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When the options are done, everyone is done. Ready for christmas. Traffic in new york have settled down. James steelewhen will join us, we will talk to him about cold links to other commodities. Larry summers with a terrific blog, i will feature that as my morning mustread. Guy he is pretty concerned about what the fed is up to. Think you very much. What a show we have lined up. If youre sitting at home, maybe wrapping a few presents, this is the show to watch. Tom i havent started shopping, yet. Guy is that why it is so quiet over there, i think you will have an easy run of that. Vonnie i know youre both joking, you just dont want to tell me what you got me. The highranking officer asked that it will take some time for the iraqi forces to retake ramadi. They are in a battle in the center of the city. The capital was seized by the Islamic State last may. Accusing russia of killing hundreds of civilians in syria. They have conducted ....
Look up to what will be an exciting day of Market Makers. Im matt miller happily in for Erik Schatzker today. Are you ready . Are you ready . Im looking forward to it. Lets go to the top Global Business stories of the morning. It has been a wild ride for the ruble today. The russian currency fell to nearly . 80 per dollar for the first time ever. Plunge and that came after Russias Central Bank raised Interest Rates by the most in 16 years. Here is richard haas. You might have thought that raising Interest Rate by more than 6 would be a strong signal to reassure the markets. That has got to be a scary moment when you do something that dramatic and it d ....
The joint Economic Committee, consistent of what we saw from the recent fed statement. She says the economy is starting to improve after the First Quarter as bad weather, but also says a high degree of monetary compensation is needed. Changes that the fed has put in place. She also talks about Financial Stability, addressing concerns about possibly bubble starting to form. To me walk you through what she had to say. She said the firstquarter slowdown was mostly due to transitory factors like the weather. She says many indicators indicating a rebound in spending is underway, putting the overall economy on solid track for growth. She goes on to say labor Market Conditions have improved appreciably but still far from satisfactory. She also talks about the st ....