Markets and across asset analysis, i think a little history is in order. You need to go back to 1933, just before i entered wall street. You need to go back to 1933 to see the 53 day lift that we just saw. Jonathan tom keene in cash since the 1930s, an unbelievable position hes held throughout the last century or so. [laughter] you have not participated in this rally for a long time, tom keene. Jonathan this is tom this is really important. A great strategist at ubs was , and thato hours ago was the distinction he made. This has been a surge without a lot of volatility and without a lot of volume. Volume is missing, and that is something to talk to our esteemed guest about in a moment. Jonathan just a sense of exuberance in the last couple of days. Later this morning, theres a little bit of data we need to look out for. Lisa at 10 00 a. M. , we are getting job openings data from the u. S. Just looking for a sense of how quickly that is coming back online. Also really important, the Sen
Of apple power lunch starts right now welcome to power lunch. The green bouncing back. The major averages on track to end the week down about a percentage point check out shares of apple jumps on that production report. The stock is up more than 3 climbing back for the all time high of 232. 35 which it exactly one year ago today well have much more on apple a little later on. Expectations for a rate cut or two this year are on the rise this week. Federal reserve chair Jerome Powell spoke at a fed listen event. Lets get to steve who joins us from boston with the headlines kelly, the fed chairman speaking right now at one of those events with the fed taking up public commentary he is noting that the Unemployment Rate is near a half a century low which is what i would have said if the chairman hadnt said it he said inflation is running below the 2 objective its caused the economy in a good place which is the praise a lot of fed folks have used it does face some risk including low growth a
Heading towards louisiana. Not pictures we want to see. David and it can really affect oil prices. A lot of facilities are closing, offshore platforms, and it oath course will reflect refineries. Alix we see people taking taking boatspeople down streets. Meanwhile, we have near record highs on u. S. Equities, trying to push higher to get back to those highs for the nasdaq. Euro gaining just a touch versus the dollar. 30 year yields unchanged after yesterdays really violent session, a real increase after a bad option. Crude prices climbing a bit on the storm and geopolitical tension. David it is time now for the mooring brief. Eastern,his morning ford and volkswagen will announce details on their big on electric and on most vehicles. On00 we get u. S. Ppi Autonomous Vehicles. At 11 00 we get u. S. Ppi data. Angela merkel joins Emmanuel Macron in paris. And we get important economic from china, including gdp growth. Now we are joined by rachel evans, who heads bloombergs etf coverage, an
Weather for next week. No major hot spots. Bay bridge wb 80 is less then 30 min from the maze to sf. No major hot spots. Bay bridge wb 80 is less then 30 min from the maze to sf. james breaking news. Today show anchor matt lauer has been fired from nbc after complaints of inappropriate sexual behavior. darya nbc released a statement saying they received the complaint on monday and they have reason to believe there were more incidents. They have not released any specifics about the complaint. Nbc anchor Savannah Guthrie reacted to the news live on air earlier this morning. Matt lauer being fired. james lauer had been the anchor of the today show for more than two decades. Just last week, cbs news fired one of its own morning anchors, charlie rose, after a report in the Washington Post chronicled years of sexual misconduct. darya breaking news from overnight. San jose police make an arrest in connection with the shooting an elementary school. james we first broke this story yesterday mor
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