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I want to thank them for that. There is no more powerful response to the hatred that sparked 9 11 than the agreement that we are about to tell you. You will hear something today that is very, very important for not only the middle east, but for the world. In the spirit of peace and cooperation, both leaders agreed bahrain will fully normalize diplomatic relations with israel. They will exchange embassies and ambassadors, begin direct flights between their country, and open cooperation initiatives across sectors including health, technology, education, security and doug were culture. This is a truly historic day. There have been two Peace Agreements with israel in the last 72 years. This is now the second Peace Agreement that we have announced in the last month. And i am very hopeful that there will be more to follow. I cant tell you, there is tremendous enthusiasm on behalf ....
Only authorized biographer of President Trump what does that mean to be an authorized biographer quick. I dont think that is accurate i hear that over and overt it is an authorized history because the biography would tell about his birth and his whole life its just the whitebi house and his election and campaign and the history of his first year in the white house. What does it mean to be authorized quick. The president says who he wants to talk to so initially sitting there with Sarah Huckabee sanders when the book sstarted said i want everybody in the cabinet and he said good you can have them all. So once i started to interview the family members i could not get out of the family it was to rich and interesting. Why did the president pick you quick. It was a long time it was the year i had a meeting with teeten they will still write books about the trump family when you an ....
Good thursday morning. Welcome to squawk alley. Im jon fortt with morga brennan, david faber, here at post 9 at the New York Stock Exchange carl is on assignment. And were going to begin with todays rally. Stocks surging all of the major indices up more than 1 . Our dom chu is back at headquarters with a look at what is driving the gains today dom . So, jon, we are right near highs of the session right now the dow is up about 458 points, 452 at this stage. And as you can see here, almost 1. 5 to 2 gains at this stage for the major indices. The s p 500 really the laggard there. A lot of tlechnology and communication stocks powering that nasdaq composite to a 1. 5 gain overall with regard to whats driving the action, take a look at the sectors that areat most at wor and at play. Financials, industrials, technology, meanwhile, consumer staples, real estate, and utilities really lagging behind. The key level that we wanted to ....
By buying all the bad bonds some of their rate some of their bonds i believe at negative Interest Rates even and italy and yet you know if everything is so hunky dory italy proposes tax on savings hidden in safety deposit boxes as total retail deposits hit fresh all time highs the italian people they have a lot of cash and theyve been putting it into their savings accounts and more importantly in italy they put that into safe deposit boxes salvini is proposing that they basically raid all these savings these safe deposit accounts and introduce a tax if you if you voluntarily tell the government how much you have in there theyll do a flat tax of 15 percent i dont know what the higher rate will be if you fail to voluntarily disclose it but theyre coming after your savings quit now for those italians that want to keep their savings or put it into because you can escape the confiscation of the. Government or the vatican whoever runs t ....
A period of growth now and were seeing that the American Peak will hit so itll be time for a 5 year vacation again. Im not sure where but somewhere but this is. Take of bitcoin and say adios into the sunset i think were done well this is in the you know the context of all these guys like unlike selling all their equities theyre getting out and buying bonds predicting a huge recession because if the u. S. Obviously is in its own space like its beyond all of the emerging markets europe and japan and terms of where their stock price is. Now over to italy which of course has had catastrophic economic story happening there and weve been again covering this for 10 years the European Central bank has managed to keep it afloat by buying all their bad bonds some of their rate some of their bonds i believe at negative Interest Rates< ....