Lets begin by going to some of the most pressing questions that you are facing. Consider all of the things you are dealing with right now. Washington disfunction, geopolitical uncertainty. North korea, First Quarter earnings and Everything Else. Should you buy or should you beware. Trading the macro is difficult to do. We are in what is known as a time correction. We have corrected from march 1st for it to be a deeper price correction. I dont think that comes from a geopolitical event, an economic event. I think it comes from technical risk. What i mean by that is everyone hedge funds, money managers, were talking about moving averages. So technicals right now to me are the biggest ricks. If you go back to february 21st we havent moved since then. The good news is that expectations for infrastructure are now back burner. Allegedly bannon was the guy that was pushing the big trillion dollar plan in the white house and now hes not out the door of the white house, hes out the door of the
Todays heat means a short day for some eastern iowa students. Right now, at least three districts, including iowa city, are dismissing class early. You can see the realtime list of early outs on our website, cbs 2 iowa dot com. Right now, president obama is on a historic visit to the country of laos. Hes the first sitting president to isolated Southeast Asian nation. Nation. And as Margaret Brennan shows us, hes already in the middle of a diplomatic dispute. Dispute. It was a shocking insult from us, hes already in the midi of the diplomatic dispute. Nobody but nobody reporter it was a shocking insult from u. S. Military alley you must be respectful. Reporter speaking, the philippine president told reporters that he called the was president , a son of a pitch, if questioned about his more than 2000 suspected drug dealers since july. When asked to respond, president obama chose his words carefully. I have seen some of those colorful statements in the past and clearly he is a colorful gu
Newcky start for twitters china had. Head. Let us know what you think. Follow me on twitter. Please use that. The bank of korea keeping benchmarks Interest Rates on hold. We are looking for whether we are getting a cut in their growth forecast and a cut in their inflation forecast. We are waiting for those details to drop. Lets take a look at the trading day. Juliette lets have a look at the korean yuan. Up by half of 1 . It was very much expected, that Interest Rates would be left on hold at 1. 5 . We are looking for clues as to whether there will be that cut. It has been a good day for the korean market. It is continuing to hold on to those gains around half a percent. We have malaysia, singapore coming online. We have a strengthening ring get strengthening malaysian ringgit. The yen is back down against the dollar. Some solid support coming back through the region. The asx 200 up 1. 5 . A flat pick up coming through in new zealand. The kiwi dollar is at its highest level since june.
With us. December getting off to a wet start, lauren. You know, i was supposed to go to the gym yesterday because i skipped thursday, friday, saturday, sunday. Because of the holiday and you are out the of town. And then we hung out at Reading Terminal market yesterday afternoon. And how much did you eat. I skipped the gym. Every time we walk through we did a promo which is fun to get everybody together in one time. It is just so tempting. Everything is so wonderful there. Gorging on food. You have to make a decision every time you walk through there. Well, i think it was probably mobbed at the gym yesterday because everybody who felt guilty about the weekend. It was too crowded. You wouldnt have gotten a machine, you know. This was called rational says, folks. Lets lot at rain all over the the place, few breaks in the action as we lot at direction the the rain is moving. It is from southwest to north east. So weve got a break, a few areas of drizzle, and then more rain coming. If you
Pronounced dead this morning. Machines the only thing putting breath into his little body. And tonight as family members prepare to say goodbye, they have a message for the men they believe killed him. Shame on you for just going right by here hitting two innocent lives taking one and youre out there like nothing. Like how dare you . And dont think you can hide. Heart broken family members of twoyearold david cry out for justice outside their home along the 2700 block of masher street. Standing feet from the very spot david and his mother 19yearold Josephine Rivera mode down monday night by this white 2007 infinity sedan speeding down their street. A beautiful gorgeous, handsome little boy whose going to be missed. Always happy cant say nothing much. Always a happy baby. Reporter bright happy boy now brain dead and on life support at childrens hospital. His mother suffered a fractured skull and pelvis. Doctors are treating her at chop so she can be by davids bedside bedside. The family