Stay updated with breaking news from David kotok. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Years, along with china and others. Alix and today is the start of the fomc meeting, and hes been putting a lot of pressure on them. What are you guys doing for me and my growth . David it is fascinating that hes really accusing them of being a currency manipulator. Alix we have another headline crossing, saying that they a rate cut as a primary tool for stimulus, outlining what draghi said. What is surprising in that headline is that the rate cutting will be the primary one. David particularly because he mentioned Forward Guidance and the asset purchase program. Now the report is that when they do it, they are going to do it through the rate cuts. Alix to me, the question is how much lower do you want to go . You are already at a 40 basis points. How low do you go, and what does that mean for your tltro, the longterm Borrowing Program . David and ultimately, is that goi ....
At whatstake a look going on in to those brexit talks. The pound is up by. 2 . Stronger dollar story throughout the day and dollaryen is up to. 6 . 58 basis points. Thats really steep. Time for the morning brief. Ahead. A look at the week today theresa may is scheduled to meet with Jeanclaude Juncker. Then social democrats hold their convention. Congress has to act to avoid a Government Shutdown and we are also going to get on friday u. S. Jobs numbers. Big week ahead. Topics tax, u. K. , cvs buying aetna. The talk on the talk shows was all about taxes. Had towhat the senators say. When you heard the president say we are very close to the finish line you know he has wanted a 15 right from the beginning. Is parted to a 20 rate of the discussion. The house as a 20 right now. We are happy with both of those numbers. If something small happens in conference that gets us ....
Before one of the major holidays. We are heading for the end of the year. That is the attitude today. All three averages at simultaneous highs. Tied to optimism over the tax bill and the effect andould have on corporate stock prices. All three averages are reaching highs. The nasdaq has been lagging. We have a graphical look at this. The white lines are the times that the major averages closed at highs. The dow 69 closing high, now counting today. The s p is 61, and the nasdaq is 71. That is the number of times those major averages closed at records. The dow is close to breaking its record in recordsetting closes for the year. The last time it was this high was in 1995. Some of the out that we have seen include elliott management. In thend a half stake company and it seems numerous strategic opportunities. Shares are soaring nearly 50 . Jp morgan calls it one of his top midcap ideas for next year. Products are improving. Maker wasipment upgraded at keybank. An analyst says the stock is ....
Consumers and businesses cut spending and asked its fell. That is a set of that is a setback for shinzo abe. Germanys chancellor Angela Merkel is saying she is willing to consider debt relief degrees. She made her first Public Comments since area finance ministers endorsed bailout for greece. She is confident the imf will join bailout. There may be some leeway on the Interest Rates the greeks are paying on their debt. Searchers in indonesia have found the wreckage of a commercial prop just that appeared to have crashed prop jet that appeared to have crashed into a mountain. There were 54 people on board. And lost contact with the air Traffic Control while flying in cloudy weather. He is elected president , donald trump says he would deport all undocumented immigran ....