The data in terms of the jobs 5. 3 million in may, up from four. 99 the previous month. This is very backward looking data. I dont think the market will pay much attention to it, but slightly or positive, slightly more jobs out there then maybe the market was anticipating. Really may data, Rearview Mirror stuff. We will be discussing Global Growth as well as what the countries can do to fix the fiscal stimulus and how to help unemployment coming up and about a halfhour. The stocks are losing the momentum of the last five days, so we are stuck in this range. In an interview in the financials times, a couple of and theere troubling, trajectory of the recovery will be bumpy or. We are watching this closely and trying to understand what is happening. Haefele. Ark mark, how do you understand what we are seeing in asset prices versus every economist morning we are looking at a w shaped, with a lot of risk as we head into the back half . Right. Ou are there is a lot to juggle. The story that
Great deal of this because it is the first republican senator to say im not sure Mitch Mcconnell is handling it right. Not that the president should be convicted, but maybe we should not be working quite so closely with the white house. Is this significant . Kevin it is. Senator murkowski voted against the confirmation of Justice Kavanaugh. The question is whether senator murkowski can bring on other republicans to try to get on board during the rule package that leader mcconnell has to advance in the senate by a simple majority. Rules for the trial. It is not so much whether michalski and others will vote to convict President Trump, that is unlikely. It is more about the rules. Nancy pelosi has not sent over the articles of impeachment because she wants to have people like Mick Mulvaney and john bolton testify in the senate, something Mitch Mcconnell has said is a nonstarter. Right now what you are seeing from senator murkowski is in a centrist state like alaska she is trying to sugge
Corporate bonds on track for the best returns in a decade, but how long can the rally continue . We begin with the big issue, markets betting low rates are here to stay in 2020. It is hard to see the yield breakout from here. Bond yields moving sideways. We cant generate any inflation right now. Still attractive but certainly not breaking out. 1. 20 by the end of the year. If we get to 1. 2 on the 10 year, we are looking at a global recession. We are going to test 1 . A lot of things have to be go incredibly wrong to get to 1 . Unless the market begins to price in additional cuts, the 10 year, at most, will drop down to the 1. 60 range. The fed will probably not cut again. If there is any weakness in the data, you will see an outsized rally in bonds. The path to least resistance has been lower, and i see no reason to think that will change in 2020. Taylor can we break out of the range set in 2019 . Joining us from new york are collin martin, peter tchir of academy securities, and in pa
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Biofuels refiner
Ecoceres is aiming to start up its Malaysia-based biofuels
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said on Monday. The unit will have a total. -April 22, 2024 at 07:06 am EDT
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