Strongly disagree with fitchs decision, and i believe it is entirely unwarranted. Its flawed assessment is based on outdated data, and fails to reflect improvements across a range of indicators, including those related to governance that weve seen over the past 2. 5 years. That weve seen over the past 25 yeas that weve seen over the past 2. 5 ears. ,. , , 2. 5 years. Other democrats used the downgrade 2. 5 years. Other democrats used the downgrade as 2. 5 years. Other democrats used the downgrade as an 2. 5 years. Other democrats used the downgrade as an opportunityi the downgrade as an opportunity to point the finger at republicans. While Republicans Blamejoe Biden and democrats for trillions of dollars in new spending. Many economists dismiss the downgrade, Includingjp Morgan dismiss the downgrade, including Jp Morgan Chase ceo who called it ridiculous and said that the decision ultimately didnt really matter. And he may not be wrong. Us treasurers, that is government ious, remain th
I strongly disagree with fitchs decision, and i believe it is entirely unwarranted. Its flawed assessment is based on outdated data, and fails to reflect improvements across a range of indicators, including those related to governance that weve seen over the past 2. 5 years. Other democrats used the downgrade as an opportunity to point the finger at republicans for their role in the recent debt limit fight. While republicans blame joe biden and democrats for trillions of dollars in new spending. Many economists dismiss the downgrade, including Jp Morgan Chase ceo jamie diamond, who called it ridiculous and said that the decision ultimately didnt really matter. And he may not be wrong. Us treasuries, that is government ious, remain the bedrock of the Global Financial system, despite this latest knock to the reputation. Expectations are high that it will raise rates again. If so, it could take the cost of borrowing up to a 15 year high. Consumer inflation has come down more than expected
Anna a very good morning, everybody. This is bloomberg daybreak europe. Lets talk about what is in catalonia and what impact that is happening on the markets. The euro down a little bit. Catalan separatist parties taking back control of the regional parliament. A very bad performance by the peoples party. Night for the local opposition. This doesnt necessarily take us any closer to independence, but the spanish Political Drama into used to unfold. Continues to unfold. We will watch for the yields on catalan bonds. The broader equity picture looks positive. A little bit in the asian session. We had some pretty threatened trading. Friday before christmas, fairly thin trading in the asian market. The 10 year yield is unchanged. Recovery. E treasury a little weakness in the yields. Billion, the strongest demand there since august 2012. Some people in the markets looking to protect their portfolio from inflation and perhaps to dual to do with the tax deal. At bitcoin. Oking it has fallen si
So the same line now say little later, no longer 6 00 p. M. We may start to see some strong thunderstorms moving in around 8 00 p. M. Tonight again. Very fluid. Were going say on top of it and bring ut very latest weesm have a lot more later on. And developing in hollywood. A small plane landing. Well, where it probly shouldnt. The plane came down in a rest depp shall neighborhood. Belkeys amazingly it seems at this point no one got seriously hurt. Brandon beyer live on the scene in hollywood with more. Brandon. Reporter and belkeys, craig in a neighborhood in a driveway. Plane literally landed in someones drive why coming just short of the North Perry Airport and as you mentioned, no one injured. Not the pilot. Not the person that was home signed at the time. Ah can see the plane has been toad a waicht just happened moments ago. Hard to believe the pilot walked way. Eye cessna 152 which made an Emergency Landing in a hollywood neighborhood coming up short of of North Perry Airport. It
Now at 6. Smartcars flipped this morning on the kron 4 morning news. New signals bring new hope in the search for the missing malaysian airliner. Well tell you whats just been detected in the ocean. Hear from the 911 emergency dispatcher. Honored for the way he handled the Asiana Airlines crash at sfo. And your personal information under attack. The Internet Security flaw that will make you want to change all of your passwords. The kron 4 morning news starts right now. Good morning. It is wednesday, april 9th. Im james fletcher. Our top story more underwater signals have been detected. In the search for the missing Malaysia Airlines jetliner. Ships rigged with underwater search gear are investigating several deep sea acoustic signals. Which may be coming from the black box of the missing plane. Two signals were picked up yesterday. Crews hope theyre coming from the planes two data recorders. The search teams believe they are searching in the right area but still need to see wreckage be