Market. We stay foe cut focused. As we should. Talking about our bond market hanging around that 2. 3. Under 2. 4 in terms of the yield. Thats been kind of the constant so far this week. You can see where we are on oil. Lets get to the road map this morning. Russian denials. President Vladimir Putin telling cnbcs Geoff Cutmore, quote, read my lips, his country never interfered in the u. S. Elections and calls the allegations lies and provocations. Plus, were keeping our eye on the Global Economy. Four former treasury secretaries sound off on financial reforms and risks and the trump agenda. And lulu sinks. Shares of lululemon tumbling, this after the athletic maker issued a weakout lo weak outlk for 2017. Lets start with putin. He made news at the International Arctic forum in russia. That was where he was part of a Panel Discussion with the president s of iceland and finland and Geoff Cutmore was the moderator. He asked putin if they interfered in last years elections. Heres his respo
Account was 36 million below the president s budget request in the bill brought to the floor and amendments already passed by the house have resulted in further cuts to the departmental administration. Federal salaries for the Nuclear Security administration are 30 million below this president s request. The funding levels in this bill send a clear message about growth in the federal work force requiring an automatic 5 cut across the board is a step too far and as i said it is not good government. For these reasons, i oppose these amendments, urge my colleagues to vote against it. I would note that when the gentleman says during the Government Shutdown they furloughed 60 of the work force, that was 16 days. These employees were labeled as nonessential. Same thing happened in congress. I would suspect in your congress, at least i know in my office, we had to declare which employees were nonessential. Those employees now work for me again and are rehired. I suspect they are in your offic
Company is still far from overcoming this. Welcome. Happy monday. Back and locals volatility is unraveling. The volatility is up and they finally broke out of above or below and this changed with the s p 500 utility index. This is a correlation we are keeping an ion. And this negative near is a huge flashing signal. The dollar and commodities are down. The question is if it is a temporary movement or baker. We have seen the volatility increase and a lot of people are concerned about this. What take a look and see is happening with global stocks. And the indexis we arer for the u. S. And and wehat the yield is saw the increase on friday and manus was talking about the correlation breaking down and we and a 10ates go higher year yield go above zero. You can see the stronger dollar uan was south korean you down and north korea was doing nuclear tests. Andant to bring up crude producers increased the drilling risk incan see some this market. You. Ank clinton has canceled a trip to californ
Soon find out. Three main points i want to discuss. Three so whats for today. The first is on the role of president ial character. Our history is oftentime made by powerful characters. In the white house, character is king. What were going to find out today, these two elections and other related elections were influenced in part to a good degree simply by the character of the individuals that were going to discuss, strongwilled folks, personalities shape history. Second point, scandals have shaped history. We dont like to admit this. Its not a source of pride for our country, but more often than not, major scandals have had a Significant Impact on the course of history. Now, for whatever political scandals there are today, know that weve been there, done that. Whatever politicians are doing today, theres a long history of that. And in this case with these two elections, possibly the most important factor in influencing the elections was scandal. The third point, our democracy is a work
Breezy and cold with lows in the teens and 20s. Wind chills become dangerously cold overnight. 3 wrap up 3 now lets send it over to the pit crew Traffic Center. 3 were watching watching 3 heres a live look at the s. C. D. O. T. Cam on 3 3 several 3 several communities in Western North carolina especially near the tennessee border are seeing some snow this morning. Morning. Fox carolinas Andrew Reeser joins us live in asheville and andrew whether you live in the mountains or upstate people can expect to either deal with Winter Weather this week. 3 temperatures today not expected to get higher than the 30s. Higher than the today not temperatures 3 today not expected to get higher than the 30s. We are watching a winter storm warning for several counties. 7 this morning. 3 take a look. This was last night in asheville. Light snowfall 3 was the story there. Not enough to accumulate. In other coununes however, especially along the tennessee border. Snow is sticking around. The big story toda