Behind me for the last 13 years in davos. I know we have some great coverage and panels. Speaking tomorrow with the barclays ceo, jes staley. We will be talking about the future of banking. Friday i will be moderating a panel on Monetary Policy and what comes after normalization. By ray dalio. Ed we are trying to figure out exactly what the davos men and last yearso wrong, and what they got so right. We are looking at some of the market calls they made last time. The dollar call was wrong and so was the price. Three. Re in day lets check out what is happening in the markets today. There is the stoxx 600, gaining for a third day after a third weekly gain. The best run since october. The euro, up by. 5 . There is a bit of relief now. Voting to enter negotiations on the common policy platform for germany. They have still got his final say on any coalition pack. There is another hurdle. This week, itins will be the sixth straight gain. The u. S. 10 year yield will change two point 56 . A v
Repercussions for those republicans who dont support the jbill . Can you imagine if e repeal and replace of obamacare that republicans have been talking about for years doesnt pass because of republicans . Listen to what the press secretary had to say about that today. This is something that weve talked about. Youve taken a bunch of these free votes when it didnt matter because you didnt have a republican president and you got to vote for repeal and go back and tell your constituents Something Like 50 times, well, this is a live ball now. And this is for real and were going to do what we pledged the American People and keep our word. He believes not just him but the members of the house and the senate have an obligation to fulfill the promise and pledge they made to the American People. Reporter the white house maintains that they are confident the bill will pass. In order to avoid a vote at 3 a. M. Tomorrow morning it has been postponed noting this should be done in the light of day,
To catch you up on what is happening down at the tidal basic. Fox5s Alexandra Limon has more on the Cherry Blossoms. Wearing wedding gowns, can i mows and 50 shades of pink, to is and locals alike travel to the tidal basin. I come down here every year. Its about a threehour drive and ill take photos and walk around. Some got early to beat the crowds. Some did it for a different reason. We want to get some really good sunrise shots with our camera here. At sunrise they had the perfect cherry colored sky to match the weekends theme. While it is peak bloom weekend these arent the fullest cherry blues am weve ever seen because of the rocky weather we had this month you can see many of the Cherry Blossoms died. I think because of the weather, the changes in the weather. But its still beautiful. Getting downtown a breeze. Metro eased on weekend track work to accommodate all the visitors and will continue to provide full service on most lines for several weekends so everyone can enjoy one of
D. C. Mayor and japan ambassador to the United States addressed the crowd up like festivals in recent memory the weather leading up to this years event caused a lot of suppress. The cold snap we had earlier this month damaged some of the cherly months only around the tidal base up and despite that the blossoms are reaching peak bloom the ones left at least and quite a few are out there to be seen. We are very happy in the district that spring has officially arrived. And that our Cherry Blossoms are blooming. And we are you know had the opportunity to drive round a little bit before i arrived. And i told the am bar door, some people doubted it but we know we have some tough, old trees. The Cherry Blossom festival actually began ten days ago and this was the official opening the month long festival trees to the United States back in 19 12 and its a hugely popular event and festival usually attracts more than a million tourists to the city each year. And the weather was picture perfect to
79 degrees in dover. This evening, will fall to about 74, 7 00 p. M. , that ended in the 60s by 9 00. 11 00 p. M. , light winds, and temperature 66 degrees. Thats around the normal high for this time of year. Getting even warmer over the next couple of days, talking about temperatures running some 15 to 20 degrees above normal, and even and said it earlier, challenging record warmth. Were in the just going to challenge it, were just going to break it. What do you say . It is october after all. Ill be back with the seven day in just a few minutes. Sounds good, thanks so much, kathy. Happening right now, day one of a whistle blower and defemation suit against penn state is in the books. Former assistant football coach Mike Mcqueary is suing pennsylvanias largest university. He is a whistle blower. And the Jerry Sandusky sex abuse scandal. And says it has ruined his reputation. Hes now after millions of dollars in a civil trial. Our jeff cole was therefore opening statements, and joins us