Housing market, Interest Rate rises are ultimately inevitable. As long as mark carney pulls a shoe with his commentary in a gradual, limited process, we feel the market can deal with that. And missouris governor calls in the National Guard after tear gas is used in ferguson to calm protests sparked by the shooting of a black teenager by police last week. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Very nice to see you this morning. Plenty going on on the geopolitical front, no much on the market front, but lets look at europe. Every one of those rose represents a tenth of the market. 95 of stocks are in the green with only a small smattering to the down side. The netnet is that the european euro stoxx 600 is 1. 1 to the up side. Is that to the detriment of the individual bond markets . Well look in a moment, but the xetra dax, which has been so hard hit on concerns about exposure to russia is the best performing of those major intercre
They started at 3 at the beginning of the year. Anybody looking for rates to go straight up has been completely confounded by this. A lot of different guesses as to why you would see the bond market still in a situation with the tenyear, below 2. 5 . Well talk a lot about that today. Central banks will be in his words, exceedingly on shortterm Interest Rates as markets emerge from the liquidity trap. He made the case for what he is calling the new neutral on cnbc yesterday. I dont think the worlds upside down. I think the world is pricing in and coming to grips with the fact that post the moment and post five years worth of healing in the economy and in the Financial Markets and in the banking system, that were on the cusp of emerging from a liquidity trap and that the fed and other Central Banks around the world are going to be exceedingly low on shortterm Interest Rates. Thats a brand new regime. We are calling it here the new neutral. Well be talking more about the new neutral with
Dropping to the bottom of the European Market after u. S. Investor wilbur ross jr. Sells his entire holding in the lender for 26. 5 cents per share. Andation stocks are closing mostly higher today, following a slightly higher than expected pickup in Chinese Consumer inflation. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hi, everybody. Welcome. Very glad youre with us. We have two hours together today and a lot to get through. Lets get on with it. On todays show, the battle is on, tech giants rival is out at the e3 exposition in san francisco. We head to the golden state to talk game strategy. Hillary on capitol hill, the former secretary of state releases her latest book as rumors persist as a possible buildup to the 2016 u. S. Elections or is this maybe more about the money . Energy haven or environmental hazard . Thats the question, the shale debate is as hot as ever. Stay tuned. Well go head to head with a ceo who aims to bring shale further
Notice the location. I always like to say there is a bull market somewhere, i promise to try to find it for you here on mad money. Im jim cramer. I will see you tomorrow welcome to todays Worldwide Exchange. Im kelly evans. A touch disappointing. Thats the word on the street after sales growth slow in the Fourth Quarter. Shares are lower. And prudential stock is on the rise after the insurance giant raises the dividend by 16 on the back of better than expected fullyear profits. Plus a battle of the u. S. Budget plans. Senate democrats are set to unveil the answer to republican paul ryans deficit cutting proposal today. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. It looks like a touch weaker for u. S. Futures. Look at the action. The dow did manage just at the end of the day to eke out small gains yesterday and that means its been eight Straight Days of gains for this index. Can it be nine . Unusual. That would be the first time in 16 ye
In modern american history. Donald trump will become the 45th president of the United States. Hillary clinton lost to a billionaire who has never Held Public Office and who will now be the First Political novice to run the most powerful nation in the world since Dwight Eisenhower won 63 years ago. Here was Hillary Clinton. This is not the outcome we wanted or we worked so hard for and im sorry that we did not win this election for the values we share and the vision we hold for our count are i. [ applause ] but i feel pride and gratitude for this Wonderful Campaign in we built together. This vast, diverse, creative, unruly energized campaign. You represent the best of america and being your candidate has been one of the greatest honors of my life. [ cheers and applause ] i know how disappointed you feel because i feel it, too. And so do tens of millions of americans who invested their hopes and dreams in this effort. This is painful and it will be for a long time. Donald trump is going