For some economists, but stocks over there are in the green. Our roadmap begins with the coldest arctic blast in at least 20 years affecting more than half the nations population. Wreaking havoc on commutes, travel and businesses. And the s p meanwhile looking to avoid doing something it hasnt done in a very long time, that is, a fourth consecutive time since the start of the year. Morgan stanley downgrading netflix from underweight to equal weight. And scott cohen reports Jpmorgan Chase officials will avoid madoff related penalties and jury selection begins for the inside trading case for s. E. C. Capital Portfolio Manager Matthew Martoma. A deep freeze is gripping much of the u. S. Forcing businesses and schools to close canceling thousands of flights. Its one of the coldest arctic outbreaks since the 90s and its taking a toll on the midwest, the deep south and even the east. That news is sending natural gas futures higher, its the lead of the usa todays money section. Talking about
Back on the airplane . 10 days ago we were talking about an ipo and i go away for a week and come back and it its done. We will talk about it in this hour as well. Lex we thought of you. Do you waste the most time on . Candy crash . Checking the weather . It was inspired by the ipo. Tweet us. That is a good one. Here is my answer without question. Check on stocks, bonds, currencies and commodities. Futures up three. 10year yields comes in a little bit. To the next screen. Gold is a big story. 1370 an ounce. Has pulled back nicely. The Australian Dollar continues to get a tough day. Australian dollar a little bit stronger on the back of china news and commodity news as well. Where are we in the equity. Arkets . 1947 inflationadjusted dow. Up we go. A lot of the collation. Here we go again. Is that a bubble . I do not think so. Does not look like a bubble because you have 12 and three. Jeremy grantham with a great interview yesterday. He is a bear but says be in stocks. More money has ma
Spending. Reaffirmed of great caution. There is a huge optimism out there. Healthcare costs is driving gdp in the first quarter. At 11 00, we got the Kansas City Fed manufacturing activity. A lot of Economic Data and we will keep you up on that and earnings coming out for the bell, lenhard, conagra, and nike after the bell. Lennar came out and Second Quarter earnings. At 12 noon for the entire the merger surveillance team, terminal training class. Coincides with usa versus germany. President obama will speak in minnesota at a fundraiser. Secretary john kerry is in paris for middle east talks. What else do you need to know, soccer . Do we have a chance . There is a 72 chance the usa can advance into the next round. They dont necessarily have to win against germany. This is our twitter question of the day usa versus germany at 12 noon eastern time, whats your excuse . Lets do a data check a nice moving lower yields. Vxx is 11. 59 so a little improvement off of an ugly monday. Under 115.
York attorney general gave some details in a News Conference yesterday. Our complaint alleges the marketing of safeguards was false, the lawsuit files today charges that it drew to one of the largest in the United States by telling investors it were diving into safe waters when, in fact, barclays dark pool was full of predators who were there at barclays invitation. Kerry geithner, lets take a to usack and explain exactly what this is about, these dark pools and barclays involvement. Dark pools are where the big majority of stocks in the u. S. Are traded. They are dark that forms and we do not know what goes on in these. It is not transparent the way the exchanges are. A broad off investigation into highfrequency trading back in march. We now have a case against barclays. We look at how they allegedly deceived their customers about how they ran their dark holes, which could impact the customers lime bottom line on trade. Dark pools are part of the discussion we had with the fcc, and ot
This is in the law that congress created. There are several ways to comply with the law and if you are the victim of trafficking in the antislavery law that we passed unanimously for this committee you are eligible as a victim of trafficking. The United States requested you are eligible for a new visa and if you are a child that has been abandoned then you have no one here you can be eligible for a special immigrant juvenile visa that was created because we had kids. This goes back to the 70s. You have a child that appeared five years old and no parents. They are in foster care but what is their status. Extraordinary delays because we do not have enough personnel, but we do not have enough Immigration Law judges to actually and lawyers to actually adjudicate these matters. Are you able to comment on that . That is our experience. It would like to see those cycle faster which is part of the work were done with in the unified command group. One final question. His administration recently