On cnbc. Im sara eisen. Do i not get a welcome back . Welcome back from washington, a whole 24 hours. I know. How was it . It was good fun, thank you. Well discuss that story coming up. Wells fargo, and another hearing to come today. Busy time down in washington and the fed meeting. Lets get to equity features at this hour. Yesterday we did have a positive close for all three indices, but fractional. Just higher about 0. 1 . We lost steam during the day. Its been treading water this week ahead of the crucial fed meeting, the bank of japan meeting well get to in a moment. Here are the u. S. Futures, higher by 70 points for the dow. A half percent positive open for u. S. Markets. After we lost the gains again yesterday, the dow closing up ten points. Some trepidation ahead of the big Federal Reserve meeting, but there is buying this morning. The top market story of the morning is the bank of japan rebooting its monetary policy. The boj did not cut rates further into negative territory or
It is manmade. What are the basis that they the basis to the determination that this is a issue . Melanie scientists are telling us Climate Change are happening, we is real, humans are the cause of it, we must react. Much like when a child has a fever. It is an indication of other system other symptoms that are out there. That is what is driving the president and secretary of state to take action as quickly as possible. Obeyi dog vago wise this a security issue . Are shared prosperity agenda, Climate Change has the bulleted to undermine all the developments we have made in each of those areas, whether it is a dressing droughts and humanitarian responses. Ours a critical feature to diplomatic policy. Bank volv vago what is the dod need to do to prepare for the implications . Dan the department of defense needs to anticipate the challenges in the security to security environment. They look at a number of key trends, things like economics, political demographics, and so forth. As we do wi
Stocks and stories making headlines today. On the ebolaorts outbreak in west africa. But we begin with still mattingly on the primaries and the impact on the Republican Party. How are you . This week marks the end of what has been an intense battle inside the Republican Party between the Tea Party Wing and the establishment wing. The total for that battle 135 Million Dollars. That is what we totaled. An immense amount of money that really split the party in two. The key question has been throughout, who will be the winners coming out of this . It is a bit of both. On the establishment side, you have the u. S. Chamber of commerce, the nra, the super pacs. You have on the tea party side, groups like club for growth and the Madison Square project. The big winners throughout at least on the senate side, appears to be the establishment, with the slate they are bringing to the election, largely the individuals with big money are better than the last three cycles. Talk to us about democrats.
Since 1950, there have been 17 other instances when the s p is up nearly 20 on the year. The index finished positive the following year 82 of the time. Positive the following year, the s p finished with a gain of at least 7 , 86 of the time. Given the rally, its not surprising that stocks mutual funds are set to see their first annual inflows since 2005. But not everyone is convinced or confidence in this run up. Investorers forward more than 21 billion into money market funds on fears of a potential pullback for stocks. Those came as investors pulled funds from the previous week. Now, we are watching the tenyear. Now, the bet was on the tenyear. I dont know if we want to do the bowing now or how we want to work this. You said they werent going to taper. Im out of this. I lost. Im not even trying. Listen, here is the deal. And even on that friday i forgot about the bet. But on the friday when it was supposed to end and it was the close of that day, it was less than two basis points hig
An address to congress tonight. And stocks getting a slow start to the week. The s p falling for a fifth straight monday. Today is tuesday, anyway, february 12th, 2013. And squawk box begins right now. Asian markets shrugging off the tests in north korea. But markets in china, taiwan remain closed. North korea says a miniaturize ed Nuclear Missile was tested. The u. S. Ambassador to south korea responding to all of this. Its a very provocative act that undermines Regional Peace and stability and i think it would be critical for us to coordinate very closely with you and our colleagues in south korea going forward. Were going to talk more about washingtons reaction and what this all means for geouncertainty and our guest hosts for this hour, Jared Bernstein who works as the chief economist for joe biden. Tony is joining us and Capital Alpha markets managing director Chuck Gabriel. Theyre also going to talk state of the union. John harwood sat down with dave axlerod yesterday. He will jo