green sprinklers. um, well, as within a certain length of auction, you wings me checklist people with reason, joy vehicle now to bison, and wait a storage from which none of castilla had sent the purpose. graham, she resumed, ah, and i know soothed insurance. knew our figured out of toner. i was in the north stella schuster now, pretty much all complete honesty, but a full noah walker is showing me it s with this medical unit has been sent up in a maintenance building. it s protected from shelling or slow hold on the overall i knew that when you spoke to the team works 10 minutes drive from the front line in squad now. but sometimes shells fly in excitement. you know, then anybody really been suing and you were listen a to share with you and you are the group. she will grow with what it went on board with feel. but there s been, you know, for just a whole bunch of the mission of bangladesh with no go to in the chair and the papers have been like other things done or cisco bur
The dax is down some 1 . A little bit of pressure on the stoxx 600, i guess a little bit of concern over the tax overhaul. There is a little bit of pressure on miners. The bloomberg dollar index again, the dollar seems to be pretty steady. I am looking at the pound because of theresa may and there could be some kind of rebellion brewing. We will get our Political Correspondent on that. We talk economics and Monetary Policy with larry hathaway. He is the head of investment solutions. Then, we discuss as it presses we discuss asset prices. Overhaul. The tax we are also just getting some breaking news out of indias central bank. It is maintaining its neutral Monetary Policy stance. I know we will get the chart of for you and i will bring you any breaking news that we have from the rbi of india. Lets get straight to the bloomberg first word news. Nejra donald trump will formally declare jerusalem to be israels capital and direct the state department to start the process of moving the Ameri
Gina we dont need to worry about the 10years getting too expensive until 3. 5 , quite frankly. Weve seen 3 in the past few years. Our work suggests the sort of positive effect on the Financial Sector of the 10year moving higher right now overwhelms the potential negative effect of the valuation compression as rates rise. Jonathan m we have been talking about this rate rotation for years. People are going to go out of bonds into equities. It is pretty high right now. Bond returns, we are only three weeks into the year but they are not very good. Maybe you start to see as rates move higher and and returned to start to deepen in the bond market, people moving equities and supporting the equity market. David at some point, when the bond yields get up to 2. 85 , perhaps it will get to 3 in the 10year, i dont think so but perhaps, the equity market is going to pick up and take notice. I think it will be to the benefit of the bond market. Mark with these higher rates, we think the economy wil
President s address and the monthly jobs number. We got shares of dr. Pepper and keurig is buying the maker apple continues to move in the opposite direction of the market another report of the iphone weakness as the month heads into the home stretch, s p 500 on track for the best january since 87 busy earnings calendar including results from all, you got the president s address tomorrow night, yellens last meeting as chair of the central bank and the jobs number on friday. 271 is getting peoples attention. There is some theory that yellen is more hawkish on this run. She ought to be hawkish i look for weakness in this economy and i cannot find it consumer is strong and corporate spending i got to tell you, tax reform is working. The more ceos that i speak to or everybody in the Overall Community lets call it the more you realize, there is still not in any way full appreciation and even only a slight of appreciation at this point for what the ramifications are going to be. Many words a
We are here at bear creek road and highway 35. We saw two pickup trucks leaving with animals. I assume they are evacuating. A lady came by with animals. She e vk waited. She saw it and didnt want to have to deal with that. She is probably making the right decision. The areas that are evacuated, im going list off roads. Deer creek road, rons road, dons road, lost valley and favor ridge and oak ridge. The Santa Cruz County sent reverse 911 calls to people who live in the evacuation zones. You should have received those calls. Even in the evacuation zone, if you dont want to be down there and feel like you are in danger, leave the area if its safe to do so. Cal fire is calling this fire the bear fire. They are doing it as bearfire, if you are on twitter and want to follow the latest updates. The Evacuation Center is Boulder Creek elementary. We have a warm building and well try to get coffee and water and do whatever we can to make them comfortable. See, as they continue to make things co