‘Balance of Power’ Full Show (06/02/2020)

‘Balance of Power’ Full Show (06/02/2020)

INCLUDING NEW YORK CITY, I. THIS IS NOT HITTING THE ECONOMY.. THE FACT THAT YOU HAVE STOCKS. HOLDING IN TELLS YOU SOME. TRADERS BELIEVE THAT RIGHT NOW. THE CIVIL UNREST IS UNLIKELY TO. HIT THE CORPORATE PROFIT. OUTLOOK WE ARE ALWAYS TALKING. ABOUT. IF THERE IS AN. UNFORTUNATE EFFECT FROM. COVID-19 BECAUSE OF THE. PROXIMITY OF PROTESTERS, THAT. COULD BE IN UNCERTAINTY.. THE OTHER FACTOR HOLDING STOPS. AROUND FLAT IS THE FACT WE HAVE. THE FINANCIALS THAT MOVE INTO. THE CYCLICAL SECTORS ONCE AGAIN. HAPPENING.. THE STAY-AT-HOME SECTOR TRADES. OFF.. WHAT IS AMAZING IS THE 10 YEAR. YIELD HAD BEEN DOWN A LITTLE. BIT EARLIER, RIGHT NOW ABOUT. FLAT.. INVESTORS ARE NOT WORRIED ABOUT. The FUNDAMENTAL PICTURE WE ARE. SEEING, THE SOCIAL UNREST. YOU'RE TALKING ABOUT.. LET'S SEE WHETHER OR NOT THAT. CHANGES. DAVID:. PICK UP SOMETHING YOU MENTIONED. TO ME EARLIER.. HOW MUCH OF THIS IS A WEAKENING. DOLLAR? ABIGAIL:. ALL OF THIS IS THE DOLLAR.. THAT IS A MARK OF QUANTITATIVE. EASING, THE "MONEY PRINTING". The JAY POWELL SPOKE ABOUT NOT. SO LONG AGO, SO THAT WHEN THE. DOLLAR MAKES RISK ASSETS. DENOMINATED MUCH CHEAPER, THIS. HAS BEEN A TRICK WE SEE MANY. TIMES IN THE PREVIOUS ROUND