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I do want to highlight a 10 year yield in the u. S. , the yield is lower by about one basis point. 60 to 70 basis points, and how much can we tolerate on higher upside when it comes to yields . The Democrat National convention will be focusing on joe bidens vision of the party. Last night focused on trumps performance in office including his handling of covid19. To everyone who supported other candidates in the primary, and to those who may have voted for donald trump in the last election, the f...

Tour takes you to amarillo, texas. The treasury secretary Steven Mnuchin testified to congress. Theielded questions about 4. 8 trillion proposal and Economic Growth and the impact of the jobs act signed into law december, 2017. [camera shutters] sen. Grassley we are pleased to have treasury secretary mnuchin, here today testifying about the president s fiscal year 20202021 budget, the president s budget includes proposals to confront a number of important issues, i want to work with the presiden...

Impeachment with Speaker Pelosis commemorative goldembossed signing pens, the solemn march as the articles are walked over to the senate, that whole charade breathlessly covered by the trumphating media, wall to wall coverage for all of that but very little for this. The china trade deal, historic event, redefining the way trade deals are negotiated and structured. That was a big plus for america. And thursday, virtually no coverage for usmca, another trade deal that helps our economy. In fact, ...

Highest level in two years trade headlines have us on record high watch for the s p, a closer call for the dow and nasdaq and would be the 27th record close of the year for the s p. Joining us for the other, stephanie link, good to have you here this afternoon. What does it mean . The computers take each headline as if its fresh what a difference a year makes is all i have to say last year we had tight fed policy, no idea what would happen with trade. This year we have much more accommodating fe...

Showing outperformance for second day running. Totally different market. That is the key thing. These results, it has a different feel than basically the entire year until now. Up until that was all tack and all defense. Energy up, industrials up, materials up. Lets dive deeper into todays action. Scarlet im think about the reversal you were just talking about. Choppy Market Action on the week especially around momentum stocks. And this is around the 50 Day Moving Average. Earlier we came close ...

Produce company the dead bodies were already piling up americans were being told on t. V. And magazines that that they had pain and that their doctor had special new pills that would help them and the produce company in the Sackler Family were celebrating though billions of dollars even if it meant they had to step over corpses on their way to the celebration dance floor so the lawyer asked sackler about an internal email so hes saying here physicians are using it because they think is weaker th...

Lower on concerns about the health of the u. S. Economy and a number of new bearish notes from new wall street firms hurts the sentiment further. Lets check in on the biggest losers in the dow, which as morgan just said, is down sharply, near session lows, which were 462 points. Its currently down 410 points, as you can see, pfizer down 4 Goldman Sachs down 2. 7 cat down healthily 2. 56. The 30year just hit a yeartodate low of 2. 117 t the. Joining us for the full hour, victoria fernandez at cro...

Kudlow the president has to walk a fine line in the way he talks about patriotism tomorrow night for it not to be political . Mr. Kudlow i dont know what that means. Hes proud of our nation. I am proud of our nation. I am proud of what the country is doing, so i dont know what you mean. Go easy on that. Liberty, and the pursuit of happiness. Democrats are welcome. It is the toxic part of our times. I am sorry about that. Speaking as an act democrat, i recommend x democrat, i xdemocrat, ie recomm...

Reduce what it does through bankruptcy. Greece has declared a national day of mourning after floods killed at least 15 people on wednesday. The flooding came after a severe overnight storm brought driving rain to the greek capital. Roads turned into money rivers muddy rivers that carried away vehicles and tossed them into piles on roadsides. More torrential rain is expected tomorrow. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im al...

We will discuss the secret to the companies continued success in asia, and its u. S. Ambitions. Uber has set the stage for one of the biggest deals ever. The service has approved softbanks offer to buy a 1 billion stake. Softbank and other firms will be allowed to invest up to 1 billion in uber, and can buy out the 9 million in shares. I caught up with cory johnson and eric newcomer. We have basically everything except the price, which is key. And who the sellers are, we dont know that for sure....