Francine welcome to the pulse. Right here in london, i am Francine Lacqua. We have a great show lined up. Joining us, Rupert Harrison, chief macro strategist at blackrock. Lets check in on the markets. We will be joined battle mark gilbert just joined by mark gilbert joined by mark gilbert. Dollar weakening against most major peers. All jumped gold jumped. Equities decline in europe. Asia also declining as oil retreating a touch on brent. Where at 48. 44. Is get to the burkes first word news with nejra cehic. Nejra the minutes from the rba meeting where the Central Bank Cut Interest Rates for the second time in four months were released today. The cuts would boost inflation. Big investment banks, the European Headquarters in london will start the process of moving jobs of u. K. Within weeks of the government triggering brexit. That is according to people briefed on the plan being drawn up by four of the biggest firms. They say executives are planning for the worst as they will lose the
This morning on the kron 4 morning news. New information on a deadly california a fed ex tractor trailer hit a bus full of students from southern california. Who were on their way to tour Humboldt State university. The crash happened in glenn county, west of chico. A National Transportation safety board team is set to arrive thois morning. To figure out what happened. Stephanie elam is live in glenn county for us this morning. Humboldt State University released a statement after the crash tonight saying quote. Our hearts go out to those who have been affected, and we are here to support them, way possible. Fedex also released a quote our thoughts and prayers are with everyone involved in the california. We are cooperating fully with authorities as they investigate. Several people took to twitter and other social media to post pictures of the crash and its aftermath. James youre looking at some of those here. Witnesses on the scene say emergency workers were on hand to help the walking
Schatzker. Im Stephanie Ruhle, a cosco member actually. Are you . Im. I dont get there very often. Maybe i am not getting my 50 bucks worth. Our guest host for the hour, greg fleming, the president of Morgan Stanleys wealth and Investment Management businesses. No question we need to start with the markets. Clearly there was a lot of volatility last week. Yesterday seen aims seemed a little better but the dow today atdown 106, it was down 150 one point. This is volatility. What does it say to you . One thing i will say is in the Fourth Quarter in particular in 2013, really throughout the year, it was a very strong year in equity markets and volatility was down significantly from 2012, down from 2011. 2013 was a very benign year. May be abnormally benign. There are a few things on the horizon, including the fed and taper and topics we will talk more about. And markets are a little more antsy. When you look at a morning like today, specifically why did features turn as negative as they d
Unless something unforeseen and dramatic happens between now and next spring, and it could. If it doesnt, Elizabeth Warren will be the democratic nominee. That as they say has implications for all of us. Her many terrible policy ideas, obviously well get to those in a minute. More immediately there is warren herself. You will be seeing a lot of evizabeth warren over the next year. She will be on your Television Screen nonstop and youll hear her voice rising from your car radio. If you live in iowa and New Hampshire or South Carolina, yov may find her in the flesh loitering outside your starbuck or waiting on your doorstep. Prepare yourself. Wherever there is Elizabeth Warren, there is falseness. False is who she is. She is inauthentically there. Pretending to be an indian is not the least real thing she has ever done. She is also that synthetic, even when she sitting in her own kitchen. Hold on. Im going to get me a beer. My husband bruce is now in here. Do you want a beer . Ill pass o
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