Dollar index continuing to climb higher and higher out of the case as well for crude oil. This is the global benchmark. Imax is up as well, over 96 a barrel, real strength in the oil market as we heard the russians and the saudis will continue production cuts at least through the end of the year and also in the last few minutes we learned that United Airlines is issued a nationwide ground stop for all flights due to a computer issue. This is according to abc news and they cite the faa and united for this nationwide founding of all united flights. The shares are down to session lows off of 4. 2 4. 6 . John we will continue to watch. You are talking about the energy trade today and the commitment for some opecplus nations to supply cuts the has few Energy Stocks on the down day for most sectors, but Occidental Petroleum up 3. 5 at this hour. As we continue to read through to the health of the economy, americas car market was an interesting example. A used car dealers profitability is tak
Historically a tricky month. How much, though, does it have to do with the turn were starting to see and the data . The calendar itself, sure. The data are what they are in terms of performance but its want been bad when you have the market up, 10 or more. To me thats one of the things you keep in the back of your mind. The seasonal weakness was mostly felt in august. Either the turn in the data or just the fact that were not being able to escape the late cycle back drop. At least psychologically. When you have employment down to 3. 5 . The fed has been tightening for a year and a half,ist time to wonder, how much longer can the cycle last . Theres not much to observe in the numbers, aha, its here, the soft landing is a fantasy, its not going to happen. As many have said in the jobs number is consistent with a soft landing. Who knows. Consistent with descending into Something Else . I think the biggest risk in the near term is that longer term yields keep going up, and not just because
Earnings. And your earnings read is. Some are cloudy, some are bright, some are messy. We will try to find a signal in all of the earnings noise. Im alix steel here with guy johnson in new york. So interesting to see the stock reaction to earnings. Finally, earnings seem to matter, but are we having the right takeaway if you are an investor . Guy difficult to draw a comprehensive conclusion. You need to take every stock on a casebycase basis. The answer to the question about the signal is really hard. Is there a signal in all of this, macro takeaway, something that we can deduce out of this that is useful beyond investing in the single stock story . What is happening in tech is so critical. Alix did you see the chart . Sell google, by microsoft. Guy now we wait for amazon to see what is the deciding vote. Will they provide the conclusion to this narrative . The existing market has broken because of you. Alix thank you. Guy the new homes market is not. That is a market that continues to
Increase the countrys honor and authority. And the efforts of the elites of parents, teachers and professors and the areas of growth and development that i would add in the school and university, the home of the school, university and our islamic society. All of these are platforms for growth and excellence. The role of each which role in its place. Both home and family, both school and university, and societys platform for growth and development. The National Foundation of the elites of thought and thought is the wise leadership of the Islamic Revolution to create a group in order to both identify and guide the support of the elites, to create good efforts during this period, in appreciation of the predecessors , to take actions that should be taken from the efforts of all of them. Appreciated, but where we are placed here is not the final place and the peak , we must try to reach a superior position with superior talents, initiative and creativity, god willing, because we are the cap
On the one Year Anniversary and 3 on a vacation of the country with its new regions. And as for vakio votes and its parliamentary elections today we keep close eye on the countries of the social democratic party, which is leading in the pony the im rachel ruble live from moscow. This is our t international. Hundreds of people to the streets in between a faucet capital on friday to show support for the rolling government one year after it came to power in a to supporters. Were seeing waving, breaking up a flags and holding pictures of the countrys young military leader. Captain abraham tre or a reflected on the countrys tough road to freedom. Its new that im putting to the route taking is different goals. We have a fight against imperialism, is eileen and imperialism is not only those who are outside. So he does, especially the domestic laboratories inside there are the things we have been experiencing since they won. The crowds gathered before the government broadcast the statement on