Second time. It was all too laid out, of course, in a fiery state of the union last night that the white house and analysts are calling a much needed win for the president. A cnn poll shows six out of ten americans who watched had a positive reaction to his speech, and even oddsmakers have now upped the odds for bidens reelection after the nationally televised speech. Joining us live now to talk about last night its impact and roadmap for the campaign. Doctor nolan higdon, professor of history and communication at cal state east bay. Doctor higdon, thanks for joining us. Hey, thanks for having me. Hey, so how would you describe the biden who showed up last night, i think, you know, the biden who showed up yesterday really, surpassed a lot of the expectations. One of the things that the Biden Campaign has been doing in recent months is theyve been reducing the amount of public appearances by biden, which i think a lot of people interpreted as biden being unable to speak publicly due to
Consumer prices tomorrow, Producer Prices out about half an hour ago. Heres what we have. In april, prices paid by businesses went up a much bigger than expected 0. 5 . That is the hottest read sense february. Over the last year, Producer Prices went up 32. 2 2. 2 , and thats the highest since april of 2023. A strongen Inflation Report today. Heres the market reaction, subdued. When those numbers first came can out, the market went straight down. Weve recovered a lot. The dow is actually up 20 points, the s p is down a mere 2, and the nasdaq down 40 points, thats it. The 10year treasury yield with, well, thats moved up above no, it just dropped back below, it was just above 4. 5 , now its 4. 49. Virtually unchanged. The 2year treasury, that also came down a hot. Actually, im sorry, it went with up a lot right before when those numbers came out, but now its moderated. Youre at 4. 86. So not its really a muted reaction to the inflation numbers. Bitcoin, 611,000 611,000 and change. Oil, r