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A payroll tax cut to provide shortterm stimulus, pu sources telling cnbc the white house is far from ready to roll out the proposals and a number of Companies Cutting their dividends and Spending Plans guests this afternoon, the ceo of jet blue as the company pulls its guidance due coronavirus jim oneill joins us to discuss the Economic Impact and government responses around the globe and what to do with your money now. David herro will join us as we count you down into the close. 59 minutes left of trade joining us for the full hour, paul hickey and paul, you guys have been doing some research as to how key and how stomach churning this final hour of trade has been this really is the most important hour of the day lately over the last ten days zblsh repeat that. Most important hour of the day. Over the last ten trad ....
From hong kong to tokyo, frankfurt, and washington, our bloomberg voices are on the ground with todays top stories. We begin with the escalating tension in the middle east after the u. S. Killed errani and general soleimani killed iranian general soleimani. Irans president Hassan Rouhani warned of retaliation. They will see the consequent as of their mistake not only today, but in the years to come. Our for the latest, bloomberg correspondent joins us from doha. Telus the latest from iraq and iran. Reporter in iran today, it was an emotional scene, with the Ayatollah Khomeini openly weeping as there were speeches around the burial ceremony for qasem soleimani. He was also joined by palestinian leaders in giving those speeches. In addition to vowing revenge, irans Hassan Rouhani said the country would leave the remain ....
Money manager ken fisher and forget the stock of the day and why many are set to soar it is wednesday, october 16. Worldwide exchange starts right now. Good morning. Welcome to the show. Stock futures indicating the dow will open modestly lower at the open you can see if these futures open, the dow would open down by about 57 points and the nasdaq around 15 to 16. The blue chips open at 27,000 for the First Time Since september. The dow and s p 1 away from record high levels the 10year Government Note a tick lower at 1. 733 twoyear note, 1. 57 in the asian trade, japan now up about 1 hang seng up about half a percent. In south korea, the central bank lowering the key rate a quarter of 1 as expected to a report low 1. 25 . More room is still there as well european trading, we are seeing a little negativity there. German dax as well and the german ftse off as well. New devel ....
The 70s that wiped 2 3 of the value of equities. That was then. Is it now . It is hard to say but early indications no. Whats remarkable here my friends, as we look at these numbers how tame they are, considering what is going on. If this were to have occurred back in the 70s and the Worlds Biggest Oil producer which saudi arabia was at time, so much of its oil sidelined we would be in deep you know what. So far does not appear to be the case. Price Futures GroupSenior Analyst phil flynn at the cme. Phil, it is remarkable, you know . It really is and you really got to credit the u. S. Energy industry, donald trump and his Energy Policies allowing u. S. Energy producers to do what they do best, that is producing energy. It raises concerns when you listen to the ....
Thing the stock market open the lower, started fighting back after hotter than expected cpi report. Here is the good news. We have some of the most brilliant mind in the business, we have ken fisher, steven ought. Constance hunter peter morici, paul schatz. Today is oneYear Anniversary of the market bottom. Doesnt feel like a bull market, does it. This bond yield thing has a lot of hedge funds, hedge funds are more short the market than ever. They keep talking about black friday. Later on in the show i will share how to make you unbreakable ininvestor. Today ask ills one of those prime days and more on making money. Charles so heres the breaking news, this just happened a few minutes before they came on the air. They had an auction yesterday we had a 10year auction. It was not a good auction. Dealers had to eat almost 19 . Anything over 14 is usually not a good market. Yesterday we had that. We had a 30year bond auction. You kno ....