Page 27 - Basis Point News Today

And even explore what-if scenarios. wheres gate 87? dont get mad. get e*trade and start trading today. welcome back. what should you be watching for when markets open tomorrow morning? cnns christine romans has your "before the bell" report. >> reporter: hi, ana, this week on wall street its all about the fed. policymakers meet to decide on a rate cut. investors are certain its going to happen. wall street puts 0% chance on the federal reserve actually holding rates steady. most predict a quar...

There was something called a maniacal role ceo. there is a ceo where there is a business plan and as an advertising agency or consultancy you work with that business plan first quarter this, second quarter were going to launch this product. then theres the mrc who gets up in the morning, lets say burger king is the client, he says today were not going to sell burgers, were going to sell ice sandwich sandwiches. we sit here every day as everybody does and kind of react to the mrc. there is no log...

Before the committee even met. >> do you even have mitch mcconnell continuing to assert himself, basically saying, yeah, we wont allow the mule to kick us the third time. >> i think you probably do. theres a variety of reasons for that. one of the primary ones, the presidents political stage, measured by public opinion polls for sure, after effects of the mid-terms, the presidents standing with his party is appreciably weakened than the first two years of his term, not to say he doesnt have a st...

Disputes, this dance between the executive branch and legislative branch, you know, are often resolved before you get to a krieps sis point. but its true often these kinds of disputes are resolved in the political arena and not in the courts and so the question is who has the political will, the political power to impose their will on the other branch of government. you know, i think if the president moves forward over the objections of congress, you worry about what damage it does to the relati...

Option that makes sense to you, might there have been a phone call from somebody somewhere that said hey, lets do this? >> the phone call seems to have been between president erdogan of turkey and president trump. there was an announcement last night that the united states had agreed to sell these patriot missiles to turkey for $3.5 billion. frankly, that is chump change when youre talking about something strategic about the iranian presence and other issues related to this. if thats what happen...

Has to be investigated. this continuing. now a year and a third into this administration? >> i think its obvious. the broader issues dont get discussed. but at some point the robert mueller thing comes to an end. at some point later this year i assume, it will be reached and every one of the answer to some questions. maybe then we will move on to the broader questions. >> you ask what the price is, imagine for a moment. elections in the state of ohio or florida cant trust the integrity of its ba...

Has to be investigated. this continuing. now a year and a third into this administration? >> i think its obvious. the broader issues dont get discussed. but at some point the robert mueller thing comes to an end. at some point later this year i assume, it will be reached and every one of the answer to some questions. maybe then we will move on to the broader questions. >> you ask what the price is, imagine for a moment. elections in the state of ohio or florida cant trust the integrity of its ba...

Has to be investigated. this continuing. now a year and a third into this administration? >> i think its obvious. the broader issues dont get discussed. but at some point the robert mueller thing comes to an end. at some point later this year i assume, it will be reached and every one of the answer to some questions. maybe then we will move on to the broader questions. >> you ask what the price is, imagine for a moment. elections in the state of ohio or florida cant trust the integrity of its ba...

And the treasury is also announced in the last week it will issue more debt. this is at the same time the federal reserve is raising interest rates and not buying that debt any more. they are allowing balance -- their bloated balance sheet to shrink. all of that puts upward pressure on rates. >> lets talk about expectations. because so much of investment is expectations. we sort of knew the fed was looking to increase rates, lets call it three times in 2018. generally speaking, a quarter of a pe...

If we go back to the money that donald trump owes deutsch bank, looks like about $300 million, its at a rate thats sort of below prime. 75 basis point below prime. thats fascinating to me. this is somebody, donald trump, so toxic to other banks they wont come up with a price for him to borrow money. they just wont lend it to him. so if deutsch bank is saying were going to lend you this and at a really good rate, theyre not stupid, so what guarantees are they getting from who under what condition...