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big today gain and as you say, don t fear the fed, even in the face of this perception that the fed will potentially be more aggressive. all three averages hovering near their highs of the session. been talking lately about anniversaries of record for the major averages and we are approaching the anniversary of the doubt. it was at a record last may 27 and as you can see, distill trading lower by 1.7%. but since last friday, we have embarked on a significant rally, to thate getting closer record level. what would it have to do to get to that level by friday? let s look at the last week of trading. we have seen the 360 point gain for the dow. it would have to go up by the same again to regain that record status. part of what has power to be stocks generally higher has been the financial group, which has seen this big increase here. we have seen financials move higher along with bond yields. financials still the second worst-performing group year to date, so there is a ro ....
have a look at where equities are looking. there you have them. isry single industry group trading down. the stoxx 600 is 1.46% lower. we are lower for the sixth day in seven. the last seven days have seen 7.5% wiped off the value of european equities. that equates to 680 billion euros. every single stock is down or industry group is down. the concern, once again, reverting to the u.k. referendum in just over a week s time, as well as the central banks that have dominated the airwaves in the last 24 hours. gold miners, gold rising today inrand gold it has mines mali, ivory coast, the democratic republic of the congo it is benefiting from the 7% in the price of gold. if brexit occurs, gold could reach $1550 an ounce. that is according to the strategist we have survey data bloombergs. this is rand gold versus gold. 5056% higher. that is not bad. the s&p 500 in the same time period is up by 40%. a dark day for the banks at record lows for credit suisse. the swiss nat ....
and a special performance by donny deutsch. did attorney general loretta lynch change key or was she singing off pitch to begin with? the new york times published a agdline sorry saying the will accept whatever recommendation prosecutors and if you investigators make about any chance of indictment. the story suggests that lynch would essentially remove herself from the case that set off a firestorm on morning tv news. news talkinging tv about this story and i was contacted by a justice department official who suggested that the times story was incorrect in one critical respect. this official said that lynch would be reserving the right to overrule what you you and prosecutors recommended, i was told the probability of that happening was very low. to make things a little bit more confusing, lynch appeared on stage in colorado where she expressed some regret about her chat with the former president, but also seemed to send mixed messages about her ongoing role in the in ....
thank you for being late: finding a job, running the country, and keeping your head in an age of acceleration. tom friedman: the title comes from meeting people at breakfast in washington dc over the past couple of years, and they re 15 or 20 minutes late, they say, i am sorry, it was the traffic. one day, i spontaneously said to them, actually, charlie, thank you for being late. because you were late, i was eavesdropping on their conversation. i connected two ideas that i was struggling with, thank you for being late. people start to get into it and they say, you are welcome. what i was sort of doing was giving myself and them permission to be late, to slow down, sit back and reflect. charlie: this is a brief against speed. tom friedman: it really is, but in an age of acceleration. the core theme of the book is that we are in the middle of three nonlinear accelerations, all at the same time, the three largest forces on the planet, which i call the market, mother natu ....
november with this wonderful new title. thank you for being late: finding a job, running the country, and keeping your head in an age of acceleration. tom friedman: the title comes from meeting people at breakfast in washington, d.c., over the past couple of years, and they re 15 or 20 minutes late, they say, i am sorry, it was the traffic. one day, i spontaneously said to them, actually, charlie, thank you for being late. because you were late, i was eavesdropping on their conversation. i have been people-watching the lobby. i connected two ideas that i was struggling with, thank you for being late. people start to get into it and they say, you are welcome. and what i was sort of doing was , giving myself and them permission to be late, to slow down, sit back and reflect. charlie: this is a brief against speed. tom friedman: it really is, but in an age of acceleration. the sort of core theme of the book is that we are in the middle of three nonlinear accelerations, a ....