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Be a bit cautious or unnerved at this point. It seems the bias for rates is upward. The bond market has been in a 30 year bull trend. Yields keep going down and returns are good. Hate to argue with him, but i think he is maybe too pessimistic about where bonds are. We will be in a 2. 4 to 2. 7 range. We are in an environment where you will definitely see bond yields head back towards to 2. 6 or 2. 7 level. I am pessimistic about the probability we can get higher. It is just a question of pace and pass. How fast is that going to happen . We dont think it is going to happen externally fast. I do...

Slumping is the critical modern cashry critical modern critical model three is delayed. Betty we knew this would be a is he newsweek and it certainly is. With the latest reports of Bloomberg News reporting that Jerome Powell will be the next fed chairman. It will be announced by the trump white house. We saw all that speculation before with the reports. Not a whole lot of reaction in the markets to that. Yes. As kathleen said in a previous hour, some people are calling this janet yellen 2. 0. He is seen as the that are continuity candidate as opposed to the more hawkish paler options. With mor...

Reading of the history of the fed. R more importantly is to look forward to what we presume chairman powell will do. Scarlet that enough it will come at around 3 00 p. M. Eastern time. He is set to make an announcement in the rose garden. Michael what do we really know about jay powell . A lot of people expressing ancerns about him not being economist. He went to princeton and georgetown law. He was a lawyer but went into investment trading and he worked a number of the biggest houses on wall street. Deals and then he went into government and worked for George H W Bush funding the government a...

Julie hyman is here to bring us up to speed. Julie we ended last week with records. The streak continues. A muted fashion. The dow and s p, little change. Of deal talkt today, involving different companies. Abroad, and qualcomm. Lets look at the movers involved. Four percent. Qualcomm has said it would offer. Broadcoms is rising. Marvell Technology Make a bid. A deal makes sense. On the flipside, sprint is not ditchee like the last efforts to merge with tmobile died. Sprints shares plunging. Softbank is willing to reengage in charter talks. Those shares are trading higher. A lot of moving part...

To withdraw. I felt that congressman radcliff was being treated very unfairly. He is too good. He doesnt deserve it. Trump blaming the media. But the truth is that republican senators had serious concerns about radcliffs qualifications. Gop leadership never came out to support his nomination. Gop members called the trump white ho impassioned defense of President Trump in the mueller hearing. Americans need to know this as they listen to the democrats and socialists on the other side of the aisle as they do dramatic readings from in report that volume two of in report was not authorized unthe l...