The suspect has been arrested. Campaigning has been suspended on the referendum on the european union. Egyptian investigators say egypt s voice recorder has been pulled from the mediterranean sea. The memory unit is intact. The plane crashed with 66 people on board. The centers for Disease Control says that three babies with birth effects caused by zika have been born in the u. S. The effects were also seen in three other pregnancies that ended. The cdc says 234 pregnant women have been diagnosed with the virus this year. From the Bloomberg Newsroom im , shery ahn. Bloomberg west is next. In for am cory Johnson Emily chang and this is , bloomberg west. Coming up, oracles transition to the cloud is accelerating. We will break down the companys cloud fueled q4. Plus, the price of bitcoin has gone up 70 in the last three weeks. We will talk to experts. And the cheapest, smallest satellites in the history of aviation are changing the space and game. First, to our lead. A twist in one of th
The ftse 100 is dipping into negative territory. Switch up the board. Here is the yellen scorecard ahead of that speech. What a run it, has been on over the last few days. It keeps climbing. Yields for a look bit lower by two basis points at 1. 86 . Is fascinating. We have a little history of what we might hear. Is speaking in singapore and talking about the dow plot. He said today that he thinks it is still a good idea to have the dot plot. He wants to wait and see if it wasnt a mirage. Jonathan i find it fascinating that Monetary Policy has been reduced to some dots on a piece of paper. Anchor i understand what you are saying. You caught up on the latest headlines with your numbered first world ms. Bloomberg first world news. The government has and access to data on an iphone used by terrorist. The government compelled apple to help. Police say a man was shot after pulling out a gun outside the u. S. Capital. Good in pretty condition. They believe the man acted alone. The suspect has
Consensus, 18. 2, 18. 2. Meantime were watching the month of december and stocks heading into the premarket. A month of gains, of course, for the First Time Since the month of may. Year to date the s p up in positive territory while the russell and the dow are in the red. Interestingly, jim, down for the first time in the past ten years. Thats surprising. I would think the people trying to make contributions for the 401 k would get started. I find that someone who regularly contributed soon has to start taking out. Whoa. Whoa. Its a natural thing. So i find that to be somewhat unnerving given the fact that when are people going to put their money in . Yeah. People are going to Start Playing the yearend target game. There i love. There are a few sessions to go. I love this period because there are anointed stocks. I talked about this last night. Ive been trying to flush out my list. Youve got to own this stock. A great piece this morning by paul vogel at barclays who talked about fang a
Now to the state of the u. S. Economy. Janet yellin getting grilled by lawmakers up on capitol hill. Stocks seem to like what they heard. Investors in stocks. Stocks have no mind in and of themselves. Its the investors who move it. But the investors like what they heard initially. Our senior economic reporter Steve Liesman has the details. Hi, steve. Tyler, thank you. Fed chair janet yellin giving no hint at the first feds first rate hike in nine years is imminent or that its not coming. The only definitive statement on the outlook for Monetary Policy is that it depends on the Economic Data and as long as that word patient is in the statement, there wont be a rite rate hike for at least two meetings. The fomcs assessment that it can be patient beginning to normalize policy means that the Committee Considers it unlikely that Economic Conditions will warrant an increase in the target range for the federal funds rate for at least the next couple of fomc meetings. As tyler said the fixed i
You have one on set with you, i think. We have one on set here. Weve been playing with this for the past few days. Looking up your noses . Looking up our noses. I thought i saw one on a stick over where you are. Am i wrong . Is there a gopro around here on a stick . Oh, yeah, youre right. Yeah, youre right. You know more than i do about was going on. This thing will be live on show . Thats dangerous. It is. This camera is dangerous. I actually one of these, by the way. I own two of them. I own one, too. What do you do with them, put them in your race car . Exactly. Theyre in my race car. Theyre tough. Ill give the gopros credit. Well be talking a lot about gopro during the rest of the program. In other news right now, new York Attorney general Eric Schneiderman who becky will be talking to in a little bit, too, is slapping barclays with its securities lawsuit. They alleged the bank gave an unfair advantage to its High Frequency trading clients. Orders on its trading venue. Instead rath