Anticipated so today was cpi, Consumer Price index, and we got 3. 7 yearoveryear, 0. 4 percent month over month. Anna, what do you think about the numbers we got . It does look like the fed could it does have cover to raise rates again if they want to. I think this is not the type of report that could convince the majority of fed officials that rates are sufficiently restrictive. We saw from the fomc minutes yesterday that many think rates are near or at but i think this report shows it is more likely to be near rather than at sufficiently restrictive. Matt so we did see in the dot plot, 12 at a 19 say one more hike for the year, at least that was their expectation for where we would be. They did not know obviously about the situation in the middle east the way that would unfold or the moves having nothing to do with geopolitical events in long term rates p release all them sore last week. The tenure hit 10 year 488. To those two things change the outlook . I think the reason for why t
Play and youtube. Do not miss our interview with a Theater Owner who screened the film. First the markets at record highs. S p 500 set for its 52nd closing high of the year. Will the rally continue into the new year . Joining us, hank smith at haver haverford trust. Do you expect this record to continue into 2015 . Yeah. We wrote about it last year and again we are writing expect pullbacks, expect corrections. They are a normal part of any bull market. We havent had a correction in 3 1 2 years technically speaking, a 10 decline. They should be shortlived and relatively shallow. Theres been lack of participation with retail investors. This is one of the most hated bull markets in history. People are now finally looking to enter the market and they are going to buy on the dips. Is that a good sign for the market . We were talking to a trader last hour who said when retail finally emerges, you want to sell. Thats a long process. It just doesnt happen overnight. This market is not cheap, b
Run below average. Upper 40s to low 50s with increasing clouds this afternoon. It will be dry during the daylight hours. Now, the friday morning commute. Good morning, it is very light and we have 27 bart trains that are running on time but if you are going to be skipping the mass transit and taking to the cars you are looking clear on highway four from antioch to pittsburg and concord with the top speeds there but 680 is clear. At the 24 interchange, you are looking at a great job. Mass transit, everything is running on time and bart and muni and caltrain, no problems out there and a look outside at the bay bridge toll plaza where it is wide open with a few cars trickling in from the east bay into San Francisco. Marzullo have been talking to folks about the freezing temperatures. It is cold im freezing i. It is 33 because my weather app told me that. But there is a freeze warning until 9 00 a. M. And i am not crazy. Also, people are taking precautions we have been telling people about
The fbi from doing its job . Did he throw his official influence behind efforts to bend justice from the truth . This is the quest that Robert Mueller per sues to see if the president obstructed justice. We start with breaking news from the the New York Times that reveals new details about the materials that the special counsel has requested from the white house, requests that shed new light on the direction of the ongoing probe. We also tonight are following two natural disasters, of course in puerto rico, Hurricane Maria made landfall as a category 4 store, knocking out power already to the entire island. It may be months before its back on. In mexico, more than 200 people are dead after a 7. 1 magnitude earthquake. The death toll is expected to rise of course as the rescue crews continue to search the rubble in the countrys capital city. Well have live reports coming up. First, to the russia investigation and the document request special counsel Robert Mueller has made of the white
Sam Bahadur Box Office Collection Day 12: Sam Bahadur, starring Vicky Kaushal, is still holding well at the box office, although it is up against Animal. The film has minted Rs 61 crore so far - Check detailed analysis! - Sam Bahadur Box Office Collection Day 12: Vicky Kaushal’s Film Witnesses Growth After Breaking Even, Healthy Weekend Ahead - Check Detailed Collection Reports!