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No matter how hard I try, my brain just cannot seem to fully accept the Cubs financial limitations this winter. I look at their existing budget (currently sitting roughly $60 million beneath last year’s total (and $70-$80M beneath the 2016-2018 figures)) and I look at their roster (which features just TWO outfielders and arguably just TWO sure-fire starting pitchers), and I just don’t believe it. I just can’t believe they’re going to spend next-to-nothing for the third straight offseason, and could perhaps even cut salary from here. I know that it’s reportedly true. I know that it’s maybe even likely. But I just can’t believe it. ....
outfront tonight, u.s. markets fall big time. it was a miserable day on wall street. the dow down 389 points. nasdaq and s&p 500 fell by more than 3%. the markets fear gauge sparked it. peter costas, a trader nearly 30 years, what happened today? well, there s a lot of uncertainty in europe. i think when the italian treasuries went over 7%, that scared a lot of people. if you re going to look at it, i am not negative on the market, today was a good day to buy, we will probably have a couple move intermittent dips. people are afraid with italy going through the debt crisis greece went through, people are afraid this will cause another recession in europe. that s the major thing. one-third exports go to europe. if there s a recession, it could impact the u.s. economy more than we have been impacted by what s gone on the last three years. bottom line, even though it is volatile and fear from europe, you think it is a buying opportunity? i think it is a buying oppo ....
Shortly. he s also taking care of our our weather guys are i ming us out with trying to understand the danger of this oil and the efforts to get it off the water. coming up, another story staying in the same part of the country, governor prepares to ditch the grand old party. ....