Bank of america and wells fargo beat, jpmorgan falls short. Results from delta and intel. Both coming ahead of consensus. And the read on retail sales slightly below expect tatioexpet Doug Mcmillan giving a rosier assessment. Bank of america had good Third Quarter results. Wells fargo had a beat as well. Its loans helping to lift profits. And jpmorgan missing with its quarterly results. Jamie dimon spoke about his banks expenses on last nights Conference Call. I spoke my whole life on good expenses, bad expenses. Bad expenses are waste, things you dont need. We want expenses go up. We find marketing opportunities, well spend it. If the Investment Bank does better. Thats how we run the company. That wont ever change. Once again, jim, story is loan growth is good, but the trading revenues are challenging almost everywhere. Yeah. People will say when they listen to bank of america, which was an excellent quarter, okay . Bank of america is making money in that business, why shouldnt jpmorg
Pipeline black sea pipeline. Directd have been a more route to europe. The eu rejected because it would have reduced ukraines leverage against russia. Oil rally did not last long. Down,exas intermediate falling for the fifth time in six days after a 4 gain yesterday. European benchmark rent is also down. President obama says he will work to ease tensions. Give Police Body Cameras and promises that will be tighter oversight on how much military Equipment Police forces can buy. Of rioting in ferguson, missouri. The president met with civil rights leaders at the white house. The americanart of family does not feel like it is being treated fairly, that is a problem for all of us. It is not just a problem for some. It is not just a problem for a particular community or demographic. U. S. Attorney general eric holder says the Justice Department plans to take steps racial profiling. Maybe shoppers have outgrown cyber monday, it rose 8 . Esterday analysts say you should not be surprised. It ke
Im very excited for this week. We will get to that in a second. Pending home sales in february scarlet fu has all the headlines. Scarlett pending home sales coming in much higher than anticipated, 3. 1 gain in january on the yearoveryear basis of a 12 increase when economists were looking for an increase of 8. 7 . Pending home sales track the number of contracts in a given trade, seen as a forwardlooking indicator. Existing sales another report that we give you at times like this, tallied after forwardlooking indicators that could signal a busy spring selling season for the Housing Market in the u. S. We should mention the january numbers were revised lower even in the face of damaging weather here in the northeast. 3. 1 in february month over month the 12 increase on the yearoveryear. U. S. Stocks are higher and remain higher no Real Movement there, the dollar picking up a little bit for the dx why index. The 10 year yield and two year yield and twoyear yield remain lower, no real cha
Isnt being regulated in common carrier starting in the 70s under democrat and republican controlled fcc. They operated different than phone records. And it was under the chairman in the second clinton term where the pass was made to insulate the internet from common carriage. And so those types of communications were never regulated and didnt grow up from title two. They have always been out of title twos reach. That is what helped grow the internet we have today. And wireless broadband has been growing because it hasnt been burdened by the control style regulations. Host last word. Guest i think it is very clear what we are talking about is a telecommunications or transmission service. If we are going to protect in r Internet Users the only viable way is through broadband reclassification and that is what the fcc should move to do. Host craig aaron, do you agree with Robert Mcdowell that it is time to rewrite the Telecommunications Laws in the country . Guest i think we should go back
Not having to spend that money in the uncompensated care or the traditional medicate that folks could legally and legitimately move over to Medicaid Expansion. Thats the problem. Ive not done a very good job explaining that because of your thats a great question. You asked a great question, and others have asked that question. I have to do a better job of explaining how the 89 million savings exists. Its not a savings based like on saving penalties from employers. Its an actual savings thats already been realized and quantities identified in a budget. Ive been curious about what happens to prices in the Exchange Plan if you didnt get initial money for the private option because the overwhelming majority of the people in the exchange are the private option. If that money is not continued, what happens to your risk pool and what happens to the premiums next year . It will have a devastating effect, it seems to me. Everybody knows, perhaps because of the rollout, who knows, problems with