Executives just moments ago. The leaders from Multinational Companies like adidas, see mens, necessarily si mens and many more right there in davos. America, he said, is the land of opportunity, and his America First vision, he says, includes global cooperation. So the president did arrive at the World Economic forum very early this morning saying the message hes hoping to send is of great prosperity and great peace. Hes already called his visit a success after seeing, quote, tremendous investment in the american economy. Weve posted our own countdown camera in davos. Bane capitals chair telling us what the vibe is like there. Very different with this first president ial visit since bill clinton. And how the worlds elite view his America First policy and his own business. Plus, they call him Vladimir Putins banker, vtb Bank Chairman and president andre costen answering the questions head on, did he try to help President Trump build trump tower moscow, and is he a kgb spy at one point i
Is not often the way we end. On thursday and friday you werent here thursday and friday no. It continued. The bill murray bottom, which we were up 300 points on that friday, suddenly up 1200 points. We made back about twothirds of the losses. If we were to close down over 200 today, the dow would fall under 25,000 so were back to 25,200 again. The art cashin has the from a month ago where people were like, oh, my god it needs to be kept in perspective. 291 on the tenyear. Youll look at that later. That 2. 6 or 3. 0. What did he say he said thats the question 3. 0 is more likely. In asia, some markets are still out now. They have been closed because of the Lunar New Year the nikkei down by 1 . The hang seng down by 0. 78 . In europe, many of the markets are mixed. The dax is flat. Cac is up 0. 2 the ftse down by a quarter percentage point if you get to treasury yields, the tenyear is what weve been watching just below 2. 91. Home depot just out with quarterly numbers. Retailer reporting
Banks, although they since recovered from the losses, and are now one of the best performing groups. Coming up, whether a bank breakup is good for the industry, the economy, investors, joined by independent Community Bankers of america ceo, cam fine, and the former ceo of wells fargo. Caterpillar up 10 over the last month and could rally another 20 from here. Coming up, debating whether you should be buying this dow component or selling it right now. But we begin with the old adage as you mentioned, sell in may, go away. Referring to the six months strategy from may to september in which markets historically perform worst than the rest of the year. We look how sell in may has really worked out for investors or not so much lately, dom. It all depends on statistics and looking at the overall picture for stocks because theres any number of viewpoints and any number of time frames to look at with regard to whether sell in may and go away actually ends up working, so we asked our data partn
The forecast high today in birmingham, alabama will be 54 degrees. That is shattering a record for cool. If youre from alabama, you say 54 . Yes. It is unseasonably cool. In unseasonably cool in the southeast. Atlanta will only be 57. San francisco maybe warmer than atlanta and birmingham. That is still below average which is 64. The record was 93 and nine teen 97. The wind is in place. Gusts at 21 at sfo. There is also a roaring delta breeze. Everything is in place for a big drop in temperatures. 50s, 60s. If you are looking for warmer weather, maybe early next week. Until then it will be cool and windy even with rain possible in Southern California on sunday. We do not have a lot. We do have slow traffic at the bay bridge this morning. We are going to start their at the bay bridge. It looks like traffic is going to be busy as you get to the san mateo bridge as well. Westbound bay bridge is not bad if you are driving into San Francisco for this time of the morning. 1520 minute delay.
Abrams with the Commonwealth Fund, and we thank them for their since medicaid was the medicareside program in 1965, it has grown into one of the most farreaching programs in our country, in terms of the number of people it serves as low as their health and life circumstances, and the cost of the program. It is run by the 50 states and territories within federal guidelines and financed by both the state and federal government. So while medicaid policy has National Implications it of course has major implications for states and their citizens as well. As we know, major changes to the Medicare Program have been at the forefront of recent Health Care Policy discussions and are included within legislative proposals in both the house and senate. Today we will talk about what those proposals are, how they would work, and what they would our in practice based on best evidence and projections. I just want to make a special note because while it is really easy for medicaid policy to get very won