We are talkingl of a startups valued at a billion dollars or more. Shows thes chart total values of ipo issuances in the united states. What a peak we are about to hit. Unicorns likeol uber and pinterest. Were hitting near record levels for ideas. Thisel regan writes about and if it could be a signal that the bull market is ending. The fed surprised people buy in their projections for rate increases for the rest of the year they are projecting no more rate increases. People think the fed knows something we dont know. Something bad, right . Something that is coming. Then not too long after that the threemonth 10 year yield curve inverted. I day that will live in infamy. That is when rates on areemonth treasurys higher than rates on 10 year treasuries. Without getting into the bond market math it is a worrisome time. Its not the way it is supposed to be in terms of the yield curve, right . You should be compensated for taking on longer risk. If you invest in a bond that matures in 10 yea
Elizabeth warren. Therese raphael in london. We have just a few hours until another vote in brexit. They are narrowing the options. Is it a Customs Union were looking at . Therese i wish i could tell you they were. Just recently the labour party seems to be throwing it support to another option, which is staying in the Single Market, a norway style option in which britain would retain full single style market and that is usually that is something theresa may in the conservative party believed the brexit vote was about ending. David what was the point in doing it at all . Are they basically in the European Union . Thesere it is retaining some of the benefits of the eu but with that none of us say in the institutions. Britain would lose its seat at the table. One line of thinking is this is tactical and the labour party moved to support this would drive more mps toward theresa mays deal which will probably come back to parliament again this week. Weve not seen the last of it. David thank
ecb, comey, and the testimony, and the u.k. election. markets are less cautious in yesterday. we are seeing stocks rise for the first day in three. most of these currencies falling against the dollar today. sovereign bond yields rising. we will get to lots of corporate news. opular,er, banco p santander agreeing to buy it for a nominal one euro after regulators determine that the lender was likely to fail. santander raising about 7 million euros for a rights issue to bolster the balance sheet. the lender will require all of the stock shares resulting from the conversion of its imposing losses on the banks shareholders. the ecb will be the big event tomorrow. today, according to people familiar with the matter, the ecb will cut its inflation forecast. the euro is little changed now. tomorrow is the big one. this is our wonderful function, telling you everything you need to know about matters of the european union. these are the polls ahead of the election tomorrow. the majorit
sinking 4%. words from tpg co-ceo john winkle read, and that is just the beginning. president donald trump will nominate now former justice department official christopher wray to replace fired fbi director james comey. this comes on the eve of comey s highly anticipated senate testimony. we learned yesterday comey will discuss detailed conversations he had with the president, but stopped short of saying he is trying to obstruct investigation into russert role in the 2016 election. want to bring in our chief washington correspondent from capitol hill. how was the timing of this nomination significant, kevin? kevin: vonnie, i m here outside of the senate intelligence hearing room, where a hearing is wrapping up with top intelligence community officials testifying before the committee. the nsa commit or committee had mike rogers as well as dan coats say they felt no pressure from president trump or any other administration officials to impede their investigations into the rus
that s according to the latest bloomberg market poll. 60% of respondents think it s unrealistic that a bill that lowers premiums and increases coverage will be passed in the next several years. health care also ranked as the most important issue facing the country. the second round of brexit talks began today in brussels. u.k. brexit secretary david davis is urging negotiators to push for progress on the rights of citizens living in each other s nations. the e.u. says that citizens rights is one of three issues where there must be progress before it will discuss future ties with the u.k. and american doctors specializing in treaty rare genetic conditions is in london to assess a critically ill 11-month-old for the first time. the visit by the doctor of columbia university was organized during a court hearing last week after he testified a new treatment was worth a try. charlie guard suffers from a rare genetic disease that has left him brain-damaged and unable to breathe una