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Internet stocks popping higher, even with netflix in the mix. The at the david at same time when the equity markets do not give us a clear picture, we look at things like debt, the 10 year yield on u. S. Government debt, and also the dollar. Is there some thought that stimulus may, in is that affecting the dollar and debt . Theail absolutely, that is bigger driver on the day. When we take a look at the 10 year yield bond, we have bonds lower, that tells us yields are climbing higher. We have the 10 year yield starting to pop out of the middle of a range. Should that continue, and it seems likely to press up closer to 1 , and of course that is coming on the narrative stimulus is around the corner at some point. Then the idea you will have yields continuing to climb. At what point does that spook investors for a variety of reasons . Earlier today it is 1. 5 . In june when the 10 year yield 1 ,allowed was around that is when stocks could be wobbly, selected be what we are seeing today on ....
The opioid epidemic. The Justice Department announced the settlement today. Purdue has proposed a separate 10 billion settlement to resolve state and local claims. Onbal news, 24 hours a day, air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton, this is bloomberg. Vonnie welcome to bloomberg markets. Exclusive interview with former Federal Reserve chairman Alan Greenspan, his thoughts on the state of the was economy and the stimulus logjam. Markets are now lower and bouncing around on speculation whether lawmakers will finalize a stimulus deal. After thea announces bell today, all but guarantee to report a fifth consecutive profit. Markets,heck of the the major indices are down at this point ....
Not much movement in the November Purdue University/CME Group Ag Economy Barometer with a reading of 102 for the month, unchanged from October. The national average gas price fell 15.8 cents over the last week. ....