The equity markets are getting a buzz. What is moving . There is talk about expenditures coming and. Let me check the notes. 60 of the oil and 86 a barrel. Of 2. 5 . More press speculation and they may be restructuring the business. Along with a number of videos of Oil Companies talking about the same stories. The commodity elements are at play. As far as the bonds are concerned, it is critically important. The Government Bond yields in america are trading at. 52 and have been going down with the longest decline and losing streak in yields terms since 2010. They are pricing in deflation and they are at record lows. You see them begin to understand the uturn. The indians or were at about inflations and lowered the rates. They are shocked with the unscheduled meeting by the central bank. What they have done is go to 7. 75 . Inflation pressures the country that was still healing with the overly inflated situation. You see the story really take root in the economy. Stocks to keep the ion i
Too slowly. It is an issue in japan, too. The yield on the japanese fiveyear bond has now fallen to 0 , matching germany. A sign the labor market is tightening up. Aetna is raising debatesemploys by as much as 16 an hour. The Insurance Company will cover marker health care costs. The Unemployment Rate has fallen to 5. 6 , making it tougher for employers to retain workers. The Obama Administration admits we blew it. The white house says it was a mistake not to send a highlevel representative to the march sunday in paris. Leaders from u. K. , germany, and israel were among those attending the rally for the victims of the terror attack. The highestranking u. S. Official there was the ambassador to france. Charlie hebdo will print 3 million copies of a special issue this week. The magazine will come out tomorrow, a week after the attack that left 12 people dead. What a debate this morning. The New York Times and bloomberg not doing it, but others are doing it. It is interesting, they put i
To the pulse. The greek fiscal odyssey moves on to germany today. Graces finance minister will meet the ecb president in frankfurt today. Lets get to our international correspondent, hans nichols in germany. What kind of a reception is he going to receive in frankfurt . Who is going to be the first dimension tbills . I guess varoufakis has to mention tbills because he has to figure out some way to finance. This entire longerterm payoff deal in maybe april or may, or even june, hinges on their ability to get some sort of bridge financing from the ecb. So far, theres been no indication that they are willing to give that bridge financing. They might need anywhere from 10 billion is one number in terms of raising the ceiling. The ft is reporting that the ecb is unlikely to raise that ceiling. Importantly, here in germany, my colleagues reported that Angela Merkels government is thinking about playing the long game to wait until april or may. Listen to what merkel had to say yesterday when
Throughout. Tom lee said himself, the financials, the idea that were out with some of those, that sounds like great news to him. Its something theyre going to be covering in squawk on the street right now. Expired, by which the underwriters can start saying what they think. And guess what eric schmidt thinks is the companys biggest rival when it comes to search. The answer may surprise you. Got his attention. A big day for Bank Earnings. Jpmorgan chase posting a Third Quarter earnings miss. Revenues, though, did exceed estimates, helped by fixed income, currency, and commodity training. Citi reported better than expected Quarterly Results while wells fargo came in right in line with what was expected for its Third Quarter earnings. The Bank Earnings coming one day after stocks posted the worst threeday losing streak weve seen since 2011. The s p 500 down nearly 1. 7 , closing below its 200day moving average for the first time in almost two years. I said 1. 3, it was 1. 7. And adding th
But it seems people would rather have the tortoise than the hare. The question about this one is whether we will get the same result. Yields are moving up. Well talk to Rick Santelli about that. Gold is getting slammed. Oil has been a little higher today and it goes back to the jobs report. Its jobs friday. Well see how that wraps up trading with an hour to go. The dow right now is down 57 points as traders troo toy make sense of where this leaves the fed and what happens next with the u. S. Economy. The s p is off 5 points and the nasdaq down 15. Declines of a quarter to a third of a percent across the board at the moment today. Twohour closing bell panel. Scott cavanaugh of first national. Weve got eric stein of eaton vance. Christine short from he is estimize. Weve Steve Liesman and Rick Santelli in chicago. Steve liesman, 257,000 jobs created. The Unemployment Rate dipped goes up to 5. 7 . Regale us here. Theres a lot to regale you with, bill, because i think the big story is not s