Pay a slightly higher rate on their homes. That will take time. It is likely it may not have as much effect as people fear. There are other factors that would likely keep Mortgage Rates in check. When we survey the economists, they expected the fed to move by september or december at the latest. They predicted the Mortgage Rates would increase maybe a half point by the middle of next year. And some of the other findings, Economic Growth to remain by low 3 through 2017 is the expectation. Wage increases to remain below 3. 5 annual average and many expect hiring to fall to 175,000 a month, which would be down from recent years. Right. So, right. Those are some of the more where people are expecting more moderate but not gang busters growth. There has been this hope where the long run average for the u. S. Economy is about 3 annual growth. We havent had that since the recession. On jobs, we have been getting fairly decent, average, about 240 jobs per month for the last year. As the Unempl
Anything and wait for them to pay me back. I am not looking to pay 200 up front. I was not at the party that caused you to not have the money. I am not going to be responsible for anything that is not my doing. Do you know what im saying . To you mr. Mayor. Ii got on the bus today could not believe it. Thank you mr. Mayor for that. But there all are a whole lot of things that are keeping us from functioning as proper human beings. Damaged except for a little bit. , i cannot the debris get anything done. You said you live in algiers. In lower algiers. Give heru what your address and we will get the debris taken care of. Thank you so much. Mayor, i am reverend howard. Dont cut me off like you did before. Two minutes. [laughter] i am here because i have been appalled. And i am first of all, at fema. Mr. Mayor you gave them your plan for the seller parks. My question is what does fema need to have to put those trailers where the requests were made . Where are they . Does it mean that you a
I am here in nantucket. Later on throughout the weekend, you wont be hearing from them, but i hopefully will be giving you news on monday. Chris matthews, they are all here in nantucket talking big ideas. So we will bring you that throughout the next couple of hours. Becky, back to you. Looking forward to it. Andrew, well talk more in just a moment. But in the meantime, lets get everybody caught up on wall street. It is waking up to green arrows this morning, a welcomed sight for the bulls after yesterdays selloff. Take a look at what the u. S. Equity futures are doing at this point. Nasdaq futures up by 20 points on the s p futures up by just over 6 points. Volatility, definitely jumping back into the markets this week. The vix soaring nearly 18 yesterday, all the way back to above 15. 5 . It seemed as though no one was spared from the carnage yesterday. All 30 dow components finished lower. The blue chip index dropped below 17,000. This was its biggest decline in about two months. Yo
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
Moderate and then if the army crushed hot spots popping up definitely let you know and other busy morning on the bay area and seven to start cleaning up from the storms huge sinkhole opened up and sixth avenue in San Francisco coach and more on the specs in cold crews busy throughout the day learned that this is a four day believe. Projects as this is a huge only a quarter mile from kiri fortunately on a residential area at as much traffic as it would but you can see how huge is to apply where everyone its for safety lime barricade around 11 ft. Deep 20 by 20 the crews are here the places very loud and the skin of know where the news that the rainfall would cause some problems and the problems during the rainfall right beneath our feet 11 this neighborhood you saw the sinkhole grow look up every morning at that point the public once see there is why saw the having a little cynical across what theyre for. Time and it patched periodically. And the bumper came out hit the ground as a past