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BLOOMBERG Whatd You Miss July 1, 2016

An incredible, breathtaking bounceback. Briggs it came and went. Brexit came and went. Some interesting moves i wanted to check out. Banks are one of the biggest parts of the market to Pay Attention to as we assess the fallout. Solid day yesterday, a little down today, also down in bank of america, but most everyone did well with the stress tests. These banks did solidly on a week as everyone is looking at the financials. The entire banking complex was up on the week, very solid. , one of thetime laggards in the market in the materials group, up a little bit today, but overall only up six tens of 1 on the week with some pretty big losses in the fertilizer and chemical companies, including dupont. Joe lets talk about the Government Bond market. Yields just keep going down. U. S. 30 year yield hitting new lows. Year isd on the 30 where the 10 year yield was at the end of decemb ....

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CNBC Squawk Alley July 1, 2016

Sarah. Good morning, guys. Well this was the first time we were hearing from the core of the fed. The inner circle for janet yellen, vice chairman Stanley Fisher on his reaction to the brexit so i had to start with what he was thinking when he found out the referendum results about a week ago. Listen. I saw them at 2 30 in the morning in europe and i decided i better go back to sleep because it didnt look that good. It didnt look any better when i woke up a bit later. And first reaction was surprise but extreme surprise. Does it change the u. S. Economic outlook . Well, were going to have to wait and see. It clearly is a huge event for the u. K. And its an important event for europe. Our direct trade with with britain is not going to make a huge difference to us but it could set off, theres a lot of things that will follow for brexit and europe and the united kingdom. Those are things we have to be thinking about. What are you wor ....

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