And youve got women posting shows. Doing his and hers things. And in all sports, you know . Basketball, football, baseball. You name it. So because something is new or something doesnt fit my mold, it doesnt make it bad. I think cam, his energy has actually been good for the game. I probably wouldnt do some of the things that he does but as i said earlier, i know mylane. Cam knows his lane. His lane is my lane, my lane isnt his. His lane isnt warren moons lane or Doug Williams lane but the fact is, his coaches are comfortable with him, his teammates arecomfortable with him and at the end of the day , thats all that matters. Host it looks like were out of time and this has been a great conversation. Dig deep, seven truths to finding the strength within. I enjoyed reading it and i enjoyed talking to you before i hope people will go by and gain some wisdom for my experiences. Host . Cspan, created by americas Cable Television companies is brought you as a Public Service by your cable or s
Welcome to power lunch. Weve got the s p and the nasdaq just above the flat line here in the green. The dow is down by. 1 of a percent. Brent crude back above 50 bucks a barrel. Wti crude up close to 11 over the past week. Both are in bull market territory right now. Take a look at oil stock, a fresh 2016 high. Heres what else is happening at this hour. Twitter suspending 235,000 terrorlinked accounts since february. Twitter says daily suspensions are up 80 since last year. Shares are down over 4 right now. Walmart beating expectations last quarter, thanks in part to groceries. Walmart shares also higher at this hour. Team usa continues to lead the medal count to the rio games. 94 in total. And 31 of those gold. Welcome, everybody. Theres a lot to get to today. We begin with the big breaking news on americas jails. The Justice Department planning to stop using private prisons. That is sending stocks lower, down more than 40 . Scott cohn joining us now by phone. Scott, what do you make
What kuroda is going to do and how that affects the global bond market. We will debate the future of the feds Monetary Policy with former minneapolis fed president gary stern. First, jon will bring us uptodate on the markets. To the bloomberg, gear up for the session on wall street. In equities, no real drama. We are down about one third of 1 . The dax off by. 4 . The real shakeout is having fixed income. Lets move things over to that asset class. The long end of the jgb curve, yields up by eight basis on the 30year. Endntially it is a long selling off quicker than the front end. The idea as they the idea is that you place in more inflation, more stimulus may be, but more specifically, the central bank and the bank of japan may shift things toward the front end and allow the long end to selloff a little bit. In the fx market, the move is as follows. The dollar is stronger. Up about. 1 . Dollaryen has been absolutely whipsawed by what is happening. If you thought the fed and the specula
Just when it looked like things could get a lot worse, they didnt. The buyers came out of hiding. By the closing bell the Dow Jones Industrial average was off only 177 points to 16,027. The nasdaq fell 79. The s p 500 dropped 26. What should investor make of the late day buying . Bob helps breaks things down from the New York Stock Exchange. Reporter it was another ugly day but didnt end as bad. A will the of problems started in europe with bank stocks down 9 . Its off 35 this year. Theres concern about declining revenu revenues. Our banks are in much better shape. That didnt stop the big u. S. Banks from hitting 52. Stocks did turn around mid day led by a rally in energy. Conoco and exxon ended the day in positive territory. The s p 500 is only about 14 off its high. Transports, banks, energy, material names, for example, close to 60 of the s p 500 are down 20 or more. The markets way off the highs. The question is when is the bottom. Were still seeing a lot of stock for sell. Thats t
Just when it looked like things could get a lot worse, they didnt. The buyers came out of hiding. By the closing bell the Dow Jones Industrial average was off only 177 points to 16,027. The nasdaq fell 79. The s p 500 dropped 26. What should investor make of the late day buying . Bob helps breaks things down from the New York Stock Exchange. Reporter it was another ugly day but didnt end as bad. A will the of problems started in europe with bank stocks down 9 . Its off 35 this year. Theres concern about declining revenu revenues. Our banks are in much better shape. That didnt stop the big u. S. Banks from hitting 52. Stocks did turn around mid day led by a rally in energy. Conoco and exxon ended the day in positive territory. The s p 500 is only about 14 off its high. Transports, banks, energy, material names, for example, close to 60 of the s p 500 are down 20 or more. The markets way off the highs. The question is when is the bottom. Were still seeing a lot of stock for sell. Thats t