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Fed governor saying the fed is likely going to need to shift its Monetary Policy from a policy of stabilization to a policy of accommodation which means helping the economy achieve the level of growth that it has previously. Remaining low until certain Employment Outcomes are hit. A thick fog of uncertainty now surrounds the United States. She goes onto say the Downside Risk dominates the strength will depend on Additional Support along with Monetary Policy. She urges fed emergency facile tills to be as broadly accessible as possible perhaps a concern on her part that maybe some of the current facilities are not. Melissa. Does she sound much more ....
Highest level since july 10th. A new month for stocks take a look at how the dow historically does in august. On average the best performing month of the year, after 86 all that changes and august is now the worst month of the dow an underperformer for almost the last 30 years. That sets us up for the first trading day of august, stephanie. What do you think . Are we in for a decline in the markets based on historicals or Something Else that could keep the rally going . Weve come a long way in year to date in all the averages. It wouldnt surprise me. Im encouraged by the Economic Data were seeing and how that is translating into earnings being a little bit better than expected if you look at the Economic Data, we have the gdp numbers, 2. 4 versus 2 in the first quarter. An acceleration led by the consumer weve talk about t ....
i m bianna golodryga, welcome to cnn newsroom. i m john berman. we begin with breaking news. a russian fighter jet has forced down a u.s. drone over the black sea. the u.s. air force says the jet damaged the propeller of an mq-9 reaper drone. the aircrafts were operating over international waters when one of the jets intentionally flew in front of the drone and began dumping fuel. the white house says president biden has been briefed on the situation. cnn s oren liebermann is at the pentagon. we also have mark kimmitt. what are you learning? this played out early this morning over the black sea according to u.s. air force europe where a surveillance drone, an mq-9 reaper drone, was operating, again, over international waters when the air force says two russian fighter jets conducted an intercept in an up safe and unprofessional manner. but it goes beyond that. after the interpret, the russian fighter jets flew in front of the u.s. reaper drone, jumped dual in an ....
The way up into these numbers. I think well start to see some of the numbers actually come back into these financials theyve lagged, they havent performed. They had that great run after the president was elected and theyve basically poaused. I think its ready to finally start to break to the upside weve seen the kind of option activity that tells us right now, its not just the individual names, the entire xlf. People come in there and buying huge numbers there, looking for more upside. And it doesnt headquarter that yield curve have been cooperating so far this week in just the past week, were up about 0. 1 on the tenyear yield curve. But its not even just about where rates are going with the financial names that were in. Theres so many other reasons to own these big banks, and especially with ccar coming later on today, its a situation where youre going to start to see some of those buybacks potentially coming back. You already heard yellen talk about the strength of the banks already ....
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