Panel. Pete najarian to you first. Down over the past year. Worst performer of large banks. Kbw indention down ten. Whats the problem . Everybody puts banks in the same pocket right now together, and i think when you look at Morgan Stanley, goldman sachs, theyre separate and particularly Morgan Stanley. Focus and emphasis put on Wealth Management and thats what i think value act is lookingality now, where the focus should be. Give you a small example. How many quarters in a row did we hear when Dicks Sporting Goods reported everything was actually pretty good, golf galaxy awful and everybody started selling that stock. Look at Morgan Stanley. The focus, Wealth Management. Where theyre moving themselves into that field more and more and more, getting more exposure and because of that, people need to focus on, is that the right thing . I think it is. I think that bodes favorably for Morgan Stanley. Joe, the point of making. Focus on the low captain intensive businesses like Wealth Manage
Courtney gibsons what did you make of the feds comments and reaction right afterwards . She said what she had to say. End of the day you have to give a little bit of value. She has seen amazing data. I think they want consistent data thats positive. Right . Its been somewhat up and down, trending in the right direction. But she does have to say be consistent around that team. Does your expectation for a fed rate hike change today . No. Expecting what . To hike this year. Ive said that the past year and definitely in december. September happens, i think it surprises folks. Same old same old for janet yellen . Answer two different questions. One you havent asked. I think she should raise. Will she . No, i dont think so. It doesnt matter what you think. I wanted to put it out there. Its a lovely friday in the suburbs. Thank you. One thing that could wiggle this one way or the other, the jobs report next week. I do think that that could tilt things, if you have a particularly strong report
Charged with trying to join isis. The fbi arrested him at Ohare International airport. And the bbc crew had a frightening runin while covering a situation along turkeys border with syria. The u. S. Dream court unexpectedly clears the way for dramatic expension of gay marriage. The high court decided not to hear several cases on the issue. From weather in houston, texas, a strong burst of high winds and heavy rain cut off power to thousands of homes and businesses. In louisiana, a dramatic Train Derailment was caught on video. The driver of the stolen semi, the trains engineer and conductor expected to be okay. Police in pennsylvania have a new clue, a letter believed to be written by the fugitive erin frein, accused of killing a state trooper. Close call for a man in this hot air balloon after it ran into a power line. And a touchdown. Seahawks win the second straight were in first place right now. To the ocean and all that matters. Congressman steve kick reading mean tweets out loud f
On what brought down a Russian Airliner. From egypt, to st. Petersburg. An american official tells cnn a heat flash. Commed by a military satellite, it happened midair. That leaves open the possibility of a bomb on board that flight metro jet 9268. But there are some reports in Russian Media, the bodies of victims uncovered so far show no sign of explosive impact. So that might point more toward engine or structural failure as a cause, but adding to all the confusion, other media reports say some bodies did show evidence of an explosion, this morning, investigators have finished their field work. Data is being recovered from black boxes. That could mean more answer, more answers soon. Reporter good morning, john, thats exactly what we need, more answers. We have been getting bits and pieces of information and its unclear how all this fits together. Egyptian officials have been tight lipped. Most of the information we have been getting has been from Russian Media roar t. Latest of which
chaos around the world may be gaining strength and sending more ash toward england. european officials earlier declared they will be ready to reopen large sections of airspace in a matter of hours. five days after the eruption in iceland stalled global air travel. controllers will stop having will still have to keep the planes from flying into no fly zones where the volcanic ash is the heaviest. this plan is supposed to give at least a bit of hope to all those passengers who have camped out for days in airport limbo it? is expensive being here for an extra ten days that you haven t planned for. we have been at the airport for the past three nights. we have to go back airport wednesday. from there, who knows? staying in a hotel. commuting to the airport. waiting all day. going back to the hotel. that s pretty much it. shepard: pretty much it. there was also concern that ash from the volcanic cloud could effect air travel in canada. in facts our corporate cousins at