I want to make sure we have that time, because we have to have that time period available. We cannot go to close to the end of the year. It does not matter if we are passed by a week or so but we wanted by the end of october. Mark david davis pushed back against the october deadline. He wants the deal finalized over the last three months of the year. The you will have no say during the transition period. Four months after Hurricane Maria struck puerto rico Officials Say thousands more are still living in hotels. Reimbursements from feeema have begun to run out, and many say they cannot afford temporary housing without assistance. Maria completely destroyed more than 70,000 homes and damaged 300,000 more. The agency says the program will end march 20. In galveston, texas, Officials Say nearly 800 families remain in hotels five months after Hurricane Harvey destroyed or damaged their homes. Floodwaters that have reached a peak in paris are threatening towns downstream along the seine riv
One of the big ripple effects is utilities. Take a look at this chart behind me were seeing the death cross thats what some technicians call it when the shorter term 50day moving average of a stock or etf falls below longer term trend, the 200day average were seeing it with the excel, the spdr sector utility, xlu this does not portend bad things but something to Pay Attention to its not the only that were keeping an eye on. Were seeing some action play out in some parts of the market. Namely in the real estate stocks the vanguard reit index is sinking down to multiyear lows. As we take a look at whats happening with this, its already in correction territory, off about 10 plus the highs we saw a couple years ago well take a look at another part thats perhaps a brighter spot while all these guys are making these multiyear lows, one thats not is the consumer staple sector. This is actually just a stones throw away from alltime highs would you believe it or not, more than half of the index
Shy of expectations. They also snap up a u. S. Cloud company for 2 2. 4 billions. And shares in some of russias Largest Companies fall after the u. S. Treasury Department Issues an oligarchs list that names and shames but does not sanction hundreds of the countrys politicians and businessmen. Happy tuesday morning, willem it hasnt been so rosy when it comes to markets reaction. We saw the first down day in four months in u. S. Trading yesterday with all the major indices coming off a bit dow and s p seeing their worst day since september pulled down by some blue chip names including apple. The picture in europe is not positive this morning. Stoxx 600 is trading down. The ratio of red to green is 8 to 2, i would say. More red than green. Lets get into individual bourses. Again, you can see that european bourses across the board are actually struggling. Ftse 100 down almost a half percentage point similar theme for germany and cac currant as well. Ftse mib is one of the more riskon risko
Area we will take your calls and look for your comments on facebook and twitter. Washington journal, live every day 7 a. M. Eastern here on seas and. On this weakens newsmakers, our guest is American Conservative Union chair match lack query is. He gets his own thoughts on the republican president ial candidates including recent comments made by Businessman Donald Trump on immigration. I actually heard on the radio today am saying what he was talking about his Illegal Immigrants. And thats an incredibly important distinction to draw. I think his tone and the words he chose are different from what i would choose, but the fact is when you have a broken immigration system, its hard to characterize the nature of the Illegal Immigrants that come into our country. That being said, i for one believe that immigration is a wonderful part of our history. Its a part of our history that i embrace. I think its a part of our economy that we really have to get right. Right now its broken. I think tha
Colleagues here. Thank you for your leadership over many years. And for being a part of this next phase. I see the future of video and Television Broadcasting in particular is remaining bright as long as localism, lives journalism, consumer protections, emergency alerts, as long as those are important parts of Public Policy, i think broadcast television plays the indispensable role. Michael . Michael television will be dramatically different. Its going to be much more multidimensional as a Consumer Experience than it is today. I think consumers are clearly delighting in a range of Consumer Electronics devices that provide screens, that provide televisionlike experiences across a myriad of platforms that never existed before. I think that will continue to proliferate as a legacy of steve jobs begins to continue to create magical devices on which quality video can be distributed. I think the nature of content is going to continue to radically expand. The old adage that life is stranger t