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Left in the session. Yeah. And, of course, it is that holiday shortened trading week so were watching this closely coming up on the show tesla shares surging up another 8 on the day. Tripled in the last six months were going to break down that move with former ford ceo mark fields and the Treasury Department says it has finalized terms of new loans to major American Airlines well speak with the ceo of Hawaiian Airlines in few minutes as well. Lets focus in on the big stories were watching in general today. Mike santoli is looking at market valuations with the dow above 26,000 Steve Liesman is breaking down todays better than expected jobs numbers and how to square the conflicting messages were getting about the economy. Meg tirrell monitoring cases weve se ....
Seeing a little bit of a pause. But if you look at the stocks europe 600, a little bit of poor data out there and the prospect of more dovish appointees to the fed. Im also looking at the with the nomination of Christine Lagarde take over the ecb. All of this with euro area june the services pmis, a touch better than i expected. But pmi in general has been disappointing. The u. S. 10 year yield is below 2 at 1. 95. Overall, quite a big move from yields. This is what is coming up on surveillance. Dont miss our interview with loretta melzer talking inflation and treasuries. First, lets get straight to first word news. Waller and judy shelton are present trumps latest nominations to the Federal Reserve board. Of researchrector and was the professor of economics at the university of notre dame. Shelton is an informal adviser to the president and spent decades outside mainstre ....
Twentysix congressional committees and subcommittees, 800 plus federal judges, 50 states, 50 state legislatures and then you get the thousands of municipalities and counties across the country. Pretty fragmented system. So where am i going with this . The same issues exist around energy that exists around money, and the supply of money. But yet we have in our democratic wisdom figured out a mechanism that enables the Monetary System to work. Within the same governance of this big, sloppy federal democracy. Because we have in the past experienced monetary crises where the system wasnt working, we came up with a solution. And that solution is now 100 years old this year. 1913 Federal Reserve act created an institution, a governance mechanism that works to manage money. I think and leslie give some serious thought and action unless we give series thought and action for energy ....
Thats outrageous. Its like an eightlane highway compared to a twoland dirt road. Bret South Carolinas primary two days away with super tuesday behind it. The fight is intensifying in the crowded 2020 democratic field. I think we can get all of those bold progressive things done without having someone that is so alienating. Amy, my favorablety is the highest up here, as a matter of fact. Martha the socalled moderate lane bumper to bumper and headtohead with progressives. I dont know what else she wants us to do were following what she asked to do. The trouble is with this senator, enough is never enough. Martha and each other. I wish everybody was as perfect as you, pete. Bret can the minnesota senator break out in time . Martha when it comes to total votes cast in the first three races, Amy Klobuchar is third behind Bernie Sa ....
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