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Pepsicolas earnings this morning. Gina martin adams of Bloomberg Intelligence has been absolutely dead on on the earnings surprises we are going to see off the glue. Pepsi off the gloom. Camecame in al in almost flat. Futures up 18. Onathan futures positive the s p by 0. 6 . Cfohing up with the pepsico a little later on. This thursday, the ecb will be meeting. This coming weekend, european leaders get together. That is a huge focal point. Lisa the frugal five coming out, trying to push back against 750 billion euro programs. The fed very much and focus this week. We get a slew of fed speak ahead of the blackout period next week. A. M. , Andrew Williams and the boe governor Andrew Bailey joining to talk about libor. Then Robert Kaplan talking about covid testi ....
The white house says there is no chance of meeting halfway. Victim of the trade war, with lackluster sales. They are putting upgrades on hold. Lets get you started with a check of the markets, the dow falling on the s p 500 sinking almost 3 , every sector on the s p 500 in the red. Of course, the yield curve invert in briefly for the First Time Since 2007, recession fears again, giving some anxiety to investors. Wti continues to be under pressure after the u. S. Session losing almost all of the gains from yesterday that we had after we u. S. Tariffs delay, and had the yen, treasuries surging in the u. S. Session. Take a look at yields, because the 10year yield fell towards that 1. 5 level. We also had the yield curve inverting for the First Time Since 2007. That was a brief inversion in the morning session. Not here, but the 30year treasury yield also breaking a record lo ....
John any moment now the white house has had to hold a briefing as the Supreme Court comes under fire yet again. Hello i am john roberts in washington, sander we are almost to the weekend. Sandra all right friday it is an sandra smith in new york and this is america reports. The New York Times published a photo taken in 2021 about upside down American Flag hanging outside the home of Justice Alito. A symbol with Donald Trumps false claims of election fraud. John Justice Alito denies having any involvement with the flying of the flag he told the New York Times his wife on the flag in response to signs in a n ....
And how that s going to affect the economy going forward and inflation. yeah i want to ask you, economist. i m sure you saw these remarks economist mohamed larry and he thinks a pause would be a mistake, and here s his reasoning for this, in part , he says, i think the fed is going to have to decide between two policy mistakes, hit the brakes too hard and risk a recession or tap the brakes and a stop, go pattern and risk having inflation well into 2023 . he fears the result of a pause now will be stagflation. what do you think of that risk? i think that s a lower risk than mohammed does. and i m a great friend of muhammad ali aaron and think very highly of him. but on this point, i disagree because i do think the tightening that s already in the pipeline is going to be enough to also make it no longer conflict between financial stability and inflation. that what we re talking about is already a tighter credit market that will stem inflation. i think what the feds concerned about is the ....