Portugal, spain, and greece. Eurodollar also weaker. The safe haven choice today, the yen and u. S. Dollar and u. S. Market dollar. Unbelievable. T fed . U fight the do you fight the bond market . What do you do . David at some point, it is overbought. Alix we are joined by rachel evans and luke kawa. Lets start with the oil markets. We have all this rhetoric between iran and the u. S. Foil over the last five days, theres a whole lot of nothing oil over the last five days, theres a whole lot of nothing. Luke, what are you hearing . Luke im more interested in what you are hearing. We are trading at pretty much mid 2016 levels. It is the same place in the equity market. Thats what continues to confuse me. It does look like if you look at what the iea is saying about production next year, u. S. Inventory build versus the past five years, it really looks like this is a case of the fundamentals, and the market completely overwhelming what we are seeing on the geopolitical side. David i wond
All that different from what the competition may be making . We saw the answer to that question today people will pay up for prestige. That incite to find much of the action the dow gained 170 points today we have one of the most amazing displays of Prestige Power i could ever remember with the stocks of ralph lauren and apple. Three of the most prestige you s brands around. They surged 8. 4 and 11. 6 respectively both propollelled by better than expected numbers do you believe that . Lets take it one by one you know i have raved to you before about este lauder leave it to the seller of clinique to put on a clinic. Today this Conference Call este lauder delivered blowout numbers. How about ralph lauren the companys ceo who cracked for clothing and run away with ralph lauren it is reputation of ralph himself resulted in a spectacular quarter. New generation of people buying ralph. Not only is the apple watch crushing it have you seen the version in it also saves lives i read a piece thi
Currencies, im watching the yuan which has been strengthening. Its at the Strongs Point of the session, up 6. 76. Its actually benefiting the euro, and a basket of currencies will get a benefit from this as well. Guy wait until battle of the charts, i have a cracking chart to get to. Hopefully it will play well. Im hedging my bets. Let us see what is happening in europe, trade is unloading today. Unloading, weare have stocks doing very well in london, and the reason for that withat we are seeing this suggestions today with a standard headline earlier that was edited by george oswald, that there is a chance that the cabinet ministers are talking about the possibility of extending article 50. Delaying brexit. That has given the pound of it a bit of a bit of a boost today. The dollar is trading higher against the turkish lira, we have seen headlines indicating that Turkish Forces are amassing on the border, thats making the market nervous. Run risen aggressively. And the dollar indexes on
start to dry things out once again this flash flood warning continues tonight for central and southern waukesha county and southern milwaukee county. it s a waukesha to milwaukee. you can see the heaviest rain is over us now it s going to be over us for the next few hours and then will work out by 9:00 p.m. of another minutes. the rain really coming downn aut- driving through standing water is very dangerous and it s best to find another route. a similar scene in whitefish bay. this is the intersection of henry clay and santa monica. you can see the waters rising over the streets and onto the sidewalks. and this is near henry clay and bay. heavy rain has led to flooding in dodge county today.. it was enough to force schools to evacuate in mayville. that s where we find our rachelle baillon tonight. she joins us live. good evening. the rainfall prompted rising waters that rushed toward two area schools. both canceled class and sent students home while volunteers and first res
keeping an eye on the roadways speeds are at or above posted traffic is realatively light across most of the counties and drive times are on top speeds are at or above posted incident free full closures on i-41 south at watertown police in oconomowoc are searching for a person of interest in a murder investigation.34-year-old christina schuster was found shot to death monday in her apartment.no weapon was found. her car was missing from the parking lot. charges for a deadly crash saturday on the city s west side.maurice taylor is accused of driving drunk before crashing into a light pole near 32nd and wisconsin.his brother was killed, another passenger was injured.police say taylor never had a license and he was cited 14 times for operating without a a reminder. extra enforcement will be out this weekend pulling over drunk drivers. over the labor day weekend 9 people were arrested for drunk driving.the extra enforcement is part of iniative disability rights groups are asking