For many markets. The dax is up 1. 24. France is you will over a 1 so is the ftsi. And crude oil rising for the first time in seven days. Wti up by 66 cents. And also look at currencies. The pound making a sharp comeback this morning after tumbling to a more than two month low. Both the uk referendum campaigns have been suspended after the killing of jo cox. Gonna show the currencies because problem with the goes back to 1. 43 in watching it. The betting market, didnt get up to 70. Now i think the betting market was the pound. That might be a better indication of whats happening. Right. The one market thats really kind of got its finger on the pulse. Im sure the betting market obviously it is not as big as the foreign currency market or the pound. 1. 42. And then we didnt show gold. Gold is gold is going down. Gold is going down. After seven straight days. Now you are ready. No im not. It was down like 8, 10 or something. But its on a roll. Down 11. 11. Long way to go. In the meantime.
[ applause ] thank you very much for that, pat. That was very inspiring to think about health as being much bigger than health kcare and trying to find the solutions to get us there. Now we are going to turn to avic roy who has just returned from his money moon. Hes the opinion editor at forbes. He has an interesting back glund includes both medicine and finance. Hes a leading conservative change agent and a sought after president ial campaign advisor. Hes currently advising senator marco rubio and has previously advised rick perry and mitt romney. Hes the principal author of the apothecary, the influential forbes blogs. And he also serves on the Advisory Board. Join me in welcoming avik roy. [ applause ] thanks, nancy, and let me just second what you just said there. Its i really enjoyed what andrew and pat had to say. I think its inspiring to see some people focused on improving the quality of the delivery of care. Its been a tough problem, as you all know, and its been actually diff
Simulations to improve everything from houses to tooth brushes. Iraqi Prime Minister nuri almaliki has rejected calls to create a more inclusive government. He is facing criticism that he instigated the sunni insurgency by favoring the majority shia. So he is being urged to form a National Salvation government as a way to stop islamist mitants. U. S. President barack obama last week challenged him to present a unified front. Among iraqs three main groups. Maliki says it represents a coup against the constitution. Some Political Parties are urging him to step down to establish a National Salvation government. U. S. Secretary of state john kerry is to meet with Foreign Ministers this week to discuss iraqs crisis. He will talk with ministers from the uae and israel and saudi arabias king abdullah. Government forces in iraq are countering attacks by sunni militants. The insurgents hit a military air base wednesday north of baghdad and they are fighting Government Forces around baiji which
Today on fears they may still be a little bit overvalued despite a recent drop and its been a fairly substantial one. Is there money to be made . If so, where. If there is, well tell you about the next big catalyst. This space is really heating up. Plus an exclusive interview with the economist, yes, the economist, who is behind the u. S. Soccer, the national team. Why he may be the man to bring the world cup in qatar. Back to the u. S. First lets check in with sue at the new york stock exchange. And breaking from previous undploimt and inflation targets for when a rate hike might be considered. Our senior economics reporter Steve Liesman is here to put in all in context. Get to the Monetary Policy stuff in a second, but not from the chairs testimony, but the companies Monetary Policy report. And some specific parse, special small cap, bio, later in the q a she was asked about how low rates can distort markets. Low rates do have an incentive to push individuals to look for look for yie
Melissa dont look now but the fed is getting into the stock analysis business. Chair janet yellen calling out some specific sectors for valuations that seem a little stretched. In a filing provided to congress she said, quote, valuation metrics in some sectors do appear substantially stretched, particularly those for smaller firms in the social media and Biotechnology Industries despite a notable downturn in equity prices for such firms earlier in the year. Social media stocks taking the brunt of yellens comments. A lot of big names in the red as a result of that. Look at facebook, linkedin, groupon. Here to discuss, charlie gasparino, our very own, president of schaefer Asset Management dan schaefer is with us, and barrons Senior Editor jack hough. What do you think of the janet yellen getting into the stock analysis business . Pretty astute. Maybe if i could get a return on cash in my bank account or anywhere, i would, you know, not be willing to take as much risk melissa her fault.