Finally a look at european equities at this moment. Green pretty much across the board except for the ftse 100. Joseph, nice to see you back. About to be here. Couldnt be you know, it if you could do that, monday, tuesday, thursday friday. You like that schedule . A little recess . Yeah. Hump day . Slept until 7 00. Wow. 7 00 a. M. Was up until 9 30 the night before. Whoa. Living dangerously. Threw caution to the wind. Didnt think about going up until 9 00. They say nothing good happens after 8 00 p. M. Theres a song on alt nation, nothing good happens past 2 00 a. M. Little different. Bare hands. You dont know that one . No. You millennials dont listen to the new music. I thought nothing good happens until 2 00 a. M. I know you. I know you. I know you, my man. Any way thats when he gets up to start prepping for squawk box. Thank you. Thank you. Column, tv show, deal book. Davos man. Broader markets. Treasury yields, 2. 6. When is the last time we were at 2. 6 . Two years ago. Did we g
Thats why youre here. Cant find anyone. We have one guy left. Simeon. Is he bullish . He will be on. Already talked to him. One of the things hes saying is even if if there is a stumble in some of this stuff, market already deserves to be here, which is what i think. I think so, too. In terms of tax policy or that stuff is a bonus. Just not having the private sector vilified on a daily basis, not adding a new regulation, layering on a new regulation every day. When you take that off, its going to come back to a more normal level. Im with you. I think i know you are. The multiples are getting a little stretched, but Interest Rates, you know, stock prices are a function of earnings and Interest Rates. Interest rates are historically low still at 2. 5 roughly. Youre the one who coined t. I. N. A. I have. There is no alternative. And we have other things to talk about which in particular with the Trump Administration, were not talking about financial repression, monetary policy, were also
And he takes it off and gets looks down and dirty. Working hard. And giving people information, tradeable stuff. What you come here and suddenly im being respectful towards you. I enjoy you feel comfortable enough to say take the jacket off. And i said why are you not respectful to waner and he said because im not. Standing up for him. And hes probably watching right now. I bet he is. You know what he loves to do . Tweet about officiating. He loves that. He also loves that duke is knocked out of the tournament. He hates dock. He just doesnt like duke. He does. I had North Carolina. I got 10 out of 16. And i still have North Carolina. I didnt think i was going to have North Carolina. They almost blew that game. Hows yours . Not too good. Not too good for msg. Thats not what they wanted. Youve got wisconsin florida in one game and baylor in the other game. South carolina, i dont think thats what msg wanted. Theyll be okay. Ucla kentucky, thats going to be a good game. Xavier, you see the
Im wilfred frost. Im seema mody in for sara eisen today. I was thinking you do the introduce, wilfred. Sorry. I left it up to you, its great to have you with us. Good morning to you. Lets get straight to the market picture this morning. It comes off a day yesterday where we were pretty sharply down at the open. We were down about 0. 2 midday, but ended down only about 0. 2 for the dow. The nasdaq was slightly positive. Banks certainly had led the markets. They also led the rebound somewhat. Either way by the sector performance, telcos were the worst. Healthcare the best. That performance you can see in the bank index. At one point we saw significant decliners there. A couple percent for certain banks leading the index down, the market down, but they did recover by the end of the day. Yield curve had a huge impact on this. We did see a low on the tenyear note at one point yesterday of 2. 34 . Back close to 2. 38 , back near that 2. 4 level. That, of course, has had such an impact on wha
In asia, the nikkei closed up by 1 . Shanghai was down about 0. 4 . Hang seng was up by 0. 6 . In europe, some of the early trading right now, it looks like the dax is up by 0. 6 . The cac and the ftse are flat. If youve been watching the tenyear note. We fell below 2. 4 on the tenyear yield. This morning that yield is at 2. 38 4 off the lows of yesterday. If you look at crude oil prices, crude down 11 for the month. Its up 42 cents today, sitting just above 48 at 48. 16. President trump will be taking aim at former president Barack Obamas Climate Change policy by signing an executive order on Energy Independence today. The order will seek to curb the federal governments enforcement of climate regulations and focus on protecting american drives. The move expected to get legal and political pushback. The monthly s p 500 caseshiller home price index comes out at 9 00 a. M. At 10 00, march Consumer Confidence. Several fed officials speaking today, including janet yellen on Work Force Deve