Cut. Also ahead, a rough morning for Health Insurers. Medicare investment rates come in short of expectations. Ge shares have been up sharply. The company now completing its final split by spinning off its Power Generation business. Ge aerospace ceo and larry culp and ge fernova scott stray sikh joining us a little later. We mentioned the tenyear going back close to 4. 4. This started with the ism data yesterday. Its constant. You look at it, just drips and drabs. The market is reacting in a curious way. Yesterday the nasdaq finished up. I thought that was incorrect. These are the stocks that should be getting hit, david. I do think this is a very important moment in the market because we had for dot ten about ra rates. Well, we did yesterday. A mistake for the nasdaq to be up . What does that even mean . I mean if rates go up, you want to sell the high multiples you also want to keep an eye on the companies that have a debt stack that needs to be refinanced. There were hopes at the ea
Addressing his departure on twitter this morning. And brexit polls from the uk cant seem to lock down which way thursday will go. And then theres George Sorros issuing a major warning against a departure, even David Beckham is weighing in. But first up in about an hour from now on capitol hill fed chair yellen will kick off two days of semiannual testimony on Monetary Policy and the economy. Today its before the Senate Banking committee which is expected to grill her on everything from rates to brexit. Of course well bring you live coverage once the fed chair begins her remarks followed by the q a session with lawmakers. Some discussion it might be more contentious than usual even with her recent comments in the meeting last week. On both sides a lot of people saying get it over with. Admit things are weak and what are you going to do about it. What is she going to do about it . Its not up to her. Look at germany last quarter very interesting what the finance minister say. Look, we had
Been under. First of all, lets talk about the issue of wall street regulation. Dodd frank. Donald trump wants to get rid of it, repeal it. Hillary clinton says she wants to strengthen it. You talk about tax rates. Key interest to lots of investors. Donald trump wants to take the top rate down from 39. 6 to 33 . Hillary clinton wants to raise it to raise revenue for all of the spending she wants to do to 43. 6 . A state tax. Another area. Donald trump wants to get rid of the estate tax. Hillary clinton wants to take the rate, currently in law, at 40 up to 65 for the wealthiest estates. That is estates with couples valued at over 1 billion. And finally, there is the issue of uncertainty, which is always a matter that wall street cares about, whenever we have a change of administrations. What kind of change would donald trump bring . Nobody can predict that with certainty. With Hillary Clinton, she is much more of a known quantity. Her husband served as president for eight years, she serv
Balance growth and reform as they debate the next fiveyear plan. They are expected to target growth. Investors want to know how they will boost it and rein in debt. A single the markets. Hong kong and china are currently closed for lunch. Heres how they were training in the morning session. This is the picture in tokyo plus, Silicon Valley side with apple. Also, microsoft and more. How was the legal fight shaping up . We will bring you the latest area and apple checks out voice controlled gadgets. And what they are planning. But first, Hp Enterprise that shares getting a boost in afterhours trading. Remember, this is the bigger of hp entities for business clients. The Company Forecast profits 49 to . 43 a share. They are perhaps taking that as a sign that they are showing early returns. We have now completed our first full quarter as an independent company, and are off to a strong start. We are a smaller, more focused and Agile Company across a number of fronts. Our partners enjoy our
The country for nuclear test and a rocket launch. Was at it again. They launched shortterm projectiles into the ocean. Global news 24 hours a day, powered by 2400 journalist, in more than 150 news bureaus across the world. Bloombergrumpton, west, is next. Hpe shares topping after hours, as the company shifts, showing early returns. We take a close look at the earnings report. Plus, Silicon Valley side with apple. Also, microsoft and more. How was the legal fight shaping up . We will bring you the latest area and apple checks out voice controlled gadgets. And what they are planning. But first, Hp Enterprise that shares getting a boost in afterhours trading. Remember, this is the bigger of hp entities for business clients. Profits 49 forecast to . 43 a share. They are perhaps taking that as a sign that they are showing early returns. Here she is on the investor call. Have now completed our first full quarter as an independent company, and are off to a strong start. Are a smaller, more fo