For a Television Network called fuse tv. They will pay 200 million to buy the channel owned by Madison Square garden. Investors and economists will be waiting for todays payroll reports to see if the winter impact is finally ebbing. Mike mckee has more. We will call it groundhog day for the economy. Will the shadow of the long winter finally go away . We werergue about averaging 200,000 jobs a month. Then we dropped off after october. There was something going on. It probably had a lot to do with the weather. We are still quite cold in midmarch when they took the survey. Better than it was in february. We have had better data. We saw the Auto Industry report of best sales since may o 2007. We will see an increase of 200,000. There was another area, hours worked, where we were studied for a long time. About whena week for he seven months. Then, down the drain. That should come back as well. Another sign that things are getting a bit better. This will be the first jobs data that we get a
Go see it. Arent you captain america . Only because i have the a. Be entering the cinema this weekend . Captainttend america. It is a bull market. We will talk about that in a moment. The euro a little weaker off the druggie festivities yesterday. Festivities yesterday. On to the next screen. That dow. It is twoline friday. Heres the Unemployment Rate, the white line. Better, better, better. We have the equity markets. Im not suggesting a tight correlation, but notice where they cross. As thehe equities Unemployment Rate goes down. It may be a theme for the Second Quarter of 2014. Our theme is there is no news. We scour the papers allege everywhere, and there are some important stories. Heres the front page. We are china look ahead. When we talk about the banks, it looks like they wrapped up a pretty weak first quarter. Ask jpmorgan next friday . All of the Bank Earnings. Jpmorgan back in february said trading revenue was on pace to talk about 15 from last year. Trading revenue and mor