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Online more Central Bank Action from japan helping fuel the bulls and despite all of that, oil plunging again, down more than 20 as we see one Energy Company file for brankruptcy. Ahead on todays show, were taking a deep dive on the path forward for retailers. That sector deals with the fallout from the lock down well speak with about the issues facing the industry and be joined by former macys ceo as Department Stores deal with their own challenges and bankruptcy concerns swirl around the sector were up 5 on the s p with 59 minutes left citigroup is up 8 still down 42 year to date. Lets focus on the big stories were watching today mike is is tracking the market moves. Meg has the latest mike, lets kick it off with you and the broader markets. After about two weeks of going sideways, the s p 500 gets a little bit ....
Administrators say layoffs and School Closures are likely coming. Putting the bond measure on the november ballot. This will be the largest bond measure in the districts history. However, it would only cover a fraction of what is needed. And as the district grapples with their own budget, help is now finally on the way for educators and staff who simply cannot afford to live or work in the city. And currently the average rent for a single bedroom apartment is 2,900 right here in the city of San Francisco. Today the Mayors Office of the Community Housing held a lottery drawing to see what teachers and staff will qualify for the districts first Affordable Housing project. The need is so great. 938 people ap ....
Ranges i agree and it occurred to me again why the market went up yesterday, we just dont know how to enjoy good things, good times. I mean, it really looks like we have maybe progrowth policies, Interest Rates that will probably still stay low. Inflation that probably wont be a problem. Everybody is worrying about Profit Margins hitting peak because wage gains will start hurting Profit Margins its bad for income inequality, but in the meantime Profit Margins stasy sustained. Everyone is saying its overvalued, but are we missing the point that there is like a perfect storm . Yeah, and yesterday you were talking about Profit Margins and once wages go up, Profit ....
Thank you for joining us. So much to discuss. I guess we will start with the intelligence agency. Where are we right now. Have you ever seen it in this much of a dirray . There were a lot of people in the government of the United States opposed to ronald reagan. Particularly from those who did not like the policies that he was putting into place. When you see a leak like the ones youve seen over the last couple of weeks you can have to wonder who is it that is going to benefit from this. They include the two page summary of what is a multipage assessment and a belief that somehow the russians have been able to compromise the president elect. Those kind of things in my experience are never to be included in intelligence briefing. If its not by more than two people its been a leak. In this particular case it floated all over the place. There are questions on whether or not president obama even have a chance to see it. It floated all ....
Could chalk up its biggest weekly advance in six months. We will continue to follow the story out of ukraine and keep you updated throughout the morning. The Russia Ukraine situation, that is not the only geopolitical story on the radar. Chuck hagel sounding the alarm on the situation in the middle east arguing that the longterm threat of isis is even more dangerous than al qaeda. Chuck hagel talking about the 9 11 threat to the United States. Jim, isil is as sophisticated and well funded as any group that we have seen. They marry ideology, sophistication of strategic and ticketical military prowess. They are tremendously well funded. This is beyond anything that weve seen. So we must prepare for everything. And the only way you do that is you take a cold, steely hard look at it and get ready. Also today, fighting between israeli and palestinians continues. Israel air strikes ....