But still red for each of the major indices. Joining us for the full first hour of the show Courtney Gibson from loop capital markets. Courtney, thanks for joining us. Whats your take on today . Investors in a sort of holding pattern, are they, until we get to the fed unbelievable holding pattern. I mean, volumes are down precipitously today. At least they were before i came on the show today. I talked to our equity desk at loop capital and in the u. S. Alone volumes were down somewhere near 30 and even in europe spain was down i think somewhere near 40 on volumes our desk flow today was down substantially as well. It looks and feels as though investors right now are really kind of sitting on their hands markets as you can see, dow down just slightly but recovering back to the highs of the session. Russell is lagging down 0. 7 utilities, real estate the bestperforming sectors. Energy and tech towards the bottom we have got apple down about 0. 7 , albeit higher for the week broadcom wei
Until the close, cnbc contributor stephanie link from tiaa a nuveen company. Welcome, stephanie thanks. Energy doesnt usually lead this market but is today on the oil bounce and questions about whether thats sustainable and given sort of the scale and increase in tensions whether the move is big enough to bring back the sector and commodity trade i dont know. I really dont because its been a tough industry for the whole year. For a whul of years now. So this is really more a supply issue concern. I think the Biggest Issue for oil are demand and the demand environment has been slowing and the revisions have been lower. So with that as a backdrop this might be just temporary. You would have thought oil would have been rallying much more than it did. I spoke as well about 20 minutes ago to one of the senior traders at one of the major investment banks and said was pleased to see the algos didnt disrupt the market when pompeo came out and clearly blamed iran on that. That could have been a
On cspan3. The ccn cities to work working with our Cable Partners as we explore america. Next a discussion about britains discussion to leave the European Union and potential effect on the uk, the eu in the United States. From the Woodrow Wilson center in washington dc this is two hours. [inaudible conversations] good morning everyone. Welcome to all of you and the most center. Our discussion this morning of brexit. Id like to open by remembering to go back a year and a half ago june 16 and the uk public vote in brexit felt like a tectonic shift and it was a major change with consequences that were both farreaching and unclear. Brexit changes everything but how . Businesses, institutions and policymakers have been looking that ever since. The study that will talk about today looks at the impossible outcomes of what they mean for our Economic Policy and preparation. Im delighted to see many friends of the Wilson Center here today and i will introduce our expert panel. My idea is that we
Our discussion this morning of brexit. Id like to open by remembering to go back a year and a half ago june 16 and the uk public vote in brexit felt like a tectonic shift and it was a major change with consequences that were both farreaching and unclear. Brexit changes everything but how . Businesses, institutions and policymakers have been looking that ever since. The study that will talk about today looks at the impossible outcomes of what they mean for our Economic Policy and preparation. Im delighted to see many friends of the Wilson Center here today and i will introduce our expert panel. My idea is that we will hear from charlie about the results of the study and turn this over to michelle for comment and then ask fran and howard to weigh in. Who are these people you ask . Charlie is the Vice President of international a brand and hes a former Us Ambassador to greece and was a distinguished state Department Career including postings as possible Deputy Assistant secretary for euro
Including postings in europe, and from 2007 to 2008. At the rand corporation, Robin Quinville is a distinguished fellow at the council and the senior advisor, and served as Vice President for European Union and special edition at the council. Howard howard shatz is the director of rand, initiated research, and the party Rand Graduate School specialized in economics and national security. And so many varied studies im hardpressed to find something he had. Michelle egan is our nonrand expert, one of our own at the Wilson Center, fellow in global europe program, professor at American University school of International Service and coordinates european and russian studies program. With that, you are waiting, i will turn it over to charlie. Thank you very much. Robin didnt introduce herself but i will mention she is just back from top political jobs at the us embassy in london and in berlin, and knows quite a bit about this herself and hope she will intervene in the discussion period. I woul