Protests and the fallout from joer george floi, but the market and stocks are focused on Economic Activity, period we just keep getting good news its good news off very lowered expectations whether it be cheesecake getting a lot more people than they thought or the airlines this morning. American saying good things. Whether it be ebay pronouncing right now things are better than expected whether you talk a look at a lot of the companies that, you know, morgan stanley, gm, of course this quarter was the weakest, but maybe next quarter will be the strongest. We have a number of Oil Recommendations saying they have come all the way back. So the street is really bullish. After being very bearish you see a lot of price targets that were cut severely are now going back up. Its a kind of dont fight the trend where the most overbought we have been since 2009, but if you go back to 2009, we were up 11 on the s p. We had great period after. People are fighting the tape if theyre selling. How abo
You right there, the baker, baker baker or chef, yes, phillis. Everybody else, have a seat. Come on over here, miss phillis. How are you, miss phillis . Oh, im doing fine, wayne. Its so nice to meet you. Wayne its nice to meet you, too, welcome to the show. Oh, thank you, thank you, its so good to be here. Wayne now, what do you do and wherere from you . I am retired, wayne. Wayne amen, give her a round of applause just for that that means you made it, you crossed the finish line. I know, i know. Wayne so, how many years were you in your other occupation . I was in there 29 years. Im a retired Public Affairs officer for the navy. Wayne give her a round of applause again. Thank you for your service. Yes. Wayne so now you just go to game shows and have fun. I am. I am, i am. Im so excited. Wayne well, do you like card games . Yes, i do. Wayne well, good, because we have a little card game right here called three card tiffany. Hey, jonathan mangum. Jonathan hey, wayne. Wayne this is miss
The reason i wanted to look at that index ahead of the Fourth Quarter volatility last year, months in advance, the skew index had been elevated sharply while the vix was basically sleeping. A big tell on the volatility we sought to the downside. Then the Fourth Quarter happened, stocks fell, the vix spiked higher. This year we see volatility indexes basically stuck in a range as the s p 500 is at or near its alltime high. We have the skew index back on the rise. The reason i point this out, it was rising well in advance of the asked years volatility. Something to keep an ion, especially when we have basically been in a period of strong complacency. Sarah i have been watching the all telling yield curve. When you look at the spread we are seeing a flattening today for the 6th straight day. That is the longest streak of flattening since all the way back in august of 2018. Not even those most this most recent august. If you look at the spread right now, roughly 15. 5 basis points. Still h
Stunner. A landslide electoral victory for the Pro Democracy Movement has asian markets soaring as a smashing success elon musk taking a victory lap as preorders for teslas cyber truck come rolling in. Worldwide exchange begins right now. Good morning and welcome to the show im dominic chu in for Brian Sullivan its monday, november 25th, 2019 your deal of the day lvmh buying tiffany for 135 per share in cash after weeks of speculation, much more on that deal coming up but as you can see here, both stocks reacting well stock futures incaindicating the dow will open up by 80 some points this after handing in its first worst Weekly Performance since around early october, but again the dow jones had opened up by 88 points. The s p by about 10 and the nasdaq by 32 if these gains hold into the opening bell for regular cash equities trading. With regard to the bond market, look at that as well we are seeing a bit of movement there to the upside for yields the ten year note yield 1. 75 note yi
Trickling out here. We are up by about 1 . Some of the headlines is they aboutstimates coming in . 94. They are going to add two new directors and the ceo will stay through at least 2020. They do plan that revenue was down. It was a tiny bit light versus estimate. They are adding two new directors. The integration is front and center there. The time is now for the global exchange. From london to buenos aires to washington, our voices are on the ground. Lets start in london. The eu agrees to grant a brexit delay until january 31. Lacqua is in westminster. Now what . Francine what we know is Boris Johnson once an election. He wants an election on december 12. Because of the Extension Granted it takes no deal off the table. Whether Boris Johnson gets an election is an unknown. He has various options. He cant just call an election. Either two thirds of parliament is behind the vote. That is unlikely. Thereses a bill that says will be an election december 9. We do have the opposition party,