Amazon apple and microsoft with a run clipped midday when the fed chair said he wasnt thinking about thinking about raising rates. Does zero forever, what does that mean for this rally at this point . Well, it means, you know, everybody said it so much splitting the at tom here. Weve very much gone the route of japan i think its absolute madness. I have no idea why he count hld have just said we remain data dependent and thats it. Ill say this, that to me seems to be the same autopilot today statement that he said back in october of 2018 on the other side that he got frikaseed for i think the fed and Central Banks globally are the main reason we are seeing this huge chasm between the have and have n nots when i heard that, i automatically thought, and maybe this is just my nature, that things must be really bad if hes saying that hes not thinking about thinking about raising rates, that were that far off from even contemplating that move. Well, yeah, it was a little mo more downbeat th
Like to look not just at the ten kwlooer. 2. 629. Japan, france 1. 76, italy 2. 9 and spain 2. 63 to put that in perspective as we look at our tenyear note. For europe, of course, many of which ive mentioned, it is decidedly negative there as well this morning. It was a relatively quiet night. Stocks in asia finished the day more or less mixed. Europe is in the red across the board. News pretty quiet, slow on the macro front. Although there were a number of headlines perhaps impacting things over there. Lets get back over here and start with our road map and it starts with amazon. Some bare knuckle negotiating tactics, its more than books. Why you cant preorder the lego movie on amazon. Com this morning. And whats at stake for time warner. Fresh highs, of course, have been set for the dow, but as you saw futures are sharply lower this morning eric cantor defeat perhaps weighing on the market . We will discuss that. Overseas profits getting attention. Overseas europe investigating tax p
Macau. We will see who is winning and losing at the gaming game. And moreover the next hour. I want to get headlines from my radio cohost phil massar. The hotelowner of reporting losses. Sent marketing documents for potential buyers. The team is not for sale. Of Deutsche Telekom told the rector says see the sale of the table tmobile unit is less likely. The executive appointed pointed to hurdles as to why the sale is less likely. Very constructive, that is how john kerry described talks today in paris in order to resolve the crisis and ukrainian crimea. Showed no signs of leaving crimea and congress is preparing to authorize sanctions. Peter cook has the latest. John kerry says progress was made that but risks remain. He spokewas upbeat as in paris late this afternoon. The comments followed separate talks with not only russia plus foreign minister but ukraines foreign minister. He is talking as well with several of his european counterparts. All part of this effort to resolve the you c
Statement this day after we had a shortterm budget deal. Also earnings trickling out this morning. Mens wearhouse after the bell. Bank. To buy jos. A. Iplon, big news of the day, supposed to be a record ipo or a lodging company. This is not another deal. This is in some way a top of the market deal. Terrific research on this. We will have it all day on Bloomberg Television. I got goosebumps. Almost like 2005 all over again. And is it a problem . Groupl ask a gas from isi and we will talk also to bob nardelli. Why it markets today. Looking at stocks, bonds, currencies, commodities. Boring. The euro, 1. 3764. Crude, 98. 56. Our next board, a little bit of foreign exchange. Under markets, back 16,000. The dollar gives way. The blended basket of our traditional trading partners. Under 80 is a big heal. Finally the dollar weakens and gold is a bit of a rally. The last threed days. The morning papers in the web as well. Heres scarlet fu. It turns out you can cut a bipartisan deal in washingt