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Way to the indian border. Theres tangible issues. No question they are flexing their muscle right now. What i would notice in this market on a quiet wednesday, i know you will do the data check here. Publishing moments ago this bullish consumer view, and that was a game changer yesterday with the retail sales report. Jonathan we will catch up on the geopolitics a little later in the hour. Equity futures up 19 on the s p 500, focusing a move higher over the last several weeks, up by 0. 6 . Just surprise after positive surprise. The economic surprise index in the United States is absolutely flying. And it is at a record high searching higher after yesterdays retail sales beat. It was just an absolute trout. Today absolute trounce. Today i am going to be watching the u. S. May building and housing permits starts to get a taste of what we may expect. U. S. Loan purchase applications hit an 11 year high last week, so that should be some ....
Edward tom good morning. Wfh, as the jargon now, you work from home. When do we all get back to the office . We thank you for watching. A really interesting wednesday. There are a lot of political moments, theres international relations. In the market, im sorry. I started out this morning with on, and all much going now a bid to equities once more. Jonathan you the word crosscurrents. I think that is the right word this week. We have betterthanexpected data in the United States. I think the data right now is absolutely critical. The Federal Reserve has played a huge role in this market, and clearly that is exacerbating this, but the veracity comes from the betterthanexpected data. You have to say that this rally tracks that pretty well so far. Tom lisa abramowicz, what have you learned about the efficacious nature of fed policy . Is it helping right now . Lisa it is helping t ....