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So we are looking at case counts going up and in equity market going up. We are seeing treasuries coming off, you see three bits today, but what we are seeing as well is a steeper and steeper curve. What does that signal, and ultimately will we see Central Banks stepping on that . What we have coming up for the rest of this program, we have a great our lined up. Lets talk about the highlights coming up later in the hour. We are going to get more oversight as to what is happening in china. Alpine chief strategist will be coming alpine macros chief strategist is joining us. Here in europe, the ecb is warning that the eurozone faces about two years of downward pressure during a webinar this weekend. The ecb president , Christine Lagarde said she does see a turnaround after that. Inflation dynamics will be impacted with disinflation to begin with, and then inflation that will o ....
I dont know if its the word euphoria i think market, the market clearly has gone parabolic when that happens, you have a decision to make you could buy in with the momentum thats continuing to build or you could sit back and just have what you have. I think its better at this point to sit back, youre long the market stay long the market its not a referendum say og kay, because the markets going parabolic, it means it necessarily end. From a quantitative standpoint, this momentum strategy thats dominated the markets the last couple of years, its like the top spinning on a table because faster ander and faster, eventually, it falls over. I think thats what the environment is right now and the interesting thing as well and john could speak to this, the vix is up 11 today. Is this euphoria, the final stage of bull market is it time to worry a little bit zm. I think just to joes point about that 11 juch in the vix, there are some people a little worried. Now whether or not theyre getting ou ....
Infrastructure. So i cant be evaluated until they do that in general. His approach is to lay out 200 billion over ten years in public money as a lever to try to get private sector money investment through tax credits, also get state and local money and democrats are likely to resist that kind of a instructionture of a plan, which makes it propmatic a because a lot of republicans arent that enthusiastic, theyre looking to cut the debt, so this is something thats as you indicated, overshadowed all week by the attention on first terrorism and the lond attacon s and the fight with the mayor then. Then the james comey temperaturtemperaturstimony, thats really blowing out of the Water Infrastructure week. Thank you very much in the nations capitol. One of the reasons we were so interest ed in hear frg the president today, wondering if he would make any Public Comments from t ....
Isaac of the New York Times. In less than one hour, google is set to kick off its hardware event where they are expected to unveil a new line of hardware including phones, vr devices, according to the information they poached, amazon executive who once led kindle hardware, expected to lead googles new branded line of smart phones. Dan, what is going on between this, snapchat, who knows how else, Software Providers deciding they need to have an actual device . Its a little bit of apple envy, right . The entire system front to back. And android became so huge. Amazon has become the clear leader. Theyre sort of dictating the terms to everybody. Theyre doing something first and people are copying them. Its a real change in sort of where the action is starting. These home speakers, certainly. Mike, take a look at google and hardware. Im sorry, i mean, weve got to be realistic ....
470 of them front office jobs. Now to carl cant ania and the beginning of squawk alley. Good morning. It is 8 00 a. M. At apple headquarters in cupertino. 11 00 a. M. On wall street, and squawk alley is live. Good tuesday morning. Kayla is off, but with us as always john and myself at post nine. Joining us today jessica lessen, the founder of the information and cnbc contributor. Jessica, great to have you with us as well. On a crazy day, cramer called it an emotional opening, and it was certainly that. Were well off the lows. Oil has gone green after a miserable morning. Lets start with the markets falling, of course, since the open right now. Dow down 86 points. S p is down about seven. We mentioned oil going positive. Our bob pasani on the floor watching everything. Bob. We are in the middle of a modest rally. Remember, we were we got down 20 points in the s p 500 right at the open, and we have more than half that with the s p down only six points. Lets take a look at the market int ....