The yen soaring on the news. Does that excite you . With kelly here. Kelly can yes she loves currency stuff. Its crazy. Talking about 108 . Just the move. Look at that chart. I dont have a lot of insight. But i think it is remarkable that it can get whip sawed like that. Everybody piles in thinking it can only get weaker and then here we go. Live by the sword, die by the sword. Anyone putting their foot on the accelerate anywhere around the world is usually a boost and i thought really . This causes us to go down . Well the turnaround for japan. It was interesting when they did the negative rates thing in the first place. And everyones trying to do the same thing. But it was that moment they went negative you actually started to see things go the other way and it hasnt stopped since. When they go negative. Politicians do that a lot. They promise to not do that. I have to say two things. Can i compliment you this morning on two things . The tie and the haircut. Thank you. And dye job ho
Iphone used by one of the gunmen in a december attack in san bernardino, california, which left 14 people dead. The government also said in this case apple deliberately raised technological barriers and that apple can remove those bare yerls. So lets bring amon jaffers in for more. The Justice Department wording was extremely strong really tough language from doj. I want to read an excerpt to give you a sense how strong this language was, writing apple attacks the allritz act, the 1789 law the government is relying on, attacked as air cake, the court order as leading to a police state, and the fbi investigation as shoddy, while extolling itself as the primary guardian of americans privacy. The department of justice saying apple is holing itself up on a pedestal as the guardian of americas privacy when in reality the department of justice says this is about terrorism and access to a particular phone under a legal warrant. This is this back and forth blizzard of paperwork that were going
Jpmorgan issued upbeat results. By the close, the Dow Jones Industrial average rose 227 points to 16,379. It had been up more than 300 at one point. The nasdaq gained 88, the s p 500 reclaimed the 19 hubz level rising 31. Bob pisani now with more on todays comeback and why investors shouldnt breathe easy yet. The joke has been wall street is selling stocks to play the lottery. Now that the lottery is over, the markets rallied. First jpmorgan had a strong Earnings Report preopen. Futures did rise. Second, oil staged a sharp rally right after stocks opened. Finally and perhaps most importantly st. Louis fed president James Bullard said this morning the continuing drop in oil had caused a worrisome drop in inflation that may make further rate hikes hard to justify. Hey, that is a very big statement. Bullard is a centrist and voter on the fomc this year. Is this the bottom . I dont think so you. First were still dealing with the Biggest Issue of all just how much is the Global Economy dece
Entrepreneurs while also getting on the road, traveling around the country and trying to build up these regions around the countries. Mark halperin, john heilemann, steve case next. Funding for charlie rose is provided by the following a decisional funding provided by from our studios in new york city, this is captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose it is the eve of the 2014 midterm elections. As americans prepare to go to the polls, Republican Party appeared poised for gains in both house of congress, expected gop wins are likely to push the house of representatives further to the right. But with control of the senate up for grabs, many races there are coming down to the wire. Meanwhile governors in both parties around the country are locked in races dloos to you will ca. Whatever the outcome, the election will have great impact on the ability of congress to legislate and on the expectation of president obamas final two
Theres a saying around here you stand behind what you say. Around here, we dont make excuses, we make commitments. And when you cant live up to them, you own up and make it right. Some people think the kind of accountability that thrives on so many streets in this country has gone missing in the places where its needed most. But i know youll still find it, when you know where to look. Rose additional funding provided by and by bloomberg. A provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. The glorious ideas and ideals of the declaration of independence which we celebrate, as we should every fourth of july, and as we know by our secular faith would have been nothing more than a declaration, words on paper, if it hadnt been for the people who were out there in the slog fighting against all odds, suffering terribly. One of the reasons i wanted to write the book was a line Abi