Good evening and welcome ia and chelsea with a good time to be born how Public Health gave children a future talking with Andrew Solomon. Before we start want to say a huge thanks to the team for making this happen and all of you for showing up we cannot host events without the community of authors and readers we are grateful for your support and to make this conversation so now just some housekeeping and the webinar tonight the speakers cannot see or hear you but you can see account of fellow attendees. A couple functions that you can find at the bottom of the window one is labor chat you can post comments and thoughts in the chat thats a great way to show your appreciation for the author have a specific question please post the and the q a module we will pull questions only from the q a to be answered in the later part of the program. And tonight. [chanting] book a good time to be born and to find actual shopping between noon and 7 00 p. M. Not everyday of the week and you can purcha
He boosted his ear and forecast by 24 , writing a fall in erp, adjusted risk premiums will be offset by a rise in bond yields. The combination will boost the end,o already 600 by years 3800 in 12 months time. This represents a significant increase driven by valuation. What do the technicals have to say about that . Joining me now is katie stockton, founder of fairlead strategies. Off of the highs now. What does that tell you about the next direction . Is flirting with that resistance. The level im watching is 3394, the intraday high from february. For a breakout to be decisive, we need to see a couple of closeouts above that level. Highs onct new positive shortterm momentum but also looking for momentum to falter before the end of the month. You have some overextended readings in some of , alsoternal measures sentiment. Basedrcentage of stocks on their 50day moving averages reaching levels often associated with pullbacks in the s p 500. At the same time, sentiment reaching exceedingly
Hasnt gapped down on earnings more than 5 in 17 years so by that narrow lane, its pretty significant selloff absolutely. Its down about 10 right now. So that really speaks to just how much investors dont like this report today. Its interesting though i mean, compared to amazon which can kind of turn off earnings whenever they want just as long as it shows up on the growth side, you got to wonder are they just sort of caught in the middle here where maybe theyre not investing quite enough to drive that online revenue but they still feel like they need to preserve the profit and maybe they need to pick a side caught between the cost of all the investments and its getting more to transport goods around the country so all those combining that is the margin story on walmart today. Absolutely. And labor costs, of course, have been going up. And some of that has been by their own measure, the fact theyre looking to increase wages. But its also, i mean, i think its also kind of interesting giv
Questions are good a lot going on all right the markets are crazy, becky what was that, 350 on friday, when it was all said and done. And strongly higher again this morning. Almost 200 and also well, well take a quick look heres a check on the markets u. S. Equity futures at this hour are, as you can see, 193 points indicated on the dow the nasdaq up another 25 the nasdaq shb dhad been diverg last week. Thats a big move that we saw, continuing buying, going on, across the board in this country. And actually in asia and europe, overnight, some strong Market Action and some interesting news in the tenyear note as well. But as you can see, the nikkei was one more than 1 point 260 points hang seng up sharply as well check out europe, green across the board, in europe, when i watched, at least looked this morning. Not the gains that were seeing here or in asia. But well see what happens this week as we move forward. Its only 6 01 and treasury yields moderating on the tenyear, which that you
Anna a very warm welcome to the program. This is our flagship europe show. Lets talk about what we heard from the fed and what that has done to the dollar. The the dollar the big beneficiary from what we heard from the fed. How the changing expectations from the fed around Interest Rates in 2017 have pushed up the dollar index. The rate went up 2. 75 percent as expected at the fed. The fed also signaling that the economy is strong and will improve and taking what some of our colleagues have called a victory lap. Lets put up the risk radar and on variousere we are asset classes. Weve seen reaction aplenty to what we heard from the fed yesterday. To reiterate what we heard about the dollar, this is the bloomberg u. S. Dollars stop index. What a of focusing on stronger u. S. Economy does to a Global Economy, the preoccupation is on what a strong dollar does to some of the corporate and others in emerging markets and focusing on the negatives there. Dropped to its lowest since march of 201