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The president criticizes the fed and europe as powell testifies this week. Deutsche bank announcing massive job cuts, exitinging Global Equities business, a highlyanticipated 8. 3 billion Restructuring Plan, but will it be the last. Another controversy brewing at starbucks well tell you what has the company apologizing this morning. Late last week, the s p was at within striking distance of 3k. Since the release of the stronger than expected june jobs number on friday, stocks have fallen on dampened hopes of a fed rate cut as the chairman prepares to testify on the hill later this week the president ramps up his criticism of the fed over the weekend. Take a listen. Despite everything, theyre not doing well and were doing great. Theyre not doing well at all, were doing great. Were taking money out and Interest Rates ....
Yield . What are you guessing . Around 2 . Lets take a look and see if youre right. Yep, we manage no were at 1. 8. Pardon me for that for forgetting how low we had gotten over the last week or so in terms of what it does cost the u. S. Government to borrow for ten years. Still well better if you compare to france bore rogue. 635 or italy at 1. 6 . Road map this morning starts with Morgan Stanley suffering the same fate as breaththren. Well break down results for you. Johnson johnson posts mixed quarter. Hurt by what else strong dollar. And around the rest of the world, imf cutting its outlook. China posting its slowest growth since 1990. And qe that is certainly on the docket, isnt it for europe this week. Lets start with Morgan Stanley. Its the latest Financial Firm to miss on quarterly results, at least according to w ....
Good morning. The dow is now on its longest winning streak in 16 years. Thursday, march 14th, 2013 and squawk box begins right now. Good morning, everybody. Welcome to squawk box here on cnbc. Im becoky quick along with andrew ross sorkin. Joe is on vacation. Hes still skiing. We are joined on set by mike san tilly. Good to have you here. Good to be with you. Thanks. Good to see you. We have a lot of stuff to talk about because of the markets. The markets have been our lead just about every morning. Not the pope . No, the pope was red. Well talk more about that in a bit. But as we have been doing every morning lately, we begin with the markets because just about every has been closing. As andrew mentioned, its a nineday winning streak. Thats the longest weve seen since 1996. The s p still hasnt reached the alltime high of 1565. 15. Its been get veg close, but at this point, the broader index is still 11 points away. Do you have any idea why its been tough on the s p 500 . Financials an ....
Wells Fargo CEO Says Investment Bank Opportunity 'Staring Us in the Face' themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.
Wells Fargo CEO Says Investment-Bank Opportunity 'Staring Us in the Face' bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.