Saying that it didnt expect the fed to tighten. You could see it, it rallied in the brief oneweek period where it seemed like maybe theyd tighten and raise expectations to 40 . After that crummy unemployment number gold rallied again saying theyre not. Today is interesting to me because its rallying along with the safe havens. I dont think its telling us this is any global panic. What it is telling us it not ohm fits in with the weak dollar trade it also fits in with the safe haven trade. Ive been on this all year and pretty harrowing times for a while but i like it now. This is jim says jack a kind of riskoff trade not an inflation protection trade. There aint no inflation out there. How do you see gold . What is it telling you . Tyler, there say big, red flag with whats going on in gold and people need to heed that warning. Its telling you theres been a loss of confidence in central banks. It really started a few months ago and its been creeping and one of the reasons why especially
Health of retail looks like. Tough to get handle on retail these days. So diverse. Plus after a recent rash of airline glitches, there are new calls from congress for airlines to overhaul their i. T. Systems. We will talk to that man there, senator Richard Blumenthal, one of those lawmakers behind the initiative. He and senator marky from massachusetts sent a letter today to those airlines seeking answers to the latest glitches here. And reporting earnings after closing today, tech giant getting toward layoff 14,000 employees, nearly 20 of its work force. Shares down about 1 on the news with those earnings coming up. Over that over the next couple of hours. Lets get to fed minutes and markets reaction in a minute. First a closer look at todays earnings mess in retail. Courtney reagan has the low down for us. Plus some recap of the special guests you had last hour. Courtney . Hi, bill. Remember last week we talked about retail resurgence, but i said, whoa, not so fast . Today targets tr
A panama law firm called Mossack Fonseca, 11 million documents taken from that law firm, given to a german newspaper, which shared them with a Global Consortium of Media Outlets around the world. In those documents, according to the reporters who had a chance to go through them, are accounts of World Leaders, as many as 12 World Leaders who set up shell corporations using that Panamanian Law Firm to allegedly hide assets around the world. One of the leaders under scrutiny today is Vladimir Putin. His name does not show up in the documents personally, but the names of a lot of his close confidants and inner circle do show up in those documents. The kremlin has already had reaction here and were getting reaction from some of the world capitals to this story. Kremlin saying this report was simply an information attack on russia. Also reaction from the icelandic Prime Minister who is being interviewed by a Television Crew when he was asked about this. He stood up, walked out of the intervi
At the peak today. Mayer still in the crosshairs as she takes on starboard. Could we see changes . A question weve been asking since the day she took over. Unfortunately. More Political Drama today, ben carson, may have heard endorsing his former rival on the campaign trail, donald trump. We have someone who knows a thing or too about drama, Ellen Burstyn, her new role in the current season of house, what a great job shes done. Well get her take on the current political field which shes very active in among other things in a little while. Looking forwards to meeting her. New details on 100 Million Bank Heist and why some are blaming the new york fed. This is a tricky one for them. Very tricky. A lot of money involved there. Lets start with the markets rally, david is back from us and jonathan from Meridian Equity Partners at post nine at the big board and Rick Santelli checks back in from chicago. We were both gone yesterday john, but the European Central bank cut rates to zero and the
Customers, facebook is finding out what it means to be a hardware company. Yes. On Major League Baseballs opening day and today as well, rob manfred will join us at post nine to discuss ticket prices and a lot to talk about. It will be a very interesting conversation. We want to start with tesla. Shares are popping today on reportedly strong early demand nor the mass market model three car. Phil lebeau has been following the figures from a tweet storm of elon musk. What do we know . A big three or four days for tesla and elon has been tweeting and giving us numbers on the amount of reservations placed for model 3. At the end of saturday night, 276,000 reservations, likely much bigger than that now but we havent gotten an update from tesla. The base price for model 3, 35,000. That means if they only sold 276,000 at the base price and we know they go for much more, they bring in 9. 6 billion when those sales were completed. By the way, model three deliveries start in 2017, by then it wil