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Thank you for coming. I am david cook. Our guest today is richard trumka. This is his ninth visit with our group. We appreciate this prelabor day tradition. He followed his father and grandfather into the mines. He worked his way to Penn State University and earned a law degree. In 1982, at age 33, he was elected president of the line workers of america, the youngest person in history to hold that position. He served three terms as president. In 1995, he ran to be secretarytreasurer and became the youngest person to hold that job, one he held for 15 years. He was elected as president in september 2009 and we elected in 2013. Last year, he became a grandfather. Thus ends the biographical portion of the program. Now onto the breakfast mechanics. We are on the record here. Please, no live blogging. No filing of any kind while the breakfast is underway, to give us time to listen to what our guest says. There is no embargo when ....
Here we go. Thank you for coming. I am david cook. Our guest today is richard trumka. This is his ninth visit with our group. We appreciate this prelabor day tradition. He followed his father and grandfather into the mines. He worked his way to Penn State University and earned a law degree. In 1982, at age 33, he was elected president of the line workers of america, the youngest person in history to hold that position. He served three terms as president. In 1995, he ran to be secretarytreasurer and became the youngest person to hold that job, one he held for 15 years. He was elected as president in september 2009 and we elected in 2013. Last year, he became a grandfather. Thus ends the biographical portion of the program. Now onto the breakfast mechanics. We are on the record here. Please, no live blogging. No filing of any kind while the breakfast is underway, to give us time to listen to what our guest says. There is no e ....
Educated about the price they will pay for leaving. Manus will come to daybreak europe, our flagship morning show right here in the city of london. Im manus cranny. The world is absorbing and understanding just what the ramifications are for the actions of kim jongun. As it is understood that a Hydrogen Bomb, 10 times the size of the hiroshima bomb, was tested over the weekend in north korea. The prospect for a clean resolution and north korea are difficult to put into parameters. The money is going into gold and it is flowing into yet. Dollaryen at the bottom of the screen, even though money has run into the yen, it has literally retraced 50 . Of 9. 80, retracing 50 of its initial game. The position of the market, the situation over north korea appears to be a splitting. But the market is still short. Shorting the young is the third most popular that. Therefore, you can get a squeeze that could look ugly. Could you see a rerun of ....
Rule. It is about geopolitical, the alpha today. Haven assets,e golden yield. 9398 shows the correlation between golden the yen, moving more closely. And the yen, moving more closely. If you think that is suggesting people rushing to haven status, it is roughly down to that when it comes to the next chart, 1861. There we go. 4500, just having come off the top of that, but it has clearly outperformed when we see the treasury bills, gold, and the yen. That is what we have at the moment currently. Haidi absolutely. Cycle ofck into this risk off and what happens over the next you days as that risk receives and investors get back into the market. This First Nuclear test of north korea of the Trump Administration and whether that is a game changer. A risk off but orderly mood so far in this asian session. We are 30 minutes away from the open in china and hong kong. Sophie kore ....
Provide cooling but keeping that smoke in place. All the fires are across Northern California and that is smoke coming our way from all these fires and that is what we have been dealing with for several days now, burning in oregon as well. The way the wind direction is, its into the region so unhealthy conditions for the east by a, santa clara county, and they have been doing that a lot lately. The air quality in effect today. Humidity still dry north of us. Michelle . Neda, because you said the hot weather triggered the spare the air day, the fifth in a row, Jessica Flores is live with tips and warnings. Jessica . Reporter hey, good morning, michelle. Its the sixth consecutive spare the air alert today and what is triggering that, the heat wave we have seen for the last several days, causing dangerously smoggy conditions. You have probably seen the hazy skies if you hav ....