Larry fink talking about the fed and the markets yesterday. The Federal Reserve is actually causing more disorientation in the marketplace, because theyre purchasing more than is being created by the treasury. And so i think they should get it over with, move on. I dont think it will be disruptive to the marketplace. Since they started talking about tapering, rates are down 75 basis points. That tells me they have not been aggressive enough. Thats very interesting. Beyond the minutes well be speaking to the fed, well be hear something other things this afternoon as joe mention. We do have new york fed president bill dudley. Thats coming up at 10 00 eastern time. Later this morning, janet yellen will deliver the ny kruu commencement address at yankee stadium. Stanley fischers nomination to be vice chairman of the fed has cleared a key procedural hurdle. Fischer is widely expected to win confirmation. Andrew. News this morning about deals. A new study facing hostile m a activity has reac
Including the Worlds Largest retailer, walmart. That report is expected at 7 00 a. M. Eastern time. Kohls expected to report. After the closing bell this afternoon, we hear from troubled retailer, jcpenney. Right now we see the Dow Jones Industrial average basically open flat. The tenyearyearolds, this is such a big focus. 2. 53 . Were looking at multimonth low there. Again, the mystery remains, why is it so let that chart up. Weve been talking about. You can remember, i really initially in february, it looks like it was late january or february, if we were going to go 3 anden was saying wed do 3 , it broke down from 2. 85. Becky and i had a bet when the tapering started. It was 2. 876. It would close above or below that . Weve been waiting for above 3 for so long. All those moves there, up down, up down, up down. Is the bond market so big and so much smarter than every other market, is it saying 3 is not doable . We have had guys come in here and give every other reason other than the
Associate professor of Political Science at fordham university. Gabe, National Correspondent for new york magazine. Im going to start with you, christina, i mean, this is a story we have been waiting for. Shoo im not sure youve had a chance because it was breaking as we came on air. Big picture, the significance of the times gaining access to these tax returns, we know the president has fought not to have these released to the public. What do you see as the big top line . Well, i did read the article. Whats so important, you know, we have to remember this will not move the needle with his base, not one bit. So Many Democrats have been calling cal calling for the release of the taxes. We rye loely on americans for p to pay into the system to provide things such as schools and roads, police and fire, so many elements and policy elements of society we rely on. Sadly, we see millionaires and we can put that in quotes with donald trump, but wealthier americans always finding loopholes and s
Today i mentioned earlier, sunset at 7 00, this will be the last day until march when we have the 12 howrs 12 hours of d. All right. Ll big changes. And we have fall, too. Snowfall advisories have becomish fog advisories are r becoming an issue. Speaking of fog, the orange, and what i have done with the radar, is the fog, so that is where th fog is, take it there and out to West Virginia and extreme south West Virginia. The temperatures are stillst falling this morning and we can see fall develop out to the west in an hour or 2. 2. The temperature, 49 dulles. 47bwi marshall. 47bw it should be a fine looking dayg we will have more in the way of cloudiness, and pleasant,ant, mid70s for the wednesday. Day. Beautiful, thank you, tucker. Lets go to julie wright tot get a look at morning commute. Reporter hi, guys, busy coming from culpeper, and an accident overturned track thatat is block overturned truckrned that is blocking a ramp to 15. In manassas look closely at accident activity on th
Good evening. Im Chris Matthews in washington. Federal prosecutors in new york have accused the president of criminal violation of the federal Campaign Laws. They say trump directed thats the word Michael Cohen to cover up a Campaign Contribution in the form of payments with two women with whom he had sexual relations. This comes from the Southern District of new york, not Robert Mueller, not the socalled 17 democrats the president says are working against him, not the deep state, not from a witch hunt. Its from one of the two Sentencing Memos filed in the case of trumps former lawyer, Michael Cohen, today, which are shedding new light on the president s potential legal exposure. As trumps longtime fixer, cohen pleaded guilty in august to Campaign Finance violations and making hush payments to two women on trumps behalf. And now, tonights Sentencing Memo makes clear that with respect to both payments, cohen acted in coordination with and at the direction of individual
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