Advance, if its a very good month if it stays like this, the best june sinceey 40. We keep an eye on that. I remember that one well. Like just yesterday we were covering. A. That we have socalled bond king, jeffrey gundlach. He has turned markedly bearish. That the Federal Reserve doesnt know what he is doing and politicians flummoxed about the debt, whether they want to address it. He has been buying gold. He is optimistic on gold. His read on things a little later in the show. Edward lawrence on what the fed decision could reveal today. The white house want to see rates cut like now, right . Reporter the president made his observations clear. He would like to see that rate cut happen. It is widely expected the fed will keep the federal funds rate, 2. 25, 2. 50. Recent studies say that number goes up at the next meeting to 82 . Were looking for changes in the language of the statement. If the Federal Reserve says they will be patient for future adjustments. How the data changed and lo
Probably one of the biggest in terms of Enterprise Companies going public during this ipo vintage. We awere here last year for the uber ipo slack today. Well bring you lots of news about it its a different type of listing, its a direct listing well talk about all of the dynamics around that for now, back to you we talked about that direct listing earlier this week. The pros and cons to it again . There are some pros and cons. You can only do it if you have a lot of cash on the Balance Sheet. This is a company that does. If youre trying to raise money, it doesnt work this way theres no additional money that gets raised the way uber was raising money and wework will be raising money. Well see if it becomes a model. Spotify did it successfully. Slack is doing it. If there works, theres a question on whether airbnb, the next ipo on the docket in the future, theres a question if they go the same route it has a huge implication for wall street, wall street fees and the ipo structure. Andrew,
Maria good wednesday morning. Thanks for joining us i hope you are having a good wednesday morning. I am maria bartiromo, wednesday, march 20, 8 00 a. M. On the east coast, hiding from American Public hunter biden is not expected to show up today for a public hearing before the House Oversight committee his lawyer dismissed the hearing as quote a carnival sideshow in december before he testified under oath behind closed doors hunter pushed for a public hearing, remember . I am here to testify in a public hearing today. To answer any of the committees legitimate questions republicans do not want open process where americans can see expose their faceless inquiry or hear what i have to say what are they afraid of . I am here. I am ready. Yeah hunter biden former business parn Tony Bobulinski testifying today told lawmakers joe biden is quote the big guy, there is oped with exerpts from testimony says i want to be Crystal Clear from a direct personal experience what i have assessed come to
Maria good wednesday morning thank you for joining us. I am Maria Bartiromo it is wednesday march 20. Wednesday news 6 00 a. M. On the east coast, the fight in texas deepens federal appeals gives an order the bars texas from arresting anyone entering the country illegally hours after the Supreme Court gave the goahead for the state to enact the law. We have the very latest, markets are searching for direction in their mixed on this fed did the Federal Reserve kick conclude the twoday policy meeting with the press conference 230 eastern we will hear from jay powell some clarity and whether they will cut Interest Rates in june, european markets mixed take a look at the eurozone uk is fighting to 3. 4 level that is lower than expected the bank of england making the Rate Decision tomorrow. Green across the board higher in the asian embassies, the House Oversight holding an open hearing on joe bidens influence peddling a misuse of public office. Hunter biden was invited to testify publicly
I am Maria Bartiromo tuesday march 19, your top stories right now, 6 00 a. M. On the east co coast. The fed and focus, futures indicating again at the start of trading, take a look, as the Central Banks march meeting begins today at 9 00 a. M. Eastern the markets are lower the dow industrial down 56, the nasdaq 1055 and s p 500 lower by 11 and three quarters. The meeting is coming up and were watching for any clarity on when the Federal Reserve cut Interest Rates this year. Data on deck Housing Starts and Building Permits 8 30 a. M. Eastern. European markets are mixed. Eurozone next down two points, the cat crown up to 20 and dax higher by 30 points. The bank of england will make the right decision on thursday. In asia overnight markets finish mostly lower, the bank of japan raising Interest Rates for the first time in 17 years. That has the average overnight up two thirds of 8 , the others were lower. The worst performer hong kong with the decline of one and a quarter percent. Back at