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And the couple of months. Togetherr euro coming to make the short term inflation outlook for the euro look a worse. Alix even though the words she said we might have heard before there is debate developing for the ecb. Are they going to be reactive or preemptive . That really hinging on inflation targets. Maybe we will get more on that over the next couple of days. In the markets, a fierce rally in europe, the u. S. , a lot of money pouring into tech. The nasdaq 100 futures are being shorted by the most since 2006. Pop. E seeing a last week it was about the stronger dollar and now you need to sell the dollar top. Yields go nowhere, oil goes nowhere. Now ofraho joining us ubs. What the ecb says, what the fed says in stark contrast to stimulus. In the u. S. , there is giveandtake on either side. What happens if we do negative stimulus deal . Jason the fed is going to be reactionary. We are fairly optimistic about the economy. Howell said he was on the optimistic side poweel said he is on ....
The nasdaq above 94 on weakers trailing sterling. The European Council president had to quarantine because of a covid19 test. Pretty in europe and britain. Back here, jay powell and treasury secretary Stephen Mnuchin testifying before the House Financial Services committee with chair powell saying the economy has a long way to go and will likely need further fiscal support. Secretary mnuchin saying another round of stimulus should be targeted at kids and jobs. Joining me now is greg valliere, Agf Investments chief policy strategist. The secretary said there was bipartisan support for further stimulus, so why are we not getting it . Greg i think nancy pelosi and the democrats wanted at least 2 trillion, and that was too much for the republicans. Vonnie ....
Program. On thursday the Supreme Court ruled that the Trump Administration cannot immediately and daca, the Obama Era Program has allowed roughly 700,000 young immigrants who were brought to the u. S. By the parents, to live and work without fear of deportation. The recipients must pass every two years, to continue anticipating in the program. Conservative chief Justice John Roberts sided with the courts liberal members in the 5 to 4 decision. Joining me now from skype a is santa cluniversity school of our professor, professor gula sacrum, thanks for joinin. California is home to the largest number meof dr. Even though this is a federal program, are there differences in how states treat dr. Recipients, and the opportunities that are available to them . ....
The reason we had this neutral trend, this sideways act and forth, for what turned them. Ullish was a higher load the buyers have more conviction on each dip. We now have the rsi coiling up out of the coil. Moreuggesting we could see strength ahead for the s p 500. One place there wasnt strength was defensive yield proxy stocks. Interestingly, a 260 million etf that focuses on defensive stocks actually rose today. It is outperforming the s p 500 by about 1 this year. It equals about 100 s p 100 cks that have strong prop strong profiles, but the holdings are not what you would think of when you think of the textbook definition of defensive stocks. After that it is software, electronics, diversified financials, retail, bank stocks, they all have at least a 5 allocation in the etf. It shows you that defense really is in the eye of the beholder. Palladium surge to a record high as cleaning air rules clean air rules boosted demand for the metal. There is concern that the high price of palla ....
[music playing] [applause] thank you very much. You know, i went through a tour yesterday through the locker room. And it is the most remarkable place ive ever seen in my life. They have tvs in everybodys locker and their own shower. And a place where you can eat. Two basketball courts. A place you can get a massage. A place you can get a haircut. I think the biggest problem is trying to get these guys to go home. [laughter] id never go home. Id live right down there. Its so wonderful. Thank you, joe. Now our next speaker is a person, no pun intended, who simply has the golden touch. When it comes to building an empire in the sports and entertainment business. His Basketball Team, the Golden State Warriors, has appeared in the nba finals five consecutive seasons. His Basketball Team, the dodgers [laughter] respe ....