For coverage beginning at 8 00 p. M. Eastern time. Morgan stanley comes up short on Fourth Quarter estimates because of a drop in fixed income trading revenues. Morgan stanley has been shrinking the amount of capital dedicated to its fixed income and commodities division. The imf has made the biggest cut to its Global Growth outlook in three years. The World Economy will now wrote 3. 5 this year down from 3. 8 and i told her. From a sober. From tober. From october. The medium prospects are down. It is squeezing investment. We think this effect is stronger than the price of oil. The one exception and the forecast is the u. S. The fund upgraded its forecast to United States growth to 3. 6 . We might even best market in the world. The numbers are in, 2014 chinese economy grew by the smallest amount in 24 years but it is still at 7. 4 . It would have been worse had the government not added the stimulus efforts like Interest Rate cuts. Those moves help to boost chinese Factory Production an
Changes in fiscal policy will probably be needed. Its not our job to lien those up. Its the job ch congress to decide what policy changes over time might line those lines up. First, please join me in thanking these two guys for such a good [ applause] i also want to remind everybody that all of this and more is on our website. As you know, these events dont happen automatically. Everyone for helping us make this such a success. Im no more certain about what the right answers are, but im a lot more sophisticated about my understanding of uncertainty and i hope the same is true for you. Finally, people on the hutchins advisory committee, marty phillips, others, would like to take a picture. I appreciate it. For the rest of you, thank you very much. [ applause] in about an hour, remarks from donald trump at the Economic Club of washington. Hell discuss the trump brand entrance into the d. C. Business community and his possible political aspirations. See those comments live 7 00 p. M. East
Decision. More importantly, the ecb, they will be issuing their statement a. M. Ecision at 7 45 a. M 7 45 this morning. Cut expect druggie to rate. Draghi to cut rates. We will have Michelle Meyer with us as we see this decision and press conference. Anything goes even what we have seen overseas with the markets. In the meantime, back here in the u. S. , the parade of earnings continues before the bell. Aetna, gm, 20th century fox, and aol. We will pay close attention to aol, because the ceo of the company, tim armstrong, will be on later with us. After the bell, news corporation, linkedin. The olympic guys begin today in sochi. One guy is trading three lightbulbs for a doorknob in his room. Data check. Equities, bonds, currencies and commodities. One screen today. Futures are up nine points. The yield is back up, a good sign. Calming the market at 2. 67. Your wreck euro goes nowhere. Here is what i am looking at ahead of tomorrows jobs report, dollaryen. Weaker yen over the recent mon
BULLHEAD CITY — The Colorado River Union High School District governing board voted to continue insurance coverage through Arizona Risk Retention Trust and Alliance for the coming year, but without
Colorado River Union High School District to look for legal counsel options mohavedailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mohavedailynews.com Daily Mail and Mail on Sunday newspapers.