Now. The skid right to the weather. Golf coast thunderstorms using tomatoes of the east coast, flight delays, Hazardous Conditions could slow to a crawl. What does it look like . Things are pretty smooth, not a lot of delays or cancellatio cancellations. It is raining but not too hard. The official numbers are 47 delays, nine cancellations. Nationally the picture from flight aware 949 delays, 234 cancellations and that is not great if you are traveling but not the thousands of cancellations and delays we have seen in previous storms. Philadelphia experiencing one hour delays because of the weather. Jfk is up there for an hour. Flight arrivals in San Francisco from the east coast have been delayed so that pops up on the delay list as well in th and a e others. It is still south of washington, d. C. , moving up the coast slowly. We have record travel day today according to aaa, nearly 99 Million People traveling this Holiday Season up 4 , 6 million of them are flying in part to the low g
German bond is the short of a lifetime. He joined street smart earlier today to explain why he is betting against German Government bonds. Bill its about five years forward in both germany and the u. S. , but the yield difference between those two is about 200 basis points lower for germany. So equal quality, yes but 200 basis points lower in germany. That says u. S. Treasuries are a whale of a by and german bonds are a whale of a short. Im suggesting if you want to hedge, the best thing is to sell the german bond and by u. S. Treasuries. Emily he says most investors want to wait for 12 to 18 months because thats when the u. S. Quantitative easing program is set to end. A generic drugmaker has rejected an unsolicited takeover offer from Island Pharmaceuticals saying the proposal does not reflect the value of the company. This comes after there was an unsolicited 40 billion offer. Mylan says it wants to stay independent. The saudi arabialed coalition has ended its airstrikes in yemen. O
He joined street smart earlier today to explain why he is betting against German Government bonds. Bill its about five years forward in both germany and the u. S. , but the yield difference between those two is about 200 basis points lower for germany. So equal quality, yes, but 200 basis points lower in germany. That says u. S. Treasuries are a whale of a buy and german bonds are a whale of a short. Im suggesting if you want to hedge, the best thing is to sell the german bond and by buy u. S. Treasuries. Emily he says most investors want to wait for 12 to 18 months because thats when the u. S. Quantitative easing program is set to end. A generic drugmaker has rejected an unsolicited takeover offer from island pharmaceuticals, saying the proposal does not reflect the value of the company. This comes after there was an unsolicited 40 billion offer. Mylan says it wants to stay independent. The saudi arabialed coalition has ended its airstrikes in yemen. Officials say it has succeeded in
We start with breaking news. At this hour, republicans are holding a vote to repeal obamacare. Today will mark the 67th time House Republicans have voted to repeal, defund or change the Affordable Care act. These votes represent a colossal waste of taxpayer time and money. Nancy pelosi tweeted out on monday now i know how bill murray felt in the movie groundhog day. Todays vote is big and it is big and different for a number of reasons. First of all, it gets house freshman on the record about repealing the health care law. Mitch mcconnell will bring this vote up for a vote in the senate. A senate vote means what . Well, all these democrats are saying they werent so sure about obamacare. Lets find out. Moderate democrats will have to go on record about obamacare. President obama will veto the bill. The republican repeal vote is working better than ever. Last week the government announced roughly 9. 5 million americans signed up or renewed coverage for 2015. The original goal was 9. 1 mi