Billion in the biggest ipo ever. Opec cuts a deal to cut output target. Were live in vienna. China handling request for tariff waivers on soy purchases. Safety first. Uber reports more than 3000 Sexual Assault claims globally last year. The chief legal officer called it a reflection of society. Matt, good morning. Matt im looking at the u. S. 10 year yield, among other things, hovering around 1. 8 . And hell see this flatline for a while today. A lot of times, traders will turn off their algorithms, their Computer Trading programs, right around the jobs announcement and try to get a human advantage for the few moments its possible in these markets. Movehen this number will if we get a shocking jobs number one way or the other. Were looking for 183,000, but the whisper number is only 140,000, so at least bloomberg clients who participate are looking for a lower number. Take a look at the features this morning, what weve got in terms of european futures, as well as u. S. Futures. We do s
Readings in the salyut us there are many things threatening the United States freedom of the press these days hawk watchers from Government Agency infiltration be a retired intelligence and security agents like John Brennan James clapper running around cable news rooms influencing news stories as pundits and experts to major Government Contractors like multibillionaire jeff bezos buying a major news outlet like the Washington Post but those are the show youre more center stage examples theres actually another more insidious major threat to our press these days and its name is wall street and its crushing local newspapers across the country olympia snow smith writes and take on wall street that all over the country private equity and hedge funds have been scooping up these cash strapped papers and looting them into irrelevance or bankruptcy in fact between 20042800 United States lost. More than a 5th of the local newspapers in newsrooms at these local newspapers they lost half of their
Flirting with 2 . Your two year treasury note now at about 1. 5 . Crude oil, we will get that data showing inventory levels expected to rise. Remember, all of the gains we had, nymex crude as well as brent, and saudi arabia come all of the gains are raised. Now we are looking at more of a demandside issue. Keep an eye on the transport side. Down transportation average down 1. 5 percent. We were down more than 2 yesterday. Last week Cantor Fitzgerald recommended folks going on the transportation average, shorting. A lot of people laughed it off. Right now that average down more than 4 . Worst twoday decline we have dowto have had on the transport since december. Guy there are weird things going on in this market, but we are certainly seeing equities spooked by this growth story. The ism and you factoring terday putting the cacs what the market feels is really on edge right now when it comes was a punchy month on the downside for european equities and Global Equities peered what is weird
T america boom bust producer brant job or an r t america correspondent john hardy thank you guys for joining me thank you for the boom bust team for coming out and daniel i want to start mask you actually these big private equity firms like all the global new Media Investment group who are buying up all these local papers all around the country and then slashing and burning them essentially how are they making money off of these scorched earth tactics like why are they even getting involved what whats the prize for them right now its a familiar formula similar to the essentially the same playbook that we saw in the 1980 s. Where people and corporate raiders would find need to stress kompany you know raid it divest it and then just get rid of the body essentially when they were done draining the blood and thats essentially whats happening in a similar way with these newspapers corporate conglomerates like as you mentioned all the acquiring the denver post Gatehouse Media recently acquir
A big problem just dumping on baby does not mean that we need to eat the babies and this is the big. Patrick just starting with you we have about 20 seconds each are we going to see more and more this kind of opposition this resistance to something. I think that what we was devoid of all cost is supposed to rise to a debate about these issues we need to understand both so as of the view as dr spring with us just said but we also need to listen to farmers whose experience who direct experience involving in a Sustainable Way needs to be listened to more than it has been in the polls but no polarized nation and please this is too important and we must get over this computer which is widely held at the moment dr springman. You know i agree we need to talk to each other we need to be respectful with each other and this debate should surely be guided by science if it were to be guided by science you wouldnt have statements like we need to eat our own children i would say because there are go