Barrel. Jon it is interesting to see the mood move in crude. You see cautiousness in stocks, even energy, because of the new Economic Data in the u. S. Digesting it stays higher for longer. The story suggesting candace staying higher as well because we saw canadas central Bank Hold Rates Steady at 5 . This decision was expected but is only the third time in 13 meetings that the bank has hit the pause button. Partly because we saw the economy contract in the second quarter. The bank of canada was not expecting that would spoke of excess demand in the economy starting to ease. In some messaging, there is a hawkish tilt given the inflation fight is not over. I want to bring in clear from the rbc Economics Team to get some reaction. Great to have you with us. What did you make of the fact that on the one hand, they stay steady on the race but do send a hawkish message to the market. Does that surprise you . Claire not really. I start with the decision itself with the bank of canada decidin
Been looking at to see where the deals are. She is really looking at them and she will be with us today. That and more on a very busy hour of power lunch. First lets check in with sue at the nyse. We start with a scary sign at least for some. Trim tabs reporting inflows into Exchange Traded funds hit levels not seen since november of 2007. Stocks dropped like a rock from that date losing almost half of the value before bottoming out in march of 2009. Lets bring in bob pisani on that note. Those are interesting statistics. You could argue that is a bullish case and people are putting more money to work in etfs or look at the volatility in the market and say perhaps it is topping out in bearish side. November was a really big month. The s p was up 2. 5 . When you get months like that it happens. Secondly, we are seeing huge inflows of the u. S. Equities. The whole world wants to get into the united states. Europe is weaker, china is weaker. Money is flowing here naturally. The etf busine
Sreenivasan next on pbs newshour weekend. Pbs newshour weekend is made possible by Corporate Funding is provided by mutual of america designing customized individual and Group Retirement products. Thats why we are your retirement company. Additional support is provided by and by the corporation for public broadcasting and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios in Lincoln Center in new york Hari Sreenivasan. Sreenivasan good evening. Thanks for joining us. An International Terror group linked to al qaeda is warning of attacks on shopping malls in the United States, the United Kingdom and canada, including the mall of america. The warning was conveyed in a video released online by al shabaab yesterday. This morning on cnn, Homeland Security secretary jeh johnson urged vigilance, saying terror groups no longer need to rely on people trained overseas to come into the United States to launch an attack. Were in a new phase in that t
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