Friday august 18. Your top stories, 6 00 a. M. On the east coast. The august selloff continue spiking interestrate squeezing consumers and sending investors to sell. After the third day of selling mixed rally, the dow industrial don 46, nasdaq 1046 as well, the s p 500 lower by seven points, edging lower, the ten year yield reaching highs not seen since november 2007. We talk about twentyyear highs, the thirtyyear is settling at the highest since april 2011. The yield is sitting up fourpoint to 25 on the ten year period that is on private basis points this morning. The thirtyyear 4. 39 that is down four basis points from yesterdays highs, investors are hoping for answers at the Federal Reserve jackson hole retreat happening next week were jay powell is expected to take the stand and speak in a speech next friday. We will be covering that jackson hole meeting as well. Mortgage rates also skyrocketing with the thirtyyear fixedrate sitting at 7. 09 . That is the highest rate since april 2
The you in General Assembly part of the discussions is the 2 state solution with the palestinians. Im confident that we can adults a more pragmatic, proportionate and realistic approach to meeting that say right. This is the burdens working and burdens Prime Minister were she so nic announced as a controversial role back in climate commitments and living Business Leaders and anger in his own in pace. The 2 kinds president reload him is landscape has told the Un Security Council that russia should be stripped all the 300. 00 power for its court. Criminal and unprovoked aggression. Savanski was speaking of the powerful human body for the 1st time in person since the conflict began. He was making those comments in the presence of rushes and pass it to these you in the during a special session on the war. If this is a my visa mill is separate, but its dominated so thought what the use of vito power daddys work requires theory for him. And these can be a key reform. That is what something t
Larger question about the harm analysts. Most, not all, most said genuine concern. It is not just a cause. Sometimes it is just a cause, but over time there are genuine and the people involved dug generally worried. If i lived in a pretty area and did not need to release my land that would really embrace it. Unfortunately there are parts of this country where things were kind of challenging and tough to be looked at new york state. Some really destitute and troubled areas. Instead of fracking, they will embrace gambling, which is kind of sad to me. I come back to that theme of instead of telling people not to do with, lets encourage it and put many more regulations and scrutiny on there. One more back there. 5 million gallons of water per well. Thats true on average. I understand that they have pitched to recapture that toxic water, but they do not recapture every one of those 5 million gallons. Is fracking safe for new york citys water, sir . New york city water. Yes, as i said. The w
It will take over those resources . I will not pretend to be a geopolitical experts. For what these people having and the key is something to undercut and unless were ready to go to battling skin and with your question about saudi arabia it has a huge blow wing young population nobody knows how much but it is not clear if they had enough to export for energies they probably could do so more but china like a lot of nations their own country china has a and russia has, uk, poland has, uk, poland, argentina but yet were not close to producing anything because we have a vintages both godgiven and others. To have better access to fresh water into the of the Pipeline System will hold key to this revolution that you go a broad and you could make a argument there because theyve run ad of energy from the north. So they should be but it is hard to make an argument to allow fracking to support fracking now if they were paid for it but they are not. And won his skeptical. End to export more but it
Basement trying to type out the words. [laughter] i have not visual. I follow you but i still need fracking in 101. What would you do . What exactly what you do do you need a license . Can you over to win it as far as chemicals . But some people sayville whole saying is a ponzi scheme that producing a lot of oil and gas but it would not last very is state dash that shows it plummets and production is dropping forget about what the president said about 100 years with Energy Security but talk to people in the field it plummets then it muffles off. So were producing so much oil it will peak a little earlier in terms of fracking won a one. With a little bit alexians are chemicals as the high pressure. There is more questions. You talk about trying to get the information out there that media has a responsibility are they covering that situation on the slate . I am trying my best. I dont want to criticize my brethren there are some parts of the media they have overplayed both sides. It can b