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First we start off with the market, stocks surging today, posting their best gains since midmarch. Rallying by more than 1 . Heres what was really interesting. Stocks rallied along with the dollar, along with crude, while we watch bonds sell off. Are we finally breaking out of the range and it is now time to finally give up that bear suit . Biggest bear on the desk, b. K. Oh, me . You and your bear suit. First of all the answer is absolutely not. Primarily because b. K. s not in the habit of buying into a major Monetary Policy mistake. If the fed raises rates, its going to be a huge problem. T...

Its setting up for a perfect trade. Lets get to it because stocks posted their worst day in three weeks. Should investors brace themselves for a summer swoon. Lets get in the money right now. Mike, what do you think . Summer is not typically a great place to invest anyway. They say sell in may. Historically, that has held to be true. Theyve done a lot of research on this. You add to the fact that were sitting very close to alltime highs and we obviously have plenty of Global Economic risks to concern ourselves with. We have the brexit vote, concern about the fed and bond voices telling us were...

And its setting up for a perfect trade. Well explain. The action begins right now. Lets get right to it. Stocks just posted their worst day in three weeks. Should investors brace themselves for a summer swoon . Mike, what do you think . Well, the summer is typically not a great place to invest anyway. Sell in may. Historically that has been held to be quite true. Add to that the fact were sitting here close to alltime highs. And we obviously have plenty of Global Economic risks to concern ourselves with. Weve got the brexit vote, concerns about the fed. And bond prices are basically telling us...

Down. Goldman says we may be stuck in this range for awhile. Lets start markets and fed today, jim, a lot of discussion about whether it would be a good idea for yellen to say lets have a presser in july on the off chance we move. We might be able to explain it better. I think that would be terrific. I think yellen has been the person who has been the least yelling. She doesnt yell. She is considered. When you have someone considered as she is. She is looking at the data. A lot of people criticize the fed. Im not going to. She is trying to arrive at the right thing. Imagine if you tighten it a...

Never seen you looking so lovely as you did tonight lets get right to it. The job shocker. Shares of banks plummeting. If a rate hike is off the table, will we see more pain from the financials . We kick it off with the chart master. Carter, what do you say . I think you have to assume that not only does it take the hikes off the tail, but maybe pushes them back indefinitely. The price action in the banks is terrible. Its the second biggest sector by weight. We know its been lagging only to be eclipsed by health care in the worst yeartodate. Its a problem, no way around it. Weve spoken repeate...