Man opened fire and a Movie Theater last night. He killed two people and wounded nine others before killing himself. The shooter tried to escape and then turned back when he saw police entered the theater. Governor jindal when these acts of violence happen in a Movie Theater, when there is no real good reason why this kind of evil should intrude on the lives or families were out for a night of entertainment, a lot of us were horrified and shocked. The great thing about america is when any of us suffer, we all suffer. This is a time for us to come together. Vonnie and we have breaking news. Anthem will buy signet cigna. This had been telegraphed. Were waiting for this to become official. Anthem is buying cigna. That would work out to 48 billion, creating the Largest Health insurer in the United States. A year of talks. Tom and a moment in our financial history. I wish chris halen with you chris whalen was here. Ive never seen a headline that says anthem combined company sees accretion a
Got slammed today with the dow plunging 92 points and the s p sinking 7. 28 and lets go through the biggest episodes of the day to explain this twosided theory and the side that we weighed on the market and the side that we ought to consider. First, theres oil. Right now were at the bottom several times before. Exxon, chevron and royal dutch were negative about the oil markets when they reported last week. Of course i find this somewhat ironic considering that they were positive all of the way down. In fact id say these big integrated oils were depending on a vshaped recovery and a ushaped recovery and now no recovery at all. Normally i would say lets go the other way and be contrarian because if they were way apart, why should i trust them now . Given that they spoke last week theyre taking it pretty seriously and not only that but iran came out and said the moment the sanks are lifted theyll immediately increase output by 500,000 barrels and add another million per day in a month and
President obama approving use of airstrikes to protect antiassad forces. Wildfire is getting worse. California firefighters battling 23 separate fires. One firefighter has died for hundreds of been forced to leave their homes. At t releasing its first package after the merger with directv. The Wireless Phone Service Costs 200 a month for the first year. It includes hd and dvr service for four tvs, unlimited talking tax for four phones and 10 gigabytes of shareable wireless data. American pharaoh has done it again but is essentially the grand plan of the triple crown winners with the invitational new jersey taking 1. 75 million. 20 million to win again. Back to our top story this morning, run for the white house. Really not the First Campaign in iowa and New Hampshire. Spots focus on family, especially her mother direct the period all over america who fight for their families and never give up. Thats why im doing this. Sandra hillary faces an onslaught of god but the story generating so
Exit balancing act. Mark carney walks the line between growth and inflation. How does the boe make policy in the dark . And the year of suspense. The fed takes the pressure off the frank but what does a 2017 political upheaval ahead mean for this safe haven trade question mark lets talk a little bit about where we stand in terms of the markets right now. The futures trade, were looking at the ftse which is absolutely flat as we watch what is happening. Lets talk about the next trade. What is going on with the smb today . The snb are expecting to hold that they are at a 75 basis points on their key rate. The important thing i think for the resident was him i will be speaking later this morning is that not only did the fed raise rates but they pushed up there dot plot. The expectations from the fed interestratee increases in 2017 and that kind of normalization makes his job little bit easier. It takes some of the pressure off the swiss franc as a safe haven currency and it does not have
I was telling my kids about this conference yesterday and they were reminding me of the movie back to the future and that wonderful moment where marty mcfly is talking to the scientist professor and he asked him something about the future. And he said in the future, Ronald Reagan will be president. He said, the movie actor . That is crazy. Our politics have changed. We have a wonderful panel here, for superb, exciting papers that do fit together, it will be my job to talk about that in the discussion. What we will do it is each speaker will present for 1315 minutes, 15 minutes maximum, i will cut them off at that point. I will then give comments for 56 minutes and we will open it up for discussion from the entire audience. Id know we have a lot of experts in the audience who will have a lot to offer. I will introduce the four panelists right now and we will go in order. Seated immediately to my right we have fritz bartel, finishing as we speak his dissertation at cornell university. Hi