Host will you for your politics is anyone. I think marsha left would be the easiest way to summon up. P. J. i was a leftwinger but, i did not make enough sense to actually be a communist or anything like that. Host when did the transformation occur. P. J. it was gradual. There is a book coming out, i just about this. Its coming out from the Hoover Institution is backing this. It is called why i turned right. This is to rebut a bunch of us who went right. It is a long story in a motel it will give you the short version. I was a radical left. Very much in favor of some sort of socialist thing in america. I got a job. And i get the job paying 150 a week. I was a messenger in new york. That was a lot of money as far as i was concerned. I was living down in the lower east side. I was very broke. I get paid every two weeks. I was really looking forward to that 300 bucks. And so was my landlord mistake. In my drug dealer. Among other people. I got my first paycheck and i got down to 178 or so
Heard in the vicinity of the president ial palace as schrock on he made his inauguration speech on started speaking again was the noise subsided, telling attendees to stay calm. Ghani, the former president , took the oath of office today, after he was declared the winner of todays contested president ial election. The former chief executive who also declared himself the winner held a parallel ceremony in the capital. Both claim victory in the contested vote that was marred by allegations of vote rigging. The head of the International Atomic Energy Agency warned iran today that he expects to get access to the undeclared suspected nuclear sites. His warning follows the announcement last week that it identified three locations in iran where Nuclear Activity may have taken place without being declared to international observers. Of denial ofcase access under additional protocol. We never had this before. Second aboutr a iran. If i get a denial under additional protocols for complementary a
Worst. Yep. Talking about the coronavirus. Which the needs now tells us cannot be contained. And thats really why the dow plunged another 879 points today. S p 3. 3 , and the nasdaq 2. 7 on top of yesterdays hideous losses the dow has now lost 1,911 points in a row. Thats a decline of 6. two days now, you dont need me to tell you that this is serious stuff, especially if the director of the National Center for immunization and respiratory diseases told us this afternoon to now expectist significant disruption in our lives. Instantly that became conventional wisdom, thats the reason we told off so hard of course it is more complicated than that, right the stock market is following the much larger fixed income market where buying yields are currently hitting record lows. All sorts of maturities. The ten year is at 135 . The stocks got crushed the market is screaming that this pandemic will cause dramatic decline in Economic Activity both here and around the world. When the bond market sp
Good morning and welcome to the show im dominic chu in for Brian Sullivan we begin with breaking news. U. S. Stock futures pointing to a sharply lower open as losses accelerate this morning. A flight to safety under way in bonds as well. Stocks moving to the downside. The tenyear yield dropping to its lowest level since july of 2016 in the wake of the brexit vote a rally in gold prices playing out. The metal surging to a near sevenyear high. You can see gold prices up 2 . 1685. 40 the last trade there a sharp move in crude prices as well for world benchmark tti or brent prices and tti as well wit this mornings selloff comes as investors continue to watch developments around the coronavirus outbreak and spread in places outside of china, like in south korea our own Frank Holland is here with the latest on those numbers. Good morning. Good morning to you thats right new numbers overnight on just how serious this crisis is becoming in south korea. There are now more than 230 new confirmed
Economy some more and the dow will hit, wait for it, 32,000 this year. Thats optimism. Were at 29,000 right now. Then theres this, the New York Times issues its endorsement for the democrats nominee. The times is the bible of the Democrat Party and they split their decision. Theyve endorsed Amy Klobuchar and Elizabeth Warren. This is fascinating. Not biden, not bernie, not the former mayor of new york, bloomberg, no, left and far left is the times choice. Later today, the president flies off to the global elite get together known as davos. Picture this, please, the president fresh off trade wins and a growing prosperous economy, addressing over there while the trump haters over here try to impeach him. Im not keen on the expression but you cant make it up. Varney company the tenth Anniversary Edition is about to begin. Stuart watch out. Situation, step aside. I dont have tattoos and i wear a baseball cap the right way around but im going to fit right in, google. Weather, new york today