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But after a session with the dow dropping 160 points sell, sell, sell. The super bowl backslid 0. 49 . And the nasdaq lost 0. 80 . Really that was a day. You need to understand the economy doesnt work like that it is not like were teethinger between good and bad well have one set of good numbers from the Domestic Companies doing just fine. As long as the trade war continues well have another et self bad numbers from companies that are hostage to the Global Economy and doing terribly the chinese trade delegation went home early, instead of hanging out with farmers in montana, suddenly the marke...

Maybe actually get something done hallelujah i got to tell you thats how i felt when i interviewed nancy pelosi, leader of the Democrat Party about how she looks at things for now you should know shes hoping for constructive dialogue between democrats, republicans, including the president which is something i pretty much had written off as impossible. [ buzzer ] now before i go into what i heard remember that despite todays sedate action, dow inching up 34 point, s p advancing 2. 6, nasdaq gaining 0. 40 we are on the cusp of an incredibly important fed meeting. The guys that keep buying on tec...

In the meantime, lets talk about the price of bitcoin. It has been volatile. Shot up yesterday in a big way and pulled back after blackrock denied the report, becky. Coin telegraph saying u. S. Regulators approved the application for the spot etf. Everybody cheered and went crazy. Coin telegraph later retracted the story and conducting an internal investigation into the inaccurate report. Blackrock reported the application is still under review. Crypto markets have been waiting news for spot coin etfs which are expected to drive investment in the sector if approved. If because we still dont kn...

Days. The eurodollar slightly weaker, that uptrend to seems to have been broken with a stronger dollar over g10 with the exception of the yen. Its a buy treasury single after the big selloff we saw yesterday and goldman doubling down on bullish commodity bets. I want to take a quick check on the safety Asset Classes. I mentioned dollaryen, portugal if you want to take on risk, go to portugal. The yield there is down by eight basis points with a lot of buying going across the curve over in europe and the vix at 29. Gold is up by four dollars now. The vix at 29 feels like the different world. Da...

Inventories, a much bigger drawdown. A drawdown of 5. 9 million barrels, compared to the survey calling for a drawdown of 3. 1 million barrels. Whats happening now, Hurricane Harvey, of course, took refineries offline. That, of course, caused oil to be in less demand building. We are seeing a bigger build than expected. Gasoline not produced through the refineries. A bigger drawdown. He would not be surprised by this report because he thinks some of the economists surveyed probably did not have the u. S. s exporting activities influenced. We did not the ports were closed, so we were not able t...