Always gooed to have you. Have we made too much of Deutsche Bank . I dont think so now. It may be specific to Deutsche Bank, but i dont think youre supposed to be in the stock here. This reminds me too much of lehman and bear stearns. Were there bounces up like todays for those two names . Of course, there were. I am suggesting Deutsche Bank the stock is not something you should be playing with right now, and there probably will be repercussions. Not fatal. Not kpait for the rest of the finance center. This guy was a subcommander, and here he is chicken little. I dont know how you can mention im not chicken little. How can you mention it this in the same this youre going to talk about the deposits. They didnt have backing from a central bank. Deutsche bank has tons and tons and tons of assets, and its not a electric widty issue. Whoever thought it was going to be 14 thats not what the problem is. I know there are deposits, michelle. Youre correct about that. The problem is counter part
What if the fed hikes anyway . With us for the hour, joe tear ra noev dia, stephanie link, josh brown. Josh, you tell me. Another ugly read. Nonmanufacturing backs up last weeks manufacturing report, disappointing. Jobs report below expectations. What happens if the fed goes anyway . Whams to stocks . Could be an adjustment. Look at the history of surprise hikes its different from the history of well deteltelegraphe hikes. I dont know if its necessary. A whole cult of commentators saying, about time. We finally have this over with. Plus, you have no idea what the accompanies statement will be, if they were to go and then say, well, this was really a dovish hike or whatever it is were creating. Look at the big picture, scott. U. S. Stocks mixed. The phangs are going nuts. Same old same old. New alltime highs for face bbo, google a lot of the action is overseas even so. Look at emerging markets. Eem up 1 po. 7 on the day. And since august. Best run since august. You have to pick your spo
Proxy for the selection. It was the unexpected proxy. The peso has been gaining ground in the wake of the debate last night and some market for tip of the are judging a Hillary Clinton one. That is fueling to some degree of relief rally in u. S. Stocks. We see some cyclical groups leading the rally today. Most notably, discretionary stocks. They are doing particularly well. If you look at the s p index, its up. Thats one of the best performing groups we are watching. That has to do with Consumer Confidence. It rose to a ninemonth high. If you look at the bloomberg, you can see how it dead. This is ec a left on the bloomberg. This is the actual number. You chart here shows todays reports are way out here. We saw that. Jobs are plentiful right now. This is also at a nineyear high. If you look around the discretionary universe, weve got the Online Travel sites doing well. They are rallying more than 3 . Amazon is rallying today. Once again, its at a record. They are benefiting from some o
Kayla tausche out today. A lot to get to in silicon valley, but our first story will involve Deutsche Bank, germanys biggest lender. Company ceo john crien trying to reassure his staff. But shares is jumping back, up almost 8 after jumping to alltime lows. Our wilford frost has been joining this story from the beginning and joins us from the floor with more. Reporter so lets revisit those basics once again. It really explains the story well. As we know, capital, thats assets less liabilities. Liquidity is percentage of assets in cash or cash equivalents. Deutsche bank has lots of liquidity, but a worrying lack of capital. Yet, yesterday, it was liquidity fears, predominantly that moved the market. And many analysts this morning coming out to highlight the strength of their liquidity position, hence one major reason for the bounceback in shares today. Capital, though, remains a massive issue. And thats actually what has understandably driven the 50 share price decline this year, as a wh
Adam right now at noon, the severe storms we had early this morning are moving out. But parts of the state are still cleaning up from the damage left behind. Good afternoon. I m adam sexton. The rain is gone. And right now, temperatures are soaring into the 60 s in parts of the state. But a cold on but a cool down is not far off. We have Live Team Coverage beginning this noon with meteorologist Kevin Skarupa. He is calling this weather absurd. Kevin record temperatures in concord and portsmouth, both before lunch hour. Report smith setting a record before 5 00 this morning, 58 degrees. Concord went up to 62 at 10 00 portsmouth setting a record before 5 00 this morning, 58 degrees. Concord went up to 62 at 10 00. It is cold enough for snow, so the cooler air will start diving and later on today and in the form of light snow in the northern half of the state, during the evening and overnight hours tonight. Much more on this big change that will come in for the weekend forecast coming up.