Of inaction over Climate Change as major fires continue to claim vast areas of bush. And or washington has announced a new wave of economic sanctions on iran in retaliation for its missile attack on bases housing the us troops in iraq the sanctions targeting irans manufacturing and Mining Industries as well as 8 senior officials washington says the officials were involved in missile strikes on monday that hit the iron and Assad Air Base in Anbar Province u. S. Treasury secretary stephen you can bound to keep pressure on irans economy. Todays sanctions are part of our commitment to stop the iranian regimes global terrorist activities the president has been very clear we will continue to apply economic sanctions until iran stops its terrorist activities and commit that it will never have Nuclear Weapons and speak now to our White House Correspondent can really help it so tell us more about what these sanctions one of oh yeah well we should point out that this is the latest in a string of
Mexicos biggest city introduces a new plastic bag. Washington has announced a new wave of economic sanctions on iran in retaliation for its missile attack on bases in iraq housing u. S. Troops sanctions targets irans manufacturing and Mining Industries as well as 8 senior officials kimberly hellcat reports from the white house already americans are under attack whether were tensions between the United States and iran still escalating on friday the u. S. Secretary of state and treasury secretary and oust more sections against iran in retaliation for its attack on iraq the military bases used by u. S. Troops the president has been very clear we will continue to apply economic sanctions until iran stops its terrorist activities and commit that it will never have Nuclear Weapons the sanctions target or raw and steel iron trade construction mining and textile industries theyre also saying sins against 8 Senior Iranian officials the tropic ministration says are responsible for spreading viol
Mortars. Iran is claiming tens of mill isles have been launched. Well go to Mark Meredith in washington, d. C. Who versus further information. Reporter we are trying to find out exactly where the attacks have been taking place. Where the bases are in iraq and what the damage will be. President trump has been briefed on whats been going on. The white house put out a statement 15er 20 minutes ago saying the white house is aware of attacks on u. S. Facilities in iraq. The president is monitoring the situation closely and consulting with his National Security team. We have not heard exactly how the u. S. Will decide to respond to an attack. The americans that are based at these different facilities all across iraq, and what the damage will look like. We have seen the images starting to pop up on social media from groups trying to show these were the missile launches and rocket attacks. Attacks. We have heard from some lawmakers including chris murphy saying hes praying for all the troops s
The s p 500 by the way is having its best year since 2013 we do have a if you more trading days left in the year and you can still notch the best year since 97. Well see where things shake out but people are already apparently going for the egg nog. Trading was little light, as they say down here today certain lay different tone from last years Christmas Eve joining us to talk about the markets. The senior Portfolio Manager paul hickey, cofounder of the Investment Group and the Portfolio Manager. Great to see you all ill start with you. What do you make of todays Market Reaction . Yeah. Just light volume. I do think this year were in a complete market meltup. Kind of an interesting time where things can get a little bioverdone and i would be kind of cautious here and look to maybe take some profits and sell some of those names in the portfolio. It might be overvalued here. And i would understand if you think that you do get some selling once you turn the calendar over. People dont want
Some pessimism over in europe. The bond rally echoing what we saw yesterday in europe. Yields down by about four basis points. Bank earnings are kicking off this morning. Beats onp reporting everything except equities and trading. Sonali they did not be dont Equities Trading, but they did beat on fixed income, so that is good. They want to be the number one Equities Trading shop, so not beating there is not a great sign. Average loan growth a little sluggish. Jamie dimon put some notes of caution in the initial statement, saying that Consumer Sentiment might be strong, but generally a lot of weakening sentiment here. In the initial statement, they dont give the outlook for Net Interest Income. However, if they revise downward once again, they already revised downward last quarter, that could be a big deal as well. Alix Net Interest Income is 14. 23 billion this last quarter. Walk us through what we did now. Billion . Ed it to 57 to 57. 5he revised it they revised it from 57. 5 billion