Fu. The numbers i am looking at here, in addition to earnings per share, if the efficiency ratio, a weight of measure cost at the percentage of revenue. Most like wells fargo disappointed. The ratio for the quarter of 59 , higher than what it wanted to be. You wanted to be a lower number. The company forecasted it would be in the range of 59 . Certainly a higherend of what had and his edit. Wells fargo is the biggest Mortgage Originator in the United States and is heavily tilt the tour that. Whatever market share trend that indicates would be indicative. In terms of other numbers, the average loans up about 4 in the Fourth Quarter and net income for the time in terms of how it is trading we see shares trading lower given it to ms. Earlier this morning. It is higher than yesterday positive close. I will continue to go through the numbers. Right now, 102 is right in line. The efficiency ratio mrs. Thank you. I look at other top stories. A collapse in commodity today. It fell the most in
Potential nightmare. And we begin with the breaking news. As we mentioned, the president is set to hold a press conference this afternoon, set to sign an executive order on the Coronavirus Relief bill after stimulus talks collapsed on friday. Josh lederman is following the story for us from washington, d. C. Josh, a very good day to you on this saturday. I know the president alluded to this yesterday. Here is the question, did we think it would happen so soon, like overnight . Not overnight. In fact, the president had said he was planning on signing something by the end of the week. He didnt clarify exactly if he was talking about this week as opposed to next week, but based on the president s comments last night, alex, what we took to believe from him is that he was essentially using this to create more pressure, right . He was creating a sort of hanging over the heads of negotiators trying to create the pressure to say look, if youre not willing to act, i will. Take a listen to a lit
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