Is waiting to see, even when you look at the market it looks like the 10year is sitting above 4. 3 the 2year well above 5 then youve got crude oil prices that are creeping closer and closer to 100 actually this morning theyre off by 1 , back to 22. It was around 93 yesterday. A lot of concerns over at Goldman Sachs. Theyre suggesting they they 12 months from now the price will be 100 for a barrel of wti. Weve been talking about this it would filter through, but the you know, it depends on how you believe. Theres two sides to everything, it seems like. I could debate either side it does hurt demand. Were going to be about 4 a gallon and that may cause people to rein in spending on other things its deflationary and inflationary i could see both ways. It works its way into every single thing from items that have to be delivered to manufacturing. The one thick we did see from bank of america, remember we had them in and we talked about what they saw over the last month much more went to en
With the help of our spectrum Cable Partners well explore the citys history and literary community, beginning with author pat oneill on the history of irish immigrants and how they helped build kansas city in what it is today. One of my Favorite Places in the whole cold is browns market run by john and john mcclain and cary brown. And they start the business in the late 1880s. Irish style. The oldest continual Retail Operation in west of the mississippi, maybe in the whole world. But browns is kind of our community center. One of those great Little Corner Neighborhood Grocery stores where people are extended credit in the neighborhood, people came here for generations, and its now kind of the same thing. People come here just to gossip and compare notes notes and head kids. So, its a much like a small town Crossroads Store in ireland. The title of the book, from the bottom up, its in the sense that in kansas city, were along the rivers, and the Missouri River in the kansas river and it
Evacuate power lunch starts right now for everybody in Southern California, its been a tough couple of days thinking of you guys the jobs data getting a bump to the bottom line. The nasdaq the bigger winner crude oil had been up 2 before it pulled back the rig counts, by the way, are out any minute now health care related. Alexon and celgene and mylan up as well. Another hot stock today, Sage Therapeutics this is on top of yesterdays 70 gain and the ceo will join us in just a couple of moments and steve, no shortage of stuff to talk about today. No. Very excited, brian. Especially with the jobs report. Lets get to it. Its getting to be routine economists say it should slow because of the population growth, theyre right about that part but the job market keeps surprising to the upside nonfarm payrolls up against an estimate of 195,000. October, september revisions not up much. Hourly average wages up just 0. 2 . And the Participation Rate also at 62. 7 Goldman Sachs saying despite the s
Cspans washington journal, live everyday with new some policy issues that impact too. Coming up on tuesday morning, a look at the future of the Affordable Care act of than the federal budget, and ongoing after negotiation. An issue that meredith talks about regulating as a social media platform. Watch washington journal, live at 7 00 a. M. Eastern. Join the discussion. Tomorrow, remarks from the house ways and means chair on tax reform. Hell speak at an event and that starts live at 8 00 a. M. Eastern on cspan2. Also a hearing on u. S. Public Health Preparedness during hurricane season. Witnessed testify and it starts live 10 00 a. M. Eastern on cspan three. You can listen online at cspan. Org were on the free cspan radio at. Each week we take a look at how your money is at work in a different federal program. This week were joined by chris, housing economist. Well talk about major housing and section rental programs for renters. Chris before get to that, explain what Apartment List is
Im mike santoli. Good to take over the show for you. This is a first for us. Absolutely. Weve never been on anchor desk together. Im enjoying it already. A lot going on over the weekend. We have a lot to talk about. We sure do. Lets get a quick check on the future the u. S. Markets you see not a lot of movement in the s p 500 indicated to open down just slightly, less than 2 points the u. S. Markets did have the first down week out of nine last week though not by much. Weve recouped most of it. You see the nasdaq slightly in the green. We will have more on these markets in just a moment. First, some big breaking news overnight. Theyre set to announce a major restructuring today. Ge will focus on three core units, aviation, power and health care while looking to exit the rest of its operations. One source tells the journal ge also plans to shed its majority stake in oil and gas operator baker hughes ge Ceo John Flannery is going to announce plans with investors. Hell sit down with cnbc