I chose not to do this. Therefore, i should not be considered. Period. End of story. Charlie joining me now from washington is al hunt of bloomberg view. Here in new york, dan senor, an advisor to mitt romney and paul ryans campaign. He and paul ryan are good friends. I am pleased to have both of them here. Al, i go with this one question. One, why did he say that today . And, b, does he mean it . If in fact, the Republican Party came to him and said, you have to do this for the sake of the party and for the sake of the country . Al he does mean it. He did it today not as news but as a confirmation of what he believes is reality. He thought it was getting to the point where the speculation was becoming injurious because here is this big shot in washington that would steal from the convention from someone. And probably not helping him is his day job, speaker of the house. I think paul ryan is absolutely right today. It is virtually impossible for someone who did not run to be nominated.
Wisconsin primary election, donald trump and ted cruz are arnstorming. Saying his personal life has not been in immaculate while the billionaire brand has repeated its usual lying ted routine. The polls show him trailing. Ted cruz and donald trump reserve their biggest blows today for john kasich claiming he is us parlor who should no longer be in the race. Ted cruz holding a press conference in madison. Each making the case that it is a twoway race and that kasich or any other establishment hopeful has no business competing at the national onvention. I said kasich should get out. Normally i would not say that. Hes just like a stubborn guy. He is stubborn. He doesnt want to listen. Let me tell you, he hurts me much more than he hurts cruz. A recent poll came out where i get many more of his votes and ted cruz gets. At the convention they will parachute in some white knight who will save the washington establishment. It is nothing less than a pipe dream. It aint gonna happen. Will a tho
Empire state. On the democratic side, brooklyn native and former new york senator trying to play up their hometown roots. Hillary clinton did a pair of home of tv interviews. She took several jobs on morni ng joe at Bernie Sanders. The credit rifle was anything jeff weaver said something interesting, inflammatory, on air. He said, the Clinton Campaign, they need to be careful not to destroy the Democratic Party in pursuit of her own ambition to be president. Very strong words. [laughter] your response to that idea. [laughs] these ludicrous on the face of it. I have been campaigning for democrats, fundraising for democrats, recruiting to run and when for a really long time. And win for a really long time. About 40 years. I understand they are getting anxious, but they need to be thoughtful about what they say. At the end of the day, we need a democratic president. He has been campaigning for a year on his core message of any quality, which i absolutely agree with. I put forth my own pla
Many earnings. We are seeing the nasdaq with the lows of the session with the facebook effect dissipating. It was off slightly lower. All three major averages now the lowest of the session. Unless something really, really dramatic happens in the next 24 hours today we are matching the secondlongest bull run ever for u. S. Stocks. Tomorrow we will have surpassed it and be the secondlongest bull run ever. Here are the longest. The white line is the current run we have had a goes back to march of 2009. Then you have the run in the 50s and you give the run in the 2000s. Those of the various bull markets we have seen. This is the second longest stretch we have gone without a 20 decline or more. Turning to some of the other assets. We saw the movement in the dollar after the bank of japan did not move in terms of adding or stimulus. The dollar going sharply down. It looks even more sharp if you look at what happened versus the yen. If you look at the trade versus the japanese yen, the dollar
Ten points. The nasdaq off by 22. Crude oil prices were up sharply overnight, topping 40 a barrel. First time weve seen that in quite a while. That came after the announcement yesterday of a surprise job in u. S. Inventories. However, wti has turned around since then. Looks like we flipped that contract, too. If you were looking at 40 overnight, were now looking at the may contract. Thats a decline of 7 cents to 37. 69. It will be interesting to see how this new contract plays out. We did see a huge gain in crude oil prices yesterday. The other big mover this morning, currency. The dollar hitting a 17 hch month low against the yen. This came after the minutes from the last months fed meeting suggested that the central bank is unlikely to raise Interest Rates before june. There were a lot in these minutes, but most people are looking at the doves comments after what we heard from janet yellen just last week. Brian . Some corporate stories to talk to you about this morning. Just go right