Welcome back to Worldwide Exchange. On cnbc im sara eisen. And im wilfred frost. Very good morning from me as well. Lets check in on the Global Markets this morning because we are seeing the selling continue after a rough week on wall street at least for the bulls. The s p did close lower by 1. 3 . Dow futures down 1200 points. Nasdaq futures down 31. Youve got the whole riskoff trade. The dollar is selling off. Treasuries are in demand. So is gold right now. As for the tenyear treasury note yield, lower yields across the board. This feeling that the Health Care Bill failed. And what does it mean for the rest of the stimulus and growthfriendly trump agenda like tax reform and infrastructure . Well talk more about it. But its some concern across global wall street. That 240 level. Absolutely. Some expect to see a move today. Given that friday afternoon kind of a muted reaction to that failure of the Health Care Bill. Didnt really do well, the markets, week as a whole, as you said, were
Before . Well, there is some catalyst pushing us around, and the catalyst and we have talked about it time and time again, over the last month or two, and the correlation with oil, and 37 to 42 is the new range that we are sitting in with oil. If oil breaks through, judge, that is because the primary catalyst in my opinion that has been moving the markets, and that is where we areal following the very closest, because you can talk about the dow or talk about the 10year or the chinaer to fed i was going to talk about the dollar. Make the can case that the dollar is the most important thing. Well, it is important, but you can almost right now close your eyes on the weekly basis and not every single day, but on the weekly basis, close your eyes and see where oil is, and you know where the market is. And rob, is this the time, maybe it is, sentiment is different than what it was in the beginning part of the year. China is maybe beter thab it was in the beginning part of the year, and oil i
Caller thanks for taking my call. Thats going to be thats something fouled that one that was just on there. The filibuster change theyre talking about is just for president ial appointments. The advise and consent that bob spoke about, both sides play politics with that, and the politics of which president is that the republicans are not going to give him anything because he is a black man. We have to deal with race in this country. And its deepseated and i dont understand whoa he cant have his people, by a simple majority, let the republicans have their guys by a simple majority, take it out of the politics, and harry reid knows the constitution. It says in there, the president should have his people by a majority vote. Host sharon, home state of mitchell mcconnell, kentucky. Youre take on all of this. Caller good evening. Thank you for taking the call. I was raised a democrat in this wonderful state, basically youre putty much told that as a child, you need to be a democrat. I recent
After stints heading local-language production at Disney APAC and HBO Asia, Hong Kong-based Jessica Kam-Engle is now heading CreAsia Studio, a new Banijay Asia venture in Southeast Asia, in the role of EVP & Business Head. Sitting down with Deadline in Hong Kong in the run-up to Filmart, Kam-Engle told us more about the new …