This nation and worldwide, and on Bloomberg Television as well. Thrilled you are wishes for a good conversation forward to this important statement by jay powell, an update on how the fed can help america. The backdrop this morning is wonderful. Markets up. What is so important is you need to be advised. Robert miller will join us of blackrock any moment, and we are thrilled to bring you Raghuram Rajan at the bottom of the hour for a must listen interview. Jon ferro, against everything i is yesterdayters reaffirmed just in the last 60 minutes this up, up, up for the stock market. Jonathan with a defensive tilt to it. Aroundfutures up by 0. 8 . I didnt think we would see a day like we saw in the last 24 hours, where you could have a down market and still see the likes of apple, amazon and facebook up about 3 . That is the regime we are in. They are the defensive names in 2020. Apple with tom rumors, speculation of product announcements through this year, and one of those signals of corp
Right now we need to get you caught up here and here are the top headlines with vonnie quinn. Vonnie Alexis Tsipras has run up the white flag. Calling for immediate action to a with a bailout. Plus, greece will have to transfer 55 billion worth of assets to a holding company. German chancellor Angela Merkel says it is about time for greece to take responsibility. Angela merkel trust has indeed been lost but we all know that what will the important is to implement what we have agreed on doing. Vonnie tsipras own party mutinied when he asked for the endorsement of a new austerity program. A new deal on the Iran Nuclear Program could be announced as soon as today. Negotiators want to stop iran from making nuclear weapons. Any deal would still have to be reviewed by congress. Senate Majority Leader Mitch Mcconnell told fox an agreement would be a difficult sell. The crowded field for the republican president ial nomination gets bigger today. Scott walker will join the race or he became the
Disney. U. S. G to expand in the over in hong kong, Police Used Tear Gas and pepper spray on demonstrators. Protesters angry over jenna but his plan for the hong kong 2017 leadership election all coming to a head now. Report that pimco for 10 billion in assets. More on the fallout of pimco, Erik Schatzkern with an interesting take on what bill grosss departure means. First, mary, tell us about the 10 million. That is relatively small compared to what they manage. That is true. The 10 billion is really a drop in the bucket. People are very nervous or there is a report that there is maybe 30 of their assets. A major threat for them. Meetings onse big friday. They deployed all of their investors trying to control of all out and saying, it has it is the same it is oh is been. This will be seamless. Everyone loves stan dan and thinks he is a great investor. It was learned bill gross was leaving. This all goes to your point about how difficult it is when firms become closely identified with
Are getting more data with the jobs report friday. This is the beginning of a lot of good data. 10 00, pending home sales. Home stuff has been squishy, back and forth the past few months. You get a good month, a bad month. Pending home sales at 10 00. Obama is welcoming indias Prime Minister and 8 30. What is curious is he was central he was at central park this weekend for that big concert and moved a lot of people. He is like a rockstar. Tom, you were way ahead when he got elected. You saids is this matters. That is where i got the idea from. Hostingesident obama is Prime Minister modi at the white house, we have mr. Prudent hosting the mr. Putin hosting netanyahu atnjamin the u. N. , addressing the u. N. Today. 1 launches in china. Is that a big deal . It is because it is the first time they are allowing it to be sold legally great now you are allowed to do it. Standing out in front of the xbox store. Lets do a data check. Equities, bonds, currencies, commodities. Eight. At negative
Tuesday. He said it is always hard to lose. Life is life it just goes on, no need to dwell on it. The European Central bank is offering yet another lifeline to grace. It has reportedly agreed to come up with 3. 8 billion in emergency cash for great banks. It has request a sixmonth loan extension. The eurogroup will meet on friday in brussels to iron out a final agreement. Japanese stocks are soaring. The nikkei hit its highest level in nearly 15 years. The rally was fueled by an announcement that japans trade deficit has plunged nearly 60 . Thanks to strong exports in january. Tom . Tom very good. President obama said the way to fight islam extremists is for International Communities to embrace its muslim immigrants. The president made the comments in a white house summit on combating terrorism. Mr. Obama says the u. S. Has a long tradition of embracing immigrants suggesting muslims in america are more integrated than those in europe. Delegates from 65 countries are attending the three