Of bonds versus stocks. We know that as stocks has been rallying, so have bonds. That is interesting because because the correlation between them has been declining over time. The correlation is at the lowest going back a year. But and actually might still be attractive to be buying stocks over bonds. If you look at the chart here inside the terminal, when looking at the dividend yields about the 10 year yield, dividend yield is still offering more return than the 10 year treasury yield. So even though bonds and stocks are high, actually still might make sense to buy dividends over treasury yields. Lets bring volatility and the vix into the equation. What we are looking at is the vix curve. Up, it is this melt at super low levels. The lowest levels we have seen in about a year. Beneath the surface we are seeing the curve steepen. The steepest in three years. Basically what this tells us is even though volatility is low right now, the implied volatility going out further is steepening t
His heavilycriticized reason for why he didnt sound the Warning Sirens. Here are tonights headlines. This remarkable video. Survivor seeking safety in a pool, as wildfires rage. And our tough questions to the man in charge of Emergency Response beards because so many people said they could have beey had time to escape. Had a siren going off. Lahaina is not for sale. Norah one of the big concerns from our reporting on maui, developers coming in and buying their land. What hawaiis governor is saying tonight. My intentions start to finish is to make sure that no one is victimized from a land grab. A rare storm has formed into Hurricane Hilary along the mexican coast. The storm is expected to move toward southern california. Norah Flash Mob Burglaries hitting luxury retailers like gucci and getting away with millions in stolen goods. No angeleno should feel like it is not safe to go shopping in los angeles. Here in louisiana, they are building this massive ship, 81st of its kind in the u.
Shinzo abe a blow to shinzo abe. There is uncertainty about whether japan can reduce its deficit and boost growth. He has helped to make his economic policies the focus of the campaign. Brendan . In Hong Kong Police are battling prodemocracy protesters that have occupied the citys admiralty district. Police used water hoses and pepper spray to push back protesters. Trying toters are expand their hold on central hong kong. Is protest leader alex chow. Any movement that can successfully surround the City Government headquarters makes the authorities lose face and gives them a slap in the face. If they want to keep their dignity, they should respond directly to citizens democracy requests. Protesters have demanded that hong kong allow free elections for its next leader. The government is refusing. In d c for the lameduck congress, a lot to do and not much time to do it. Lawmakers are back for the next couple of weeks before a new congress convenes in january. On their list come up with a
Could no longer care for him. Denisha stevens later admit that was a lie. Stevens is charged with child endangerment and tampering with evidence. And federal prosecutors will not be charging John Hinckley in the death of james brady. The former White House Press secretary died in august from injuries related to a is the 81 assassination attempt on president reagan. A jury found hinckley not guilty by reason of insanity and because of this the department of justice said the government is precluded from now arguing hinckley was sane at the time of that shooting. Hinckley has of course spent the past three decades in a mental hospital. Now, d. C. Officially has a new mayor. And her inauguration festivities are not over yet. Thats right. Today, Muriel Bowser became the seventh elected mayor of d. C. What does she have planned for the district in 2015 . Mike live outside the Convention Center with a look at todays swearingin and the start of a new era in the District Of Columbia. Mike . A n
Things like that and makes a difference. Bowser said shell continue now former mayor grays program to spend 100 million a year on affordable housing. She spoke of another focus. It is my duty to focus on our men and boys of color and find hope where it is missing. And the path to opportunity where it has been lost. Bowser told the crowd she wants to get the olympics here in 2024. And she promised clean government. At the end of the ceremony we spotted the former mayor hugging city officials saying goodbye in a nearly empty hall. Ive been a Public Servant in one way or another all my life and im sure thats what ill do for the rest of my life. Bowsers inaugural slogan is a fresh start. Council chairman phil mimmilson talked about the council saying the majority of the Incoming Council would be in the first term. And there is a special election in april to fill bowsers seat and that of the late mayor, Council Member marion barry who died in november. Reporting live from the d. C. Conventi