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Looking at early trading in european equities, in the green. The dax up by 0. 6 . Cac up by 0. 9 . Lets check out the Energy Markets. Yesterday Energy Markets traded higher. Once again as it looked like demand in china might be pushing higher. Some of the opec nations looked like they might be cutting back as they said they would be doing. This morning, wti down about 1 . Steve . Here are the big stories today. Janet yellen says she is upbeat about the shortterm economic outlook. Speaking to a group of educators in washington late yesterday, janet yellen said the labor market is looking strong, but the central bank chief is worried about longerterm issues like growing income inequality and weak growth in labor productivity. Its the busiest day of the week for economic data, retail sales out at 8 30 a. M. Eastern. This is the important december retail sales number. At 8 30, th ....
He is expected to arrive at the president ial palace for a meeting today. That is a big announcement by the way. A major speech on immigration policy. They hit the battleground of that today. Incoherent immature. Adding the endorsement of another push. They will break it all down for you. Plus america scoring a big win over isis. An airstrike in syria. Why is john kerry think we should keep it hushhush. The fight of the epipen prices. They call it exorbitantly expensive. When Health Insurance extras can be here exclusively to tell me if they can lower the price if they want too. We can have the latest on the tax bill. And they break it out. The latest attack. We are less than an hour to a closing bell. Lets start the countdown. The last trading day of the month of august and here we are as we approach the closing bell. We are on track to close out the month of august. They are calling it a calm month. Getting a rock today. It is ....
Told Ryan Chilcote the country is heading into a recession if oil stays at 45 a barrel. The Current Situation 45 dollars a barrel and you expect that to be all year. In that case, the depreciation will be 4 5 . Oil price you are working on right now . It is a possible scenario. It is the worst possible. Generally, it will be higher than now. In case it is 45, the decline would be 4 or 5 . How long do you see the recession lasting . It depends on markets and we think that it will be 2016 are 2017. Or 2017. One of the price of oil stays low be on this year . We will have Something Like 170 billion. It is something around 10. The price will be around 45. The budget spending is for budget. It loses something with the oil prices. We have the budget. Ok. Lets get more and go to moscow. Lets get a sense of how confident the g ....
Want to be here Vladimir Putin a suit. Here he is earlier. Look at the look on his face. Earlier this year with the Prime Minister of japan. Here he is a few months later pulling the same mug. Standing next to german chancellor Angela Merkel at the g8 summit in ireland. Everybody is having a good time. Here he is at the same event with president obama. Oh, please, wont Somebody Just give me a puppy . Or maybe a python . Maybe a wooden plank i could break with my forehead . Yeah, that putin, patented putin posture that i would prefer not to be here posture, that got kind of an affectionate mention today in the east room of the white house. I dont have a bad personal relationship with putin. When we have conversations, theyre candid, theyre blunt. Oftentimes theyre cons ....