On high alert. Nasty storms from kansas to new york. This tornado touching down in missouri and flash floods in pennsylvania overnight, emergency rescues, animals struggling to escape Rushing Waters now more flooding and hail on the way. Taylor swifts ex calling her out publicly after she reveals she wrote part of his song. Calvin harris says shes trying to bury him. Will she be able to shake it off . And good morning, america. What a night at the espys last night. Always so much fun. Always a huge spectacle. Last night something unexpected. Something very powerful. Yeah, it was a powerful moment indeed. The nba stars taking the stage in the wake of that deadly gun violence and racial tension. Were going to have much more on what they had to say later on. That is coming up. First breaking news, speakers for the Republican National Convention Just released as Donald Trumps veepsstakes draws to a close after one more round of auditions, he is set to make a decision today and appear with
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Markets in taiwan, hong kong, and south korea are closed today for a midautumn festival which is really a Harvest Festival which is really related to the full moon which you may have seen on your way in. Walked in. Just driving. I saw it as i was driving. But its still summer until september 20 something. It is but its still harvest. I got it. Lets take a look at the European Equity markets. Youll see in the early trading there, many of these markets are a little weaker. The dax is down by 0. 4 and so is the cac in france. Ftse is flat but you can see in italy the decline is 1. 5 . Crude is down after traders cited the reduction of oil exports from libyas main ports and they talked about delivery to a new pipeline in nigeria. You can see wti haas had a difficult week. Its down to 43. 32. We have august prices out. Headlining, cpi expected to jump slightly by 1. 4 while the core rate is seen rising. Then coming up at 10 00 a. M. We get the first read on september consumer sentiment. Tod
This kind of feels like the mentality that has been behind a lot of the ball moves in the market in the last year or so. Thats bull moves. Economic numbers this morning were not great by any means, but also not terrible. Lets you are convinced things will get worse from here, perhaps you want to be a buyer. The dow jones also up 1 . It is up 100 basis points almost. 1 . Aq and s p 500 above you are also looking at moves and a few of these sectors now participating that one of them is the Health Care Group has done pretty well. You also look at infotech which has done great today. That is being helped by apple, some of the big tech names. If you look at what is happening with casinos come a pretty big move. Wynn resorts in the positive. That is helping that sector. Wynn is doing pretty well, up 14 since the start of the week. This has been a referendum on where they started last quarter. The Casino Companies in the u. S. Do have operations outside of china. Wellhave been doing compared
Of the conduct of Monetary Policy and i recognize myself for three minutes. We heard president obama taken economic victory lap but the people are having none of it they are tired of hearing from the out of touch ruling class in washington how good things are when theyre reality is vastly different not listed in the fact or president ial appointee a hope itll follow suit with quantitative easing of the zero interestrate policies working families paychecks have declined. One added six is on food stamps and there hasnt been a single year but one published report that there is no parallel for this since world war ii or the beginning of the republic. So with the lgbt growth for struggling working families. And to condemn the fed decision 25 basis points to make it appropriate to revise the fomc but given that article one of the constitution gives congress the power to coin money and regulate the value. That this set the fed to adopt a policy that is transparent to end a sustainable this is