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Fourth positive session, up 2. 7 . Just the banks really are lower in the s p, a few oil companies. Crude oil trading down 6. 8 , back hello 21 a barrel. Back in itsyield range. The vix at 38 and change. Lets get a deeper dive into the markets with abigail doolittle. Abigail you were mentioning the gains in the s p 500, and certainly that is the case, a risk on tone from a stock perspective. Each of the averages is up 2. 5 . The nasdaq 100, make a cap companies, amazon putting in an alltime high, up almost 4 . Interesting, we have bonds higher, even as stocks are rallying, so that is something to keep in mind. Bank earnings were pretty disappointing with profits plunging and loan provisions on the rise. You were talking about how it is cooler today from yesterdays volatility. This is a year today chart at 90,highs, almost closer to when the s p 500 was closer to 2200. At this point, back below 40. It is worth noting, just a few months ago, if you talked about the vix at 40, traders and ....
Huge rally in the bond market. Huge inflows, onesided trades. Insatiable demand for yield. The message is that things are slowing down. Slowing down. Growth is slowing everywhere. Slowing Global Growth. The fed is not cutting fast enough to keep up with the falling growth outlook. They are actually behind the curve. Likely to be behind the curve. The market is crying out for more. We are looking at extraordinary times in bond markets. Jonathan joining me from london is james athey. In new york, greg staples, priya misra of td securities. Priya, what a month it has been. The 10year treasury, people forget, 2 feels like a lifetime ago. It was the end of july, where we started the month, and we are down near 1. 50. Priya i think it means it is a monster month for the entire rally, but what is also interesting, the curve steepening. We have had the 530 curve steepen out since the middle of last year. That also flipped in august. This w ....