Welcome to the most important hour of the session. We have 59 minutes to go until the closing bell. President obama is pushing for equal pay. Why has it taken this long . We will analyze what the future holds for women in the workplace. Plus russia is getting a downgrade. Will Vladimir Putin not pay hills bills to retaliate against eu and u. S. Sanctions . Matt miller, my cohost again today. Wonderful to have you, as always. Hopefully we will get along today. I think we will. We have the bank stress test, the result of the feds annual to figuren of banks out how they would do in a stressed financial situation. I comes out about an hour and i will have those results. Jpmorgan trading at its highest since 2000 on optimism that the latest round of stress tests will allow some of the banks to start returning more cash to shareholders. Ed is one of the stocks we are watching. Her memory yesterday we learned that microsoft was planning to. Nveil a new office for ipad Morgan Stanley came out
Cyclical names, caterpillar, honeywell. We will dive into that. The 10 year yield is moving, 394 at 4 00 or 5 00 a. M. This morning. The 10 year yield at 4. 07. A lot of move intraday for the treasury market. Down five basis points from yesterdays session. Its not just the bond market. Across the atlantic the ecb is hiking 75 basis points. Its not enough to give a boost to the eurodollar. That is down below parity. Weakness there and strength in the dollar to that end. Strength of the dollar is not weighing on brent crude. Oil is rallying hard, 1. 2 , trading around 96 to the barrel. When it comes to the economy, are we growing given the technical recession is in the Rearview Mirror . Joining us to talk about it is the Bloomberg Economic and policy correspondent michael mckee. Talk to us about the gdp data we got. Michael it is a good news bad news story. The good news is for the first time this year we saw gross in the u. S. Economy with the Third Quarter expanding 2. 6 in the u. S. A
Market Blame Game, Apple, China and Huawei, Intel and GlobalFoundries Heat Up thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.
The Fed's James Bullard Pushes Back Against Wall Street The Federal Reserve has begun to push the market away from the conviction that the second half of