Sterling at 139. Having the best performing currency against the dollar. David i want to turn to guy johnson who is on the spot in london. We just got these headlines. Surprises here . Guy that is not a surprise. That was anticipated. Surroundingnguage the next rate hike that is pushing the markets to do what it is doing. You can see what is happening with the cable rate. The pound is pushing higher at this point. The market has been pricing in the possibility of an earlier rate hike in anticipated from a. From may. We are starting to see that may be returning and talking about the fact that maybe that rate hike will come through. It is not a surprise we got a 9nil vote. It tilts on the hawkish and. Hawkish end. David the time in question. Help me through this. As i read this, its his three hikes over three years. When those hikes calm is that the deal . The rocket needs to price in a little more. The market needs a little withdrawal. That is what is priced in but it is shifting it a l
St. Thomas. The next stop is the u. S. Territory of puerto rico. They are all under state of emergency ahead of its arrival in the coming hours and days. Congressman carlos mandela represents the 26th district. Mass evacuations are underway right now. He is about to have right into the eye of the storm but before he does he was with a slide. He just struck a deal on extending the debt ceiling with democrats imagine that. Working with democrats and it appears to have worked. Can he do the same attacks are formed. In just one hour he will give them major speech. The Political Panel on what the president may have to give up to go along with that plan. On wall street the markets erasing some of yesterdays 1 sell off Energy Leading the average by some neat points. But we do have gasoline prices calming down yet is another liquid that is a bubbling higher. Lets start the countdown. If ever there were a group of stocks leading the Dow Jones Industrial that grade hurricane effect. The home dep
Speak. There has been some looting. Miami was on lockdown overnight to try to prevent it. Nine arrests in Fort Lauderdale. Now, the millions who evacuated do not know at this time when they can go back and what theyre going back to. Irma is now a Tropical Storm, still lashing north florida and georgia. It hits atlanta in a couple of hours. So why are stocks going up . It looks like a tripledigit rally about a half hour from now. Well, there are several factors at play. Irma bad, yes, it is. But perhaps not the epic catastrophe that it might have been. And the money that is pouring into texas and florida may help the National Economy in the long run. President trump is getting favorable reviews for his handling of the crisis. That may help the push for tax cuts. And finally, north korea did not launch missiles as feared. Add it up, and on this the 16th anniversary of 9 11 americans have pulled together to deal with backtoback disasters. Yes, they have. Varney company is about the begin.
If republicans pass this bill, they are the death party. Pete arer doocy has pete arer doocy has our report. This bill is currently in front of the United States senate. Its not the answer. Its simply not the answer. Reporter nevadas dean heller says hes a no and he isnt ready to negotiate. President trump seems confident in his aby the to flip four other republican senators. Cruz, lee, johnson and paul. They are four good guys and friend much mine. I think well get there, well have to see. The president s secretary tom price, the legislative affairs team has been providing Technical Assistance and working with Senate Leadership to talk about changes that might be necessary. This is not a perfect bill. And i understand senator palms concerns. And i share senator pauls concerns and i share some of them. Reporter even red state democrats are firmly opposed. There is not democrat i know of that will vote to repeal. Reporter the man obamacare is made after has reentered the fray. Barack ob
If republicans pass this bill, they are the death party. Pete arer doocy has pete arer doocy has our report. This bill is currently in front of the United States senate. Its not the answer. Its simply not the answer. Reporter nevadas dean heller says hes a no and he isnt ready to negotiate. President trump seems confident in his aby the to flip four other republican senators. Cruz, lee, johnson and paul. They are four good guys and friend much mine. I think well get there, well have to see. The president s secretary tom price, the legislative affairs team has been providing Technical Assistance and working with Senate Leadership to talk about changes that might be necessary. This is not a perfect bill. And i understand senator palms concerns. And i share senator pauls concerns and i share some of them. Reporter even red state democrats are firmly opposed. There is not democrat i know of that will vote to repeal. Reporter the man obamacare is made after has reentered the fray. Barack ob