Fed funds rate the chairman talking about the action and admitting that the cut may not be a cure yall, so to speak we do recognize the rate cut will not reduce the rate of infection or fix a broken supply chain. We do believe our actions will boost our economy. Avoiding a tightening of the conditions that will help boost household and business confidence. Then stocks whip sawed with stocks ending down yesterday, the yield dropping below 1 for the First Time Ever take a look where we stand now at. 94 as we speak quite a bit lower quite a day. You want to get ahead of these things but can you we were up 1,300. I know. Im not listening actually i do want to know your predictions. He would shave to do it at some point i think there is no winner here exactly if they didnt cut, you are skpengting why didnt they cut and the markets go down . What do they know nobody else knows. At this point, it is pure insurance trying to loosen liquidity. You look at people looking at mortgages. I locked i
Months lets take a look at the treasury markets watching the 10year back up this morning above 1. 8 at 1. 811. Investor tensions remain on iran even with that snap back yesterday. Tensions mounting with the u. S general Qassem Soleimani was buried in his home town of kerman officials have threatened retaliation against the u. S. For the targeted killing the defense secretary has made no decision about withdrawing troops from iraq another surreal day with that letter that came out from a general that was not signed. Later, they came out and said that was a mistake wasnt signed, poorly woorded wasnt in its final form but to let you know, we are withdrawing from iraq. Let me start with that. Flip the order here and start with that letter we spent several very confusing hours at the white house as officials scramble to figure out what the heck is going on after a marine corps general in iraq sent a letter in which he appeared to suggest that in response to the Iraqi Parliament vote to remo
Frontiers for that sector in the new decade and facebook being called the new cigarettes for our society by the founder of salesforce. Com his critical take on the social media giant as Worldwide Exchange begins right nowe to exchange im dierdre bosa in for Brian Sullivan the second to last day of 2019, take a look at stock futures right now pretty much flat they are on track for a block buster year as i mentioned the s p on track for potentially its best year in two decades if it can squeeze out gains of nearly 30 . 29. 6 is the gain that we are looking at dow jones and the nasdaq also on track for a record year. Moving on to the bond market, the yield on the tenyear note currently 1. 912 lets go worldwide now in asia, markets were mixed in the last two days of the years investors awaiting updates on the trade deal and increasing tensions with north korea. Japan wrapping up its final trading day of 2019, down slightly, but the nikkei, that was up 18 for the year and what a turn around
A sham its a hoax and nothing was done wrong 0 was done wrong i think its a horrible thing to be using that tool of impeachment which is supposed to be used in an emergency and it would seem many many many years apart to be using this for a perfect phone call where the president of that country said there was no pressure whatsoever didnt even know what we were talking about it was perfect the relationship is perfect its a scam its something that shouldnt be allowed and its a very bad thing for a country and you are trivializing impeachment. The u. S. And china have reached a limited trade agreement donald trump confirmed hes canceling new terrace they were due to kick in on sunday in return chinas going to buy more American Farm products but analysts say the deal falls well short of what donald trump actually wanted when he fired the 1st shots of the trade war last year alan fischer has more from washington d. C. The white house says that this is a significant and important agreement d
Next, financial analysts review the impact of Artificial Intelligence on Capital Markets. House Financial Services subcommittee examined ais impact on minorities. Cyber security measures, encouraging more young people to Study Technology and how the us can remainglobally competitive. The task force will come to order. Without objection the chair is authorized todeclare a recess at any time without objection. Members of the full committee not on this task force are authorized to participate in todays hearing. This hearing is entitled robust onwall street, the impact of ai on Capital Markets and jobs and the Financial Services industry. The chair will now recognize himself or five minutes or an Opening Statement area thank you all for joining us today for what should be avery interesting hearing of this task force. Today were looking at exploring how ai is being deployed at Capital Markets from automated trading to Portfolio Allocation to Investment Management decisions. Were going to co