Thermometer but the correlation to equities bonds is really rich. The team leave for me on a monday morning is i see japanese yen just creeping ever so slight. It is just a bit of a weakness. Jonathan 149. 74 at the moment. We averted a shut down and we will get payrolls friday. Ultimately we will do this again. Lisa i cant wait until november when we can do it all again. What i find interesting is the threat of higher rates and the lack of economic weakness on the heels of a Government Shutdown is what is spurring the concern in markets today. All of the sudden people are taken the bond who seriously. Jonathan energy prices, rates, apparently this is the quarter when this consumer frame begins to crack. Tom is the basic theory and then you talk to optimists and there are a number of them and they say no, you saw that in september. I had a great conversation with neil by the neal dudda. He said is not about 4 growth it is tuition to issue two ish. Jonathan jane fraser at city talking a
Under anscrutiny. For example i hed today this very morning thabruary can be a cru month based on a buh of bad februies. Today dr. Stley fisher spoke at the counselhile he was s rtainly more dovish than hes been emphasizing data dependence and not the need fore hike he didnt take the rate hikes off the table buhad he done so, weid a rate hike. We should wait a consirable period until we do another because of the worldde turmoil since the last hikand then the averages would have roared gher today en ashe softer comments i wld contend did ovoke a ll that mean if today would haveeen good we wod have beenn good speorhe rt t m does tha does that mean that weld call into question as january es so the year. Atou be nice january wise and however the swer is no is is a tale told an idt. Siyi nothing. So why do many people pnt itut . First lets be hones many commentators escily those that havent done their howork. I can say something. To fl her up believe me. Ive bn in the news ss long enough to
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