Are geared to battle it out on bitcoin. One is telling clients to buy the Bitcoin Investment trust the other says its a bubble ready to unravel its a crypto clash you cant afford to miss first, what looks like the beginning of the bond blood beth, the tenyear yield climbing toward 2. 5 dow sinking 200 points at the lows of the day before closing off those lows, still having its worst day in more than a month was today a glimpse, a little peek into what a rising rate environment looks like for stocks is this the biggest risk to the rally, pete . I would say the velocity of this move is what part of the problem is the die where he gestion of wats thing move as fast as it has if we get to 206, people will start to freak out telephone stocks, at t, verizon, were all affected. Boeing had already had this monster day yesterday. As long as the velocity slows some, it still comes down to these earnings the earnings have been powering this market. Thats whats been pushing us to new highs. If yo
Another busy news morning. Well go live to brussels in just a moment where there is new information about the suspects, their connection to the attacks in paris, and how one of them was caught and then let go. President obama and Hillary Clinton take the opportunity to blast candidate ted cruz for his comments about patrolling muslim neighborhoods as ted cruz relishes being attacked by obama and clinton. And joe has a strong new column in the Washington Post about that. Well read part of that for you. Speaker of the house paul ryan laments the ugly state of politics in a passionate speech yesterd yesterday, then as if he was handing exhibit a, donald trump and ted cruz engage in a twitter battle over their wives. And a new poll this morning shows a majority of republican primary voters are not into the idea of a contested convention. Thats really interesting. The polling on this president ial election in terms of where people are at signal that we are headed toward a really ugly battle
Warren buffett seven years in a tenyear bet with Hedge Fund Guys buffett is crushing it, outperforming the socalled smart money. How buffetts doing it and how you can easily get in on the action. First, though, lets go to sue whos here today at hq. I am indeed. We begin with bullish news from two American Auto icons ford and General Motors. Ford is actually adding jobs to ramp up hiring for production of its aluminum f150. As you recall, there was skepticism about that model when they changed from steel to aluminum. Gm revving up profits and boosting its dividends. Phil lebeau joins us from chicago with details on both of those stories. Lets start with the ford news which came out early this morning. This once again another expansion by ford, adding jobs, creating more production when it comes to the f series. Theyre adding 1,550 jobs, about 900 of these are going to be at the kansas city truck plant. Theyll have production later on this spring. Once that plan the is up alongc with the
Thank you. Thinking of your wife. Bring flowers. Msnbc political analyst and former chairman of the Republican National committee Michael Steele. Remember, michael . Working on it. Oh, boy. His chorion and author of the soul of america and rogers professor of Vanderbilt University jon meacham joins us, nbc news and msnbc news contributor just ran out the door to get some flowers and former u. S. Attorney now nbc news Law Enforcement analyst Chuck Rosenberg, who i know remembered and former Justice Department spokesman now an msnbc justice and security analyst matt miller is with us. Joes away with his kids for this president s day weekend and willie taking a welldeserved morning off. Worked three weeks straight and im here on valentines day. Okay. We begin with what appears to be another instance of quid pro quo by President Trump. Theres a lot to get to, so were just diving in. The same issue that got him impeachedthe first place. Before a meeting with andrew cuomo President Trump put
Announced that 33 people tested positive for the virus and 8,400 californians are now being monitored. So far there have been 59 confirmed cases in the u. S. , according to the world health organization. Worldwide over 83,000 cases and over 2,800 deaths of the coronavirus have been confirmed. The impact on wall street continues as the dow and s p are on pace for their worst Weekly Performance since 2008. Down more than 10. 5 on the week. Yesterday the dow experienced its single worst day point drop in history plunging nearly 1,200 points while both the zps p 500 closed. And in strong contrast to success earlier this month. The dow closed on a record high february 12th and it only took the s p 500 six days to fall from an alltime high to correction levels marking the fastest drop of that magnitude. This morning the dow futures eae pointing to an opening loss of more than 600 points while the s p and nasdaq also point to lower openings. The effects of coronavirus is already wideranging a