Lets bring in steve. Those dovish comments have not been enough to overcome that weaker Economic Data. Markets are counting on the strength and services to overcome weakness in manufacturing and overseas growth and the oil sector. And all the indicators inside the ism showing growth in services and the u. S. Economy but all weaker than they were including new orders and employment. This ignited a furious rally in the ten year yield. It dropped down to 1. 8. It was a one year low. We havent seen that in quite a bit and it also sparked the sell off in the dollar. If you take a look. It was i think a four month high for the euro verses the dollar. He said financial conditions are tighter than in december and they must take the fighter Financial Decisions into account. Amid all of this we have our first look at the cnbc rapid update tracking gdp for the First Quarter after stronger than expected car sales yesterday but were just tracking a very weak 1. 7 after the weak 0. 5 with a very wid
they have been focusing o something annoying and meddlesome. thlatest news today reports the obama administtion is indeed allowing the government to md nine american tec giants le google a facebook that have mo user data. only a day after we discovered discovered that millions of phone records fromorin customers. it was appalli, but it did not put so much of a dent in august. but romney knows why. first, in this friday exclusive with fox, a formerrepublican presidential candidate with the likes cis christie. it reads like the ballroom scene star wars. how did you get them all at one pace and templates a one ttime. i wanted to bring together people from both sides of the aisle. so we can hear from them and as a group we can listen to them and say what are the highest priorities and ask ourselves, are we actually addressing the highest priorities or not. the answer turned out to be no a surprise. the priorities are republicans are concerned about, the democrats,hey re not b