Points. 770 is the yield on the 10year treasury right now. The yield on the 30year treasury below 1. 35 . It is now down 18 basis points at 1. 358 on the 30year. Mortgage rates are hitting record lows, how you can take advantage of this, these yields are tied to mortgages so we could see refi activity as well. Coronavirus crisis, one hundred thousand confirmed cases worldwide. That number is expected to increase. President trump says that the u. S. Economy could take a hit but says it is all going to work out and everybody should be calm. The democratic field is thinning out. Elizabeth warren the latest to drop out of the 2020 race but not making an endorsement just yet. Meanwhile this Jpmorgan Chase jamie dimon is recovering from emergency heart surgery this morning. The surgery was successful and dimon is awake and alert. Plus nashville recovery, President Trump headed to tornado ravished area today after approving disaster declaration, we will tell you there live this morning for a
pete: guys, there s a reason they call it music city in nashville, tennessee. that s brother maven performing destination you. go to any bar and restaurant downtown and find music, maybe not as good as that but pretty darn good. welcome to you both. good morning. rachel: so good to be with you guys in nashville. i m so excited for tonight. it s going to be awesome. will: we ll hopefully have you with us as you wake up and go to bed tonight and say good-bye to 2015. we re hosting the new year s eve special, all american new year here in nashville, tennessee, here at wild horse saloon. pete: this is the count down to countdown. you have 14 hours to get in the car if you live 13 hours from here. it s fun to watch on tv with your family gutfelled being here in person and some families will be here. we re going to enjoy it and it s better than that other show on that other network and get drunk. they can t drink this year on the other network now and how boring will that be? it
Park zoo and it is amazing how close you can get to these guys. We will explain why they dont leave, and why they are very content here, but why they could kick a falcons butt, too we will have, the nature story , for you as well, today, as we bring you, the wild kingdom meets good day philadelphia. I recognize that reference. Probably the only one. I dont think you gave it away there because dont sleep on the falcon when it comes to these two predators, okay. Okay. Okay. Even though i hope eagles. Who are you rooting for. Eagles. Aim not necessarily sure, the eagle would win. Would you think eagle is bigger, stronger. There is a who would win, always match up lion, tiger, killer whale and something where they would not normally do. Perfect. Who would win. Yes. Eagles verse falcon. That is why we have a zoo expert and i would say steve, you should put an hat on because that eagle was looking at his hair, like a nest. Real quickly here, yesterday we measured a young man five years old.
Griffeth today General Electric and apple, ge rallying after the ceo announced hes leaving whether the new ceo get gets the stock moving, and apple downgraded i think the song is offsync we are going to be joined by dan fuss whether the selloff is a signal to the bond market. He joins us in minutes to dig into whats happening over there. Lets start with a nasdaq extending losses today, and joiningous closing bell exchange, we have kim forest, senior analyst, and steven, over at post nine, daily contributor, and our own Rick Santelli at the cme. Thank you, everyone. Sarch, sta sarge, you, bike tech, rotation to it. Industrials and energy picked up time to worry when the leaders are hit like this, or is this something healthy . No. I think its healthy its wheres the money going to come from i mean, obviously financials are in play this week. Youll have all three majors, four major banks, three this week, and so currencies move around yields move around, they move into energy because oil
Are you taking a break from the booze after the excesses of the Festive Season . Well meet one man who hopes to turn abstinence into a business opportunity. But can non alcoholic drinks really take over from The Real Thing . During yesterdays metro strike in london, uber prices surged by up to 500 . Are companies right to reflect increased demand . Or do price hikes leave you feeling ripped off . Let us know what you think. Welcome to the programme. There are just a couple of weeks of Barack Obamas presidency remaining, and later today he gives his big farewell speech. As well as being commander in chief hes also overseen the worlds biggest economy for the last eight years. But what kind of legacy has he left . Well, since his inauguration injanuary 2009 more than 11 million jobs have been added, with the Unemployment Rate falling from 7. 8 to 4. 7 . It peaked at 10. 0 in 0bamas first year in power. The typical American Family brings home nearly 54,000 a year. Thats almost exactly the