Stay updated with breaking news from Team stocks. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Evacuate power lunch starts right now for everybody in Southern California, its been a tough couple of days thinking of you guys the jobs data getting a bump to the bottom line. The nasdaq the bigger winner crude oil had been up 2 before it pulled back the rig counts, by the way, are out any minute now health care related. Alexon and celgene and mylan up as well. Another hot stock today, Sage Therapeutics this is on top of yesterdays 70 gain and the ceo will join us in just a couple of moments and steve, no shortage of stuff to talk about today. No. Very excited, brian. Especially with the jobs report. Lets get to it. Its getting to be routine economists say it should slow because of the population growth, theyre right about that part but the job market keeps surprising to the upside nonfarm payrolls up against an estimate of 195,000. October, september revisions not ....
Oil still trudging below 43. Our road map begins with chinas ripple effects across the global markets. Was a secretive News Conference enough to stop the bleeding. Retail sales are rebounding. Some major Retail Stocks falling hard. More pain to come in the sector. Two stocks sinking on secondary offerings. How should investigators make those moves . Futures lower. China allowing is currency to weaken against the dollar for a Third Straight day. Cutting about i 1. 1. The Third Straight day of cuts as applies to markets. You sat here yesterday and said you like the setups and you saw what the dollar was doing. People are going to think these are okay. The dollar is back to being strong. Oil challenging 42. Those stocks were integral to the turn. Interest rates kind of ....
Floor. Heres a hint. Were going to turn it on were going to bring in the power well give you the trade. Its time to risk less and make more the action begins right now. Lets get right to of it rates have been on a tear, the yield and tenyear hitting highest levels since july, sending bond rates tumbling. Will the rise in rates continue . Its really exciting that we had this unprecedented 3 gdp growth in q3 who knows . There should be no reason why rates should not be able to rally with a 3 economy, right you guys all agree with that for a lot of purposes, i mean, i would say, and im being a little facetious one quarter of 3 annualized growth does not make 3 annualized growth. We were thinking what a quick rise in Interest Rates would be as we go into qt, as we go into a rate tightening cycle. Theres only been two rate increases this year. Were going to get a third in december the tenyear treasury yield is still below levels that i ....
Rate cut to near zero by the end of the year so keep an eye on the Quarterly Report that comes in november. The bank of england votes 90 to cut rates, no dissent on rates but dissent on qe and the Corporate Bond buying program. The bank of england cut rates to. 25 , they intend to buy Corporate Bonds as well. The majority of the mpc expect a rate cut to zero by the end of 90year, and they voted four the rate. Majority of mpc expects a rate cut to near zero by the end of the year. I do say that their Bond Buying Program could increase by 170 billion pounds as well. To sort of put a number on the Corporate Bond buying program, it is 10 billion pounds over the next 10 months. Byathan guilt 10 year down the ....