Lets start with politics, a subject im usually loathe to talk about, but the election is only eight days away, so lets give it its due. On friday at midday, we learned that fbi director jim comey had decided to examine a whole new bunch of Hillary Clinton emails found as part of a separate investigation to disgrace former congressman anthony weiner. Immediately the entire market took a hit. It was instantaneous. But right after that, a great deal of the market rebounded. Buy, buy, buy. What was that about . Okay. First the market went down sell, sell, sell. On the news because investors dont like uncertainty. For weeks now the markets gotten accustomed to the idea of a Hillary Clinton presidency whether we like it or not. Thats irrelevant. Not a political statement. Just a reflection of what the polls say and how the stock market interprets that information. Why did the market rebound almost immediately . Investors, including the guys at halftime, i think ive got the answer. Anything t
Manus welcome to countdown. 6 00 in the morning here in london. Manus super tuesday. Anna the picture around the asian stock trading session. The chinese data we have weighing on a number of asset classes. It is talk about what is going on in japan. Japan selling 10 year bonds at a negative yield for the first time. Manus this is joining the club. You have the 10 year yields being negative. The Central Banks have gone into negative territory. We are showing the bid to cover them. Level in the demand this auction. The yield going into the negative territory. Volatility is at the highest and the yield curve in japan is the flattest on record. In thes a dramatic shift perception of risk and what to do in the bond market. Anna a lot of talk about whether we will see fiscal stimulus. D. O. T. Boj easing. Let us talk about some of the other risk assets on our radar. We are talking about mental prices. Getting those numbers from glencore. Talking about the copper price. Down around, shy of ha
Latest Monthly Oil Market report today. Theres a weekly u. S. Oil data due at 10 30 eastern time. Ahead of those reports, weve been watching oil prices. Up this hour, you will see holy cow, below 63 a barrel. Down another dollar. 62. 79 a barrel for wti. Weir watching the trickle down impact of dropping crude prices. The u. S. Energy price are cutting its prediction for next years Energy Prices to the lowest level since 2009. 2. 60 a gallon. If that happens, u. S. Drivers will save 100 billion over the course of the year. Andrew. Thank you, becky. We have to talk about some stocks though watch this morning. Earnings at Toll Brothers missing the mark by 2 cents. But revenue beating the street. Were going to talk to an analyst who covers the Home Builders and were going to do that a bit later this hour. Check out yum brands because its cutting its full year earnings forecast. Its expecting a slower than expected recovery in china. Recovery still trying to bounce back from a food safety s
Systems, fedex, a couple of railroads, theyre all listing the transports higher. The index poised for a record close. Were watching that one too. And then watch the nasdaq as well. We also have to tell you that the hacker group, the syrian electronic army, is back at it. Breaking news today, it claims to have hacked president obamas twitter and facebook page. You know, when it comes to things like redirecting sites, etc. , its been hacked, but were watching that story as well. This as twitter is about to go public in the next month. Lets get to facebook. Facebook should be losing some friends in the u. S. , spooking investors ahead of its earnings on wednesday. Nicole petallides is watching that at the New York Stock Exchange. Reporter thats right. I have to tell you were watching the facebook shares today, liz, pulling back some after recently hitting levels, new highs, right, that we hadnt seen. Today pulling back 3 . Theres some concern ahead of their report which will be due out on
Thereve been three reports. One incident resulted in the death of a child according to investigators. Google, intel, and adobe have agreed to pay to settle an antitrust lawsuit. Lawyers are seeking approval of the deal. Thank you. According to a recent Consumer Reports article, talenti was rated one of the best ice creams with less calories than its competitors. Revenue was 2. 5 Million Dollars pre2013, sales soaring to 100 million. Projected to reach sales of 150 million this year. Im joined by the chief executive officer, steve gill. Thank you for being here. You are a hero to the studio. You brought varieties of talenti. Tell us about your involvement with the world of ice cream. Thank you for having me. I joined forces with our founder in 2008. It was a match made in heaven. Josh started a company in 2003 as a single Gelato Company in texas. He had changed into a retail brand being sold regionally. My Business Partner said we were in the process of selling vodka in 2005, and we are