The trade fight drags on, theres going to be a recession by next summer. Right before the election. Both sides have dug in. All signs point to a lengthy fight. Thats that. Now the market. Following that huge selloff, we have a modest comeback this morning. Down 767 yesterday, maybe back up 100, 200 for the dow at the open this morning. The s p was down, what, 2. 5 yesterday. Its coming back this morning, less than 1 . The nasdaq which was down 3. 5 yesterday, back up 1 this morning. This is not a robust rebound so far. Modest, at best. Check Interest Rates. The yield on the tenyear treasury this morning coming in at 1. 75 . By the way, more rate cuts likely coming from the fed this year and rates in europe are still heading south. Hard to believe. Hardly any government over there pays any interest at all. As for the flight to safety, the price of gold this morning at 1478, up another couple of bucks. Oil, not calling that a flight to safety but a key indicator, 54 a barrel. So how you
service and fbi have come up empty, failing to find fingerprints, video or dna to link any individual to that small bag of cocaine found in a west wing lobby. another massive hack from china on u.s. organizations, reaching as far as the in box of the secretary of commerce, even as secretary of state blinken today was trying to warm up relations with a top chinese official in indonesia. i will get reaction this hour from senate intelligence committee chairman mark warner. good day, everyone. i m andrea mitchell back from the nato summit in lithuania. president biden continuing his foreign trip in finland today, nato s newest member. was pressed whether the allies could trust the u.s. to remain in nato despite opposition by trump republicans to remain in the alliance. president biden also was trying to patch over differences the u.s. has with allies, including great britain, our closest ally, over not giving ukraine a clearer time line of when it could join nato once the wa
the united states and around the world, i m christine romans. we begin with breaking news on what s now the second biggest bank failure in u.s. history. most of first republic bank is now being bought by jpmorgan chase in a deal arranged by the federal deposit insurance corporation. the fdic. cnn s clare sebastian live in london for us. clare, this deal announced just a short time ago. all weekend, we ve been waiting for word what would happen to first republic. we knew it couldn t continue as a concern here. fdic would have to step in. and you went to bed thinkiing first republic is your bank, it s now jpmorgan chase, right? yeah, christine, all 84 branches of first republic will reopen this morning as branches of jpmorgan. this is different than silicon valley bank which was taken by regulators and stayed there for more than two weeks. this happenmuch more quickly over the weekend with that auction held on sunday. several banks bid it. it seems they reached that deal with
i love when you say the destruction of the semantic train right is that what you re saying? i wrote it down. that is. i love it! i love it! happy valentine s day buddy! to you to. thank you for joining us at home. happy valentine s day to you at home. it is not been a quiet one. we have lots of news this evening regarding the special counsel s investigations into both trump s efforts to overturn the 2020 election and to whether trump unlawfully retain classified documents and obstructed efforts to recover them. first of breaking news in the mar-a-lago documents investigation. it concerns trump lawyer evan corcoran who s been representing the former president in his negotiations with the justice department over classified documents found at mar-a-lago. corcoran s already can appeared before the grand jury but tonight nbc news confirms it special jackson jack smith is invoking the crime fraud exception and seeking more of corcoran s testimony. in a sealed filing before a ju
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