Were closed for holidays. In the early trading in europe this morning, ahead of that final debate between the last two candidates in the french election, you can see the cac is off by a third of a percentage point. Ftse is also down. Crude Oil Yesterday down, and down once again as pumping in libya and the United States more than made up some of the cutbacks. We closed below 48 yesterday. Right now 48. 04. On todays agenda the fed concluding its twoday meeting with a statement at 2 00 p. M. Eastern time. The central bank expected to hold rates steady. Investors looking for hints that the economy is on track for a rate increase in june. Another big earnings day ahead. We will hear from time warner and yum brandtbrands, after the close, facebook, tesla, aig and fitbit will report. Adp private payrolls at 8 15 this morning. Later services pmi and ism nonmanufacturing. We are just four days away from the final round of the french election. Candidates emanuel macron and Marine Le Pen face o
Ranges i agree and it occurred to me again why the market went up yesterday, we just dont know how to enjoy good things, good times. I mean, it really looks like we have maybe progrowth policies, Interest Rates that will probably still stay low. Inflation that probably wont be a problem. Everybody is worrying about Profit Margins hitting peak because wage gains will start hurting Profit Margins its bad for income inequality, but in the meantime Profit Margins stasy sustained. Everyone is saying its overvalued, but are we missing the point that there is like a perfect storm . Yeah, and yesterday you were talking about Profit Margins and once wages go up, Profit Margins by definition have to come down. But i think and im guilty of this all the time. We make this more difficult than it has to be to your point, maybe it is this simple now and i think the intelligence i cant, they try to figure out ways where ty the market will go lower. I cant, they try to figure out ways why the market wi
1020 mph that will cause some blowing snow to continue. The snow tracks out this morning and by this afternoon we should have sunshine. But it will stay cold. Highs will only be in the mid 20s to mid 30s with those snow in the forecast, too. Ill have that for you in a few minutes. Sunshine. But it will stay cold. Highs will only be in the mid 20s to mid 30s with those north winds slow to die out. We have a couple more chances of snow in the forecast, too. Ill have that for you in a few minutes. Picking up our team seven coverage. Storm track sevens Amanda Gilbert joins us live in waterloo with an update on how the streets are looking in ive been out for a little more than an hour now. The snow is starting to lighten up here but it is still falling pretty hard. Its been windy too so drifting might be a cavern depending on where you are a lot of the roads right now look like the ones you are seeing. They still have at least a thin layer of snow possibly sleet on them. Ive been seeing cre
Bernie madoff. Mf global and pfg. Three large financial scandals, which garnered a lot of national attention. Russ wasendorfs pfg fraud is the largest financial fraud in iowa history. 215Million Dollars, stoon from thousands of customers of cedar fallsbased peregrine financial grouppfg. If not for the move to Electronic Bank account balance verification, Russ Wasendorf, senior, might still be enjoying, what turned out to be his imaginary empire. He loved having a skybox for bears games and a have everything. Ceo of pfgbest. The man said to have the golden touch. This was not a very everything he invested in was a loser. Founder of his own on line futures trading company. Retail futures is a very hard business. Not for the man who would become known assadoff of the midwest. Russ was really taking as much money as he needed to support his lifestyle. Undetected for nearly 20years. On the day the merry go round stopped. He was supposed to have aboutt 220million in the Customer Account and
National poll. Shes headed to florida to watch results there tonight. 12 states choose candidates today 10 where both parties compete. Plus the democrats in colorado. And republicans in alaska. Texas fighting to finish strong today. Then take on donald trump in winnertakeall florida later this month. In washington this morning. A strong rebuke from the house speaker. On trump failing to denounce the kkk nominee of the republican party, there can be no evasion and no games, they must reject any group or cause that is built on bigotry. But trumps still gaining support now at 40 percent a that one on one neither rubio nor cruz could beat trump. Today could determine how much longer they get a washington. Now, ahead of todays votes. A photographer covering a donald trump rally in virginia says he was choked and thrown to the ground by a secret service agent. Video shows us what happened. Chris morris was working for time magazine. And says he stepped outside the media pen when this all hap