Were going to talk about the hot pockets and the not so hot areas around the country and what it means for real estate in 2015. Well also have an update for you on that missing airasia plane and then a closer look at how its possible we dont know what happened to two passenger jetliners now in less than a year. It is hard to believe, isnt it . More than 2 Million People forking over 5. 99 plus tax along with their credit card number to stream the Motion Picture the interview over the weekend n. This era of cyberhacking, does it show many people dont worry about that issue when it comes to their own personal information being stolen . We are looking at that thats an angle to look at coming to Sony Pictures and the interview here. And an hour to go here kicking off the final week of the year and 2014. If you can believe it we have a headline. The dow over 18,000. The close above that level last week and today comfortably above that level and now the dow is green. The s p up by about 3 an
Decline in the dow and other major averages at this thing coming a head. When they stormed the store and the Printing Press area there. The dow did fall to that low of the day of about 229point decline and come back right now. Back 143. Take a quick look at the 10year, as well. This has been rallying as we know for a number of reasons and quite sometime and perhaps an extra bid on the flight to safety trade today. Below 2 again. That u. S. 10year. Watching it for everything from the influence on the Mortgage Market to what it does ultimately send in terms of signals for the Federal Reserve here and policy decisions coming up and we have heard from members expressing like charlie evan this is morning to rather be cautious than hasty to raising factors. If you hang on to that for a second longer cross currents and you can see that after the jobs number came out, stronger than expected in many ways. You saw the yields rise but then they were coming much lower, maybe a flight to safety and
Thing virtually all investors are focused on the timing and speed of rate hikes. Central banks benchmark shortterm rate which affects everything from Mortgage Rate to auto loans has been near zero since december 2008 and since theyve been so low for so long a lot of anticipation aboutn liftoff might occur. Yellins comments come weeks before the next meeting and despite the concerns the economy might be slowing. Steve leishman has the details. Janet yellen saying today she believes the rate hike will be appropriate this year if the economy improves as she expects. I think it will be appropriate at some point this year to take the initial step to raise the federal funds rate target and begin the process of normalizing monetary policy. To support taking this step though i will need to see continued improvement in labor Market Conditions and i will need to be reasonably confident that inflation will move back to 2 over the medium term. Yellen was clear expectation is for growth to improve,
Direct statement on the one thing virtually all investors are focused on the timing and speed of rate hikes. Central banks benchmark shortterm rate which affects everything from Mortgage Rate to auto loans has been near zero since december 2008 and since theyve been so low for so long a lot of anticipation aboutn liftoff might occur. Yellins comments come weeks before the next meeting and despite the concerns the economy might be slowing. Steve leishman has the details. Janet yellen saying today she believes the rate hike will be appropriate this year if the economy improves as she expects. I think it will be appropriate at some point this year to take the initial step to raise the federal funds rate target and begin the process of normalizing monetary policy. To support taking this step though i will need to see continued improvement in labor Market Conditions and i will need to be reasonably confident that inflation will move back to 2 over the medium term. Yellen was clear expectati
Thing virtually all investors are focused on the timing and speed of rate hikes. Central banks benchmark shortterm rate which affects everything from Mortgage Rate to auto loans has been near zero since december 2008 and since theyve been so low for so long a lot of anticipation aboutn liftoff might occur. Yellins comments come weeks before the next meeting and despite the concerns the economy might be slowing. Steve leishman has the details. Janet yellen saying today she believes the rate hike will be appropriate this year if the economy improves as she expects. I think it will be appropriate at some point this year to take the initial step to raise the federal funds rate target and begin the process of normalizing monetary policy. To support taking this step though i will need to see continued improvement in labor Market Conditions and i will need to be reasonably confident that inflation will move back to 2 over the medium term. Yellen was clear expectation is for growth to improve,