdown. The hope is to build support for a shortterm measure that members will vote on
losing the governor s race in the deep red state of kentucky, you can add to your list. willie, i wrote this down. i ve been working. copy off your paper. the trump culture of winning. are you ready? now, after last night s results, trump and his republican party have lost the elections in 2017, 2018, 2019 hold on, let s see no, they also lost in 2020, they lost in 2021, so maybe they won in 20 no, no, trump republicans lost in 2022 and they lost in 2023. they don t really, the crazy thing is, you look at these primary voters they don t really care. donald trump is the political heroin of losing. take a shot of 2016 and lie back and smiling while your party loses in 2017, 18, 19 20 and coming back in 2024. yeah, daniel cameron the republican, rising star in the republican party was backed by donald trump in the state of kentucky, ran a tough race and lost by five points, the democrat governor andy beshear won impressively last night. the democrat in a state t