That final tally 52 votes to leave, 48 to stay. David cameron was on the wrong side of that outcome and he announced hell step down as Prime Minister by october. The british people have made a very clear decision to take a different path. And as such, i think the country requires fresh leadership to take it in this direction. I will do everything i can as Prime Minister to steady the ship over the coming weeks and months, but i do not think it would be right for me to try to be the captain that steers our country to its next destination. On the flip side uk independent leader nigel farag jubilant. Dare to dream that the dawn is breaking on independented United Kingdom. Let june 23rd go down in our history as our Independence Day [ cheers and applause ] obviously very big questions, jim, being asked about globalism and nationalism, but on a shortterm basis, on a today basis, do you go shopping . Well, look, theres a couple things we have to keep track of down 7 , we get the trading halt
Speaking out after abandoning his potential mega deal with allergan, calling out the treasury in an op ed. And jeff immelt taking on Bernie Sanders in an op ed of his own, saying we create wealth and jobs instead of just calling for them in speeches. Lets take dimon first. Jpmorgans jamie dimon warning increased volatility is likely to stay. He writes, the good news is that the system is resilient enough to handle the volatility. The bad news is that we dont completely understand why this is happening. Dimon discussed the banks healthy Balance Sheet, showed some disappointment in the Stock Performance compared to the benchmark over the past decade on the heels of that journal op ed the other day. Look, he talks about what the Balance Sheet really means. Best line in the letter was, you can see in the table below that Jpmorgan Chase alone has enough loss absorbing resources to bear all the losses assumed by the 31 largest banks in the u. S. Thats the good news. Bad news, you know there
Transcripts For CNBC Squawk On The Street 20160119 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
Course of grants Interest Rate observer, noted fed critic with his take on what the fed is hinting at these days and sounding the alarm on the petrabras scandal. Hes coming right up. Also a closer look at the red hot commercial Real Estate Market here in this country and whether its already becoming too hot. Leading towards a dangerous bubble. That could and might sound familiar wreck havoc on the economy if it pops. Investment of china, russia and now canada. A special report of where things stand in this space and what it means for every investor out there. This is so surreal to me. Making a bet on highend marijuana. High end, right . Got that . Bob marleys family is now lending his name to a new brand of premium cannabis. Aimed at the discernible pot smoker. Now, i mean discerning . I guess its discerning but not after a couple of doobies. Not much to discern. I came of age in the 70s in california. Do the math. That is whole new world and frontier. Well talk with the private Equity
Win streak. Data coming out as well. Ibm kicking off its investor day. Ceo ginny rometty. An exclusive interview. Net neutrality, the fcc taking up what has become a contentious issue. But waiting on important details for Internet Companies like google and netflix still to be determined. First up wall street digesting Economic Data ahead of the opening bell. Consumer prices down. 7. Strip out food and Energy Prices up. 2. Durables nice, above expectations, above 2. 8. Weekly jobless claims jumped to 313,000. Dow closed at record high. Nasdaq ended the tensession winning streak. Within a stones throw of 5,000. A level at which its closed only two times in history. Take it out today because theres a lot of good chatter in individual tech names. I would tell you we had a gauntlet this morning with the runthrough. When you get through a gauntlet nothing that is earth shaking, whether claims durables, inflation. Ive got nothing earth shaking. I dont feel its going to do anything other than