Despite lackluster earnings. If the rally continues on, will the bears surrender. Naturally, we must pose this question to the biggest one of all, bk. I thought you meant guy. So does the rally in financials change my view . The answer is absolutely not. Not that at all. We talk about the fact that the bar is very, very low for financials coming into this. What today looked like was just simply, lets call it a Short Covering rally, a catch uprally, whatever you want to call it. I dont think it was a fundamental game changer. Jpmorgan was probably the best of the breed. The rest of them said, it doesnt seem to be that fantastic. Yes, they had loan growth. But when youre not making any money on those loans, one, it doesnt matter, and two, youve got to make a lot of loans to make more money. So nothing in the rally in the financials changed my view. I would note that actually the european financials were down on the day. We talk about price action a lot. The fact that bank of america, wel
Jordan. The Jordanian Police officer opening fire at a Training Facility outside of amman, jordan. Israels Prime Minister in washington meeting with president obama. Meantime, the Palestinian Woman attacked an Israel Security guard with a knife. Protesting racial incidents on campus, missouri Football Players announced they wouldnt play until tim wolf quits his job. A baggager scanning machine at Sharm El Sheikh was sbroeken the day a russian airbus crashed. All indicators are pointing to the fact that this was isis putting a bomb an airplane. Ben carson is firing back at the media. What happened to investigative reporting . Why do people put this stuff out there to make somebody seem dishonest. The donald hosted saturday nightlife and they got their best ratings in years despite protesters. 35 homes evacuated when a Freight Train came off the tracks, it was just a day after a similar incident. A parking lot collapses in mississippi taking 12 cars with it, investigators are trying to d
Lets get to a data check. I almost did not do a Second Screen. Futures negative. Less weight than i saw yesterday, euro advancing. Hydrocarbons churn. On to the Second Screen for quick check, dollarruble with a focus on syria, a little bit weaker. Gold advances this morning, up eight dollars. There is a data check. Let me look at the back monitor on what is going on in syria. Back 40 years on opec adjusted for inflation. Here is the surge. Adjusted for inflation. This explains our reliance on a higher price oil. Despite all the talk about how we might be headed toward energy independence. Global demand is rising about 1. 5 to 2 per year. Disabilityo economic in the middle east. We look at the front page, only one story this morning with our attention. Topresident obamas campaign destroy Islamic State has expanded and now in syria. Last night the pentagon confirming u. S. And arab allies launched airstrikes against the Islamic State the additions. Drones. , bombers, also the targets inc
Created and developed the avenue of the saints. Thats whats going to create the opportunities in southeast iowa and all over the state, by our ability to focus on developing Job Opportunities for Small Businesses in this state. Lets move now on to the topic of minimum wage. Danielle has a question for senator hatch. Senator hatch, in your campaign, you talk about growing Small Businesses and also increasing the minimum wage. Now, many of the Small Business owners weve heard from say theyre worried about how an increase in the minimum wage would affect their business. How can you be in favor of both . Well, you know, good question. [laughter] but youre assuming that all Small Businesses pay below the minimum wage, which is wrong. Right now, there are 216,000 iowans that get less than the 10. 10 that we are proposing. Thats not a high wage. That allows an individual working 40 hours a week, works by the rules, works hard, works every day, to get just above the level of poverty. No iowan
The European Central banks in physic and not fix the economy on its own but ready to take more steps to help. Here is ecb president mario draghi. It is necessary to further longss risks of too periods of inflation. The governing council is unanimous in using additional instruments within its mandate. One of those unconventional measures is buying government bonds. That is something that has not been mentioned before, at least not officially. His comments come less of three weeks before the next ecb forecast, which is likely to show weaker outlook for growth and inflation. In jerusalem, and attack described as the deadliest in years. Palestinians armed with guns, knives, and axes killed four israelis in a synagogue. At least six more people were wounded. Police still be two attackers. Jimmy netanyahu says the country will respond with an iron fist. Toyota unveiled a new car that emits only water vapor. It is toyotas bid to compete with teslas electric car. Only a few hundred will be sol