Index climbing sharply higher. In the month of august, the cyclicals are leading the way on the year. It is all about tax. It is all about tech. Interesting to see how the month of august plays out. Right now a sleepy summer day. Taylor it does not look like it will be sleepily for much longer. August goes quickly. It is a volatile month. We are in an election year. Abigail it is interesting because there are lots of reasons to think we could have a volatility spike, including the fact we are in the seasonally higher volatility time, august, september, october. The vix curve speaks to a big spike in october. The panic index is at levels close to where it was prior to the selloff in february and the selloff in 2018. The fundamental backdrop for this is despite the fact we have a better initial jobless claim today, which is excellent, but it is still extraordinarily high. It is not even put the financial crisis you cannot see the numbers around the financial crisis relative to where we a
is not at war with russia. with ruthis is ukraine s war to figh. uk the second thing we have heard over and over again is that ukraine is winning that wa thar. rave ukrainian troops are brave and noble. russian troops are evil. and incompetent. the ukrainians are beating the russians. ir victo in the end, their victory i is inevitable. now, you re very familiar with these points because you heary day since ever last february. you ve heard them repeated by every power centem repeated , the united states , the pentagon, the white house, the leaders of both partie s in congress, ceos and celebrities, and most insistently of all, m from you ve heard them from virtually every single outlet lyy along the entire spectrum ol our national news media. these are the two essential themes of the war in ukraine and both of them are lies. k we know that they re lies because late last week, leakedea intelligence about the war in ukraine began to appear on social media briefing slides prepare
We welcome your comments via text. That is 202 7488003. Tell us your name and where you are texting from and you can post your comments on facebook, x and instagram cspanwj. The Biggest Challenges you see facing American Workers, things like job security, pay, remote work, unions, etc. 202 7488000 is the line to use for those of you who are working. 202 7488001, if you are unemployed or looking for work. We will get to your comments and suggestions momentarily on washington journal. We will start with nerd while its look at seven stats about American Workers. They do a lot of financial facts. Labor day snaps not, seven thats about American Workers. When labor day became a federal holiday in 1894 before Artificial Intelligence and remote work, the American Workforce faced other significant disruptions. Workers were beginning to leave the farming jobs that up until the 1800s had made over half the work force. According to a 19 66 Wesleyan University study, many of those farmers as well a
Living paychecktopaycheck and the sector of Union Strikes looms larger than it has in years. A partial look at how things are on this labor day. Welcome to washington journal. We begin asking you about the Biggest Challenges you see facing American Workers. Going in the discussion. If you are currently employed and working, the line is 202 7488000. If you are looking for work, unemployed, 202 7488001. If you are retired, use 202 7488002. We welcome your comments via text. That is 202 7488003. Tell us your name and where you are texting from and you can post your comments on facebook, x and instagram cspanwj. The Biggest Challenges you see facing American Workers, things like job security, pay, remote work, unions, etc. 202 7488000 is the line to use for those of you who are working. 202 7488001, if you are unemployed or looking for work. We will get to your comments and suggestions momentarily on washington journal. We will start with nerd while its look at seven stats about American W
Panel on the end of the west, question mark, is not one were used to having here at munich. We talk about concerns the middle east, in russia, ukraine, concerns of europe. We have been there over the past years. This year they are still there, but we are asking ourselves much more fundamentally, are we being the beginning of the end of a westernled order . We know why we are asking the questions now, it is President Trump, but it is more structural than that. It has been coming along time, the rising of china, the populism in europe, the brexit, explosions in the middle east. We have to ask ourselves, umber one, can china or anyone else step in . Number two, if they cant, will we have an order without a leader and what does that mean . And number three, to the extent that u. S. Leadership is taking a big hit, can americans get it back . To answer those question is no one questions is no one better to kick it off and senator john mccain. Senator . Questions is no one better to kick it o