Dark in there. Lets start right into the game plan, since weve got so many Big Companies reporting. Bank of america. They have cost shareholders little but grief. The fed needs them the most to get going. It cant make as much money unless the fed raises rates. Will they surprise us . Perhaps. But bank of america is no j. P. Morgan. After the bell ibm reports stocks have been on a fabulous tear. Ibm has reported disappointing earnings for three straight years thats an incredibly long losing street. Watson is real, but the good news has not been able to trump the bad news of the older legacy business getting weaker. Thats the problem. After the last quarter, i thought the stock had come down enough to finally tell you to buy it and it would bounce. It has room to grow. Two more very Controversial Companies come after the close on monday. Its netflix and yahoo. The former acts like death. Its in the penalty box. Nobodys expecting much this time around. Thats a positive. I think the market
There already helicopter money in the markets . They are buying so much of the debt already, pushing the maturities out. Are they really financing stimulus . Deciding many years ago what theyre going to do. In mike will bring with with his interview Esther George. Her outlook for inflation. You have to focus on inflation, jon. Jon lets get you up to speed. Teachers marginally negative, down. 2 in the u. S. A soccer session in europe with the ftse down. 25 . Soccer session in europe a softer session in europe. The bloomberg dollar slightly softer. Covering the bond market as well come a quick look at commodities, the index coming in just a little bit. It is very much a Federal Reserve story. Alix a risk off day, little bit into friday. Lets check in with our bloomberg team. Matt boesler on janet yellen. Onon clark in tokyo helicopter money coming to japan. With investoryde confidence 26 hours to go. What will be here in the next day . We hear in the next day . How its interesting that f
At first he was given a field sobriety test by troopers before he was handcuffed and taken away. So they do have someone arrested, somebody in custody for this. But again a state trooper based in cleveland was pulling somebody over, got out of his cruiser when he was hit and killed. A very tragic situation that has i90 westbound near the cleveland lakewood border closed. It is closed for several miles. Traffic is backed up. We have a lot of traffic that is actuly heights boulevard as an alternate. Obviously an area that you are going to want to avoid this afternoon. Thats the latest from cleveland. Derick waller, newschannel5. We want to take you to clevelands air tracker 5 for a look at how this tragedy is tieing up traffic right now. John, tell us what you are seeing. Reporter well, frank, you are looking at the ramp from to go to 90 westbound just coming across the bridge. It is causing traffic to backup well past dead mans curve, stretching to about east 55th street. It is moving a
D what i ca your discretionary mad money pfile. Icis a big reasonhy i wrote get richarefully to begin with. Even if you dont own individual stksctly you probably ha some of exp t the ock maet. A 1 planhere you kepthe bulkf your retirement fun, which i want to take a moment to talk about retireme. For thos you living in a cave40k plan a e main merans se. Theyre offered byyour employeandyre ahere fe iesent vicles there, along with the i. R. A. Imlking out the individual requirement ccou. Wait for those of you whore about to flasleep or change t channel becahe whe id of savi foretiremtuts you to sleep, hea me out. Because you need toknow thi f. M going to tel you some things that u wot hear from e soalled perts. Is shois differe. At thipoint, itsetty mch become coonal wisdoth you have to invesn you 401 k . Th a idi would not contribute to a 401 k plan. You to max out your 401 k if you me engh money for tt to befeasible. The maximum coribution tds toe ingup over tie. 17,25, 1800 in 2015. T
And have a deep understanding of quantum physics. But you know the one thing they almost never teach you in high school let alone touch with a tenfoot pole in college . Financial literacy. Im not talking about economics here. You can be an econ major and learn how to invest your money wisely. Money just not talked about in education. Its like the third rail of the whole educational system. And thats why im on a Constant Mission to teach you about every aspect managing your money so youll be able to become a better investor both when it comes to retirement investing and what i call your discretionary mad money profile. Which is a big reason why i begin with. Even if you dont own individual stocks directly, you probably have some kind of exposure to the stock market. A 401 k plan where you keep the which is i want to take a moment to talk about retirement. For those of you living in a cave 401 k plans are the main way americans save. Theyre offered by your employer and theyre among the g