Meeting in doha on sunday. We have citigroup head of commodities saying we could see a big selloff in crude oil come monday morning if a credible agreement is not reached this weekend. And ed morris will join us live to explain all of that in just a minute. Those big banks are pulling back slightly after rallying this week. Theres another Financial Group moving higher the last couple of weeks. Well tell you what that is and if its sustainable coming up. Apple shares falling just in the last hour on those reports. I think weve got the chart. There it is, down 1. 7 , lowered iphone production in the First Quarter. Why . Well have details on that in a little bit. And after the bell today, investing guru bill miller tells us why hes buying valeant right now. Hes got big expectations for that stock now, doesnt he . Doubling i think he said. Well press him on it. Lets start with oil dropping ahead of that key opeclike meeting this weekend in doha. Jackie deangeles has all of the details. We
There are 46 million americans living in poverty today and the is we t of the reason have this safety net that catches people falling into poverty. Up, bring lift people them back into the workforce and mobility . Ard the last piece of this agenda, and its so critical to all the restoring the constitution. The president s executive overreach has undermined the constitution and damaged the peoples trust. What needs to be done to restore the separation of powers and rotect our constitutional liberties . We believe in the ideas that we would be advancing. Weve gt got a big job ahead of s but this is nothing short of a generational defining moment. Everything is at stake, and hunger in real america for solutions, for a and reaches nifies its potential, and we see it as ur duty, here in the peoples house, to offer real ideas, to headon. He tough issues we want to conquer it, america. Get to work. To cspan, created by americas 35 years ago and brought to you as a Public Service by your local
Sliding into San Francisco, heavy winds and rain developing along the coastline. It is light in livermore. I have been talking to folks on twitter. It is misty in gilroy and just depends on where you are. If you are dealing with light rain, it will push its way east and looks like heavier rain is headed your direction. We will zoom in here again. Heavy rain for San Francisco. The san rafael bridge, at least half of it dealing with a steady downpour. This is highway 24. Most of the rain through the valley. As we take it to the coastline. It is pretty bad on a typical day and with a heavy downpour and coming in from the south. Keep that in mind if you are driving around. Allow yourself a little extra time and use caution. Light rain falling. And it looks like heavier rain will start to develop in the next 20 to 25 minutes. We will zoom in here. And we have a few self containing ranges. And again, it is light for most of san jose at this hour. We turn our attention to the east east bay an
That believes if Interest Rate dposs go higher you have to sell everything. A fear that caused the dow to drop 180 points. Dow only declining 107 points. Nasdaq. 35 . A very nice come back in the end. Thats why i want to spend some time on the notion when positive things happen to economies around the world. You tend to ultimately go higher. So at the risk at the risk of being like cramer fav and what can drive stocks higher tonight im going to show you why good news is good. It all starts at 3 15 a. M. Right now german bonds are going down and that means the Interest Rates are going up. Thats causing serious turmoil worldwide. For a brief moment a month ago, if you bought german ten year bonds youre making virtually nothing. If you bought those bonds, you were, quite frankly, an idiot or i guess you never buy something for ten years that bays you next to nothing. People who put their money in these bonds were basically following did you go to college to get stupid . You are really stu
From the center for strategic and international studies. Its just under an hour. I really appreciate the working relationship i have with dr. Hamre and with csis. Dr. Hamre mentioned my desire to learn more about issues. Nobody has been more helpful on that than john. Theyve been very generous with their time working with me and my staff as we puzzle through difficult and challenging National Security issues. And what i want to talk about this morning is sort of how we continue to proceed with our fight against alqaeda and their ideology. Certainly during my time in congress, nothing has changed our policy both domestically and globally more than 9 11. Weve within reacting to that weve been reacting to that, in ways, ever since. Invaded afghanistan and iraq, you know, and as weve gone weve tried to figure out how do we fight this war effectively. Its unlike any other battle weve ever fought in a variety of different ways. And what i want to try to do this morning is set the frame for w