Campaign hama jump jim has the latest. Just days after he announced his candidacy in his countrys upcoming president ial elections egypts military has arrested former Egyptian Armed forces chief of staff sami annan. In a televised statement the military said imam committed violations when he announced his president ial bid without obtaining permits from the armed forces hes also accused of committing forgery to be included in the voter database there are two explanations for this one is that he actually miscalculated the level of support that he has within the minute any institution and within the security interests so within the pollen institutions the second one is he actually did not mistaken a decision he expected to step and this is not the end of the story you probably see something a count of the action on his part or the part of his loyalists so its still too early to tell im not announced his intention to run hours after current president of the fatah has sisi declared his pla
World. You can see a mix picture and generally not bad at all our 10yr note year is moving higher thats stagflation. Give me a stagflation guess and tell me it is the end of the world. Crude continues to sell off a little bit lets get to our road map this morning. It does start with rates shock the question of course is it going to prompt the feds to raise rates at a faster pace the report says futures are at a lower market thatll be three Straight Days gains right new. How about this taco bell turn around the core rate minus food and energy rose 3 thats the biggest increase in a year data shows retail sales fell unexpectedly in january. They were down. 3 and thats the biggest pull back we have seen in 11 months. All of which leads me to you and what you think about this and what it means for our market and not just today right any negative or positive is obviously going to be radically in flamed by the vix issues. We know there is hold the line on 10yr we are going to really panic and
Start of a military crackdown last year it comes as new evidence emerges that man mas military is using gang rape as part of an Ethnic Cleansing Campaign stratford reports on could to prolong refugee camp in bangladesh. The sisters fifteen and seventeen years old samia me soldiers tied them to trees and gang raped them the eldest Sister Sister lost consciousness was the second man began to brutalize or. Me surrounded our house she says my sister and i were in the bathroom the soldiers burst in and drank this outside seven men raped me. She says passers by found them unconscious and still tied to the trees. It was difficult to walk she says but they helped us it took us fifteen days to walk to the bangladesh border. Rights groups say that the myanmar army used gang rape as part of its Ethnic Cleansing Campaign that killed thousands of people and destroyed their homes in Rakhine State they also say that myanmars Case Highlights massive floors in the International Criminal Justice System
Nasdaq with. 46 i can do best sometimes but sometimes it isnt enough. This morning i saw action that was so destructive that i wanted to scream but i guess its only natural. This is earnings season and people cant resist making snap judgments. Snap judgments that lead to stupid decisions and losses. Let me share the obvious ones to show you how truly block headed earnings season can be. They might as well call it mistake season for all the ridiculous moves people are making. Im stopping it tonight. Jp morgan and wells fargo along with Johnson Johnson all reported today and the action in their stocks exhibited a level of lunacy. That suggests that people trading them were just totally clueless. Lets start with jp morgan. This was a truly magnificent quarter with 6 billion worth of profits. Yes, thats b. 6 billion including those no longer eaten up by legal bills, a sizable cut in branch expenses, a beautiful capital bill and an astounding 27 increase year over year. This was a staggerin
Vonnie the bloomberg Commodity Index is lower than it was during the hanging meltdown. New york oil is hovering around the 50 per barrel mark which is the lowest its been since april with speculation the Global Oil Glut is not going away. The greek exit from the euro may be back on the table next year. Almost 0. 75 percent of the euro says they will be out of the euro in 2016. The bailout package should be too small. A newspaper and i will his race for the residential nomination. The Des Moines Register calls him names. He commented on immigrants and make comments about john mccain. He has surged into the lead for the republican nomination. A new poll shows he is the favorite of 24 of republicans and those leaning that way. Nike has given Ceo Mark Parker a stock or that is 10 times higher than what usually gets. He has restricted stock with a target of 30 million but he gets it if he stays with nike another five years. The cofounder has endorsed parker to succeed him as chairman next y