The markets. Jp morgan did not use brexit ate my homework as an excuse to imply lower numbers. Jp a lot of people were nervous, they did not take that bite. A great relief. Financials up right across the board. Earnings trends, only a few of them have been beat. And i want to show you whats going on here. Since these companies started reporting, this has been their stock prices. Alcoa, delta, jp morgan, every single one of them. Lets take a look at the banks. It is very traditional for banks to go up a little bit. Thats jp morgan and sell off after it. And banks are leading, up about 5 . So far just this week. The head of the Worlds Largest asset manager getting a little worried. Heres larry fink on squawk box. Here we are. Were seeing investors worldwide pausing. We have seen quite a large sum of money being pulled out of equities over the last year. And yet were at record highs. This rally in my mind is not i dont think we have enough levels to justify at this moment. Reaction now. G
Were also engaged in reform and recovery. In fact, we face the offense concern to that express. Without reform there can be no recovery. In saying this, i must say the reform is better achieved in good times. I do not, however, find this argument particularly compelling. President obama is considering whether or not to close the prison camp at Guantanamo Bay in cuba. To do that he would have to override congressional octoberives and theres about 150 inmates contained and president obama pledged to close the Guantanamo Bay if a i will isty and john mccain has a message for turkey. You need to do more in the fight against the Islamic State. A id have credit to create buffer zone on the border of syria. What they want is what i want which is a buffer zone and no fly zone so i agree with the turks in that if you really want to change this momentum you have to have a buffer zone and no fly zone and that has been rejected by this president. Mccain says eventually Ground Forces will have to b
Yesterday. This morning you see green arrows across the board. The dow indicated to open up by about 63 points. S p futures are 8. 5 points above fair value and the nasdaq up by more than 22 points. The bond market, the tenyear note is yielding 2. 722 . And check out the dow utilities. That index closing at a record high for the first time in six years. It added three points to close at 554. Yes. Well see what happens today. Lets get over to andrew right now. He has more of todays top corporate stories. Andrew, good morning. Good morning to you, becky. That whole Net Neutrality issue may be over. Netflix will pay verizon to deliver Faster Service for delivery of its movies. Netflix struck a deal with comcast to pay for faster delivery over the internet through a practice known as interconnection. Weeks later, Reed Hastings came out, saying he reluctantly agreed to pay the fees so his customers would get better service. Now its a trend. Prices of netflix may be going up as well. Thats t
Other immigrants. But we did not take account of it and youre right. The data dont tell us. I am dr. Caroline a physician and Health Policy analyst. Did you look at what seems to be the financial in the economy what stieglitz distinguishes between people that make the pie bigger and just take a larger part of the pipe, equity, capital where they come in and make the company more efficient by the staff and then they dont take that money and invested into another business to do the same thing so the money doesnt go to new companies producing new things and offering new jobs. It just goes to the reverse mortgages. We avoided a lot of the issues that you raised, however, by looking at ed and rather than average income. So a further to average, than the fact you have these enormous gains at the top of the average. And so, thats why we choose the median. So we wash out some of that. Is that an independent fact your ensuring to explain whats happening to the economy, that job creation in wage
Behind the scenes of the gop as president obama prepares for his second inauguration. Those stories and much more ahead. Next, ali velshi explains why we still dont have a budget and how our elected officials have bungled a basic business process most of us handle with ease. A must see. Your money starts right now. Jo americas road to economic recovery is wide open, right in front of us, if our elected officials dont put major blocks in your way. Im ali velshi. Debt ceilings, budgets and spending cuts are all youll hear coming out of washington for the next few months. The partisan warfare in washington could put a dent in any recovery. The threat is real. The next battle will be another clash over raising the u. S. Debt ceiling. The current ceiling was officially hit on december 31st, but like last time the u. S. Treasury is using extraordinary measures to get through about late february or early march. If congress doesnt act by then, the government risks not being able to pay some of