Tom and john are both on a cruise together. I am joined by manus cranny and damien suss our. Manus you will get a lot of guys side notes. Where do you want to go for defense . Lets go long with amazon. I think the street has 65 vibrating and one hold rating. Lisa i was looking at some of the flows and there was the biggest inflow into tech stocks for the past week in the past eight weeks. It feels like i the dip underpinning everything. Maybe this excuse to sell everything yes its geopolitical. Manus when we came in here on monday morning we ratcheted by 15 basis points. Look at the shorts on treasuries and they are building again with open interest bond treasuries. They are rebuilding short positions. Damien rate differentials are the name of the game. We have a lot of Central Banks meetings coming up, we have malaysia, norway. In emerging markets theyve been in front of the fed on cutting rates. Lisa they have been ahead of the developed world banks. We will get the pce figure. How m
Cable down 1 10 of 1 . Theyll the u. S. Dollar. Gold, a little bit higher and the vicks still stable. What it wants a meaning for equities, we will tackle that. David a big day not just because alix is back. Itsbank of england with latest Monetary Policy decision. We will get u. S. Weekly jobless claims. At 9 00, republicans promise they will give the details of their tax reform bill. 3 00 this afternoon, President Trump will announce his pick for the next fed chairman. Jonathan President Trump is jerome be tapping powell. Heres what guests worldwide have been saying about the man who could be the next chairman of the Federal Reserve. Experience is in private equity as a salesperson rather than investing. Im not sure what he knows about the inner workings of financial system. I dont agree with bill grosscomments this guy not being an economist is a hindrance to his ability to do the job. Powell has the equivalent of more than one phd in Monetary Policy given all the time he spent in go
President obama said there are larger issues to be resolved and they wont be fixed by throwing bottles or breaking car windows. He spoke last night. The situation in ferguson speaks to broader challenges that we still face as a nation. The fact is, in too many parts of this country, a deep distrust exists between what enforcement and communities of color. According to prosecutors, the most credible witnesses told the grand jury the teenager Michael Brown charged that the Police Officer just before he fired the fatal shot. Turns out that chuck hagel did not put up a fight with president obama asked him to resign as defense secretary. One pentagon official said he was ready to go anyway. White house officials disagreed with hagel over policy. Hagel was frustrated with the white houses management style. None of that came up when the announcement was made yesterday. It has been the greatest privilege of my life, the greatest privilege of my life to lead the most important, to serve, to ser
I am amused by those who point to the small size of the Greek Economy to the relatively small size of the Banking System and suggest it means it has no or very little systematic risk. I think we should have learned over the last two years that none of us can fully and easily anticipate where Systemic Risk may come from. European stocks advanced on news of the greek retreat. Germanys 10 year yields are below those of japan for the very first time. Australia, the central bank unexpectedly cut its benchmark Interest Rate to new record low sings local currency remains overvalued. The world banks joins a dozen of its mobile parts and easing this year as Commodity Prices tumbled. 13 banks in its february 3. And it is for your third. Is february 3. According to Chris Christie, amid an Measles Outbreak that sickened more than one of the people, the governors on a threeday trip to the u. K. Quickly did an aboutface in his Office Issued a statement sing he believes with the disease like measles,
Fluids, you have to be completely covered. That will be one of the things, the protocol will be finalized soon, but one of the things will be complete covering with no skin showing whatsoever. Health Officials Say in the u. S. , more than 300 people have had possible or verified contact with ebola patients. The World Health Organization has declared nigeria ebolafree. The u. S. Is ramping up efforts to keep Islamic State from over running a key syrian city. Dropped eight to go bonnie. Aid to kobani. Plates of been attacking Islamic State forces in the area. Ibm promising to make what it calls a Major Business announcement an hour from now. According to people who know ibm will begin be getting rid of a company that makes chips. Unbelievable. The chipmaking unit has been a drag on their earnings. There is a report that a group of investors plans to make a 2. 2 billion bid for reebok. Reebok is owned by a deed us. According to the wall street journal, and hong kong private equity firm wi