Was made in washington and there are limitations this morning. I am having trouble extrapolating this. We have great guests to do this in surveillance. I have a quote from john dean, from another time and place. Guy lets talk about these markets, figure out what is going on because we are starting to see a little bit of a sense of concerns in assets. Tom this is macrons chart, with the vix still under 10. 92. And there is the euroyen. Is the riskrally, on trade still there . Guy i want to start with the two year, which we are starting to see move. We are at 133 this morning. Are we starting to talk seriously about two hikes from the fed . U. S. Futures on the s p, starting to flip a little bit. The bloomberg pound Index Trading at highs. Tom i just heard matt miller and berlin talk about the lack of reaction. I did this chart for stephanie, just for stephanie. Here is the inflationadjusted dow, back to world war ii, back to 1947. The red circle on the left is the massacre of another ti
Keene in london. Tom not the chaos of yesterday. Still overnight the news flows. Historic. Stephanie baker will join us. Weve got a lot of good, thoughtful op eds, including one by Mike Bloomberg that will give some color to the emotion going on in the states. Markets are quite. Quiet. Governor carney has very stable markets. Guy he does. There are rumors doing the rounds that maybe we have got not one but two people voting for a rate hike. Tom dissenters. Guy well talk about that. Lets look at the volatility numbers. This is what were looking at. 79, alook at brent, 50. Lift in oil. Euro, little bit weaker dollar strength. Guy weve got some numbers coming out from the e. U. Inflation forecast. 2018, the headline rate. The ecbs target is at or near 2 . Its raising is 2017 euro area gdp forecast saying risks are more balance. Mirroring what we are getting from mariota draghi. He was riled in the netherlands. Next meetingin the to get to a much more neutral set of language. Tom certainly
A survey of the global alternatives to the current economic system makes for an enlightening, inspiring read, but you’re left wondering why such initiatives have failed to take hold