Top Hedge Fund Managers the final four picks last week. Which was the first bracketo logist . Good morning, you are watching Market Makers. Im Erik Schatzker. Im stephanie ruhle. You are back. I was not sure i would come back then i look at the calendar april 1 who better to celebrate april fools day . It is not april 1. I am the house full. I came back early so i can enjoy april fools day tomorrow. You were so excited. One day early. Lets get to the news because i am screwing things up. Business stories. Federal reserve chairman janet yellen says the Central Bank Must continue its easy money policies in order to stimulate the job market. In a speech she is making in chicago this morning, she says the extraordinary commitment is still needed and will be for some time. Tapering itstarted bond buying program, noting there is some improvement in hiring. Rocks are popping on the news. The dow industrials up 150 points. Stocks are popping this morning. At t buying back stock. San diego beat
Issues a little bit of an for mr. Hollande. But get straight to david tweed. This is going to be disappointing news. Very disappointing news, particularly after we saw the French Economy stalling in the first quarter. It is going to put even more pressure on francois hollande. He is trying to overhaul the economy. He is trying to spur growth. He is trying to bring down the unemployment rate. I will be back in a few minutes to give you the details of why we see this contraction. Ok, david. We will get into that breakdown shortly. To allurn our attention things online and property. Daily mail. Celebrity hunting, house hunting, job hunting, they had assets in it. Sales are up 2 . Profit also up 16 . That is a nice takeaway. They are trying to manipulate their portfolio. They are disposing of the significant chunk of zoopla, the secondbiggest u. K. Property search company. Some say it might be down, but secondly it is online looking at property. Daily mail up 6. 3 . We will talk about that
This is ahead of the weaker jobs numbers. High yields will drive the dollar higher. We had a conversation, no sterling crisis as yet but another poll which we will discuss shows that we are at net connect. There is no sterling crisis. And this is expected to last a few days. Gordon brown returns to politics in a lastditch effort to stop independence. He will put a bill before controlnt giving them over the economy if they vote to stay in the union. Andrew produced regulators have told the u. S. Department of evidencehey have found of criminal rates rigging. The u. S. Commodity Futures Trading Commission sent subpoenas to the world bank. Has drummed up investor interest ahead of the companys ipo. But facing some tough questions. Give us an update. This is a unique ipo for the New York Stock Exchange and for investors who will be putting money into it yesterday. Jack mann the other executives laid out the case trying to pitch the stock to investors. The Book Building begins now and conti
We are live from bloombergs European Headquarters in london. Thatgin with the battle started this all. Three most senior politicians heading north of the border to try and convince voters to reject independence. Prime minister David Cameron, nick clegg and Opposition Leader ed miliband have canceled appearances in parliament to campaign for unity. Thats talk about the subject. Anna edwards has been covering the story. All hands on deck is how we refer to it. Absolutely, trying to show a sign of unity among the westminster adversaries as they head north of the border to try and persuade the scots not to break up the union, not to break up our family, the wording that David Cameron is putting to this. No sunrise that he is talking about family. He is talking about precious and special things. An emotional rather than a factual plea. Campaigning days of ahead of next thursdays vote. We have seen evidence in the polls that women are more undecided about this than men are. So much so that t
Farm on burgers. Toneed entrepreneurs trying turn the rural passion into profit. Step for mankind, one giant leap for bloomberg television. We take to the skies to break down the business of zero gravity. Firstcome us with sevens relationship with the European Union could suffer huge setbacks. The country has voted in favor of immigration curbs. Hans nichols is in zurich. There has been a stern reaction from brussels. It was stern, it was swift. The question is, will brussels allow the swiss government to implement this referendum . They have three years to do so without a full renegotiation of that 1999 treaty that allows for the Free Movement of labor. This referendum passed 50. 3 . It was a margin of just 19,000 votes. You saw most of the support come from rural areas and the german and italian speaking part of switzerland. Here is the line from the eu. If they can do a situation where they make an a la carte negotiation with switzerland, if other countries within the eu make simila