In remarks this week, we all learned a new spanish word this week. It is very important to spanish roots. Megan it is important to spanish roots but talk about something that is global right now, and that is the decline in connection, a common connection, a common spirit, a common purpose. That is the word used in spain. Would we are talking about is the conflict in spain, Catalonian Independence and what amazing shock factor and a Ripple Effect throughout spain is that battle continues to rage on. It is also a global phenomenon, we are seeing the rise of populism in many parts, particularly western democracy. Are we seeing the disruption and perhaps even the dismantling of the bonds that have kept us together in a unifying human spirit and purpose . Carol we were embracing of the differences and that we are pushing back. Megan exactly. And now, instead of becoming a melting pot or a place where we can bring differences and still be in support of something bigger than ourselves. Has th
Are half an hour into the trading session. Julie hyman has the latest and a different picture today thanks to mario draghi. Some also thanks to retail earnings. Seeing an overall lift in stock markets. All three major averages are trading higher. If you take a look at my terminal, Consumer Discretionary and utilities are the best two performing groups. Consumer discretionary gaining along with those earnings. Utilities doing well as we continue to see that slump in bond yields. We are seeing quite a lot of news coming out. It plans toouncing buy back 12 million of its share. Foot locker out with numbers that Beat Estimates. The shares are rising after it raised its forecast for the full year. The company is putting itself up for sale. That rising in terms of retail. More news in retail. Even though the Company Numbers missed estimates, it cut the fullyear profit forecast. Finally abercrombie fitch, a lot of optimism. It is finally taking hold. Hollister sales, up 3 better than estimate
House for a third time. Peter, good afternoon. Big news in the world of politics. The suspense is over. We will not see a third run for the white house from mitt romney. That decision already rocking the 2016 Campaign Just as his flirtation with the run was scrambling the race. He broke the news this morning on a call with supporters and donors. He said he was confident he would win the nomination again, raise the money he needed an muster the organization required. He said he stands the best chance today of defeating the eventual democratic nominee but acknowledged that might change if the rest of the republican field makes their case. Here is part of his call. I feel it is critical that america elected conservative leader to become our next president. You know that i wanted to be that president , but i do not want to make it more difficult for someone else to emerge who may have a better chance of becoming the president. He acknowledged it was a difficult decision for he and his fami
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