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Really a macro call based on valuation and you have to consider the dollar as part of it. I just think yen has more potential upside. The its a pair trade, as you said, its not that im short the s p, bearish, its a relative performance. Thinks the s p could still outperform. This is like a mid year trade. Sure, if you were thinking about mean reversion and the huge gaps in valuation and performance thaend youre looking at the recent trend that shows a big reversal from what weve seen in the last few years. For contest, were overweighting em. Ive been flogging this horse for months. So its nigs...

This is nightly Business Report with Tyler Mathisen and sue herera. Risk assessment. A rare event. The oracle speaks. The big mistake Warren Buffett said some investors like you may be making. Hot topic. Ab old drug gets a new price tag to treat a rare and debilitating condition. That and more tonight on nightly Business Report. Welcome. Gains were small today. Minuscule really. But they were good enough to lift the s p 500 and nasdaq composite to alltime closing highs. Investors seemingly concluded the market had dodged yet another risk. Namely, that france might elect a far right opponent of...

Flat. The ftse is down by 0. 1 in italy. Crude was the big story yesterday. Wpi this morning is up once again by 1. 6 . Gain of 77 cents to 48. 10. This comes after it looks like additional countries from opec are standing with saudi arabia saying those production cuts need to be expanded and also we saw a surprise decline in the supplies here in the United States. Now lets talk about todays corporate story. Shares of snap plunging after the Company Released its first report since going public. Snap missed on the top and bottom lines. The company struggled to keep up with user growth validatin...

Good morning. Welcome to the Heritage Foundation and our douglas and Sarah Allison auditorium. We welcome those who are joining us on our heritage. Org website as well as cspan this morning. For those in house wed ask kurtd si that our cell phones and other mobile devices have been silenced or turned off. And for all those can watching on line or on television, youre welcome to send questions or kmentsds vp comments tnt, simply emailing heritage. Org. Hosting today is ted vroman. Hes our senior researcher. He studies those relationships as well as u. S. British relations with europe and the Eu...

Next an adviser to the British Government on its negotiations to leave the European Union talks about the impact of brexit on the future of u. S. uk trait trade policy. Its an hour and 20 minutes. Good morning. Welcome to the Heritage Foundation and our douglas and sara allison auditorium. We welcome those who are joining us on our heritage. Org website. As well as cspan this morning. For those inhouse we ask that courtesy that our cell phones and other mobile device have been silenced or turned off. And for all those watching online or on television youre welcome to send comments or questions...