Points. Oil is about the only asset thats not participating today. In our road map this morning tech trifecta, amazon, microsoft beating expectations. And jack dorsey taking onethird of twitter shares and dishing them out to employees. Futures up sharply as Chinas Central Bank cut Interest Rates. Lowered by 25 basis points. Reserve requirement reduced by 50 basis points and comes a day after a rally which included a jump in the dow hints of further easing by the ebc. Look the communist mean business they wont let this economy slow that much more. They are trying to change thing. Were getting hints consumer is spending more in china. Chinese stock market, we used to talk about it every singling day, had a nice rally. Europe, draghidraghi. He manages to get the dollar to soar on just talk. Hes the pied piper of higher stock prices. Last night some quarters that are thinning like the new york mets. I talked to mr. October last night. Saw him at a party. The actual mr. October. Daniel murp
All of the new income and wealth is going to the top 1 . Global oversupply means Lower Oil Prices are here to stay. Thats the warning from the russian minister in an exclusive interview with cnbc. One has to get used to it, learn to live with it and to work taking these conditions into account. And we get the keys to the ikea house as the ceo tells how europe can get its swagger back. The picture that we have is that europe certainly is back and maybe the perception is lagging behind a little bit but reality is that were seeing quite good times here. All right. Lets dig deeper into the jp morgan numbers. A disappointing Third Quarter and revenues missing forecasts. Profits were lower in three of the key businesses. Total income rose 22 but this is thanks to one of tax benefit. Jamie dimon said they faced a promising global environment. Now other financials set to report today, bank of america, black rock and wells fargo, theyre out before the bell and citigroup and goldman will release
Going to be in a combat role in iraq. They are there on a temporary getting the population off the mountain. This would be the effort to get them to a safe space. There are a range of ways for doing that. We have made decisions about how to carry out that mission because we want to get the readout from this Assessment Team first. [inaudible] i think it will be quickly, in that are of days. We dont think it is sustainable to have permanent airdrops to the population on the mountain. Some have been able to escape, but again, we want to get options in place to move them to a safer place. There are a range of ways for doing that. Again, we will be cooperating with Kurdish Forces who are also cooperating in the region, other International Partners. Our goal here is to work with iraqis and with International Partners so that these people can get off that mountain to a safer place. Again, we do not believe that that involves u. S. Troops reentering a combat role in iraq , but involves frankly
Possibility that he would decide based on what happens on the ground that in iraq, at least, he might be recommending Ground Troops. U. S. Ground troops. Not the president s prohibition against boots on the ground. The white house scrambling afterwards saying, well, he didnt mean that, that was hypothetical, but then the pentagon saying general dempseys aides saying later in the day, yes, he did mean that, that is a contingency. Thats what generals do. Itll be interesting to see if president obama addresses that disconnect today or ignores it and just speaks more generally about the war against isis. Kristen . Its going to be very interesting, andrea. Well be listening very closely to his words, of course. I just had a conversation with a Senior Administration official about that very point. What you will hear today is the president reiterate his policy, no u. S. Combat forces on the ground. Of course, the administration as you point out has been down playing the remarks by chairman de
Are none. Peace in the middle east. Said soninlaw might make it happen and apparently serious. Begin with breaking news, more eftds that the unlikely prospect of mitt romney becoming secretary of state growing more likely. Sara murray from trump tower. Tell us about the romney team and whether mitt romney is seriously considering this position. The suspense continues with how this will shake out and final decision but we are told that mitt romney is seriously considering the possibility, talking with family and contact between romney and trump worlds. Serious discussion, not just photo op. Best of our knowledge from sources is no offers have been officially made. I think part of that is, youre seeing both sides play it cautious. Mitt romney doesnt want to say hell accept unless the offer is on the table and donald trump doesnt want to make the offer unless its clear hell accept. Might play out. But told by sources hes a leading candidate. Not only one in the mix. Rudy giuliani is still