Good monday morning. Welcome to squawk alley here with me at post 9, michelle carusocabrera, mike santoli carl and sara have the morning off. First up, bitcoin open for trading yesterday on an exchange run by the cboe. Heavy traffic causing outages on the cboe website, while the exchange also halted trading temporarily due to extreme volatility what to expect from Bitcoin Futures after what a wild week for that Digital Currency. A lot of people thought once this opened up were going to see it fall because people would be shorting it, but thats not stopped the rise it hasnt happened, but its only been a few hours, so lets see what happens take a look where we are, its important to point out were trading at a nice premium to the underlying spot price here 18,000 now over that cash price is 16,700, its been fluctuating, but you have a good 1,200 premium or so this is whats called the cost of money, the carry, thats tying up money for a month, so its usually a bit of a premium. Whether tha
Feds final meeting of 2017. Jim lebenthal, the question is this will we look back and say this marked the beginning of the end . I dont think so. First off, this particular move is well telegraphed so the market expects it and the question of what will upend this market is any time you see Profit Growth in any way interrupted, and on that front its hard to see anything coming up look, you wont have any news until the middle of january or early january when Companies Start to report and they are more likely to be positive, particularly if a tax bill does get inacted even if theres negative news. They will be looking forward and feeling good about the tax bill. I dont see the fed on this rate hike or anything they are doing in 2018 overcoming the Profit Growth they are looking for in 2018. Joe, a consistent path of tightening does that mark in any way the beginning of the end of the bull market, one of the greatest that weve seen, that has raged since the depths of the crisis since now,
Surrounded by his wife and five children, and former president s. Mr. Trump vowed to secure americas borders increase jobs improve schools and rebuild infrastructure. We will face challenges, we will confront hardships, but we will get the job done. And he put foreign leaders on notice. We must protect our borders from the ravages of other countries making our products, stealing our companies, and destroying our jobs. Stormy skies failed to discourage crowds of demonstrators from turning out in the bay area. A human chain across the Golden Gate Bridge. A union rally in downtown San Francisco. And marches in the east bay. And happening now. You are looking live at San Franciscos un plaza. Where more protesters are gathering for another march and rally tonight. Were told the march will headout around 6 tonight making its way to castro and market. It will then head towards the mission and then back to un plaza. We are a kron 4 crew there and will bring you live updates as the march gets u
Im vinita nair. The monster blizzard that hit the east this weekend continues to claim lives. At least 26 people have died in eight states and washington, d. C. Some were in car accidents. Others suffered heart attacks while shoveling. A growing number have died from Carbon Monoxide poisoning in their homes and cars. Notable snow totals include 42 inches in glen garry, West Virginia and 26. 8 inches in new yorks central park, just a tenth of an inch short of the record. We have several reports on the cleanup, beginning in washington, d. C. With kris van cleave. Reporter the storm has stopped, and so has much of the nations capital. Theres no way a car could drive down side streets like this. Snowed in cars and feet of snow block the way. Pedestrians are still using main thoroughfares instead of icedover sidewalks. The airports are closed. So is d. C. s metro. Schools and the City Government will be closed tomorrow. Mayor muriel bowser. While we have made some progress, there is still a
Showing us making huge, huge gains. And i feel confident that if we can win here in iowa, if we can win in new hampshire, and those are going to be tough races, i think we stand an excellent chance to win in South Carolina and in nevada. But if you look at the polling because i have been to South Carolina. We have a lot of momentum on the ground. Support. Frankly, i think we can win you have a new ad out this week which is you and the Simon Garfunkel song america. What does that ad mean for you . What that ad is about is to talk about the fact that as we come together as a country, and we have so much strength, so many extraordinary people, that as we come together as a people there is nothing we cannot accomplish. We are the wealthiest country in the history of the world. We should not have massive levels of income and wealth childhood povertiy, the only country on earth that doesnt guarantee paid family and medical leave. And when we come together that is what it is. Its a beautiful