Quit. Opinion polls wobble back and forth. Right now it looks like a dead heat with both sides commanding about 44 of the probable vote but 12 remained undecided and in those undecided hands lie the future of an organization that dates to 1957. Britain joined in the 70s, an organization that has never had a member pull out. Investors around the globe have tip toed around the vote. U. S. Stocks had modest moves lower and the dow jones finished at 17,781 and nasdaq dropped ten. Since no nation has ever left the ue before no one knows what the Economic Impacts could be if britain pulls out but what is certain economies around the globe could feel some dislocation. Thats a fact not lost on fed chair janet yellen who has weighed in. What might the votes impact be on the u. S. Economy and markets. We learn more from london tonight. Reporter voting begins tomorrow in what british leaders are calling a once in a generation vote. The results will be felt outside the uk including on the u. S. Ec
Tie fell out of your pocket again, andrew like it did the other day and no one there that looks good. I figured today was one of those days. We spent some time on a farm yesterday, joe. Thats right. You head back out to the north 40. North 40, andrew, is a term that people out in that part of the world use for the 40 acres that are north 40 . Yeah, andrew is going to be bringing us up to date on everything thats happening in Middle America right now and give us a real view from the front lines on all of this. Well be back with him in just a few moments. Joining us is the u. S. Managing editor for the financial times. Well get to her in a moment because we have to talk about Deutsche Bank and whats happening. Thank you for joining us. First lets get a check on the markets. Take a look at u. S. Equity futures. Yesterday was a down day. Dow down by 200 points on concerns about the Deutsche Bank. S p was down by 20 points yesterday. And the nasdaq was off by 50 points. This morning things
Its called the stack. Thats the way the stack works. There it is. Look at that. I see whats going on. The yen is weaker. The first time in eight days. You just have to laugh. All these Central Banks trying to hard to intervene. Japan desperately every time the central bank of japan does something, their currency gets stronger, not weaker. Instead of these half measur measures, why dont they pay junk bond yields to people to borrow money . Give them 13 , 14 . How negative can rates go . Can they go to why not inject money directly into peoples accounts . Just pour it in there. I like that. Much more effective at this point. You saw germany. The average yield is now zero. On friday it was 0. 01. They lost that now. Across the board, its zero. Whats the record for now negative . I dont know. You cant get 5 negative, can you . I dont see why not. Its not working though. This is what makes me laugh. Front page, lew urges imf regulators to get tough. Give me a break. Its ironic. Arent you st
This is the major catalyst. After the Company Announces this major restructuring, its not only divesting this business it will return 90 billion to investors through dividends and stock buybacks by 2018 bill. The dow component soaring trying to close at its highest level in nearly seven years after the Company Announced that restructuring. We went over all that. Juke see you can see what the major story of. The other big story, apples watch. Its ready for preorder but its already sole out. Its backordered until june. Will consumers make this the next big blockbuster. So far so good. Well hear what the experts have to say and whether it moves the needle needle. Apples stock. Also Japan Bringing aboard a legendary film icon to scare up tourism and you wont believe who or what it is. You wont want to miss this story. Its all ahead on closing bell. Here is how we trade going into the final hour of trade for the week. The dow up 98 points now. Thats the better performer of the three major a
Rally. There was real vigor to it that suggests that maybe people were caught on the short side of this market. Does the fact that were fading this afternoon really enforce that idea . Those folks are looking like they might have the market right as we enter the final hour of training. Meanwhile, Russian Troops massing at the border a week after Vladimir Putin promised he wasnt going into ukraine. You know whos not worried . Apparently the markets here. What if anything is that telling us . What message does it send to Vladimir Putin . Well follow the latest as this story develops. Lately, friday afternoons have been tough for the bulls. Something well talk about. Oscar winning actor Gwyeneth Paltrow telling e she has it tougher as a working mom than those who go to an office every week. Turns out most in offices who dont have their own trailers and a team of assistance dont agree with her, believe it or not. One wrote an open letter to Gwyeneth Paltrow. That mom will be us with later