Screens, what might other features may be iphone have . We spoke to Brian Marshall and i started by asking about the screens. Believe it or not, apple is almost two years behind the leaders. It is going to be enough to a massive upgrade cycle. We kind of joked for the past year, it will be the mother load. Why five inches . That is big. It competes with the ipad. The largest smart phone we have seen was the lg flex. We saw it this past year. It is six inches and it curves. It curves across the mandible. We do not think it was too big. We do not think the 5. 5 will be too big. Our best to guess it will probably be a 50 50 split. Apple did not seem to get it right the last time. The phone under performed for them. What does apple do . We do not talk about how well they have managed the supply chain. What does it mean . They tried to launch this in a bigger way. You bring up a huge point. There are 300 million iphone users of which we estimate 100 million are not eligible to upgrade. Ther
Decline in the dow and other major averages at this thing coming a head. When they stormed the store and the Printing Press area there. The dow did fall to that low of the day of about 229point decline and come back right now. Back 143. Take a quick look at the 10year, as well. This has been rallying as we know for a number of reasons and quite sometime and perhaps an extra bid on the flight to safety trade today. Below 2 again. That u. S. 10year. Watching it for everything from the influence on the Mortgage Market to what it does ultimately send in terms of signals for the Federal Reserve here and policy decisions coming up and we have heard from members expressing like charlie evan this is morning to rather be cautious than hasty to raising factors. If you hang on to that for a second longer cross currents and you can see that after the jobs number came out, stronger than expected in many ways. You saw the yields rise but then they were coming much lower, maybe a flight to safety and
I have an obligation to speak in the face of these dangers while there is time to avert them. Olivia new questions about whether head lori clinton broke the rules on email while she was secretary of state. She excluded a personal email account to conduct business that may violate requirements. A recordsetting day on wall street for the first time in 15 years. The nasdaq closed at over 5000. It is time for an Interest Rate hike. The Central Bank Must act. What has been promoted has potential bubbles in stock markets. Raising Interest Rates 25 in june. Olivia Interest Rates may not happen until next year. Brendan earning rose 12 . Barclays set aside 1. 2 billion dollars to settle an investigation into whether it rigged currency markets. They may face more than 8 billion in legal costs. What is the most expensive city . Singapore. They beat out paris, zurich, and sydney. The housing prices have soared thanks to rising wealth and an influx of foreigners. The city moved from a city moved fr
Tenyear continues to inch higher, now above 2. 11. The markets, two losing sessions in a row, but stocks edging higheren its a big day for the ecb, detailing stimulus plan. Draghi is speaking now. Costco beat the street and samestore sales stronger than expect. Shares are up in premarket. 21 billion zeal in biotech. Abbvie wins the war but the stock takes a dive. Jobless claims coming in higher than expected as more americans filed claims for unemployment benefits. Mario draghi speaking now in cypress, detailing the ecbs plan for stimulus. Euro strengthening after hitting 11year lows to 1. 10 but raising gdp for this year, i think, to 1. 5, right . 1. 9 and 1. 5 for next year . Its funny to see this is something that theyve been talking about, and now, as ive been saying, plants growing in europe. No longer green chutes but deflation versus inflation. Need so get some inflation, thats their plan. Theyll do. I also think this is going to bring the euro down to a dollar. You know theres
Dow up 228 points. Youre looking at a few red arrows with the dow down by 60 points. The nasdaq down by 13. A couple of other stories. Lets take you through some of them this morning. February Housing Starts and Building Permits released at 8 30 eastern time. Stocks expected to drop by more than 2 with the weather being a big factor. Two wellknown Tech Companies to post quarterly result afs the bell and then theres the buzz story of the day. Apple tv and the wall street journal reporting this morning that the company is working with programmers to offer a bundled service of about 25 channels. Now broadcasters as part of the bundle are said to include abc, cbs and fox but channels owned by cnbcs Parent Company comcast so far at least will not be part of the service. The price tag 30 to 40 for the bundle. They would include things like espn in that and the question that i have is whether the economics of whether were actually seeing the true unbundling of all of that. It seems like it is