The omega Family Office. Nice to see you we just welcomed a conversation on stage. You just heard the Vice President who is on stage now describe the economy as booming, the stock market as near record high the fed cut Interest Rates yesterday. All makes a lot of sense. The administration wants even more what do you how do you make sense of it . Look, japan has had negative Interest Rates for 3 1 2 years what has it done nothing. Europe has negative Interest Rates. Their economy is doing very poorly the Vice President cited a bunch of factors, in of which on my list, Consumer Confidence is up, retail sales Strong Economy growing at trend, corporate profits are decent Corporate America if they were pessimistic, they wouldnt be buying back all the stock theyre buying rates are already low. I pity the poor guy or girl thats worked their entire lifetime when they go to their Financial Planner and ask for advice about retirement. How can they afford to retire . Theres no income. Good luck b
Being dragged down by health care and utilities. The 2500ry close to level. The dow is also down. 1 , while the nasdaq is at 6417. Yield look at what they in the 10 year is doing. We are seeing a little more safety demand after north korea just ramped up its rhetoric against the u. S. , suggesting they could include a Hydrogen Bomb in the pacific as part of their threat. 10 year yield of falling. The yen has actually risen the most in two weeks. But not in the double digits. We are seeing the pound falling. Theresa mays much awaited speech was lacking details that we were looking forward to. Creative and imaginative were the words she used. Uber has lost its license in london after investigators cited a lack of corporate responsibility. The company has 21 days to appeal the ruling. The general manager of uber in london said they intended to immediately challenge it in the courts. Bring in our senior tech editor from san francisco. Brad, how will the new ceo approach the defense of uber
Embarrassing this country and throwing the election of donald trump. Lets make a deal. Vw shares get a boost after report that german automaker could be nearing a deal with the u. S. Justice department and shares of lufthansa over challenges to Earnings Growth. Good morning everybody. And welcome to the show. Very glad to be back and glad youre all with us for this hour. Still a new year for many of us. The stock share of 600 opening to slightly mix hadded this morning as you would have seen edging just a little bit lower despite the positive data from germany. A 2. 2 rise in the year to november. A 5. 6 rise in exports as well. That was quite a bit better than anticipated. In europe were still just moving a little bit lower. When it examines to some of the sectors and our main markets that trend is reflected in the markets. Autos bucking the trend. With regards to some of the auto sales figures looking quite perky. Basic resources higher and telecoms off by right around 1. 3 . Well be
About Smart Devices in our homes. Bob barnard has the story. Weather whiplash from thewho 70s to a chance for snow over or the weekend. March living up to its lionn reputation, and tucker iske i tracking all the details. And later, you may not be nb able to play like tom brady butb soon enough youll be able to t eat like the super bowl champioo any time you want. Wan good day at 9a starts now. All right. Rht. Little independent women by destinys child celebratingin International Womens day. M day good day dc. 9 01 on this wednesda march 8th im maureen umeh, along holly, wisdom and steve. T. Its National Women days. Lady liberty is standing in solidare are the. He the statue of liberty is of lty darkness. Lights on the monument went outu last night what a spokesperson called an unplanned outage. E they came back o midnight. I do think maureen and ind said electrical circuit as the washington monument. I think the park service didid come out and say that it was they still had power to th
Case that she did confirm that no weapons were used in the attack that killed that 16yearold girl. Now, this all happened on thursday of last week. Amy joynerfrancis died after a fight in a girls bathroom at Howard High School of technology. Shea rushed to a hospital where she was pronounced dead. Three students were suspended. Students return to a normal Class Schedule this week and several town hall style meetings were held at the school for parents. Many people wondering how this could have happened to such a promising student like amy. Earlier in the week police said they had hoped to file charges by the end of this week but today they said the investigation is taking longer than anticipated. There are over 3,000 pages data alone that must be painstakingly reviewed by the investigators on this case. Because theres still a lot of work left to do by our detectives and the Attorney Generals Office in terms of reviewing evidence and relevant facts we are not in a position at this time