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The Health Care Bill though seems to be at this point happening on by a thread with growing number of holdouts ahead of the vote next week. We have live update from capitol hill where things stand right now. It has been exactly two years, meantime, since the Iran Nuclear Deal went into effect. What changed between now and then . Well hear from the state department on that. Jpmorgan Ceo Jamie Dimon is fed up with the government gridlock. He is not going to take it anymore says jamie dimon a heated Conference Call this morning and reaction to it, from forbes media chairman, steve forbes. Melissa back to record new highs. Dow with a the third record in a row. Nicole petallides on floor of the new york stock exchange. What is fueling these new records . Everyone ....
This is my market talk. What were seeing across the globe is a little less worry emanating from the tensions between the u. S. And north korea. That seems to be showing signs of easing. Shares in europe following asia higher. Climbingk futures also , treasuries down, and yen up. Lets get straight to the bloomberg first word news. Heres Sebastian Salek. Sebastian donald trump has faced more criticism after failing to personally denounced the White Nationalists and neonazis who held a rally in virginia. The white house released a statement saying the president condemns all forms of violence, ty, and hatred. Vice president mike pence made similar remarks in columbia. Groups thatremist need to be pushed out of the public debate entirely and discredited for the hate groups and dangerous Fringe Groups they are. Has refused ....
The economy and the outlook for the trump agenda. Wells fargo takes punitive action against the former ceo and another top action for their central role in the fake account fiasco. They announced millions in new salary claw backs. And a video surfaces showing an airline forcibly removing a doctor from an overbooked flight. First up though, big week for the markets. Wednesday well get data including march import prices. Thursday, jobless claims. Markets closed on friday but theres still Economic Data including retail sales, cpi and consumer sentiment. Earnings seasonen gets under way. Citi and wells, well get that before the opening bell. There will be a lot of questions, jim, about margins, rates, this trend were seeing in some c i loans and earnings themselves. Look, last year at this time, there were concerns that perhaps with no rate hikes who knows what they can do and then they got hit by the fact that they have bad oil and ga ....
Europe is pretty weak. Ten year yield 223, now the lowest since mid november and gold came close to 1290. Our road map begins with a eye on the financials. Jpmorgan, wells and citi all reporting better earnings than expected. Plus, the new centrist president and about face from President Trump on several key Economic Policy positions. And apples big health bet. Sources tell cnbc that the company has a secret Group Developing a new glucose monitor to treat diabetes. But first up, earnings season is here with a bang. Jpmorgan and wells fargo and citi group out this morning. Citi earnings and revenue came in well above the estimates. Mortgages though remain a trouble spot. Pretty good in trading. Equity yeah. Very quickly, jpmorgan is pretty much what im going to say pretty much perfect. But the stock was up very big. P ....
Hallelujah what explains this reversal of fortune from just a couple weeks ago to where we are now . Unless we understand how we got here, we cant know where were going. We need you to know the facts so they can buttress the story. First, we got brexit wrong [ buzzer ] just plain wrong. What was wildly hailed as a disaster, something that the alarmists explained was the end of the world, turned out to be the best thing that could happen in the fry markets. One, we had an unforeseen event that big hedge funds simply werent ready. That meant a lot of Fund Managers were betting the wrong way going in. That triggered selling. Two, brexit was something few people understood. If britain voted to exit the european union, it was bad for all stocks. If it voted to stay, that was good. You had a huge number of hedge Fund Managers pull out of the stocks because they thought they were on t ....