Bass, and and to back them up there are similar problems, stay there and work with them i believe my experiences if the nation believe somebody is behind them they are likely to do the right thing the right way and hopefully for a longer time. I will finish with this. My father in law was the guadalcanal marine and he would be very proud of your service, years of service and what very much forward to taking command of the marine corps so we wish you the very best. General neller, will command congratulations, thank you for your service. General neller, i apologize, we had to have a quorum, Judiciary Committee and stepped out briefly so i apologize for asking a question that has already been asked but i want to talk about what would be your top ground Modernization Program priorities. Right now the two top programs yet to be fielded, the joint tactical vehicle and amphibious combat vehicle. Both of them are in jail tv as i understand it, close to initial production and we should down se
Here is vonnie quinn. Europee opening lower in. Pointing to a higher open in the u. S. Indexanghai composite down more than 1 of the steepest fiveday slide since 1996. It came after Chinas Central Bank cut Interest Rates. Chinese stocks have cut their value since june. European stocks have resumed falling a day after a rally. Germany is done more than 1 . In the u. S. , futures indicate stocks will be higher at the open. The s p 500 is coming off its worst six days in four years. Yesterdays stocks sort of the open, but ended up thing down for the day. The for the open, but ended up down for the day. Jackson wyoming, will fed officials give any hint about the timing of an Interest Rate hike . Mohamed elerian has an opinion. Is certainly reduces the probability significantly and understandably so. If the volatility continues, which it will, then the fed will be very cautious. It will not want to fuel further volatility. In such circumstances, it will most likely weight and not initiate t
Right now on the russia controversy. Well go there live in a few moments. Major banks out with earnings. Jpmorgan with a quarterly beat stronger loan demand offset a decline in trading revenues. Citis results also above consensus, helped in part by lower costs and better than expected trading revenue they both mentioned brexit a year ago, jim. Really helped trading and yearonyear comp is tough joe asked me earlier which is better and i went with citi no slight to jpmorgan, their quarter was excellent, too theres fantastic growth how about this statistic you know that jamie dimon bought back 4. 5 billion worth of stock, even though the stock is up at 97, scitigroup had every line item better than expected citi gave what was considered an analyst day. And i sat down with mike korbat, the ceo on analyst day, skpeman everyone told me, pie in the sky, he exceeded everything that he said. It is a best in show situation theyre buying back 60 billion worth of stock walmart buys back 20 million
Saudi arabia over the last two weeks. Feels like these days if you want a look at the implications in the oil market you need to be a geopolitical analyst at the same time and know about the ins and outs of the mideastern policy do you think its really just a geopolitical risk premium added to the oil markets is that actually something, the saudi arabia situation, that could impact the balances overall . Well, what were seeing leaving aside the geopolitical tensions for a moment is that there has been lower Production Output in Northern Iraq because of the situation there and we saw, as we said in the report, lower than expected production in one or two other places, algeria, nigeria, venezuela, mexico, lower growth than expected in the u. S added to the fact that stocks are falling as we also see in the report and demand in reasonably strong. There are some underlyingfu fundamental factors that help drive prices, but the situation in the middle east has added further momentum in the u
Isis plot in syria. Trump tweeted it was his wright to share facts pertained to terrorism finally offering this on camera response. We had a very, very successful meeting with the foreign minister of russia. We want to get as many to help fight terrorism as possible. Ken in the the President National security advisor says he did not jeopardize National Security or hurt intelligence relationships with the allies. The New York Times reporting the sensitive intelligence came from israel. Its wholly appropriate for the president to share whatever information he thinks is necessary to advance the security of the american people. Kenneth mixed reaction from republicans. Im going to wait until i get a briefing from, a secured briefing on it before making a statement. Ken in the g. O. P. Senator john mccain called the reports deeply disturring. Democrats are demanding to see a transcript of the meeting. If it was unwitting that would be pathetic and dangerous. If it was intentional, that would