Trade talks. How long can the relief rally last. Cuts at Deutsche Bank. Jobs aser could slash part of its Restructuring Plan. Investment banking likely hit the hardest. European leaders pull another allnighter in the search for the next European Commission president. Is the momentum with the dutch socialist . This is the European Market open. We are less than half an hour away from the start of equity trading. Lets look at futures. No surprise after the g20, after the truce, after the huawei surprise, no surprise therefore we see european futures higher more than 1 . We are a picture as expecting it to unfold in the european session. Let us take a look at the asian session. Havens out of fashion. Chinese equity market up by 2. 7 . Of positivea result risk on news flow items. Most of it connected between the u. S. And china. We see havens very unpopular. The dollar surging. The japanese yen being sold. The dollar one of the gainers. The yeneeing sorry, being sold, also the euro under pr
Line up were ready to take some questions. Hi, my name is sean, and im from the university of san diego. So speaking about incentives for Congress People to take the long view, take the hard vote, what do you think in your opinion is the best solution to incentivizing individual Congress People to take the long view . Well, first of all, nobodys going to do something that deliberately and intentionally causes their loss. That wou defy the laws of nature. So im from kansas so if i went up and i said wheat programs are bad for this country, im going to vote against them my constituents would think i was nuts. Okay. Because im sent there to represent their views, their perspectives on as much as i can. But im also sent up this to use my own up there to use my own judgment with as well. And, you know, my judgment is that philosophically these jobs were not meant to be permanent jobs. There was meant to be turnover. It doesnt mean i believe in term limits but it means that people have to ha
It is huge, it is with mitt romneys announcement is going to be bigger than we thought might be more disjointed. If anybody is making a prediction about that theyre crazy but i think is more likely to be romney clinton. What do you think, bill . It is good to see you this morning. I hope you recognize how fortunate you are to have brian lamb here today. We have a lot of fun. You should consider yourself lucky. I do think it is going to end up being jeb bush and Hillary Clinton and i am already bored to death. It is the worst thing that could happen to either party. On the republican side at least the way i see it, he should have been president , he would have been routine and had not been summarized. He was the pick of the litter and we ended up with a dimmer poll metaphors all over the place but george got it, he didnt. Lost the chance and doesnt mean you get a third one. I dont think the nation is ready for a third bush. As someone who knows about a competitive race for 20 years it i