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Points. 770 is the yield on the 10year treasury right now. The yield on the 30year treasury below 1. 35 . It is now down 18 basis points at 1. 358 on the 30year. Mortgage rates are hitting record lows, how you can take advantage of this, these yields are tied to mortgages so we could see refi activity as well. Coronavirus crisis, one hundred thousand confirmed cases worldwide. That number is expected to increase. President trump says that the u. S. Economy could take a hit but says it is all going to work out and everybody should be calm. The democratic field is thinning out. Elizabeth warren the latest to drop out of the 2020 race but not making an endorsement just yet. Meanwhile this Jpmorgan Chase jamie dimon is recovering from emergency heart surgery this morning. The surgery was successful and dimon is awake and alert. Plus nashville recovery, President Trump headed to ....
America this morning, december jobs report is expected just about in 2 and a half hours time after 8 00 a. M. Eastern this morning, estimates show 164,000 jobs added to the economy in the month of december of the last month of 2019 with Unemployment RateHolding Steady at 50year low, 3 and a half , markets are up ahead of the report, take a look, dow industrials up 54 points, s p futures up 7 and a quarter, john, we are expecting a slowdown from the robust growth we saw earlier in the year and certainly in 2018. Nevertheless i think this jobs report is going to be good enough so that we are going to have new record highs at the close of the equity market today, you know, probably conformed to expectations we will see further growth by wages but not at such a rate of growth that we begin to worry about inflation. Maria expansion continues in the year . Why not. No registrat ....
Sectors, however, employment was steady to rising in most other sectors. And throughout the nation, labor markets are set to remain tight. And widespread labor shortages were actually reported wage growth, however, something that weve talked about for a long time was modest to moderate home sales front, moderate variation. Now, prices rose at a moderate pace however, some businesses were indeed passing along tariff increases to consumers and i want to take you through a few of the regional comments which we got which in many cases represent an aboutface from the prior beige book in new york, sectors plan to raise their sale prices in 2020. And it rose significantly and they anticipate higher prices among manufacturers. One last thing here, in cleveland, retailers said tariffs put upward pressures on costs. So we have these districts around the country reporting that these tariffs are still working their way through the economy. It could potentially put some upward pressure on inflation ....
Network Dagen Mcdowell as always, pwc partner and cfr Mitch Roschelle and lindsey bell maria markets this morning, quiet situation going do what could be fireworks in next 2 days, dow industrials down 71 points, nasdaq down 27, Federal Reserve jay powell testifying before the House Financial ServicesCommittee Later this morning, markets are watching specifically to see if powells comments indicate signs of a future rate cut, a lot of people yesterday, Jon Hilsenrath said, well, if its not july, itll be september, lindsey, you have a lot of thoughts on this. Yeah from the testimony today and tomorrow, im not speaking anything new out of fed ch ....
Famous people in this case, Stormy Daniels, took the stand to tell her story under oath for the first time. The former president coming facetoface with adult film actress Stormy Daniels the star witness to the prosecution took the stand. Even the judge was pumped. He was like, please welcome to the stand, Stormy Daniels. Stormy daniels gave a really detailed testimony really detailed. There have been contentious moments just in the past few moments, as Stormy Daniels faces crossexamination. Let me tell you, it is not over yet. Daniels is going to be back on the stand again on thursday. True, as this continues forward. Daniels is the first eyewitness to recount trumps conduct in their encounter, that he later paid to cover up. Announcement driving headlines here, we ....