Have a look at my bloomberg chart to illustrate how it comes together longerterm. Now that we have seen the data comes through, given the fact they had the hike in south korea yesterday, something to keep in mind. Real rates have diverged between japan and south korea. The boj is not doing anything and inflation is picking up slowly. When it comes to south korea, we are getting a lot in terms of inflation. You would expect to put some pressure on dollar one moving forward, g btv 5102. When it comes to the markets, it has been a topsyturvy session. In mood music has changed several times. Lets get it over to sophie to get a sense of what is happening. They are grappling with disappointment over the tax vote. But not too shabby Economic Data from across the region. We have seen the kospi gain of 0. 2 . Japanese futures looking fairly flat. There could be indication japanese stocks could rise in the afternoon session. The yen is trading flat at 112. 55. Filling up the board to show you wh
7. 2trillion. Thats how much the value of all stocks has gone up since the election of donald j. Trump. Thats why we call it the trump rally. We are already seeing more gains from the Big Tech Companies closing at record highs last friday. The big five are going to open mostly higher again this monday morning. Pay very close attention to amazon. The super cold weather for the last two weeks has surely helped them. Who wants to go outside in subzero temperatures . It was minus 13 at my farm yesterday. That has helped founder jeff bezos to increase his fortune. Hes now worth 103 billion. A half hour from now, no sell off. The dow closed friday just shy of 25,300. Well stay right around this level when the opening bell rings. Monday, january the 8th, Varney Company is about to begin. More fire at trump tower in new york city. Ashley well, fire and furry, and it had nothing to do with a book. Apparently its a electrical fire on the cooling tower. As you can see from this video. It was firs
Belated happy new year. Just wondering what you think about where we are today given the year weve just finished and people are talking about this move in rates. You said everything when the ten hf year goes up to 272, the First Quarter is going to be a powerful earning lift. The market hasnt overly discounted that. The non u. S. Part is strong. Currencies are going to provide a tail wind. The second part which is more confusing is that in the Fourth Quarter in the last two weeks of the december, a lot of companies did a lot of things like putting extra money into their Pension Plans and were still working our way through that secondly, the the analysts are just adjusting i have 40 analysts that work in my team and theyre still figuring out what theyre doing on the team and the tax rate now youve got earnings are going to be good good the second quarter. Then what happens is the multiple thats a function of psychology, which is powerful. Rates. Then the flow of funds to buy the same st
Rosalind p. Walter, in memory of abby m. Oneill. Barbara hope zuckerberg. Corporate funding is provided by mutual of america designing customized individual and Group Retirement products. Thats why were your retirement company. Additional support has been provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, hari sreenivasan. Sreenivasan good evening, and thanks for joining us. Another powerful hurricane is heading for the u. S. Mainland. Hurricane nate is expected to strengthen to a category two storm, with sustained winds of 110 miles an hour, when it makes landfall along the gulf of mexico coast tonight. Louisiana, mississippi and alabama are in the storms path, and new orleans declared a curfew tonight of 7 00. The coast guard has ordered ports closed from new orleans to pensacola, and almost all offshore Oil Platforms in the gulf are shut down
You saw kentucky senator rand paul coming out and members of the Senate Republicans had their weekly conferences. Democrats, to but on the republic inside their meeting with President Trump for the first time up on capitol hill for one of these tuesday mornings. Were expecting comments from leaders shortly and the senate gaveling in momentarily. Cant bring those, live to you on cspan2 we are streaming them live online at cspan. Org. We will take you back to the next senate floor. Live coverage of cspan. Org. The presiding officer the senator from kentucky. Mr. Paul are we in a quorum call . The presiding officer the senate not in a quorum call. Mr. Paul okay. Id seek recognition. The presiding officer the senator from from kentucky. The senator recognized. Mr. Paul we currently have a 20 trillion debt, and you might ask yourself whose fault is it . Republicans or democrats . The easy answer is, both. Both parties are equally spock, equally both parties are equally responsible, equally