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Environment, both here in europe and around the world. About the data that we are getting throughout the what it means. We are getting pmi data from europe. We rely on the ism data in the u. S. The sent seems to be the employment components are weak and the headline numbers are strong. Orders look pretty good. Jenna henry, global chief economist joining us. Break it all done. We have had the ism and the pmi data. Thewondering how useful data is really and giving us clues at clues as to whether Global Economy is . Not very. But t low levels, still at low levels. Equity markets are looking for their v. It is whether that b continues. There are useful snapshots. It is always encouraging to see territories. It gives us some idea that things are improving. It doesnt tell us anything about the future. Alix what do we learn from germany . Retail cells had a huge pop in may. Retail sales had a huge pop in me. Janet the difficulty you got ....
That is the new high going back to august 27th, now settling back to 4. 76. Rick santelli is here with the latest on yields for us. We will dig into what todays report is really telling us about the economy and the fed and biomet is tracking the Housing Market. Before we dig into that, lets look at todays market action. This is quite a turnaround. The s p is at 42. 97, up 39 points. At one point today, post jobs number and everything else, we were actually down 39 points. We got as high is up 47 on the day at one point today. That is how big of a swing it was. We took out yesterdays lows and at the highs, we take out yesterdays highs. That is how big of a swing it has been so a lot of people watching this turnaround say what could it all mean, that is a conversation were going to have later on in the show. The dow is up 246 points. The nasdaq, up nearly 1 1 4 , 160 points for the nasdaq composite of. As for this week in review, al ....
Democracy. A look that what challenges the property Insurance Market. Witnesses discussed the impact of rising Interest Rates, oversight of state Insurance Marketplaces and insurance providers departing california, texas and other states his hearing is on the Senate Banking housing and urban affairs committee. [background noises] [background noises] [background noises] [laughter] [background noises] the command banking housing and affairs come to order. Welcome back witnesses who have been here before and welcome colleagues and staff. The first hearing post labor day. A few Financial Decisions are more important than buying a home. Homebuyers make an investment in themselves, their families, their comm ....
Thank you all for coming back after the break and finding a seat. Appreciate it. Well just get settled again. Hi, im david lanski. Im the ceo of Pacific Business group on health. Some of the panelist you just heard from were members of ours. Let me just say a word about what were doing here and my job here really is to help make a transition between the wonderful case studies and purchasers to the implications for policy development in washington where we started the day with dr. Burgess. First i want to thank aei and brookings for sponsoring this meeting with us. Tremendous opportunity to have a dialogue that is nonpartisan and across many points of view to try to think what the successful developments of health care policy. Pbj is one of the sponsors. We represent about 60 very large employers and purchasers. They together have about 12 million covered lives and together they spend about 60 billion every year so they have a st ....