I do not know what governor kuroda can do. Watch. re on the parity the much stronger yen goes over into everything else, including lower german you. Francine i had a call this morning by 103. Lets see if we have 100. In syria, fighters backed by the u. S. And russia have an on opposing sides. There are now zeroing in on the islamic state. Theyre trying to cut the supply routes between iraq and syria. British forces supported by the u. S. Are moving closer to the selfproclaimed capital of rock. Kurdish forces supported by the u. S. Are moving closer to the selfproclaimed capital of rocca. Is coming in two months before the u. K. Vote and germany, a turnaround from last year when mainstream politicians wanted to kick grease out of the euro. Now they expect to reach a deal to unlock more bailout money. The demands that they take part in the aid program. Were hearing from the founder of the Panamanian Law Firm at the center of the tax controversy. Did nothingfirm wrong and he will make a f
To promote ms. Rice to secretary of state should Hillary Clinton resign. If senator mccain and others want to go after somebody, they should go after me. And im happy to have that discussion with them. But for them to go after the un ambassador, who had nothing to do with agabenghazi and was mak a presentation based on intelligence that she had received and to go after her reputation is outrageous. Senator mccain heard that remark and took to the floor of the sen sat to respond. Mr. President , four brave americans died. It has now been eight weeks and the American People have received nothing but contradick tri statements from all levels of our government. This administration has either been guilty of incompetence or engaged in a cover up neither of which is acceptable to the American People. There are still serious Unanswered Questions about the timeline of events. Remarks in the days and weeks that followed. Specifically, why didnt the president call it an act of terrorism the presi
Wall street journal but joined me for an exclusive interview. I talked to the head of the antideaf mags league, abeprosmham this morning. Following up on a letter i sent over the weekend apologizing for the use of the word crystal knox. It was a terrible word to have chosen. I, like many, have tried to nderstand the 20th century and the incomprehensible evil of the holocaust. It cant be explained even to try to explain it is questionable. Its wrong. Its evil. Now, i used the word because during the occupy of San Francisco by the occupy wall reet crowd, they broke the windows in the wells fargo bank, they marched up to our automobile strip on van ness avenue and broke all the windows in all the luxury car dealerships. And i saw thats, irmed that the police just stood by frozen. And i thought, well, this is how crystal knox began. So that word was in my mind. I did, i dont necessarily need to read from this letter but if youre interested i can. Sure. Go ahead. Well, i deeply apologize th
Injected cash for the first time in over three weeks. Japans nikkei his six or higher, climbing about 16,000 for the First Time Since 2007. In Economic Data in the u. S. , at 7 a. M. , mortgage up, durable goods and new home sales. We will get the Richmond Fed Manufacturing index at 10 as well. What is on the schedule . The new york stock ehange closes at 1 p. M. For the Christmas Eve holiday city can make it to the 2 30 at the 21 Salvation Army lunch. Crack for those of you rushing to trade this morning, you will be opening higher. S p futures up by a point. Oh, look at this 10 year yields. Two point 94 . It is optimism on the economy. People tell you is good news but it is a little reminiscent of the problems weve seen in the past. We will see what it does to mortgage rates. Volatility continues for currencies, this time it is the dollar on top. We saw yesterday complete reversal of the dollar trading higher against the yen, pound and euro. Gasoline and oil prices. Oil is up again to
But. Initial jobless claims. 9 45, consumer comfort. A lot of home stuff. Here is one for scarlet do you let your voice shop at Abercrombie Fitch . They are too young for that. But now they can go in because the music has been turned down. You have to wear a shirt now . Thesgate they did hunger games franchise. Lets do a data check. Bonds, front and center. The 10 year yield is a recurring theme. Meeting is june 5. Vix, better than good. 11. 68, showing complacency out there. 30 year bond yield is john dropping. But do you do if you are running a longterm portfolio . Gold continues south. From the bloomberg terminal, a lot of lines. Yield, back german 20 years. Here is the trend. The red line is the trend. These are the standard deviations. This is logarithmic june. Here is draghi. We came back, this is the new rollover. Fivetwo, three, four, standard deviations off a longterm trend. This is game changing. When you are five standard deviations away, that is like 99. 9 of the time you s