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Fears of recession and uncertainty surrounding trade, sparking a rush into safety. That leads to a u. S. Yield curve that inverted wednesdayish, as i recall, the First Time Since 2007. The recession is avoidable. Even when you see the yield curve invert. That does not necessarily mean we are going over a cliff into recession. It tends to be about 18 months earlier than you see recession. This is about traditional signals of the yield curve. Talking about the curve inversion. Inversion. 2 10 inversion. The risk of recession goes right up. The castiron signal recession is probably not correct. M...

Rising in yield, around five basis points. 4. 1522 is your spot. Oil adding . 72 a barrel to 83. 52. What are you watching . Jon the bullish commentary from the iea which is helping oil and energy stocks. You have seen green in things like also dental. But you do have the underlying we this in technology and heavyweights like nvidia now under pressure for the first day in a row. Then we have corporate stories we continue to track. Ubs is moving away from Government Support as part of the Credit Suisse after transaction which has sat well with investors globally with ubs at this hour of 5 . Now...

Jon you mentioned we have an overall s p that is a little weaker after five straight winning months. Sector by sector we are generally seeing underperformance. It has been a busy earnings day and a lot of investors are excited about the caterpillar story. It continues to flex profit muscle but you have uber shares off 7 , even though they showed operating profit. The revenue story was a concern. The ceo speaking with bloomberg earlier. You have beer sales not satisfying investors. Those are off close to 4 . And there were High Expectations for a cruise line operator for norwegian. That stock h...

Barrel. Jon it is interesting to see the mood move in crude. You see cautiousness in stocks, even energy, because of the new Economic Data in the u. S. Digesting it stays higher for longer. The story suggesting candace staying higher as well because we saw canadas central Bank Hold Rates Steady at 5 . This decision was expected but is only the third time in 13 meetings that the bank has hit the pause button. Partly because we saw the economy contract in the second quarter. The bank of canada was not expecting that would spoke of excess demand in the economy starting to ease. In some messaging,...

At 1275. Oil is rising about 2 for west texas intermediate. Nymex crude is up. What are you watching . Jon whats keeping the s p 500 from being weak on the days the fact that Consumer Discretionary subgroup is up and that has a lot to do with the fact that shares of amazon are up 7 right now. Investors last night were looking at the overall picture for the company. On the cloud side of the business, the indications on the road ahead were enough to give investors some confidence to buy the stock. Intel shares are a standout today as the ceo is pointing to a story of sales growth Going Forward a...