And it will cost them millions of dollars. Welcome to Market Makers. I am stephanie ruhle. My partner, Erik Schatzker, will be here shortly. Lets take you to the bulletin the top business stories of the morning. We havent seen the dollar this strong against the euro in almost a dozen years. It is now approaching parity. Earlier today, the euro crashed through the 106 bubble and the dollar is up 11 this year, 22 since last june. The stronger dollar will hold down inflation and consumers will see lower prices on important imported products. Bond guru on the west coast has a message for the fed raise rates at your own risk. Even janet yellen may make the same mistake as counterparts in europe, raising too soon and then having to cut again. In an investor presentation, he also predicted that gold could climb 20 this year, and he says you should not bet against the strong u. S. Dollar. Airlines in the u. S. Are expected to have a great spring break. The trade Group Airlines for america says
Chairman. I have no idea what it is is like now. Think you so much for joining us. Thank you so much for joining us. Chairman mccaul thank you for having me. [applause] [captions Copyright National cable satellite corp. 2015] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] thursday, admiral Michael Rogers talks about Cyber Security. He is the keynote speaker at the sixth annual afcea Cyber Security technology summit. We will bring live coverage of his remarks at 12 15 p. M. Eastern. Coming up the Brookings Institution hosts a discussion on the state of the iran Nuclear Talks. Then a discussion on u. S. Preparedness for a biological or chemical threat. And the former Committee Chair talks about the role of congress and by a defense preparedness. Here are some of our featured programs for this Holiday Weekend on the cspan networks. Saturday at 8 p. M. , former texas state senator and gubernatorial c
Lucy put the football up and Charlie Brown is ready to kick it again he thinks. I thought thats what you meant by here we go again. The fact that every time we come on air it feels like the market has been losing altitude. Today does that become the theme or will we be able to retest these highs, maybe break out above it as art cashin put it earlier, well need a close above that high for the bulls here. You know eventually traders will become impatient enough they will just throw in the towel. Well see what happens here. And well also get a read of the market, economy, and Banking Industry with two heavy hitters on deck. Gord nixon will join us exclusively along with investing legend john calamos. See where he finds investment opportunities. These shocking photographs from one of the richest towns in california, weve obviously blurred a few things. Athert atherton, residents have included meg whit man, eric schmidt. They have been vandalized with antiwealth graffiti on various homes an
For the budget. Before that, we will focus on the proposal, getting your take and drilling down into your numbers. Democrats, 202 5853880. Republicans, 202 5853881. Independents, 202 5853882. Send us a tweet, cspanwj. We can also read your comments on facebook. Com cspan and you can email us at journal cspan. Org. Heres what the president had to say about his budget. [video clip] we have to decide if were are going to make Smart Investments. Our deficits are falling at the fastest rate in 60 years. We have to decide if were going to keep squeezing the middle class or reduce deficits responsibly while taking steps strengthen the middle class. Approach my budget offers. That is why i will fight for this year and in the years to come. Talking about his 3. 9 trillion budget. This is president obamas 2015 budget, it spends too much, borrows too much, and taxes too much. It reflects says americas priorities to create jobs, strengthen the middle class, and build an economy that creates opport
The governor said it was the most devastating storm to hit the island this century, if not in modern history. All of puerto rico is under a flash flood warning. And rescue teams are out looking for people who may be trapped. Maria is now a category 3 hurricane with an eye that spans 30 miles. Imagine that, 30 miles. Its headed right toward the bahamas and turks and Caicos Islands and forecasters say rainfall totals could be the likes of that catastrophic hurricane harvey. Today, the president , who plans to visit puerto rico, says help is on the way. Puerto rico was absolutely obliterated. Their electrical grid is totally destroyed. And so many other things. So were starting the process now, and well work with the governor and the people of puerto rico. And nick paton walsh, Cnn Senior International correspondent, is in san juan with a look at the devastation there. So how is it . Reporter well, pam, actually, just as i was talking the wind has picked up here and weve seen a slight sor