Followed. It will amount to a declaration of complication war and it will warn a response with economic means, political means and, if necessary, other means. Our american friends should understanding that now, that threat follows this weeks announced u. S. Sanctions on moscow for its use of a nerve agent to target a former russian spy on british soil. Those sanctions, by the way, which could ratchet up even more in 90 days just the latest blow to the russian economy and, in particular, its currency. I dont have to tell you this, you know. This but for the folks at home who are unaware, the president s Dollar Diplomacy sent the ruble plummeting. Their currency is down 7 for the week. Its worst week in over three years. It is absolutely cratering. As for the state department. Here is what Heather Nauert had to say. She said Secretary Pompeo spoke with russian counter part sergey lavrov. Secretary pompeo reiterated the u. S. Seeks an improved
the 10year Treasury Yield settled lowest leve
the 10-year treasury yield settled lowest level since mid july. with those levels the yield curve is narrowing. that means banks make less money when they lend. not surprisingly bank stocks were one of the groups that weighed in in on stocks. in u.k. and europe, stocks down across the board. european banking stocks down on concerns about lender s exposure to debts in turkey the turkish lehr are a hit a record low vest success the u.s. dollar. president trump authorized a doubling metals tariff on turkey quoting the president s tweet tariffs on loom aluminu our relations with turkey are not good at this time. there is an added diplomatic layer to the tension that turkish delegates returned from d.c. with no apparent progress on releasing an american pastor who was detained in turkey in 2016. turkish authorities accuse pastor brunson of supporting a failed coup attempt