Federal reserve vice chairman speaking in washington to the National Association for business economics, saying that the fed is close log monitoring the coronavirus. So maybe a slightly different tone than last week. He said it will be a noticeable impact on china in the First Quarter, and that could spill over to the rest of the global economy. Too soon to speculation on the size or persistence of those global effects the probability of rate cuts reaching alltime highs for the individual contracts, april, a first duty now at 63 , it is probability of a second customer, and now over to 50 for a third cut in december for the first time, so the majority of position in the mart right for you, sara, going along with a huge decline in the tenyear to alltime lows and the downdraft in the stock market is now for there to be three rate cuts this year from the federal reserve. I know we parse every word from every fed official. Is the bottom line here that the fed is maybe storming to warm to t
The pullback overblown . A change at disney. Bob chapek becomes ceo immediately. Bob iger will remain chair and continue to direct creative endeavors. Another bloody day in the markets on the back of more bad news on the coronavirus. Watching the edge of another cliff. No surprises for how we are set up for this wednesday trading day. New zealand already off by almost 2 futures. Here in sydney, poised for another drop. Asx off this week. A couple of things to watch out for when we do get going, Virgin Australia announced a firsthalf loss of 97 million. We are also expecting rio tinto earnings after the close. Nikkei futures off about 1 5 of 1 . A quick look at the currencies. The aussie dollar did briefly dip below . 66. It is just holding on above that level them. The yen continuing to strengthen. A little bit of a rebound but not much in the 10 year as well. The u. S. Centers for Disease Control and prevention is warning americans to prepare for the coronaVirus Outbreak at home. It i
Video from charleston and other stops on the tour, visit cspan. Org citiestour. Youre watching American History tv. All weekend, every weekend, on cspan3. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] what a continuous process of reworking the transition policy. Of the Seen Movement institution into a more concentrated discussion around the role in advancing Health Security, and promoting stockpiles and advancing hpv vaccine. At immunization across the lifespan. Institution has been graded at various points with very high marks in terms of gender equity, transparency and accountability. Its ability to shape markets effectively in order to bring prices to within affordable levels but also to expand the pool of producers which has more than tripled in the course of the tenure. The notice states remains very strong, and congratulations that last week the administration on the 10th of this month ann
The simplicity that america would be able to increase escalate when it wants them to bring it down so for example if the u. S. Drops bombs in pakistan to syria or in any other dozen countries understanding would be that country would not be allowed to respond because of the unpredictable and there are devastating consequences from your so they can bring tensions up and down as they want for pressure now whats interesting with iran is they more or less denied this is america cause what they did was they launched their missiles directly at American Military bases and america essentially have to suck it up and accept well this is the price we have to pay for for killing. General in the in iran so this is so that they rob americans of this escalation run their business its very interesting because diem if you look at the rainy in response why firing those missiles and just hitting buildings and store where houses and things like that its. But that is the message there is that they can do i
Deal reshaping the storied Investment Bank, Morgan Stanley Ceo James Gorman will join us in the next hour. A mega merger, increases the projection of expenses saved and the guidance which well get into, as well. Giving up control of victorias secret selling a 55 stake to siycamore and stepping down. Well start with the deal of the day. Morgan stanley agreeing to acquire etrade valued at 13 billion. 58. 74 a share three months after schwab and Td Ameritrade announced a merger deal a lot of discussion of why not robin hood an enwhat it means for the sort of the framing of their Wealth Management business, jim. It is kind of amazing about 5 million accounts, maybe more robin hood with 10 million accounts in no time they were land speed record for accounts their success is driving everything they have the millennials. They have a different orientation. They have the easiest site to use. All hand held. Theyre racking up customers i have had robin on a couple times. Theyre the biggest threat