Director leaking communication with the president. Entitled totrump is loyalty from those serving the administration. Kasowitz said the president told comey i need loyalty, expect loyalty. In the u. K. Voting is under way in the second eligible election years. A total 650 members of parliament will be elected. Almost 47 Million People are registered to vote. Tune in for bloomberg tv one at 5 00 p. M. Today new york time. Well have instant analysis of polls in the exit u. K. Are published. Said more thans infectedople have been an outbreak. Health officials claim the on the 2yearold Saudi Campaign against rebels. Bloombergive from headquarters in new york. Joe were 30 minutes from the u. S. Ng trading here in scarlet u. S. Stocks trading mix of super thursday. You question is what did miss. Scarlet james comey said President Trump lied about his firing. The administration then chose to defame me and more importantly the fbi. By saying that the organization in disarray. That it was poorl
A springtime special power lunch begins right now. And welcome to power lunch. Sorry. Brian mentioned stocks hit record highs midday. We saw the nasdaq turn lower. Amazon, microsoft and google. The intradays are even more dramatic and a lot of volume at last check trading at the 125 of its average daily volume. Extraordinary volume for a friday afternoon. And as stocks rally the vix hitting a 24year low. Financials big movers. Among the leaders in the group bank of america, Morgan Stanley and regents financial. With us on set you saw his finger, lets show the whole person, the one and only guy adami. Josh brown was walking off set. He yelled my name, i looked over at him, im sorry. Lets first talk about the tech selloff. Start to roll over at 12 20. You pull up any intraday chart including it tesla, nvidia, amazon, apple, all of them rolled over. Nvidia sticks out to me. Its been on everybodys radar screen. At 1 00 it traded is 50 million shares. After making an alltime high the revers
Peak oil which is usually focused on supply. What the story talks about his oil demand is peaking sooner than a lot of governments, a lot of executives may have thought. That is down to several factors. Electric cars are really gaining in popularity. Chinas growth has slowed and there is pushback on a mission for cleaning up the environment. That has led to a quicker slowdown in demand for oil, obviously coupled with extraordinarily low prices. That is pressing on the demand side of the equation. Oliver what i thought was interesting is that when you think about potential peak demand for oil, there is a lot of cataclysmic theories you can come up with because so much of the worlds biggest powers rely on that for income. In the story none of these institutions really seem too alarmed about it yet. Megan i think it will get more alarmed. The number one example of a place that is reinventing what is doing is saudi arabia with aramco and how they are trying to reinvent their economy Going
Plus more ceos head to trump tower. And another automaker, another emissions probe. We will fill you in on that. But it is all about the banks this morning. Wells misses, j. P. Morgan beats, b of a posts some mixed results. Jim, you just tweeted enough with the binary trade. What do you mean by that . Were in a difficult situation here because there are people whove been saying the banks have run up so you got to sell them. Thats trader talk. When i was at a hedge fund i would say ill put out bank of america at 23 buy back at 22. 88. These are unbelievable quarters, theyre unbelievable because theyve become growth stocks, cocacola, they do not have the ability to run this organic growth. These are remarkable quarters and we just started. Bank of america haechbt seen the gains yesterday. Numbers im looking at ive calculated 100 basis points in fed increase, you get 3 billion more. Just added on. Do you think that Proctor Gamble can put up that kind of number . 600 million baked in the n
Probably mid to late morning, maybe in the afternoon but it is warm air moving in but ground is still cold. That is producing the fog. Okay. It will stay dreary but mile. We have a january thaw. I will take those 50s. We have 50s in the forecast. It will be a large storm that does bring rain late in the weekend into next week. We will talk about that. But until they will this mornings commute driving around leave extra caution. Visibility down to a quarter mile in some spots over next few hours. Other than that we are dealing with mostly cloudy skies but noticeably mild. There you go. The center city we have a few areas of wet roads due to some mist. You can see most of the tops of the buildings covered with some fog so not real dense right now here in the city. Fortytwo is the air temperature with the calm wind this morning, patchy dense fog visibility under a quarter mile especially further inland you are, use caution caution and right around 9 00 oclock or so, maybe an hour or two a