Barbara duran from bd8 capital markets. Thank you for joining us today weve got a lot of forces at play again another kind of side waist market, but some Risk Appetite if you look at whats moving higher today i agree with that i think that the action has been very constructive. And i think whats going on is youve seen the earnings expectations come down you had just a little sample last week, but majority of Companies Beat earnings and the most important thing, i think, was jpmorgan and American Express talking about the strength of the consumer in loans and spending and thats really the underpinning to the economy. And so we also know the fed, they have a meeting coming up. Im not expecting them to cut rates, but they have made it clear they stand ready and i think that forms an underpinning for the market. And not to mention china we have a little truce there i think we were all expecting some more down babeat commentar from what weve heard so far but so far, its been okay maybe rest
Neil couple of yves before st. Patricks day, folks they are not worried about the selloff on the corner of wall and broad. We are not worried about it. We have Kendall Fisher coming up. Work with me. This is as long as i can do the irish accent. Im neil cavuto. Lets get to it this prest. Patricks day show. A lot to get to, not a lot of green between wall and broad, a lot of selloffs in effect. Meridian equity partner. Always good to see you. What is going on here today . I understand the backandforth stuff, maybe the rate cuts we want to see on wall street get pushed back to june and beyond but where are you on this . Lets break it down in different segments which weve seen a selloff the last two trading seconds. The market is at significant returns into this year. Weve seen the market trend higher and higher. A little bit of a pullback is healthy for our markets putting aside Interest Rate talks. That is what we are seeing, profittaking, we are getting close to the end quarter and we
Stuart i wonder what that belongs to, barracuda. Have you seen sixth avenue as deserted as that . Lauren it is brighter now though. Stuart im moving on. 10 00 eastern. Straight to the money, the green is there, nasdaq up one hundred 42 points, 40 on the dow, up 24 on the s p. The 10 year treasury yield dropping below 4. 4 , 423 to be precise, the price of oil closer to 80 a barrel, 7864. Look at bitcoin. More on this later but now youve got almost 63,000 on bitcoin. Potential realtors, the latest reading on pending home sales. Lauren increasing by stronger than expected 4. 9 in the 9 in the month of january, forwardlooking and that represent the contract signed, not closed. Maybe a little bit of a decrease, decreased 4. 9 . 9 . Stuart lets turn that around. Expected to increase and we had a contraction dropping 4. 9 . A correction in the month of january. You go to 74. 3. Year over year down 8. 8 . Stuart not what realtors wanted to hear. Now this. Democrats deliberately launched a leg
Choice for Supreme Court seat next week. Many people from our area took the bus trip to washington for the how much for life, Eyewitness News caught up with seminarians before they left Saint Charles seminar any wynnewood earlier this morning. Supporters say that march is an important cause for hugh map rights. It is a great way to one, show world that we to care about women. We care about every life, and for us to go town there it is the biggest demonstration in d. C. It the is a beautiful sight to see. The philadelphia archdiocese said that it expected thousands of local catholics to attend this years how much. This morning President Donald Trump took to twit tore share his thoughts, he tweeted march for life is so important to all of you marching, you have high full sort. The president has just wrapped up an event at the defense tenth where he signed two executive order, one is aimed at rebuilding the military, other teams with limiting the flow of refugees, into the u. S. , and the
Choice for Supreme Court seat next week. Many people from our area took the bus trip to washington for the how much for life, Eyewitness News caught up with seminarians before they left Saint Charles seminar any wynnewood earlier this morning. Supporters say that march is an important cause for hugh map rights. It is a great way to one, show world that we to care about women. We care about every life, and for us to go town there it is the biggest demonstration in d. C. It the is a beautiful sight to see. The philadelphia archdiocese said that it expected thousands of local catholics to attend this years how much. This morning President Donald Trump took to twit tore share his thoughts, he tweeted march for life is so important to all of you marching, you have high full sort. The president has just wrapped up an event at the defense tenth where he signed two executive order, one is aimed at rebuilding the military, other teams with limiting the flow of refugees, into the u. S. , and the