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CNBC Squawk On The Street July 12, 2017

Roll back begins with the fed. Chair janet yellen on the hill. Rate hikes, Balance Sheet, strength of economy. Speaking of yellen who might be the next fed chair . Carey co00s name getting another boost. And apple bringing down targets for iphone sales. Will it be a delayed launch for the 8. Futures up modestly after sell off sparked by donald trump jr. s release of email exchange. Yellen will testify before the house. She says gradual rate hikes will be needed to sustain economic expansion. Regarding Balance Sheet see says the committee anticipates reducing quantity to a level below recent levels. What got peoples attention is the idea that rates may not have to get as high as they were in prior cycles. I think what that is saying to people is we are going to take them up but you are not going to get inverted yield curve. There have been a lot of recession talk of late which i ....

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JPM Trading Desk: After Yesterday's Systematic Selling, Let's See If This Bounce Can Hold

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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