The openingaight to market in asia. David lets get a really quick rehab recap of what happened overnight, not a big one. You have an overlap of constituents, but have a look at mexico and brazil. That is the emerging markets, so we had goldman joined by jpmorgan. Seeing the funds will continue. The e. M. Weibo continue whether it is equity or incomes. Equity, goldman says in india, that is where e. M. Equity managers manages income in both countries. Lets move over to asia. Four markets open at this point. When you talk about australia, of course, you were looking at a fairly large drop this morning. We are basically getting hold back sharp and signaling some pullback in the equities market with some relations there. No major data is due today, so we are not going to be expecting , hopefully not in a bad way. Fx markets, a few things to know. The dollaryen pushing the tides overnight, little bit about that at the moment, 10611 handles. That being said, were not really getting a bid you
Scott mcgrew. My first guest is going to ci cringe, but i will distantly compare him to a character on Silicon Valley. No disrespect, i just love Silicon Valley. I appreciate your opinion, but i guess we just wont do it. It shows the tension between the young mans founder and the ceo. The tension between founders and ceo brought in to make that Company Better is a attention experienced over and over and sometimes it goes very poorly. Sometimes it goes very, very well. This is a real life ceo and founder. Founder of lookout security on the left, the outsider bright in on the right. Together they managed to build a very successful company. They were the company that pulled the alarm on a recent iphone security problem. So yes, i did compare you to action jack barker. I think the founder comparison is more cringe worthy. If your found sere watching this im not richard. John is not richard. It was the best example i could get of what we see in Silicon Valley. Younger founders, voluntarily,
Gains in the banks index. There was some build up there already. This chart shows the stress these banks have been under. Years for the main banks in italy. That purple line was the elephant in the room. It is a police thirdlargest bank. The credit default swaps and really spiked in the beginning of the year. They were up by about 100 this year. The orange line is unicredit, under stressnks and trying to come up with a fund to save the banks. Are 360 billion. It has put a lot of stress on the banks. Nonetheless a huge stress and the lending. Criticisms the big in europe is they have not done enough to clean up these bad loans on the books. Perhaps we are starting to see some progress on this. Causing a lot of anxiety. Alix the other countries really got it under control many years ago and they are late in doing this. The impact to see u. S. Stocks. We begin with market minutes. Major indexes closing at their session lows. A study dissent over the last hour of trading. Felt very much li
You say everywhere i go, people say you seem to be the adult on the stage. Others are throwing their support behind apple. The league gave the new England Patriots quarterback tom brady. We are back in deflategate i wasnt thinking oh, my god what have i done . If that expression means youre happy, then my wife was thrilled when i forgot her birthday controversy over singer nina simone. Coming under fire wearing a prosthetic nose and darkened skin. The speck that was hanging off ted cruzs lip for a while, people wondering what is that . He ran into something he didnt quite expect. Suv that was pulling up, a thief ran into it. March madness is just getting started. Thats going to do it. Oh and all that matters. The man who carried the baton for the republicans is not passing it. He is hitting him over the head with it. He was begging for my endorsement. I could have said, mitt, drop to your knees, he would have dropped to his knees. He was begging shraj. On cbs this morning he a huge Bus
Biggest increase since february ahead of the jobs number tomorrow. Our road map begins with facebook shares poised to hit a new record after last night. Whole foods misses expectations. Sales growth at a fiveyear low. Find out how the coceo explained this to jim on mad money last night. Homeaway, well talk to the ceos in the next hour. But facebook is poised to open at a record high while entering the 300 billion club. The Third Quarter results beat estimates. 78 of ad revenues now coming from monthly active users. On last nights Conference Call, Mark Zuckerberg said video is another area where facebook is continuing to make progress. Take a listen. On average there are now more than 8 billion daily video views on facebook and 500 Million People who are watching daily. To offer even more engaging video experiences, weve added live video for public figures. And we now support interactive 360 videos. 78 mobile. Three years ago it was 14 . Remember that . Remember when they had a mobile p