Say, someone who believed that things may not bottom. And i think hes switched. He may say its not in dramatic fashion because its near the middle of his piece, not at the top. I do believe what were seeing is a gigantic amount of liquidity put in by the fed, when it looked like things might go back down that mattered a lot. A lot of companies that dont have great credit are getting money. Thats important we saw the retailers go up last week it wasnt because retail sales were good, but because their credit was so bad, maybe they get a chance to raise money. Ge raising money a lot of companies are raising money that would not be able to raise money. That is going to be a major change to keep a lot of companies out of bankruptcy and in the same way that the oil deal might Keep Companies out of bankruptcy david, you know theres so much debt being issued now. And theres some opportunities for people who want to buy debt, but holy cow, is the government wide open to buying anything on thurs
Present the case against the president , kim strassel, and columnist and manhattan senior fellow jason riley, what do you expect to happen in this trial . Well, what we are going to have is the an Opening Statement where people put forth outlines for and against and questions about votes, youll also have the house impeachment managers going first and presenting evidence that they collected if the course of this investigation trying to convince senators that it is enough to go forward with conviction and in theory that would be by the president s defense. Paul is there a possibility that youll hear from impeachment managers and if the Majority Leader Mitch Mcconnell says you know what, i think we have enough votes to acquit here right now that they could hold a vote after that those original arguments . This is something more and more republicans are thinking about. You know there, had been a thought of having emotion to dismiss up front but it was clear that a lot of republicans werent
Present the case against the president , kim strassel, and columnist and manhattan senior fellow jason riley, what do you expect to happen in this trial . Well, what we are going to have is the an Opening Statement where people put forth outlines for and against and questions about votes, youll also have the house impeachment managers going first and presenting evidence that they collected if the course of this investigation trying to convince senators that it is enough to go forward with conviction and in theory that would be by the president s defense. Paul is there a possibility that youll hear from impeachment managers and if the Majority Leader Mitch Mcconnell says you know what, i think we have enough votes to acquit here right now that they could hold a vote after that those original arguments . This is something more and more republicans are thinking about. You know there, had been a thought of having emotion to dismiss up front but it was clear that a lot of republicans werent
Present the case against the president , kim strassel, and columnist and manhattan senior fellow jason riley, what do you expect to happen in this trial . Well, what we are going to have is the an Opening Statement where people put forth outlines for and against and questions about votes, youll also have the house impeachment managers going first and presenting evidence that they collected if the course of this investigation trying to convince senators that it is enough to go forward with conviction and in theory that would be by the president s defense. Paul is there a possibility that youll hear from impeachment managers and if the Majority Leader Mitch Mcconnell says you know what, i think we have enough votes to acquit here right now that they could hold a vote after that those original arguments . This is something more and more republicans are thinking about. You know there, had been a thought of having emotion to dismiss up front but it was clear that a lot of republicans werent
Just three points higher, but that means we are at another record high. Fancy that. Lets dive deep into the action. Abigail, what are you watching . Abigail ive got bonds on my mind. We have stocks higher on the close and on the week, another weekly gain, the fifth in a row for the s p 500, the longest winning streak since early march, so clearly a riskon tone, but confirming it is the problem we are seeing on bonds. A significant back up over the last five days for the fiveyear yield, the most in more than a month, and the 10year yield, the most going back since september, and that was the biggest move up for yields for that 10year yield going all the way back to 1962. A representative from bank of America Merrill lynch reppert recommended shorting fiveyear futures. Hes been bullish and bonds, but recently, there has been a trend break. He has been supportive of the data from the ftc, net positions going back to 2004. He is making the case that in 2019, you have the positioning gettin