His troops of the truth, the House Speaker came up with this brilliant plan to hold off a Government Shutdown. How about a continuing resolution . Here is the thing about continuing resolution. They are the kardashians of congress. They are lazy, side and get more attention than they deserve. Ryan is hoping this onemonth can kick is enough to momentarily stave off embarrassment. Its not. Ryan should have his can kicked out of congress for his constant reliance on fictions thats portray shameful laziness at not being able to pass a decent spending bill. If there is a shutdown, its the party in power thats controls both chambers and the presidency. Their fault. Republicans have gotten so bad at messaging. Freedom caucus members are right to balance can at boy wonders lefthandedness. Just as they deserve more from an out of touch congress. Lets start the show. Im kennedy. The deadline for a deal is midnight sharp friday night. So will there be a Government Shutdown . And if so, who are th
You look at what has gone on with employment at whats gone on with the stock market. We have created now almost 8 trillion just in the stock market. Maria games to show you. Our industrial better then 100 points. Also in positive territory. A weakness on the selloff yesterday. Down 15 in paris. 27 points lower. In asia overnight as you see the shanghai and hang seng up on the cost be lower. Call it the crypto crash. Plunging as much as 25 just above 10,000. My one investor says hes not going anywhere near this craze. Shocking footage out of baltimore. Police engaged in a shootout while stopping a robbery at a 711. The latest as they hunt for the suspect coming out. Winter weather slamming the United States. Hundreds of Flights Canceled in the south is the threat moves north. What you need to know this morning coming out. One thing for sure. Not as bad as it is in russia. The shocking temperatures causing eyelashes to freeze. Plus, is it the end of General Electric as we know it . The m
Earlier today before turning negative were just off the lows of the day. Rates are in focus the tenyear is pushing past two six. Pete, whats happening we erase a 280point gain the other day. Then we go up more than 300. Then today we find ourselves falling as we speak. A little slipping welcome to the new world of the market welcome to the new world, and you talk about 1,500 points, thats why were seeing the volatility rise the way were seeing it. This is significant. These moves are huge they have volume behind them i was talking about the volumes the other day in the options world. 24 million, 37 million contracts over the last three sessions so volatility is here, scott i wouldnt be surprised if we start to see a new range for volatility everybody has been expecting it. But we get these kind of moves, and we still have plenty of different political reasons for the stock market to move, along with where i know, steve, in a note earlier today, was talking about what hes seen in the te
His troops of the truth, the House Speaker came up with this brilliant plan to hold off a Government Shutdown. How about a continuing resolution . Here is the thing about continuing resolution. They are the kardashians of congress. They are lazy, side and get more attention than they deserve. Ryan is hoping this onemonth can kick is enough to momentarily stave off embarrassment. Its not. Ryan should have his can kicked out of congress for his constant reliance on fictions thats portray shameful laziness at not being able to pass a decent spending bill. If there is a shutdown, its the party in power thats controls both chambers and the presidency. Their fault. Republicans have gotten so bad at messaging. Freedom caucus members are right to balance can at boy wonders lefthandedness. Just as they deserve more from an out of touch congress. Lets start the show. Im kennedy. The deadline for a deal is midnight sharp friday night. So will there be a Government Shutdown . And if so, who are th
Look at the green arrows back this morning, even though the government could potentially be shut down. S p futures up by 4. 5. The nasdaq up by 19. Well talk more about that potential Government Shutdown in a bit. Overnight in asia, the nikkei higher. Up 0. 2 . Hang seng up by 0. 4. So was the shanghai in china in europe, at least right now green arrows across the board. Biggest gainer of the major averages is the dax, which is up by almost 0. 9 percent. The tenyear yield hitting 2. 64 yesterday. Thats the highest level since september of 2014. Again, concerns about the Government Shutdown really pushing things well see what happens to the tenyear when and if a budget deal is found. Right now it looks like its setting in at 2. 63 . Some big headlines this morning. Ibm returning to Revenue Growth for the first time in five years. Shares are down. Theres weaker than expected guidance overshadowing that news the company beating on the top and bottom lines but took a charge of 5. 5 billion