Been a good week for the markets. If youre long, the markets are rebounding dramatically from the lows that we saw made up almost 60, 70 of the losses that we saw in the s p. European markets have also had what you might expect, a good week also. This morning no exception. Green across the board tenyear yield note has been a focus. Today didnt care down 2. 86. Theres a look at wti back above back above 60 solidly this morning yeah. All right lets get to our roadmap this morning. It does start with the market comeback two weeks since the selling began, and as we just said, stocks have been seeing what was one of the best weeks in years plus, well, the negotiation kind of continues broadcoms response to the meeting with qualcomm or qualcomms response to its meeting with broadcom signaling a deal well, is there one to be done . Were going to give you all the analysis on why thats probably not the case and a busy morning for consumer earnings. Numbers from newell, coke, kraft, campbells so
Now the lowest since november. Our road map begins with the atand the gop on the verge the president and the gop on the verge of a much needed win. Plus apple making the 1 billion bet on manufacturing, launching a new fund to invest in u. S. Jobs. We elle a well tell you what tim cook told jim. Its a big morning on the hill as the house is slated to vote on the Health Reform bill. It would give the president the biggest legislative victory to date. Some gop congressmen have shifted from no to yes after an amendment was added to help cover preexisting conditions. Theyre calling it the upton amendment, jim. The question is, whats the future for the bill, if it does pass the house and the senate and if that happens, does the reflation trade is the path cleared once again . I think it is. I think this would be rather remarkable if they get it through. Just to get it to the senate so they can Start Talking about economics. Because yesterday, the fed issued a statement that was incredibly ha
Its called the stack. Thats the way the stack works. There it is. Look at that. I see whats going on. The yen is weaker. The first time in eight days. You just have to laugh. All these Central Banks trying to hard to intervene. Japan desperately every time the central bank of japan does something, their currency gets stronger, not weaker. Instead of these half measur measures, why dont they pay junk bond yields to people to borrow money . Give them 13 , 14 . How negative can rates go . Can they go to why not inject money directly into peoples accounts . Just pour it in there. I like that. Much more effective at this point. You saw germany. The average yield is now zero. On friday it was 0. 01. They lost that now. Across the board, its zero. Whats the record for now negative . I dont know. You cant get 5 negative, can you . I dont see why not. Its not working though. This is what makes me laugh. Front page, lew urges imf regulators to get tough. Give me a break. Its ironic. Arent you st
How about making a better tesla automobile . Meet the man who retools of the tesla s. All of that and more. First, lets get headlines from carol massar. Amazon has announced they are buying a live video platform for videogame companies called for nearly 1 billion in cash. You might recall they had 55 million unique visitors earlier this year. Tivo is hoping to capture the companies of aereo, offering a new dvr that record over the air content. But has a49. 99 service fee of 14 99 to a month and a oneyear commitment. They can capture recorded content. After theshot up 26 maker bought the company for 8. 3 billion. They make a drug that has not yet been approved but shows promise as potentially the first drug for diseases. Back to you. Loony . Burger king gone they want to acquire the canadian donut and coffee giant tim hortons. If you mean the king that makes its headquarters in canada where the Corporate Tax rates are lower than the u. S. I am joined by Greg Giannone up. Cecraigjia mona
Expensive. Meet the man who retools the tesla model s. All of that and more. First, lets get headlines from carol massar. Amazon has announced it is buying a live video platform for gamers the company is called twitch interactive for nearly 1 billion in cash. Making the largest acquistion ever for amazon. You might recall twitch had 55 million unique visitors earlier this year. Tivo is hoping to capture the customers of aereo, offering a new dvr that records over the air content. The dvr costs 49. 99 but has a service fee of 14. 99 a month and a oneyear commitment. Consumers can capture recorded content through inhome devices. Shares of intermune shot up 22 after the drugmaker roche bought the company for 8. 3 billion. Intermune makes a drug that has not yet been approved but shows promise as potentially the first drug for a rare lung disease. Back to you. Thank you. Has burger king gone loony . Sort of. They want to acquire the canadian donut and coffee giant, tim hortons. It could me