Bernstein Advisors News Today : Breaking News, Live Updates & Top Stories | Vimarsana

First, todays show is brought to you by the letter b thats because bond yields, bullion, big cap tech. Fed chair Jerome Powell gears up for a high stakes speech from jackson hole summit. With bullion up, big tech up, what is up with the market as we gear up for powell, guy . I like to hear you say bullion. I feel like im going to have soup or go back to doing what i used to do back in the day its wonderful you can do an entire show saying that word. Whats up . Risk assets are continuing to go higher based on we talked about this a couple days ago, the fact they said they will be a historic spe...

To get things started off. The dow is down by 17 points but the s p and the nasdaq is there. Nasdaq is indicated up by 47 points this is after a strong month of july for all three of the averages the dow up by 2. 4 for the month. The s p saw its best july by ten years. It was up by 5. 5 . Thats nothing compared to the nasdaq today is the first trade ding d of august. Thats out at 10 00 a. M. Eastern time today also take a look at treasury yields you did see yields under extreme pressure or ten year closing at its lowest level since all the way back to march 9th. Right now it is a little bit hi...

Dallas . Years ago. Traveling with a big sales whats interesting is it is a connected supply chain so what were actually discovering here with the coronavirus is those factories outside of china, they person a deal . A few of them i was a stock broker. Also are having supply trouble not able to start production in would you like to buy this or many cases because all it takes would this be better for you is one part to come from china alternative choice questions. So our products are electronics, you do. Fairly complex and parts really she doesnt get on a plane come from all over the world and ...

Just three points higher, but that means we are at another record high. Fancy that. Lets dive deep into the action. Abigail, what are you watching . Abigail ive got bonds on my mind. We have stocks higher on the close and on the week, another weekly gain, the fifth in a row for the s p 500, the longest winning streak since early march, so clearly a riskon tone, but confirming it is the problem we are seeing on bonds. A significant back up over the last five days for the fiveyear yield, the most in more than a month, and the 10year yield, the most going back since september, and that was the bi...

Decline. Biggest drop since 2009. A real freeze that has hit the manufacturing economy. Thats right. The lowest ism reading this is a kind of this 340 versus last month survey sometimes market moves are inscrutable. Yesterday, markets were up clearly just challenged this idea that the u. S. Economy was resilient enough we are constandly talking about increasing recession fears. Suddenly this data point comes along. The consumer, in 2019, are we dependent on manufacturing to the extent we used to be no. Not even close it is a great swing factor it doesnt go down that much but it also accelerate...