The russell up nearly a full percent. The broader markets, though, flat s p just lower dow, just higher joining us for the full hour, stephanie link very good afternoon to you thanks for having me. Markets flat overall, but whats happening underneath . Massive rotation today, and it actually started over the last couple of weeks and a lot of that has to do with a little bit better Economic Data that were getting around the world. Even over the weekend, we got the export import numbers out of china. And even though they were down year over year, the trend is still definitely up. And this comes on the heels of better pmi so i think a lot of it is a little bit better Economic Data. And then its this trade talk seems to be making some sort of progress so the cyclicals are actually the ones that are leading. Its financials, tech, industrials. And within tech, its se semiconductors versus Software Software is actually getting slammed. Is it that the expectations came down too far, too fast,
And jack lew. Brendan it is like the president and harry reid. They are all members of the same party. It is more who is responsible for the party. Tom i want to know about the german parliament. As move on to top headlines. He was vonnie quinn. Vonnie good morning for you later today the Federal Reserve is releasing minutes from last month policy makers meeting. Investors are waiting to see whether there is a consensus that september is the right time for the first Interest Rate increase in nine years. More than 75 of the economists surveyed say the fed will raise race will raise rates. The annan has devalued vietnam has devalued its currency for the third time this year. The government wants to make sure that exports continue to grow. Biggest trade its partner for at least eight years. Lawmakers in germany appear ready to back a third greek bailout. Angela merkel lobbied members of the lower house of the german parliament, trying to keep members from voting against the 95 billion aid
Andrew levin, whos professor of economics at Dartmouth College and former adviser to former fed chair ben bernanke victoria fernandez from crossmart Global Investments is in houston congratulations. Thank you. Peter costa from empire executions is sheer at pohere a9 with us. Rick santelli is at the cme. Were going to get reaction later from former Federal Reserve governor larry meyer with us and Richard Fisher well get color from them on the new nominee, the impact he will have on the Federal Reserve Going Forward. Steve, lets start with you. As we await the president , to come out of the oval office which could happen any moment here, hes considered the safe pick why . Well, i think because he doesnt want to have a huge change at all in policy. Doesnt he loves the way the markets have been behaving doesnt really want to upset that particular apple cart look, were not sure whos going to be appointed, bill, but i thought we might just talk about the bio of Jerome Powell, how about . The
Reloading in intensity overnight tonight and through the day tomorrow, hurricane warnings in affect for the bahamas as well as much of the east coast of florida, miami north, up through Daytona Beach and the north of there, its a hurricane watch. On the other side of florida, its a Tropical Storm watch, many that conditions are possible, tropicalstorm force conditions are possible tampa and fort myers, but again the brunt of the storm will be in the east coast of florida. Heres the latest track from the hurricane center. It does move through the bahamas late tonight through the day here, the 3s and 94s indicating the cat 3s and 4s, category strength. Up to a 4 late tomorrow night and early friday morning as it does approach the east coast of florida, perhaps coming in near titusville, vero beach. Right there will be the brunt of the storm along the 95 corridor just north of miami up toward Daytona Beach and jacksonville. From there it moves northeast, along the georgia and South Caroli
Through the front window of his home. Nobody wants him here but to vandalize a house is not the right thing to do. Todd he was originally sentenced to 190 years in prison, but that was reduced on appeal, and served 30. According to the probation department, the only condition of his release is to have no contact with his victims, and they say use currently compliant with that condition. Todd kazakeiwich, Wcvb Newscenter 5. Four weeks away from election day. Ed Hillary Clinton campaigning with al gore as the Republican Party or gets chillier by the minute. Another Trump Twitter tirade, this time targeting the most powerful republican in campaign for the gop nominee after his lewd comments about women came to life. We are going to smash the washington establishment. Trump tweeted our weekend ineffective leader had a bad Conference Call where his members went wild at his disloyalty. He went on to tweet it is nice the shackles have been taken off me and i can fight for america the way i wa