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It was really funny. I think Zach Galifianakis to a little funnier than the president. Of the first time and said, theyre so funny. I watched it again, and zach was so funny. Serious news. Is one steptric closer to getting out of the Consumer Lending business. The company is registered to file for an ipo of its north American Finance unit. They plan to complete the ipo later this year. Callediness will be synchrony financial. The Biggest Investment Bank may be taking a hit in the first quarter. According to jp morgan, revenue from trading them under running, and m a may follow total of 11 simply because clients are cutting back. And also the biggest losers will be barclays and hsbc. Nothing toys it has hide. The government denying reports the missing ....
Dow starting off from this second record close in 2014. Both the dow within 1 . Mergerish monday. Pfizer presses its case for a tra s stra seneca. Ibms ceo saying the company is facing a rocky time. Geithner saying the country is stronger. Some are taking issue with his recount of how we got there. Stocks are poised to end with the second record close of the year. Lets start the week by talking markets guys. Strange that we get this record. And the russell close to that ten percent. I dont think we should be talking about bubbles. I think we should be talking about the incredible shri shrin bubble. They lead the biotechs and they are all about the money going from high multiple difficult to value stocks to kind of classically valued companies that are 17 times their general. 13 times, not many 20 times. I think this is unnatural. Not unlike what happened during the second week in march. Four of the top five stocks were nasdaq stocks. But im saying dont fret. It is happening, it is happ ....
Plenty to chew on this week. Although the big news of the morning well get to that. The ten year awfully close to the lows of the year. The 257 a lot of feds speak this we week. Europe is in the red are and dozens die in the ukraine. Fall out from the Massive Customer data breach continues. Warren buffet this morning explaining the vote around the Compensation Plan and more. First up greg steinhoffel is out. Target has named John Mulligan as ceo while the Company Searches for a new chief. But as time goes on, we are going to get down to the bottom of this. We are not going to rest until we know how that happened. But we are going to come out at the end of this a Better Company and we are going to make sig ....