While futures are off their highs following the release of that complaint but we will still be up about 50 points on the dow, up maybe 4 on the s p, 4. 5 on the nasdaq. We were higher than that before the whistleblower complaint was released. We have come down a little bit but not that much. Look, this is going to be a very big day for politics and of course, for your money. You are going to see Speaker Pelosis news conference. Thats in our 10 00 hour. The speaker owns the impeachment process. She favors quote, a quick, narrow impeachment probe focused on ukraine. Hold on. Theres a great deal happening on the corporate front as well. First off, peloton goes public at 29 a share. This is another big name ipo which is losing money and its facing lawsuits from music stars who want more money for appearing on the peloton workout screen. We will show you the first peloton trade. How about this. An aboutface for mcdonalds. Yes, they are planning a meatless burger. Watch beyond meats stock go
1178. It is 1 higher. Sue . How you doing . Doing good ty. Lets get you the details on what the ecb or European Central bank did. It shot the big bazooka, a trillion year rows worth for the region. Heres the headlines. In march, the ecb is buying up 60 billion euros a month of bonds. Agency bonds account for 12 of the buying and end date is september of 2016 but that could be extended and weve seen that picture before. Most assets but not all, will be investment grade. The euro headed for its worst month in ten and a half year, plunging 18 . Right now it is trading on the 1. 1378, down 2 on the trading session. The tenyear note at 1. 819 . We are joined here on the floor of the nyse and most is agency, but as long as cypress, portugal, and greece have an imf program, even if the debt is investment grade, they can participate in this. Thats right. Bottom line is this is an openended program. Thats what everyones talking about. Not just one trillion. Can go on if they dont meet inflation
Bridge. The 6 lanes were empty for, ii day in a row as the move able median barrier got a test run. Big yellow machines ran back and forth across the bridge all day. They are called zipper trucks. And the Golden Gate Bridge district says they will be moving the 11,500foot barrier 3 to 4 times per day. The whole process should take about an hour from beginning to end. How we manage that we look at what the backup is and we do realtime analysis, and we want to provide the configuration that provides least cumulative delay in both directions. Reporter it takes practice moving the barrier. At one point a zipper truck stalled on the middle of the bridge as they worked out issues. The bridge district had operators training throughout the day to get it perfect. Navigating that placing the barrier accurately within a half inch takes some practice. We have all of our crews going through that. Reporter some changes drivers should be aware of. First and for most the inside lanes will be half a fo
Congressman Nick Mulvaney cut his own slice. The wild theory is that even if the u. S. Breaches the debt ceiling the treasury could continue to prioritize certain payments including social security. Its a line of logic refuted by cannot mists and most people with a general understanding of the way things work. Last week the Treasury Department learned default would lead to the events of the magnitude of late 2008 or worse. Credit markets could freeze, the value of the dollar could plummet, u. S. Interest rates could skyrocket, negative could spill around the world. Cost in 20111 million jobs and 19 billion in borrowing costs. What do actual economists know about this stuff . Apparently a lot. Said former staff director of the budget committee, i donten any serious person who doesnt think this will be cataclysmic. Dont blame numbers crunchers saying default is a good thing for the economy, according to the leadership, it is the democrats who are being reckless. By refusing to negotiate,
A total of one hundred Million Euros it is an yearly family owned shares in both feet at and eventis employees say the owners should invest the money in them instead thats why theyve decided to strike. I was kept in fact i guess like a punch in the face for those working here i have a full time here as weve received little money but for right now theres money its a shame its disgusting theres a little bit of others say the transfer is a marketing move really cause the costs are huge for his agenda but then again the family knows how to do their math i mean if the fight equaled people to be and it knows that theres a reward of the same value for the company to ive put it that the book that i just got a search about. And then there are those who were just happy for that scene. Found out. That you are that. The United States could be softening its position on iran previous statements just washington aims to reduce the nations oil exports to zero but secretary of state mike pompei o says t