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Arabias oil facilities. If the outage is extended or if military action is employed, what could the further fallouta. First, welcome. This is the first time that you hosted the show. And your father is watching. So your daughter, the whole hour mike evans why did i say mike evhe have evans. Too bad we are live are you the best and what is the fallout im surprised the market didnt trade off more over the weekend im like 25, 3 almo handle easy but none of it really happened airlines down a percent and a half and so to me this is actually a very encouraging day and this is from somebody whos th has been bearish for a while. Encouraging that is regards to the market last week we had a pretty hot inflation print. And so when you think about this, when you see crude oil go up the way that it did and the dollar stay big, to me that poses some sort of issue could be a really interesting fed day wednesday. We know the administration doesnt the rates where it is. So it could be an interesting we ....
All right, welcome back. Sorry about those technical difficulties. Now. Ve recovered cant say the same about the markets, a downbeat monday for investors. Juliette thats right. We are seeing selling across the board today. We are waiting for a key speech from a female fed member. It is not janet yellen. It is one of the voting members. She is normally quite dovish. If she signals a hawkish tone upe her fed peers have come with that likelihood of a september rate hike back on the table. The moment, 30 chance of a september rate hike. 60 in december. Cba saying the u. S. Economy is not Strong Enough to withstand to rate hikes this year. That nervousness and what we saw on wall street friday playing into markets here. We had huge volatility in the u. S. Session on friday. The firsts 15 for time in 44 training sessions. A lot of volatility in asia, hang seng off by 2 , only two stocks in the black. Off toi also being sold the tune of 1 ....