good evening and welcome ia and chelsea with a good time to be born how public health gave children a future talking with andrew solomon. before we start want to say a huge thanks to the team for making this happen and all of you for showing up we cannot host events without the community of authors and readers we are grateful for your support and to make this conversation so now just some housekeeping and the webinar tonight the speakers cannot see or hear you but you can see account of fellow attendees. a couple functions that you can find at the bottom of the window one is labor chat you can post comments and thoughts in the chat that s a great way to show your appreciation for the author have a specific question please post the and the q&a module we will pull questions only from the q&a to be answered in the later part of the program. and tonight. [chanting] book a good time to be born and to find actual shopping between noon and 7:00 p.m. not everyday of the week and yo
he boosted his ear and forecast by 24%, writing a fall in erp, adjusted risk premiums will be offset by a rise in bond yields. the combination will boost the end,o already 600 by years 3800 in 12 months time. this represents a significant increase driven by valuation. what do the technicals have to say about that? joining me now is katie stockton, founder of fairlead strategies. off of the highs now. what does that tell you about the next direction? is flirting with that resistance. the level i m watching is 3394, the intraday high from february. for a breakout to be decisive, we need to see a couple of closeouts above that level. highs onct new positive short-term momentum but also looking for momentum to falter before the end of the month. you have some overextended readings in some of , alsoternal measures sentiment. basedrcentage of stocks on their 50-day moving averages reaching levels often associated with pullbacks in the s&p 500. at the same time, sentiment reaching e
new american trade deal and everything is awesome. jumping 300 points as it looks like trade fears won t be hanging over the market any longer but wait a second. whoa, whoa. that s right. closing at lows of the day even the airlines are tumbling on higher oil prices was today s rally really not as awesome as it may have seemed, guy? s&p closes within half a percent of an all-time high. all-time high in the s&p was 2940 we re 16 handles or so away from that everything that the president said is factually true we re not up 50%, 40%. 46%. close enough. rounds. don t exaggerate. whether it be 40 or 50%. so it s up 46%. the part about people dying with their 401(k)s is a bit of hyperbole but everything is great. vix is at 12 not a lot of fear out there. you mentioned small bank etf, lowest levels we ve seen since last october russell rolling over is a bit of a concern. s&p, who is to argue the fact that the s&p goes up seemingly every day? the internals are
questions are good a lot going on all right the markets are crazy, becky what was that, 350 on friday, when it was all said and done. and strongly higher again this morning. almost 200 and also well, we ll take a quick look here s a check on the markets u.s. equity futures at this hour are, as you can see, 193 points indicated on the dow the nasdaq up another 25 the nasdaq shb dhad been diverg last week. that s a big move that we saw, continuing buying, going on, across the board in this country. and actually in asia and europe, overnight, some strong market action and some interesting news in the ten-year note as well. but as you can see, the nikkei was one more than 1% point 260 points hang seng up sharply as well check out europe, green across the board, in europe, when i watched, at least looked this morning. not the gains that we re seeing here or in asia. but we ll see what happens this week as we move forward. it s only 6:01 and treasury yields moderating on the te
anna: a very warm welcome to the program. this is our flagship europe show. let s talk about what we heard from the fed and what that has done to the dollar. the the dollar the big beneficiary from what we heard from the fed. how the changing expectations from the fed around interest rates in 2017 have pushed up the dollar index. the rate went up 2.75 percent as expected at the fed. the fed also signaling that the economy is strong and will improve and taking what some of our colleagues have called a victory lap. let s put up the risk radar and on variousere we are asset classes. we ve seen reaction aplenty to what we heard from the fed yesterday. to reiterate what we heard about the dollar, this is the bloomberg u.s. dollars stop index. what a of focusing on stronger u.s. economy does to a global economy, the preoccupation is on what a strong dollar does to some of the corporate and others in emerging markets and focusing on the negatives there. dropped to its lowest since