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that prompted the white house to go into a spin overdrive like this. you would be amazed if they would declare this period to be a recession, even if two quarters of negative growth. we have a strong labor market and we are creating one of those jobs that is not a recession. i think probably. there is so much out of our control to read what inflation is being a global problem. brian: in fact, the gas prices coming down in the summer is extraordinarily rare. that is not something we see very often pure they follow every single day since started. that is progress but not enough and we need to keep working on this. we begin with gillian turner reporting live from the white house, good morning. good morning to you julie and bill. we did not see him at all over the weekend and we will not see him in person before wednesday. his position wrote in the letter, this just in and we will hear direct from the white house the covid coordinator this afternoon and we will ge ....
Infighting force President Trump to bring democrats in . To my panel, liz peek and deroy murdock, Fox News Contributor and contributing editor to the National Review. Liz, first and foremost, broad picture. Tonight President Trump, dipper with six senators; three republicans, three democrats. Whats the purpose of it . Is this to sort of tell republicans, hey, if i cant get you onboard, ill get them onboard, or is this a legitimate move to sort of find a bipartisan middle ground . Oh, i dont think theres any middle ground here. Democrats, with the exception of these three senators, have made it clear they dont want to pursue the kind of tax reform President Trump is hopeful of. He wants, for example, t ....
Joining us, ylan mui in washington, covering this breaking development ylan obviously, this is a big shake up at the white house. Here are the tweets that donald trump put out. He said that john f. Kelly will now be white house chief of staff. He called him a Great American and a great leader he also said he has done a spectacular job at Homeland Security and he has been a true star of my administration. Now, one interesting question in all of this will be how kelly will be able to handle what is clearly a politically potentially toxic environment for him going forward. When he worked for leon panetta, who was secretary of defense, one of the questions that he had was that he didnt want to go into an environment where there would be political infighting and political sniping. Leon panetta even telling cnn at one point that that was the last place that he would want to be b ....
Well but they are not doing much for stocks. Not seeing a big decline. One would think, a b that is because it is bringing forward when the fed might raise rates but we are not seeing bond yields rise or the u. S. Dollar. Take a look at the bloomberg map. We have Energy Shares trading higher, Consumer Staples lower. A Diverse Group of groups doing poorly today although it seems like there is a little bit of a rotation out of the defensives. Within the Consumer Staples, have kraft heinz pulling back today. It does not look like a specific catalyst that is driving them lower. In terms of the dow loggers we have cocacola and then we have been talking a lot about the home depot. They said the First Quarter would l ....
European markets following through to a certain extent largely in the green. Spain is the outlier there. Election. A little more election. 2. 18 for the tenyear yield. I hear that r word, but everybody says well hit below 2 again. If youre in other parts of the country youre talking r. Were talking recession. But we could be talking road map. Ours starts with star wars. And a rare look inside apples operations, and what ceo tim cook is calling political crap. And mark Martin Shkreli spe out after his arrest. The latest after that ongoing drama. Quite a sigh there. People may have been seeing on friday. Stocks set to open higher. Both the dow and the s p finished the last week below the 50 and 200day moving averages. Oil is a major factor. Brent crude has fallen to an 11year low. You know, when it comes to oil, jim, very simply it is a collapse in a central part of the world economy. Thats the way you have to think about it. I thin ....