It ended up 34 points. Look at what is happening with the treasury market. This is the big story from yesterday. Huge swings where you saw the yields up significantly in the morning and drop Something Like 18 or 19 basis points. You see the tenyear yield below where we were this time yesterday. 4. 488. The twoyear yield at 5. 07 . Lets look at crude oil. Wti is up to 85. 93. Then we look at the crypto board. You b bitcoin is up this morning with the speculation it will be approved by the s. E. C. 17,000 is low. I remember it. I dont get the speculation. We talked to hester yesterday. I cant believe it hasnt happened. She also has been in favor. She seemed to suggest and i read her comments to mean these folks were not any more inclined to do it a week ago. I got her. If we did get that from her, it was like go figure. For some reason, they will not do it. It implied the logic. Sure. She has been in favor. If you have people who dont agree with logic, it doesnt matter. Ge is out. Phil l
Are you gonna run for president . I think i just got an f from you actually. crowd applauds crowd applauds gary kelly, welcome. Thank you. Nice to be with you and congratulations on all your success. Well thank you. The long and good record of putting big numbers up on the board. I was actually gonna come in here today and say, boy, isnt it a challenging time to be in the Airline Business . Apparently not, the most revenue, the most profit, the most shareholder returns, the highest stock price. The most customers. The most customers. The highest load factor. You have more planes than ever. Youve got more destinations than ever. Youve got a new reservation system in place. You havent dragged anybody off a plane. audience laughs there are no scorpions in the cabins. You havent killed anybodys dog that im aware of. I mean you really have managed to cut your own path. Yeah stop there. Stop right there, good. audience laughs youve managed to cut your own path here, and i think theres a lot
Good morning. Its chilly out there again. Hopefully people were watching yesterday and not surprised. I want to see your eyes on the traffic. See that . Its on me, and the traffic and that looked like a truck but anyway. So we got lots of sunshine on the way again. Cloud cover off the coast. This is going to be a repeat of yesterday except that we are going to get milder this afternoon. Starting out chilly though. 49 degrees currently in philadelphia under clear skies. Just 39 in allentown so similar numbers to what we had yesterday. Pretty cool out there and cool enough for a coat or a jacket. 42 degrees in reading. 43 in wilmington, 42 in trenton. 55 degrees a little milder early on in cape may. And as we go through the day theres the good news for most of you, 46 by 7 oclock. Well get up to 72 for a high around 3 oclock and then back to 68 by 5 oclock and 62 by 7 oclock. If youre getting the kids ready for the bus stop, get them ready to deal with a little bit of a chill out there.
Are you gonna run for president . I think i just got an f from you actually. crowd applauds crowd applauds gary kelly, welcome. Thank you. Nice to be with you and congratulations on all your success. Well thank you. The long and good record of putting big numbers up on the board. I was actually gonna come in here today and say, boy, isnt it a challenging time to be in the Airline Business . Apparently not, the most revenue, the most profit, the most shareholder returns, the highest stock price. The most customers. The most customers. The highest load factor. You have more planes than ever. Youve got more destinations than ever. Youve got a new reservation system in place. You havent dragged anybody off a plane. audience laughs there are no scorpions in the cabins. You havent killed anybodys dog that im aware of. I mean you really have managed to cut your own path. Yeah stop there. Stop right there, good. audience laughs youve managed to cut your own path here, and i think theres a lot
This is bloomberg surveillance. We have a packed show for you. We have that great interview that john cryan gave us, talking about the restructuring. We also have to look at the markets. We look at china, what the fed, janet yellen told us on friday. This is the picture overall. I want to put a lot of these european stocks, Deutsche Bank down some 5 . This is after john cryan said he has a new strategy, including asking the markets for 8 billion euros. You can see a little bit of dilution in the share is what we were expecting. 0. 6 it overall, seems that european shares are being cold lower, first of all because Deutsche Bank is tumbling, but also because the metals are lower. Investors weighing Growth Prospects for china and Janet Yellens statements on Interest Rates. Geopolitical tensions also bolstering yen. I want to show you topix. 1554, a little bit lower because of japan moving to its highest possible alert level after north korea fired of the state missiles. First, lets get to