Their highs. We have gotten more comments from jeff good luck. He says these not so much a bear on the s p 500 as he is a bull on volatility. After he made those comments we saw the vix take a leg up. As scarlet said, hanging onto gains. The incremental changes that have led us to all of these records for the s p and the dow have been very small. The daily incremental changes. Top of this the chart. It shows the daily change in the s p 500. Way backto go all the to april to find a 1 gain on a closing basis. We have had this series of records for the dow. Hasdaily grind to get there been a grind indeed with very small changes. Bigger changes are happening on the stock level. Correlations and stocks moving on an individual basis. Media stocks moving after earnings from a number of companies. Cbs doing better than competitors. Quite different from what we heard from big media companies. Shares of up 1 . We will hear from 21st century fox tomorrow. We heard from time. Revenue missed estima
Their highs. We have gotten more comments from jeff good luck. He says these not so much a bear on the s p 500 as he is a bull on volatility. After he made those comments we saw the vix take a leg up. As scarlet said, hanging onto gains. The incremental changes that have led us to all of these records for the s p and the dow have been very small. The daily incremental changes. Top of this the chart. It shows the daily change in the s p 500. Way backto go all the to april to find a 1 gain on a closing basis. We have had this series of records for the dow. Hasdaily grind to get there been a grind indeed with very small changes. Bigger changes are happening on the stock level. Correlations and stocks moving on an individual basis. Media stocks moving after earnings from a number of companies. Cbs doing better than competitors. Quite different from what we heard from big media companies. Shares of up 1 . We will hear from 21st century fox tomorrow. We heard from time. Revenue missed estima
Fedticipation. Looking ahead to tomorrow and what people can expect. Valeant shares are down big this morning after disappointing results. And its mega tuesday with five major primaries taking place across the country. Well go live to one of the most important states hitting the polls today. First up, retail sales down 0. 1 last month, in line with expectations, january sales revised downward from 0. 2 to 0. 4 down. Producer price is down 0. 2 in february. Unchanged if you strip out food and energy. The data coming as fed policymakers are set to begin their twoday meeting today with the latest policy Statement Due tomorrow afternoon. That will be followed by Janet Yellens news conference. A big question is whether or not their statement reflects some firming of inflation. Ppi today relatively stable. I think things are tame. Obviously James Bullard was talking about oil going to 20, how he might have to revise his view. It went to 40 and has come back. The thing thats devastating is th
2005, George Herbert walker bush, senator reid made the same argument when george w. Bush was president of United States. Her to, 18 month before be bush left office, senator that there should be a presumption against confirmation. It is only fair to play by the same set of rules. Based on the conduct, based on the behavior of our colleagues when they were in the majority come up first when he filibustered judges for the first time, and later when they were in the majority before they saw the majority slip to republicans, the democratic leader packed the d. C. Court of appeals by a vote from the nuclear option, breaking the senate rules any raw display a political power in order to pack a court that many people called the secondmost Important Court in the land. For this lifetime appointment to the court is a critical check on the executive branch. A check that this administration has proved over and over again, we need desperately. And i have pointed out , this nomination will change t
I dont. But i dont either. At jpmorgan had surprised increase in fixed income trading. Jpmorgan did set aside one billion dollars for future expenses, and the bank is spending more money on Cyber Security and regulatory issues was up earlier on bloomberg surveillance, Andrew Albertson mess is no reason to discount jpmorgan. We are watching the movie too fast. This is a slow economy. Its been a slow recovery. Everything is falling in place in terms of bank land. Weve got the loan cycle picking up, broadening as it should. The first thing i look on the morgan release is loan growth, and its 7 . Thats not shabby. Meantime, jamie dimon is back after spending eight weeks being treated for throat cancer. He said he plans to resume international travel. And citigroup, the nations thirdlargest profit beat estimates. City announced plans to get out inconsumer banking, mostly small ones like el salvador and guam. In the meantime, the most viable bank by market cap, wells fargo, reported earnings