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[applause] average mead yoon incom median h rose 800 and president obama 975 dollars over 8 years, in my administration, 5,000 dollars over slightly more than just 2 1 2 years. President s message of populism and restoration of the American Dream helped carry him to the white house. And that message remains as strong as ever and today reinforced by the president s historic record of achievement. In short, the failed Political Class sold out american workers, soldout american prosperity. And soldout the American Dream. This was the alarming situation i was elected to end, those days are gone. Were not going back. We want the incentives created by our tax trade, regulatory and Energy Policies to be pro growth, pro worker, and 100 pro american. And more is yet to com ....
Then youll start to get a capitulation which will bring us another leg higher in yields. You will continue to see pressure on yields. Lower bond yields from here the market would not like. It reflects significant duration in macro. The market has come around to the view that maybe we are not going into recession but Slower Growth environment. They perhaps havent overweighted duration. You want to be fine duration here because we have not yet seen a sustained pickup in momentum in u. S. Data. Jonathan joining me are robert tipp, samantha azzarello, and krishna memani. Any more oxygen left in this treasuries a lot we have seen this week . Samantha i think so. Rates could continue to go up. Rate volatility has been high this year and nothing will stop that. Jonathan you agree with that . Krishna it depends on your investment horizon. The market selloff has been significant. By year, close to 2 , but it is getting higher from that. Nex ....
[applause] average mead yoon incom median h rose 800 and president obama 975 dollars over 8 years, in my administration, 5,000 dollars over slightly more than just 2 1 2 years. President s message of populism and restoration of the American Dream helped carry him to the white house. And that message remains as strong as ever and today reinforced by the president s historic record of achievement. In short, the failed Political Class sold out american workers, soldout american prosperity. And soldout the American Dream. This was the alarming situation i was elected to end, those days are gone. Were not going back. We want the incentives created by our tax trade, regulatory and Energy Policies to be pro growth, pro worker, and 100 pro american. And more is yet to com ....
Investors, be good for both companies. A little off their highs now. At one point, td was up 24 . Interesting to note, e trade is down on this deal. Guy lets take a look at the stoxx 600 in europe, down by 0. 4 today. The pound is rising. We have the labour party issuing its manifesto earlier on, bashing billionaires. Seems to be fashionable on both sides of the atlantic. See,n tenyear, as you can we are seeing a little bit of movement in yields today. The big movement actually came yesterday. People are watching what is happening with this trade story, trying to figure out exactly how the whole story fits with the trade story. We are going to talk about that in more detail. Vonnie the u. S. China trade war weighing heavily on the minds of world and Business Leaders at the bluebird new Economy Forum in beijing the Bloomberg ....