right-wingers in his own party. congressman james clyburn, assistant democratic leader, joins me live to discuss what s going on. fast truck. fulton county d.a. fani willis wants to set donald trump s georgia trial for august 5th, 2024. how that could shake up his bid for the white house, just three weeks after the republican convention. and exactly three months before election day. and, buyer you rustin. the march on washington finally gets his due, in the critically acclaimed movie, rustin. the star of the movie, colman domingo, joins me live to discuss his top score worthy performance. i m jonathan capehart, this is the saturday show. s is the saturday show. this morning, the federal government is open, for now. late thursday night, president biden signed a short term funding bill into law just one day before the deadline. but the please, hold the applause. the stopgap law, with the laddered ctiing resolution, kicks the cado the road until next year. funding some fed
fantastic group here to help us understand all that s going on in the political news. kelly o donnell in the white house, the co-founders of punchbowl news and the editor of the nevada independence. kelly, what are the president and vice president going to say about this bill that hasn t always been said? a lot of it will be a focus on the real underpinning of this. the biden administration, president in particular, wants to sell to the public that government can work for them. that they can accomplish golds that were campaigned on, promises that were made. in the specifics today president biden will talk about the limitation phase. it s not the sexiest part of this kind of a law but it is critically important and also one of the areas where there s all kind of land mines and things that could go wrong. president biden knows this firsthand because he had been in charge back in the obama administration of implementing the recovery plan at that time so he knows there are a lo
We will talk to him about why he is doing it and what it is come what has come from it. Alix i hope we can sneak something in there about their activity. Are they seeing a pick up here . David i have burned in my brain just for you. I will ask about it just for you. This is the morning brief. At 8 00, the cleveland fed president will beginning a talk on Monetary Policy and the economic outlook. At 11 30, the u. S. Treasuries will be optioning 50 billion in bills and after the bell, metlife will be recording its earnings reporting its earnings. Alix two and a half hours until the cash open in the u. S. And its a modest risk up kind of day. Kind of moves become the new normal . The u. S. Dollar pretty much on the back foot all day. And sell is buy bonds peripheral bonds. Yields moving lower by about three basis points in the u. S. 60 aalso weaker, under barrel. My chart of the morning, i feel like everyone on the street is talking about it. Dollaryen breaking through key levels like 1. 0
Surveillance. In the and the european session has not come through to the asian session. We got the s p futures firmly in the negative territory. We have seen the s p futures on the back foot. Interesting to see what has been happening in the currency market. A lot of yen strength in the market. The dollar is down against the japanese currency. We heard from the japanese Prime Minister, he had some words to say about who is going to run the bank of japan. There has been lots of reports about Corona Kuroda been tapped for a second term being tapped for a second term. We have an exclusive interview with the ceo of the Luxury Group Sales werer holiday good. I would be taking you through the first hour, nejra cehic will be with you for the following couple of hours on bloomberg surveillance. U. S. President trump has unveiled a 4. 4 trillion budget for the 2019 fiscal year that and otherwelfare domestic programs in favor of higher spending on military and immigration enforcement. Calls for
There is Movement Towards him. Disney, moving down in the stock, the trouble with espn and thats disneys cash cow, its going to be down big. But the big money story, the long list of big names hitting record highs. Amazon leads the charge again and, yes, Varney Company is about to begin. Well, i wont back down. [laughter] you hear that, you know, the producers select very good music. No, i wont back down. All right. Bernie sanders is not backing down, he won another state. The economy, one of the big issues for democrat voters yesterday. A third of those democrat voters in West Virginia said theyd go for trump in november. How about that . More coming up on that issue, but right now, well check the market for you. Here is how were likely to open today, ever so slightly lower. But what do you expect after a 200 point plus gain yesterday. That was biggest gain in two months. It will open lower, but thats mostly because of disney, which is a dow stock, which will be down. That will cost t