Of military showdown. That context, there is no good argument for us to try to undercut undermine the negotiations until theyve played themselves out. If iran ends up ultimately not being able to say yes, if they cannot provide us the kind of assurances that would lead myself, David Cameron, and others to conclude that they are not obtaining a Nuclear Weapon then were going to have to explore other options, and i will be the first one to come and say we need to tighten the screws. Congress should be aware that if this diplomatic solution fails, then the risks and likelihood that this ends up being at some point a military confrontation is heightened. Congress will have to own that as well. That will have to be debated by the American People. We may not be able to rebuild the kind of coalition we need in that context if the world believes we are not serious about negotiations. I take this very seriously, and i dont question the good faith of some folks who think this might be helpful. I
Line, General Mills exceeding expectations. Prime minister netanyahu declaring victory in israels election. Tim cook explains why its okay that you dont flowknow yet why you need his watch as apple gets set to join the dow after the bell today. Investors bracing for the fed statement. See theyll drop the word patient. Janet yellen will hold a News Conference. Well have complete coverage of the fed decision beginning at 2 00 p. M. Eastern here on cnbc. Its being called the end of an era, end of the zerp era and end of an era that promises low rates for a given period of time. The word patience. The reason its important, if she does remove it it gives her flexibility to lay the groundwork for Interest Rate increase as if it werent a high stakes fed meeting, how about the letter from ray dalio, major Macro Hedge Fund strategist, talking about risks here. To be clear, we dont know nor does the fed know how much tightening will knock over the apple cart. What we do hope the fed knows, which
Go irish. Good monday morning. The band is back together. Awfully nice to have david back. Im back. We have jim cramer, and david fabe, as they say in france. The single best week for stocks in over a year last week. Europe has lost a little ground this morning despite Investor Confidence numbers coming in at an 18month high. The s p starts the week at fiveyear highs. Even as the lines are drawn in the battle over spending cuts and the debt ceiling. And then there is earning season. Kicks off tomorrow with alcoa. Banks in the spotlight this morning, bank of america settling with fannie mae with mortgages it underwrote during the housing boom. Citi submitting to the feds. Revising up, gdp forecast to 81, saying investing in the mass market stocks is the way to go. Potential cuts at the Magic Kingdom reports disneys got internal costcutting review under way. The question of the day, can the new year rally continue. Last week the s p jumped 4. 6 to a new fiveyear high. Not only is wall st
Since december by anti outside rebels are finally free. Jenny is half of the county collected that impacts all the Malaysian Airlines plane with two hundred and thirty nine people onboard has been missing for over now with no clear sign as to what exactly happened investigators say they are not ruling out any possibility for the moment china hopkins hospital dearie comes to Multi National Center Creation continues its c section for non textbook to clementi planets that might be kind to the missing plane. She got to be said to last nights the rectangular object was to be one of the pillars of projects now missing for a petite days. That entry was posted in more tears of Southern Vietnam in the same and in the salon to illustrate the scene on saturday. Its safe i made great ease. How was he the sentiment. We are not from anything yet. He has to be pulled from it. Knowing that now. Then during triples seven was carrying two hundred and thirty nine people when it lost contact with Ground C
If they taper i would be surprised as i was back in september when they didnt. That is why everyone is sitting on their hands today. Lets go to the big picture three charts that will show you whats happening right now. Not a lot happening. 25 . P 500 is down if you look at the 10 year, not a lot of action. This is the fourth day in a row weve traded back and forth between 284 and 288 great people just waiting to get some sort of decision out of the fed. Downa look at gold gold by not a lot, about 14 bucks. 17 , oneold down about of the years biggest losers. We are watching hospital stocks after a November Survey came out from citigroup that found inpatient hospital admissions fell year over year because of the changing environment in the medical industry. Following his tenet healthcare, shares down a little more. They have pared some of their declines. On the upside, we have 3m making a number of different announce different announcements. They have a 22 billion hide back authorization