By just three hours. Jamie dimon making personal phone calls to washington. More details emerging from the sony hack. What it means for sonys power now within the industry. Straight ahead, the ceo of adobe will join us after beating estimates. Stock is up nicely this morning. We start with the markets. Many mark harris head of Global Research joins us. As the price of Oil Continues to come down, are you reassessing the implications for more and more investors . Oil is linked into every market. Fx, emerging markets, we cannot escape the realities of oil hitting 58 on wti. My strategist has a very strong view. We will continue to see pressure through the first quarter. At that point, we are predicting and do expect that there will be more pressure on the saudis, at least at these levels to put that production in in a different way than they stated previously. How does that change your advice to investors . What does it mean for the market overall . I think the truth of the matter is, we
Probably get today. Write down this number, 15,676. 94. Thats what we need for an alltime high on the dow. Especially what we need is a gain of 108 points. Were about 10 points away from that right now. All of this despite a dip in Consumer Spending last month. And Consumer Confidence numbers that were well below expectations. But yet this market continues to power higher. Absolutely. Weve got money moving into equities. Amazing this market is where it is just five years after the financial crisis. Here in chicago, we will be speaki speaking exclusively with hank paulson. Well get reaction to todays breaking news about the deal between jpmorgan and the Justice Department. But it may be coming apart. We to want get his take on that. Then former senator chris dodd and former congressman barney frank are both with me. They spawned the dodd frank regulations of course. As well as securities and Exchange Commissioner Mary Schapiro will be joining us in this hour. After the break ill talk wi
By AJ Fabino Growing concerns about the safety of bank deposits have prompted investors to approach community and regional banks with caution. Recent events, such as the collapse of Signature Bank and SVB Financial Group’s Silicon Valley Bank have raised questions about deposit insurance, prompting U.S. Treasury Secretary Janet Yellen to testify before a U.S. Senate appropriations subcommittee.