Lets see what happened overnight in asia. The flnikkeiclosed down. Hang seng down by 5 points the shanghai composite up by a third of a percentage point. In europe in some early trading, looks like the dax is up by a third of a percentage point. The cac is up bay half py a half percentage point finally check out crude Oil Prices Crude Oil yesterday down by 1. 4 on some questions about u. S. Supply and also doubts about whether russia is going to be cutting output whether it will stick with that. This morning down 1 couple big stories were watching japans softbank offering to purchase shares of uber at a valuation of only 28 billio 4 . Thats a huge drop of the most recent valuation of 68 billion. Ubers board approved the investment in october. It would expand the board and cut the influence of founder travis kalanick. Big question about whether people will tend near this offer. The consortium is led by softbank, and they plan to take a stake of 14 in uber if they dont get it at this pri
Percent. European a equities, big story was the big rise in the euro last week. And green across the board and there the euro i know you watch it closely. I had in my plans and forecast for 2017 that the dollar was going to get stronger forever and hurt exports and Everything Else and i need to recalibrate. Dollar down by 5. 6 lead story in the journal. And taking a check on crude oil that must mean that crude is at about 100, right . No, wait you would think it is soenl easonally strong su period also. I left at about 2. 15 and its back exactly a staggering move in the ten year last week so something happened every central bank said get ready. So you have 15 basis points on on the ten year. I dont believe the bermuda central banker said that is that the 13th branch of the fed . Right my biggest concern is i cant believe the ocean can be so clear and so aqua and the beaches so incredible. Yeah so im trying to deal this morning. Some of these things are important i think, but not everyt
He, in turn, is attacking hillary. The vermont senator is within two points of Hillary Clinton just fife days before the golden states primary. All this as donald trump reacts to hillarys jabs and takes a few of his own at president obama who joined the debate yesterday. California democratic congressman John Garamendi is a member of the Armed Services committee. He will assess the strengths and weaknesses of what Hillary Clinton puts out as her policy pitch. General bob scales on what both candidates are missing when it comes to the biggest threat this nation faces. Plus, in the last two hours, another scare in the air. Bomb threats, long tsa lines and on top of that, the airlines, as you know, have pulled out of venezuela. Kenny dick to have has a problem, hes the founder and ceo of wheels up. Hes with us exclusively, and he has created a private jet travel company. Easier for the masses, beyond the 1 . On wall street, the bears had it this morning, but now the bulls are running the
The dax in germany, up 2 . The cac up by 2. 5 . The ftse up by over 1 . Greece is the lone decliner here, but they have their own issues. U. S. Equities are coming off their best day of the year yesterday. The vix dropping 18 just on yesterday alone. That socalled fear gauge, its the biggest drop of 2014 for us. Among the catalysts and bulls charged with the fed decision to sound much more dovish than anyone expected. Also, falling oil prices. In fact, things stabilized a bit yesterday. Oil moved higher yesterday and that did help out some of the Energy Sector stocks in particular. Lets listen in to janet yellen talking about the Central Banks pledge to be patient on rates. The number of Committee Participants have indicated that in their view conditions could be appropriate by the middle of next year. But there is no preset time and there are a range of views as to when the appropriate conditions will likely fall in place. So that is something we will be watching closely as the year u
The house subcommittee on oversight and investments. Chairman tim murphy will join us on a preview of that hearing. Watching for this one, amazon for the past week, touting this mystery launch today featuring an announcement by the ceo jeff besozs. The scuttlebutt is it includes this famous 3d screen. We think we know what a 3d screen would be, but youre not wearing the glasses. Who knows what it is. Were going to talk about the prospects for amazon. We will talk with mark mahaney at 6 50 eastern time. The screen is so small. We have two tvs that are supposed to be 3d. We even have the glasses. Does it work . If you wear the glasses. We had two movie nights in our house where we all wore the glasses. We had friends over. We tried to do the whole thing and watched avatar. You had enough glasses . We bought extra glasses. What is the bottom line . It was like why are we doing this . We all looked goofy. And thats a 50 incher, probably . Yeah, about. So what do you look at in 3d on this l