You know what its like. You have twins. Werent they born on the same day . They happened to be born on the same day. I think you mentioned that. You have to gear up for that stuff. You can see right now, a mixed picture for the futures. It looks like the dow futures are up by 26. The dow was up yesterday by 236 points yesterday. The s p was up by more than 1 . It closed at its 17th recordhigh of 2024. Again, it ooh is only march 13 ft. So thats pretty rapid success for all of those new highs. The nasdaq was up by 1. 5 . It reversed two days of declines. This came after the cpi number was a little hotter than anticipated. All in all people looked at it saying housing inflation was coming down to some extent and it with was good news. If you took out treasury yields, they were higher. They jumped on the cpi. The 2 yeee2years at 2. 6 . Alaskan airlines is confirming the plane that lost the door plug was actually scheduled to under go maintenance later that night. I roy. To get straight to
Markets have just come online. Grace we are getting down to asias Major Trading opens. The rally on wall street as traders look ahead to the latest inflation print for clues on where the fed reserve will go next. Quick satilla to assets. Bitcoin has tended to go for the first time in the debt after disappointing chinese demand. And President Biden lays out his budget plans as he gives out for reelection battle with donald trump. Lets look at the set up as we get into some trading here in australia. Looking for a pretty mixed opening across the region. A cautious session on wall street. And in inflation data. We are seeing pretty flat trading here in sydney. We are watching some of the commentary from the rba this morning. Talking about some of the caution. Quite a bit of caution across this area. Even across asia. Taking a look at the equity session. We did have the recession for australian stocks in a year ahead of the u. S. Cpi. That biggest loss all year potentially set to extend in
Gary cohen. Just the man i wanted to talk to. How do you read the numbers today, too hot for comfort . Sara, i read the numbers as everything in the economy is starting to normalize. You know, weaveve been talking about the recession, the hard landing, fed increases, talking about fed decreases. I think what were starting to see now is an economy thats acting a lot more predictable and a lot more normal. The standard deviation of each of these numbers is starting to shrink. Were now talking in tenths of a point versus half of a percentage point. Were now talking about a fed, will they go this meeting, will they wait a meeting . But even in that discussion, were talking in 25basis point terms. Were not talking in 75basis point terms. Were not talking about when is the fed going to stop raising rates and cutting rates, which was the discussion we were having a year ago. We were having a discussion, were raising rates now but well be turning around very quickly and lowering rates. I think
Throughout most of today across Central Florida and more activity to the south. A little more moisture across the state. Still fairly humid. We are not drying things out at the surface. All mid and upper levels of the atmosphere so we are not seeing as many of those showers around and seeing plenty of sun. So yesterday, we are all the way up to 93 degrees. Set a record high at 93 yesterday. Right now we are at 78. Dew points at 73. Humidity currently at 84 currently we have calm wind and we will continue to see very light winds as we go throughout day. Plenty of sun whether i allow these temperatures to warm up once again. 73 right now over this brandon. St. Petersburg to 80. Bradenton and sarasota at 78 degrees. As we go throughout afternoon, these temperatures warming up very quickly once again. An isolated chance of shower into the Late Afternoon hours. Slightly better chance of storms around for tomorrow. Football forecast coming up. Just a little. Start with a developing story out
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