A 42 year high headline, low headline looks awesome but what is your forecast . Neil dwane probably in the next 18 months as we go through brexit negotiations you can see at the margins, unemployment will rise again. Would say is the u. K. Has done very well in the shortterm because the u. K. Consumer has borrowed and spent. Savings rates in the u. K. Have no collapsed to the lowest level possible and your headline is that there is a wage squeeze. Postbrexit, it will constrain the spending by the u. K. , if money isumers cheap, they borrow from the fed they now borrow and spend. The bank of england is worried about the system and all of the other things we have seen in the u. S. So everything has been pulled forward in the u. K. Which is why i am more nervous that we see a slowdown, even if we get the government be a more fiscally supportive. I dont think in the next 18 months that it is a good thing. Alix for the hawks are doves . Joshua feinman i dont think it will raise rates. Alix
16th. Im amy coveno. Well get to the top stories in just a minute. First, josh judge is in the Weather Center with a look at the forecast. Its foggy on my writein, josh. Fog in the valley, particularly thick. Otherwise not as cold as yesterday. Its chilly, mind you, but not as cold as yesterday and the trend will be going up. Tonight and tomorrow night, actually, will be much, much warmer. 20s and 30s at the moment and partly sunny for today. Off to the west, clouds and even a couple of showers and sprinkles. So there is that chance this afternoon. Particularly in northern New Hampshire and perhaps a spot sprinkle elsewhere. Otherwise it will be warmer today as well. Yesterday, we topped off in the mid to upper 50s and today, mid to upper 60s. Hey, a couple of spots could hit 70 degrees. Believe it or not, it gets warmer from there. Coming up in your forecast. Amy we begin with breaking news. Police are investigating a stabbing at 4 00 this morning on winter street, listed online at of
The overnight. I understand the big move. Here you go. The chinese leaders will do more to boost growth. It makes policy more forceful. Latere a Rate Decision and they expect the increase after a survey from bloomberg. Members took board meetings before the policy decisions. Backials scaled engagements. Year andre up next they said the demand for housing stays strong in the economy. Rocket has gone to orbit. It intoo rocket guided an old missile range. For more on these stories, go to bloomberg. Chinese leaders will do more. There is more stimulus. The chief economics correspondent joins us now. How significant is the announcement . Is significant and we do not know what the growth target is. Thate meantime, we know they have to do more to keep the edge. Particular, we see a shift supplies and it is significant. We are not reading much into thes comments. Important and the official commentary is about easing up and freeing up the tax code to shake up the enterprise sector. It is the gl
Speaker of the house of representatives. The speaker pro tempore pursuant to the order of the house of january 6, 2015, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. The chair will alternate recognition between the parties, each party limited to one hour, and each member other than the majority and minority leaders and minority whip limited to five minutes but in no event shall the debate continue past 1 50 p. M. The chair recognizes the gentleman from connecticut, mr. Courtney, for five minutes. Mr. Courtney madam speaker, today i rise to remember one of eastern connecticuts most generous caring, and devoted citizens, stanley israeliite. He patched away this past december at age 89 and leaves behind an enduring legacy in his native nor witch and throughout connecticut. I asked the u. S. House to join me in expressing condoences to his wife and children, michael, wendy, and john. After his passing a Memorial Serv
That is Continental Energy ceo. Im going to add to the kudlow report. Good evening, everyone. Im larry kudlow. Live here at 7 00 p. M. Eastern and 4 00 p. M. Pacific. Stocks bounced back today but only regained a small fraction of what they lost yesterday. Lets get all of the details from bob pisani. Good evening, robert. Hi, larry. It was steady as she goes today after several days of turmoil the dow moved in a narrow range and moved towards the highs of the day. Why the pause in the selling . The markets were very oversold and many traders are waiting for tomorrows ism Services Report and fridays jobs report to see how weak or strong the Economic Data really is. Not surprisingly the most beaten up stocks rallied the most. Etfs for turkey and indonesia and poland were all up. Natural gas spiked 8 on the cold weather so exploration and production stocks like pioneer and eog were all strong today. Michael kors had a fantastic report which helped retailers like fossil. Reaffirming the 20