there's a lot of moving targets on a lot of different things >> it is a multi-varied occasion dan greenhaus will smile about that, i believe. the one good thing we have going, scott when i look at the company, my assessment at this moment is we have risks, but there don't appear tock evident weakness you don't see that -- you don't see necessarily in our cnbc retail monitor, yeah, there is some talk about lead consumer, but all of that is part of the reason why i think the fed can lean hawkish and will lean hawkish and keep this idea of these higher rates, which, by the way, don't forget, they are very restrictive there's an argument the fed could trim a bit without having much effect on the restrictiveness. >> just more context, i remember the last estimate was below expectations that took a bit of a simmer off where yields were going. the stock market definitely got a jump on that it works both ways steve, the next couple days will be interesting i look forward to that thank you, steve >>> let's bring in shannon now nice to see you as well. game out this market in what is a specially pivo

dan greenhaus, thank you. let's get it updated on stories elsewhere. here is dani burger.s in hong kong have left soft and. they discovered peerless bets that went undetected by the risk-management system. stockton did not lose money from the transactions but the trade could have cost hundreds of millions of dollars if there had been an intense market downturn. the chinese top climate chief is said to have had his first official meeting with his u.s. counterpart with tensions looming over issues from ships to cleantech. he spoke to the north asia correspondent in beijing. >> that is one worry. these climate change community. i definitely hope that the american people will support the government to stay in the climate change process, in staying in the paris agreement, even past the election. dani: it is only going to get worse according to a new report from barclays for liquidity, functioning, and heighten volatility. it is the continuation of a trend underscored by the covid-induced dash for cash. increased treasury supply and complex dealer constraints, the strategist wri