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Im wilfred frost. Very good morning to you have me as well. Lets get straight to the Global Market action. Yesterday we saw the Third Straight day of declines for the dow. Just barely. Exactly right. You completed my sentence before i could. Down just a fraction. Nasdaq closed positive, right . Nasdaq slightly positive for its fourth positive day in a row, albeit similarly four p slight positive days. 7 out of 1 1 sectors were negative. The most notable decliner was financials. The bank stocks down over 1 . A poor day for them. A large part of that was what was happening in the yield curve. Tenyear treasury note. The yield curve slipped across the board. It wasnt that it just flattened. The tenyear note hit a low of 2. 46. At 2. 48 at the moment. That was a low not seen since about the last three, four weeks. Japan, remember, was closed on monday. It did open tuesday. Declinin ....
Bring you the news that neil bush, brother of a jeb and george w. Has joined ted cruzs finance team. Do we have a sibling scandal or rivalry on our hands . The primary no one is talking about but should be, the secondbiggest primary behind florida isnt winnertakeall like the Sunshine State or ohio, Blake Merriman live in the ignore at your peril state. When it comes to the battle for democratic delegates, the race is tighter than it looks. We break down whether it is a real possibility or a pipe dream that Bernie Sanders could overtake Hillary Clinton for the nomination. Chilling images from iran testing missiles with running messages against israel written directly on the missile. Are these tests just a violation of the new nuclear deal with iran . You may be surp ....
At some point, something is going to go wrong and it will hit you totally out of left field. Or even worse, something bad will happen that could have easily been anticipated unless you took the appropriate precautions, and you will end up being run over by a train that you actually saw coming. All aboard think of how often weve been clobbered by the mess in europe. Every time things look less horrible across the atlantic, every time we begin to wonder, just maybe the worst has finally passed there is some hideous headline and the euro panic comes back with a vengeance and the s p 500 gets bashed down by a torrent of selling. Thats why its so important to prepare yourselves for the next catastrophe. So you can make money in any market or lose less and not just when things are going smoothly. You have to build this stuff into what i call your world view. You have to assume that somewhere, sometime, something will go wrong. Im not saying you should be a superskeptic perma bear. Not at all ....
Hit you totally out of left field. Or even worse, something bad will happen that could have easily been anticipated unless you took the appropriate precautions, and you will end up being run over by a train that you actually saw coming. All aboard think of how often weve been clobbered by the mess in europe. Every time things look less horrible across the atlantic, every time we begin to wonder, just maybe the worst has finally passed there, is some hideous headline and the euro panic comes back with a vengeance and the s p 500 gets bashed down by a torrent of selling. Thats why its so important to prepare yourselves for the next catastrophe. So you can make money in any market or lose less and not just when things are going smoothly. You have to build this stuff into what i call your world view. You have to assume that somewhere, sometime, something will go wrong. Im not saying you should be a superskeptic perma bear. Not at all. Over the course of my 31plus years in the business, i h ....