How far will this scandal take us . Turbulence and the discount carrier space. We are less than a half hour away from the start of european trading. No sense of direction. The agent session did not give us much. It didnt take us forward. The treasuries were closed yesterday in the United States. Aat we are starting with, is blank piece of paper when it comes to the markets, and a directional story we will talk about. It is going to be interesting to see how we work through the day. Wasstory out of asia interesting in a few ways. The biggest story to me, the big political story coming up is what happens in china this morning. Austria, interesting. The town out of this is that the dollar is weaker. First word bloomberg update. Banks, guy. Catalonia faces a day of reckoning. Barcelonas mayor has said the results of the referendum cannot serve as a basis for secession. Read more companies are leading the region. Three more companies are leaving the region. The u. S. Has blamed turkey for i
Expect sluggish growth. He said he wants to take that think about and rates. Oil is currently unchanged. It has been bouncing around all morning long. Yesterday falling to as low as 42. 75 a barrel. It is entering a bear market, the 21 to its peak, and dollar coinciding somewhat with oil. That is holding your a onemonth high, gaining as much as 1 over the past two weeks. Lets get an update on what is making headlines outside the business world. We are checking in with them on first world news. Has won theel special election for the house seat in georgia for the gop. She took 53 of the vote against democrats. Democrats have hoped to capitalize on debt President Trumps low approval rating. In london, the queen said the government will try to maintain its subtle relationship with european allies. She outlined Prime Minister theresa mays legislative agenda in her annual speech department. Queen carried on without her husband, prince philip. He was hospitalized for an election. In saudi ara
Roadmap, eight years since the haines bottom. And aig ceo is out, what is next for the giant insurer . Ceos headed back to the white house. We dig into the return on a west wing meeting. The s p and dow looking to snap three session losing streaks which hasnt happened since january. We got that pull back in energy yesterday resulting in those losses. And as we said its been eight years since the stock market had bottomed. That of course was when mark haines made a very big call right here on this show. However, im going to step out on a limb here. This is the big hold on everyone. Weve been waiting for this. I think were at a bottom. I really do. Ever since what we call the haines bottom, the s p has surged more than 250 , the dow also more than tripling its gains. The nasdaq outperforming both indices up 360 . On that morning, which is actually the tenth when mark made that call, dow and s p closed up 6 that day. Well, mark was someone we all work with mark. I used to talk with mark a