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Been if america had not had, as it does, an oil glut. It would have been a much bigger price spike. Thats the upside, i guess, of energy independence. Now, whats happening in oil has not had a negative impact on stocks. We are still looking at a gain for the dow, what, about 90 points, up about 34 on the nasdaq. Part of the dows gain is fueled by the Big Oil Companies which do well when oil prices rise. This tanker story is a big money story. We are all over it. And theres a lot going on. We will keep you in touch with it. Elsewhere, ah, Bernie Sanders outlines his definition of democratic socialism. We will break that down for you. Not literally. The president is setting the political world on fire. He says he would accept information on political opponents from Foreign Governments. Theres a shocker. Connecticut, ....
Station employees are back at work today. Mourners turned out for a vigil to pay their respects. Weren parker and ward during an onair broadcast. What we know is that the number of people who have died incidentselated around this country dwarfs any deaths that have been through terrorism. We are willing to spend trillions of dollars to prevent terrorist activities, but we have not been willing, so far, to impose some common sense gun Safety Measures that could save some lives. Vonnie that was president obama at wpvi in philadelphia. The suspect took his own life, but not before posting video of the murders on social media. The woman who was wounded is in stable condition this morning. Chinese stocks of ended their fivethey plunge. Almost all the gains in the last 45 minutes of training. The shenzhen composite was up 3. 5 . The shanghai composite gained 5 . The Chinese Govern ....
Regulatory reform. Why were you interested in that role . You know, i honestly am sort of surprised so much is being made of my being named to that. I dont think it really changes what ive been doing. You know, ive known donald for years. Hes an extremely bright guy. I backed him for the presidency. And, i mean, its almost like talking about i know theres talks about conflicts and im sure that youre going to talk about that and ill just say this, that its almost as ridiculous as saying, you know, if that donald shouldnt talk to a jamie dimon about Bank Regulation because theyre ceos of a bank. I do own companies in every area, but as far as im concerned i dont have any specific duties. What im going to be doing is basically talking to donald as ive talked before and i do think its important, extremely important, for this country that theres absurd Regulatory Environment< ....
I look to the stoxx 600. What are people saying . Jonathan the only good news is we are on session we open much lower, down as much as 3 at one point. It is classic risk aversion to equities. Yields go lower, the dollar yen goes below 120. For me, the big headline is china, china, china. Nonmanufacturing pmi. The story we have been told over the past 12 months is short their manufacturing will weaken but services will improve. Erik i want to bring mike into this as well. Is vicks is what everyone talking about. The volatility that comes as a result of the implied vote of futures. The best thing we have got going , this is the ball in european. Tocks it is up 10 right now but that index, again, this is our best proxy until the vicks starts trading at 9 30. Session lows. The caveat is european volatility has picked up at a time when actually u. S. Volatility, the vicks, has stayed pretty much muted throughout the year. Finally, the vicks woke up. European volatility is being heightened a ....
We found out today what can happen when you are a top nuno who openly bashes the obama admistration. It will cost a company. The legal costs in defending itself i a slew of federal investigations will total at least an astonishing 23 billion could go even higher. This for a bank that our government thought necessary to raise billions of taxpayer dollars to bailout. The banks chairman and Ceo Jamie Dimon has been one of the few bold enou to criticize the white ouse Economic Policy which has made him a target of sorts. With me now, former goldman vicepresident who is now a scholar and a liberal think tank. And neil weinberg, itorinchief of american banker. To start this off of what you to look at something. We want to make a chart of the different ancies investigating jpmorgan. There are so many we could not fit them all on the same screen. And lk at this next screen. Five mo ....