Them could impact the business world. And a new peek at the hyper loop. 060 in 1. 1 seconds. Phil lebeau is there and well have the latest del tails. Holy cow. Plus the governor of North Carolina will join us to discuss the impact of that controversial bathroom bill thats caused hundreds, from businesses to boycotters to ban his state. Take a wlook at all of the names being dragged down by macys. Sales missed expectations and also slashed its outlook for the year. That is its fifth straight Quarterly Sales decline. Rick snyder who had a hold rating on macys. We saw this take the whole sector down. Is this telling us how the consumer or brick and mortar is doing . Im not sure it is necessarily about either. I think it is about categories. And i think a lot of it is about weather, kelly. We havent had seasonal weather now for about a year. And i think if we can get a good cold winter the stocks can pick back up. You are telling me that 15 drop is on weather . If thats true that would see
Level, before big deals get done . Where Companies Feel comfortable selling or buying . Typically. Whether that is economics are e confidence, its like Energy Executives are like any other executive. They will do things when conditions are good and when there is positive momentum. Because investors will follow that and they it takes a lot to print a transaction in an environment where he have a tremendous amount of volatility. One of the positive developments in 2016 and we are so going to hit 3 trillion plus in m a, a pretty nice number has been asian, mostly Chinese Companies going outbound, Chinese Companies looking at deals either in the United States or europe. Wire the chinese looking outside . Are they concerned about that why are the chinese looking outside . Are they concerned about their internalare they concerned abour internal gdp . . Are they worried about the slowdown or looking to expand into other regions . The driver for china to look outside have been strong and conti
Bank rallied. Coming off record lows from the equity come this story has legs. This withill follow the former Philadelphia Fed president coming up in just moments. Later, the ceo of one of the largest u. S. Automakers, ford, will be joining us. A lot to look forward to. Jon, we are seeing a little bit rally. Of a relief that has been the story over the last couple days. Deutsche bank up on the session. Similar story on the ftse. The fx market, not much price action. The opec jawbone in overdrive. That story has legs. The commodity market is a little bit stronger. Brent up by 2. 4 . Almost streaking back to a 47 handle. Twoyear yields in germany, alltime low yield. Today, in a secondary market, worth 1. 5 basis points. Yesterday, negative, negative, negative, negative yields. Bonds are back in their box. Alix what happened to the yields backing up . That seems to have gone off the ledge. Lets check in with their bloomberg team. Guy johnson is in london having the latest on the Banking S
Investigated the incident. This is two hours. The House Committee on Homeland Security subcommittee on oversight and Management Efficiency in the Governmental Affairs on subcommittee on Regulatory Affairs and federal management will come to order. The purpose of this hearing is to examine failures at the u. S. Secret service and their implications governmentwide. The chair recognizes himself for an opening statement. In september, the the dhs office of Inspector General of the oig released a report on its four month long investigation into improper access and distribution of information within the secret service. The findings were alarming. Widespread violation of the privacy act and Agency Policy occurred by secret Service Employees who access and distributed information on a number of congress past Employment Application and Senior Management did nothing immediately to stop it. Inspector general john roth stated the episode was deeply disturbing. In addition, director clancy announce
That has always has always been a significant part of the rental landscape. Family construction which we talked about before theres quite a bit going on, the highest highest in 30 years, maybe we so it is a million six of approximate and actually 5 million of singleFamily Rental. That is where the renters have gone. Now what is really interesting to me and this is the chart that i follow her and is about to be updated. This is obvious in some ways, we know that incomes have been stagnant, we know rents are rising but the spread between those two, which really you have to stabilize the dollars and one thing i can tell you for sure based on either of the projections that you just heard and what the fact that over 85 of the family construction is at the very high end. This is not getting any better anytime soon. Then we have just to make you feel even prouder of how good this housing economy is, we have a huge problem coming up over the next ten years in terms of the loss of already subsi