Bank of japan refrain from extra stimulus. They say the countrys economy can maintain its pace of recovery even after an increase in the sales tax last week. U. K. Industrial conduction rose more than economists forecast in february on a surge in factory output indicating economic recovery of a sword. In britain, wage growth accelerated in the fastest pace in seven years. Economic data as well and earnings, of course, we have alcoa coming up after her the bell. I know scarlet is focused on jpmorgan. Lets do a data check. Economic weekend. Futures churn, 10year yield is important, moving to 2. 70. Crude is still elevated. Onto the next screen, little more substance. The vix shows the angst out above 1300. Old back the yen, a little bit of a risk off field to the tape overnight. Here is a what they are looking at in ukraine. Ukrainethe currency of back 20 years. Lousy, week. Imf into the meetings this weekend or as another bout of weakness in ukraine. That is the tension of the ukrainian
Orders looking flat. Consumer demand is measured. Capital goods coming out as a measure of corporate demand, looking up. I will bite you. [laughter] easy, easy. Dont do it, i will lose my contract with adidas. 9 45, pmi, purchasing Managers Index. A lot of earnings. Noble, General Mills, monsanto, bed bath and beyond. I need towels. Gopro is pricing tonight. 2123 . Begins trading tomorrow. President hosting shimon perez at the white house for lunch. Beyonce and jayz kicking off their first combined national tour. Not only are they married, seeking together. The summer concert series. They are not the two that went to florence. No. Kanye counts them as friends. Odds on how long that lasts . This is number three, kardashians. We look at the inner tame industry. Stocks, bonds, currencies, commodities ugly yesterday. 0 points. , down 10 yields have come in, 2. 6 to 2. 58. Nymex crude, 106. 56. 12 on under 11 to above the vix. Dow down. Two year yield gets my attention, creeping higher. Wor
They are telling us that the Hedge Fund Investors should pull their money out. Itcome to Market Makers. Is december 9. It may appear that i am all alone, but i want to talk about elf on the shelf placement. Erik schatzker is joining me. He is at blackrock headquarters. Good morning. I am just a few blocks away at blackrock World Headquarters. This is the World Largest asset manager. They have 4. 1 trillion. It pays to listen. I am here with the Investment Outlook. Im going to be sitting down with the president. He is one of the cofounders of the firm. Also, three of their other big stars we will talk about this outlook. Let me remind you that you will not the larry fink. He is traveling in the middle east. He will spend some time with the clients. I did sit down with him on friday. We talked about his outlook and many of the things that youve heard him say before. You need to invest in stocks. There is no return to be found. Inevitably, we got to talking about regulations. Tomorrow, we
Someone new in the driver seat at General Motors. Is succeeding dan ackerson. She started as a plant engineer on the factory floor when she was just 18, and the rest of her resume stands on its own. She was head of manufacturing, but religious given the second half, head of product of element in 2011. Her real calling card is cutting management layers, cutting red tape costs, and trying to taper what gm does while still building cool cars to make money. Barras appointment would make her the first female ceo for an auto company on the entire planet. She was asked what it was like to be a woman in a traditionally maledominated business. I worked at General Motors for 33 years with wonderful people. I always have been evaluated on what i contributed and what results i was able to obtain into your organization, but we come together as a team. Putting a car or truck on the road is a team sport. I just view myself as part of a team. If by being a woman i can encourage young women who like ma
As far as earnings go, Urban Outfitters reports at 4 00 p. M. Brunomaker moleskin cucina lee cucinelli he makes those fancy coats . I dont wear them but maybe scarlet fu. All the wicked fancy guys. And wicked expensive. Wicked. A boston thing. Lets do a data check. Stocks, bonds, currencies, commodities and futures flat, 10 year yield turning off the better than good jobs report. The euro, 1. 3877, higher through friday and through australia this morning. Nymex crude goes nowhere. Foreign exchange, the yen, desperateally getting into weakness and the ruble stays stubbornly week for mr. Putin. , a decline. Again, off of china. How about a chart from the bloomberg terminal . China boom, and we collapse. A classic rollover. A lower highs and lower lows. Not good. Leland miller will join us this morning. He has been dead on on the slowdown in china. Really looking forward to the conversation. What a busy weekend . We scoured the papers. Scarlet fu gets us started with a difficult story. Ni