My name is cody i will be introducing tonights guest speaker. A few notes before we get started will be excellent if everyone could silence their cell phones and any other Electronic Devices they may have. We will also be using microphones for tonights q a after the presentation we also have cspan recording so it would be excellent if somebody could use the microphones for any questions they might have so we can have audio track. If you like to purchase a copy of tonight but we have plenty on hand in the front register to be purchased. Tonights guest speaker is chung min lee, author of the hermit king the dangerous game of kim jongun. By tracing the rise of the qing dynasty and illuminating how the families record a brutal control has shaped the current leader motivations goals and choices. Drawing on more than three decades in asian and affairs experience. It shows how quick kims aggressive standoff in world powers has become a crossroads. Whether north korea creates a viable Nuclear
To go around. Crisis, crisis, ladies and gentlemen, thats giving everyone a giant hangover. Well explain as power lunch begins now. Welcome to power lunch. The dow moving lower again today. Take a look. The Dow Jones Industrial arch now, its lower by 34 points and we were roughly 95 points away from the dow 20,000 level. There are still some notable standouts in the broader market. Nvidia, microsoft hitting record highs, melissa. Heres what else is happening at the hour. Freddie mac says the average rate is 4. 3 . Boeing says it delivered its 500 dream liner jet and a major winter storm is closing in on the plains. It could bring blizzard like conditions by christmas day. A busy two hours as we kick it off with a news alert. What were watching, shares of Energy Transfer partners. The big pipeline operator. They are moving higher. The brief spike just about now. On heels of dow jones headline, saying private equity firm blackstone is possibly in talks to take a stake in assets. Not the
Behind the front today, it is a cold wind. It is starting to relax, as expected. Fairly light winds out of the west, but still windy conditions in most of the mountains. Snow showers with the northwesterly flow through north georgia and suburbs of atlanta. Snow showers taking off and starting to concentrate more toward the tennessee line. That will happen through the night tonight. As far as the Winter Weather advisories, that continues until 7 00 in the morning. Another one to four inches of snow possible. Four inches in the west basin slope and the higher elevations. Maybe a dusting in the southeastern part of montford county. Your wake up weather looks like this, lots of sunshine in the upstate. Light winds. 26 degrees in the mountains with still breezy but not as windy. 26 degrees. A look ahead to the weekend him and i will talk about the tornado outbreak we have had over the past week. Michael thank you. Great now hundreds of people are , in the dark in the upstate. Carol in spart
Surprises. Thats how we started with jpmorgan. Premarket, futures, where are we . Points. Res now up 99 the big story in the last 20 minutes, a bit from jpmorgan, and upside surprise. That upside surprises what takes is higher come up by 2. 73 in the premarket. Couple of fx to a pairs for you. Some dollar strengthened the g 10 today. 13 . At wti, the output freeze meeting in the rumor mill and the rumor mill is in full swing. Crime organized profiteers have raided the offices of the Panama Papers law firm. The rainfall is the leak of millions of documents on tax havens set up for wealthy international clients. The attorney general searched other subsidiaries of the firm in panama and the firm has denied any wrongdoing. Some 3500 candidates mine for he 250 parliamentary seats assad said he and his wife cast their votes in the Assad Library in damascus. Vice president is drawing up plans to form a Transitional Government in brazil as dilma allegationsrpens that he is the leader of a coup
Bank of england minutes, then we will go to mark barton for his reaction. What is standing out for you . The boe sees some signs of the Eu Referendum on june 23 is weighing on activity. May causeerendum softening in the first half u. K. Growth. That is interesting. It will react more cautiously to data before the eu vote. That is big. Also, it is considered implications on Monetary Policy. A brexit but may extend a period of uncertainty and have an impact on pound and asset prices. The brexit would likely push down demand in the shortterm. The brexit getting a big mention in todays boe meeting. Last month was the first time the bank of england as a group mentioned the risks of the brexit. Key risk. Is a until it is out of the way, do not rank of a rate hike. Looking at cable, barely higher at 41. 63. I made the discussions, many banks have told employees dont do that. Should the bank of england remain quiet . They want to remain independent, but they have to say some thing. There is a