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The fed decision is coming today. A decision that has already been made by this point. Right. Any visurprises today . The market is discounted fully. The real issue is what the chair says in her press conference. It will either be a nonissue because its already discounted or whatever she says in terms of the future path and the key operative words are slow and gradual. Do they change from that or not . Well see. If you are sitting in the room today or you have been advising or around the table over the last several days, put into context what the trump rally means to that conversation. Thats a great question because weve seen rates come up. It started after brexit. Remember, the tenyear treasury was at 136. 6. Thats the lowest since hamilton. Not the musical. The real guy. The british rate. Things started to rise. It was at 188 before the election. Im talking about the tenyear treasury, and now its up bobbing its head. Whats interesting is that weve seen equities rise against that back ....
That this week. More ups and downs so get ready for it. So for your headlines, skies partly to mostly cloudy. It feels like winter for a change around here. Increasing clouds this afternoon. Most of us will be dry today except for maybe out in the valley, but boy is march ever going to come in like a lion. Wednesday is march 1st. Well be back in the mid and upper 30s and there may be a chance for Severe Weather on wednesday as well. More about today though, lets go over to sheena. This is the morning where you do need a warm jacket. We have areas in the 20s to start off your monday. 26 dulles. 30 gaithersburg. Frederick is at 25 driegrees rit now. So if youre in the d. C. Area, the temperatures are a little bit milder but much of the area still feeling like winter this morning. 7 00 a. M. , 36 degrees. Into the upper 50s. Tomorrow we bring that rain chance back. Lets look at the roads this morning with melissa. 295 at benning road ....
Because the fed has spoken, and the fed did its best to do exactly what most people want except for the bears. Hence the rally with the dow gaining 113 points, s p gaining 0. 84 , nasdaq advancing 0. 74 . You may have heard a ton of verbiage today about what the fed or didnt do. It kept in the word gradual when it talked about future rate hikes, took out the word only, forecasting two more hikes making three for the year which is not surprising. In short, the fed basically did exactly what they said they would do, and without a surprise, the market soared. Hallelujah. So why does the market rally on a nonnews event . If an tornado entity like the fed simply does what people expect, why the heck is that greeted as positive by both the stock market and in some ways more important the bond market where Interest Rates went down, down hard . Nah, thats the wrong way to look at it, people. What happened today is the fed didnt surprise a ....
T no incidents to report. I did see an ambulance go through and maybe they were trying to get through and get somebody transported to the hospital there, so i dont think we have anything blocking but we are definitely soggy and thats slowing down as the volumes pick up. Drve times coming up in less than ten. Major u. S. Airlines are changing the way they do business in the wake of the united controversy last week. It could mean more money in their pocket if they change your seat. Tiffany wilson at sfo this morning with details. Good morning, tiffany. Reporter good morning. Three major carriers, delta, united and american changing their policies after this confrontation last week. You can see a man being dragged off of an overbooked flight. Again, three airlines have responded. American now guarantees if you are onboard a flight you cannot get removed for somebody else to take your seat. United requires employees to book a seat at least an hour before takeoff, and the big one, this is d ....