Caroline still with us, anna barton. You were saying that really at the moment, the risk on nature is there in the market. Was it right to be . I wanted to talk about technology but it seems to fail me and i needed it. An investor who is sick exposure in a passive way should be aware of. Five isosure to top over 20 . How stocks have already outperformed and are trading at a premium. I think ultimately what you were alluding to is growth is the ultimate structural winner. I dont mean it as a style call. The names that have seen higher levels today, they can continue to do well irrespective of that cyclical recovery we are looking for because they are enabling that next leg of growth. We can talk more about the industries that we like. I think that is the ultimate decision that investors have to make, assess the and growth opportunities. Basise on an individual individual basis, we are looking at a huge percentage of stocks above the key shortterm and mediumterm averages. Here is one exa
Losers. As york city has a curfew they are poised to reopen after months of flock down due to the covid19 pandemic. Meantime, the markets ending the day up, somehow disconnected from all of this chaos. I want to bring in our markets reporter, abigail doolittle. On top of this, u. S. China tensions flaring up. Why do investors seem unconcerned . It is puzzling, especially with the degree of unrest in the u. S. It kind of is offensive in a way that you see stocks climbing higher. Today, almost a giddy feeling to the session. That kindhat you have of trading action, it does not seem to make sense but, again, it tells you that investors are looking past these unfortunate, sad, surreal events and making the assessment that it is unlikely to affect the economy on a longerterm basis. We have Something Else going on beyond the weak dollar. We have had a move over the past few weeks into cyclical stocks, recovery stocks out of the stayathome stocks. Up top, the nasdaq 100 and index. Take a look
Lisa abramowicz and Annmarie Hordern i am Jonathan Ferro. Your equity market positive. 4 . We will proceed carefully just like this Federal Reserve ahead of cpi. Lisa proceed carefully although i do dont know i do not know where the bias is in markets. Yesterday everybody seemed to disregard ppi and we got a rally in bonds regardless. How is this leveraged because people want to have a bond rally . Jonathan what a turnaround over the last two sessions. We have dropped back in two sessions. To see the 10 year lisa kathy jones put it well. There is something technical going on. I keep going back to what it means for broader markets and an understanding of what this market is. It is the deepest most liquid market in the world and it is whip sawing around by 20 basis points, 30 basis points more in a couple trading sessions. Jonathan we are fortunate to have Annmarie Hordern with us to work on the latest on israel. Antony blinken landing in tel aviv today and the Israeli Defense minister w
Electing a speaker of the house. But theres still no guarantee theyve actually got the votes to make that happen. Explain why coming up just ahead. But first, we are moments away from a live announcement from the San Francisco unified School Districts Teachers Union. On whether a strike vote has been made. From the bay station, youre watching kron. Noon. Thanks so much for joining us here on kron. 4 news at noon. Im Stephanie Lin happening right now. This francisco unified School Districts our other. The Teachers Union out there is working on announcing the results of the teachers strike vote, affecting some of their 6,000 members. So were going to work bring to you live in just a moment here. In the meantime. We have some coverage from our will tran on this. Its take that story. No matter the results that we will find out at noon if the teachers vote to go on strike or not, you wont have any problems dropping off your child inside the classrooms today. Probably not a problem tomorrow
Good monday morning. It is 10 00 eastern. Im Ana Cabrera Reporting from new york. We begin with Donald Trumps Hush Money Trial resuming moments ago in a manhattan courtroom. Week three of this trial saw dramatic and at times emotional testimony. Today, week four is kicking off with the judge Finding Trump in contempt once again and issuing a new warning of jail time. While a new witness, the Longtime Trump Controller has taken the stand. Nbcs Vaughn Hillyard is outside the courthouse. With us our legal panel, carol lam, former u. S. Attorney and former judge, adam pollock, The New Yorker new york assistant attorney general. Vaughn, we have a new witness on the stand and action related to the gag order already this morning. Walk us through it. Reporter Jeffrey Mcconney just took the stand. He was the former controller of the Trump Organization. He worked at the trump org for 35 years before leaving his post this last year. Folks may recall that he testified for several days in the Civil