Bonds selling off, too, with a yield on the tenyear topping 1. 5 , first time in a couple weeks. Has us wondering whether the early signs of 0 great rotation of under way. Kevin oleary, is that the case . No, i dont think its the case. Why ill hold back, i want to see the rests of the earnings season. I think what will happen, best case, flat on earnings, because usually analysts sandbag 3 . Going in being down 5. 6 year over year. I think well come out flat. Im concerned about forward, because youve got two camps. People saying its going to be great. The next three quarters spectacular. Waiting to hear from the companies themselves to see what theyre saying. They now have big headwinds on currency again. If soft on numbers, this correction will, or this optimism will be short lived. Wow. I was expecting you to be more optimistic. Stephanie link, is kevin oleary right on the market . Yeah, i think so, to some degree, but i also think you can play some cyclicals. I have kind of a 75 cyc
European equities on that historic day for the uk. We were just talking about this, the ftse 100 almost 6700. This index has recaptured its prebrexit highs and then some. The german dax still lagging. Italys might s mib is lower. Spains i bex is higher. There has been so much action lately. The euro hanging in there about 1. 10. The yen has been weakening again of course after the elections and bernankes trip and whether or not theres going to be helicopter money. Finally a check on crude oil. Yesterday the rally did the traders on the floor contribute to the rally we saw in stocks broadly. Energy one of the best performers. Today its moving the other way. Wti and brent lower. Which is by the way the best performer of the year. Up nearly 1 again at 2. 75. Todays economic agenda. Followed by the monthly federal budget and beige book. Kaplan and harker are speaking today as well. Young brands report earnings. Two prominent members of the fed making comments. Neel kashkari saying it isnt
Wrapping up talks with house and Senate Republican leadership. Lot of talk about that here. But trump and House Speaker paul ryan describing the meeting as, quote, a positive step toward unification. Okay, you can read not yet at unification, not all the trump news is coming out of d. C. Plenty of trump pepper at the salt conference. Thats the skybridge alternative conference in vegas. Former House Speaker john boehner departing from the current speaker and throwing full support to donald trump saying anyone who thinks donald trump cant win, quote, just watch. This is the trump Fundraising Team uses this very conference to strategize and raise hundreds of millions of dollars for the president ial race. One of the houses most conservative congressman reacts to trumps day on capitol hill. Congressman Nick Mulvaney here live along with ed rollins and Julie Roginsky, on all the a no republican side but wait until you hear what bernie is saying about hillary. Were not talking all politics a
Chuang was in the courtroom. Reporter there was a moment of misunderstanding so there was a delay of what was supposed to happen today. A very simple procedure but i want to mention that Lopez Sanchezs Attorney Says his client has a secondgrade level education, making it difficult to make him understand what the attorney described as a complicated case. If you take a look at the video from court this morning, Lopez Sanchez, who has been behind bars since last july, came in the courtroom with his handcuffed in his orange jump suit and head shaved. Smiled when he saw his attorney. The prosecutor filed for a very simple amendment, for instance, to include the weapon as a semiautomatic. The judge asked sanchez if he understood that he was waiving his right to a speedy trial. He shook his head multiple times despite the public defender explaining this is what they thought was best for him. The point is, Lopez Sanchez shouldnt be facing life in prison and has become a bit of a pawn in a bigg
Who treated prince in the days before he died. His onetime Medical Center saying he is no longer an employee. As Police Return to paisley park in search of more clues. And the rock. Surrounded by sharkinfested waters, alcatraz was once an island prison thought to be escape proof. One man has managed his way out, and hes on the loose today. Wednesday, may 11th, 2016. Announcer from nbc news, this is today with matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. Good morning, everyone. Welcome to today on a wednesday morning. Al roker continues this tour of our National Parks. Exactly. Hes been to wte sands, now were sending him to prison. Hes in front of alcatraz this morning. Hey, al. Hey, guys. Thats right, one of the most feared prisons in the world, from 1934 to 1963. Alcatraz federal penitentiary. Ten years later, 1973, becomes a National Park. Now, its just unbelievable to see how popular it is. Well have a complete tour coming up a little later. Guys . Al,