The end of may if thats the biggest youre going to get, hey, well take it big moves in bunds yields on the tenyear note falling below 10 . There you see it at 1. 99, if my eyes serve me. And gold marching higher prices up 10 so far this month. Sixyear highs on gold more on the gold trade ahead kelly. Tyler, thanks lets get to the comments from fed chair powell he was speaking in the past hour about the economy and fed policy hes still speaking right now because its still the council of Foreign Relations part of the q a. This is, again, Federal Reserve chair jay powell saying the Federal Reserve will act as necessary, as needed to sustain the economic expansion he says that uncertainty over trade and Global Growth have increased. But hes grappling over whether these uncertainties will actually continue. Still, though, jay powell, the fed chair, saying the economy has performed reasonably well this year, and that the baseline outlook for the fed remains favorable, and that policy should
to teach you how to learn from both my wins and my mistakes so you can replicate the wins at home but avoid the losses. these are all taken from real life investments made with my charitable trust, where we document every trade in realtime so we know what went through the minds of both jack moore, our research director, and myself contemporaneously as we tell you what we would do before we pull any trigger. so often we re restricted because if i mention one of the portfolio stocks on air on season, the trust is frozen, and the trust can t take action. but we can tell you what the trust would have done. sadly, because of the restrictions the trust really can t do as well as you might be able to do the bulletins from actionalertsplus.com. but these lessons we ll learn tonight, they encompass all the moves we could have made and did make. i ll spare you the gritty details of the actual bulletins but i wanted to fill you in on the misjudgments that lead to losses and the correct
both my wins and my mistakes so you can replicate the wins at home but avoid the losses. these are all taken from real life investments made with my charitable trust, where we document every trade in realtime so we know what went through the minds of both jack moore, our research director, and myself contemporaneously as we tell you what we would do before we pull any trigger. because if i mention one of the portfolio stocks on air on season, the trust is frozen, and the trust can t take action. but we can tell you what the trust would have done. sadly, because of the restrictions the trust really can t do as well as you might be able to do the bulletins from actionalertsplus.com. but these lessons we ll learn tonight, they encompass all the moves we could have made and did make. i ll spare you the gritty details of the actual bulletins although we write them, i think, the misjudgments that lead to losses and the correct thinking that leads to gains. first let me describe the
the futures are weaker. dow futures down 22%. snas dak down by 4.5. as joe mentioned, oil prices under some pressure as well. you can see they re down another 3%. wti, january contract, sitting at $40.62. the crude december contract expired on friday. the january contract had been trading higher, but as you can see, it s coming right back down to where the december numbers were. here are some of the other big market stories we re watching as joe was talking about. pfizer set to buy allergan for 150 billion. that s what it is even though the networks report that it will be structured so that allergan will buy pfizer. we ll talk about that. an announcement is expected later this morning. this is an inversion deal with pfizer planning to redomicile. that s a fancy way to say they ll move their headquarters to ireland. ian reed will become the ceo of the combined company. we ll talk a lot more about this deal with an analyst. likely to be politically controversial. in other n
ten year right around 1.9. china trade was amiss and uk inflation at a 14 year low. stocks pointing higher as earnings begin to roll out. different story for oil fall to go merely a six year low as opec says it will not change its drought put strategy. and speaking of earning, alcoa did top expectations. what the ceo has to say about their fourth quarter results. plus why credit suisse thinks iphone sales could drift stock to 130. but stocks look to end a two session losing streak. oil back down below $45. oil minister defending opec s decision into the tonot to reduce output. brent around 45 as well. it was said it s not about whether the price hike will come, it s about more the timing. all i can tell you is that other countries and other continents are starting to react positively. getting better feel from china. europe we re hearing better things because of the oil tee decline. india we re starting to get a good read. the calvary is beginning to come from this low o