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Interesting to hear you may not like the bond reaction. As for stocks you do have the three major added three major averages. The s p 500 and the nasdaq all nicely higher. Perhaps investors think the fed will be slower to raise rates. This has put the three averages on pace. We take a look at the s p 500 intraday chartres. Intraday chart. One area of weakness is the cruise line stocks. This includes carnival, caribbean, and the no region and the norwegian cruise lines. It looks like a monthly survey suggests demand for cruising declined in august. One stock trading under armour. Selling up to ...

Soviet union has died of a stroke. He will be buried tomorrow. Islam karimov was 78 years old. An official in South Carolina says Tropical Storm hermine brought scattered reports of flooded roads and power outages, but no major damages. Hermine weakened to Tropical Storm strength as it moved across the southeast. The system could hit connecticut and rhode island through labor day. Global news, 24 hours a day, powered by 2600 journalists and analysts in 120 countries. I am taylor riggs. This is bloomberg. Bloomberg west is next. Emily im emily chang, and this is bloomberg west. Coming up, Vladi...

Economy. Analysts saying were already in the midst of recession and why it could get much worse. First we start off with the markets. Stocks ending slightly higher on the official anniversary of the sevenyear bull run but with the ecb on deck tomorrow, the fed meeting just one week away from today, is the fate of the bull in the hands of the Central Banks . Pete najarian, what do you say . I would say the markets are completely dependant on oil just like Jeff Gundlach said yesterday. The Central Banks say they adjust and i think well be adjusting along the way. When you look at price of oil, w...

We have politics to think about. What a combination we have for you this morning. The canadian loonie is under a depression this morning. Anna there is the Prime Ministers decadelong ball. Markets are interpreting this as a little bit of a negative. It is trading a little bit lower this morning. People are nervous around the fiscal picture. Does this mean more deficit spending . A very challenged economy. Guy a different take from what we look for in europe. This is the chart i love, though. They were having such a good day. This is the db adr. Then, we got this. Mid little crater afternoon, i...

The chinese manufacturing numbers a real disappointment, reinforcing the point that the economy is slowing down. Anna the pmi is the lowest in three years. Goldman sachs. Options trader is saying that it has never been so negative. They have never seen anything so negative in the chinese equity markets. Guy this is a fiveyear chart youre looking at and this is the low youre looking at. 49. 7. Chinese manufacturing is a huge part of the economy. Below 50 on a pmi number implies contraction. Anna were back in able market on oil. Shall i say that again. Bull are back in a market. The largest thre...