Would you spend 1,000 bucks on a phone apples iphone 10 has facial recognition, and well discuss whether the high price tag is worth it and sorry doesnt always cut it shares of ek we fax sinking again today. Sinking again toq todau sinking again todai sinking again todaf sinking again todaa sinking again todax sinking again toda sinking again today something we will ponder coming up later here. But we begin today in washington and the latest push for tax reform kayla touche has a timeline coming from House Speaker paul ryan today bill, well get that in just about ten days thats what texas congressman kevin brady who chairs one of the key committees writing the plan told his colleagues earlier this morning House Speaker paul ryan said that that framework will reflect the broad areas of agreement where the white house, the senate, and the house have all come together, but that any efforts to reach a broader consensus among all republican lawmakers would happen after that this is really t
I am anna edwards. Lets get you the latest on what is happening with the greek story. Lets show you what has been happening on the euro. This is the euro against the dollar. We have seen the rhetoric continuing on both sides. Mario draghi says ball is in greece escort. The finance ministers are planning a Conference Call today ahead of that meeting on thursday. That is something to watch out for. That was surrounding a story in germany that suggested the eurozone ministers are getting closer to coming up with some sort of emergency plan for any grexit situation. As you can see the euro bounced and we are at the 112 mark. That takes us to our twitter question. In terms of following the great twitter story, who should make the next move to resolve the greek crisis . Lets recap the u. S. Markets. European markets were week as a result of the greek news flow and that fit into the u. S. Session. We had manufacturing data out of the u. S. Which missed estimates. We had two days of fed meetin
Whats called an injunction, as you well know, and what that means is that its not a ruling on the case itself, and were going to wait and see how the case is going to come out, and i predict as many legal experts have that the Trump Administration is going to do just fine. And then one other quick point is that the money has to be tied to immigration, and thats where it also gets a little mistranslated. If they turn around and say were not going to give you that hospital grant, that you cant do that. Okay . Its got to be related to immigration. So i need to look at it a little closer. Charles is there federal grant money thats being disbursed distributed to these specifically for immigration . Yes. Charles or can you argue that its all it doesnt matter . In court, im here to report legally that i think and david and i were speaking about this earlier. A, you cant hold the year before that. And obviously, b, it does have to be related to the ice and Immigration Enforcement in order to w
If you go back to say 2013 and consider the until this year, the reasons why inflation was low are not hard to understand its a combination of slack in the labor market, declines in Energy Prices and strong dollar that pulled down import price inflation. So, whats important in determining inflation Going Forward is Inflation Expectations by some by many of professional forecasters those have been rock solid we do also look at Household Expectations which have come down some. Marketbased measures of inflation compensation as we mentioned in the statement, they have declined, and they have been snabl recent months, but they have declined to levels that are low by historical standards. That might suggest that Inflation Expectations have come down, but, when cant get at clear read, there are risk built in to inflation compensation that make it impossible to extract directly with Inflation Expectations are so, you know, there is a miss this year. I cant say i can easily point to a sufficien
Me jim cramer has the market lost its mind isnt it totally insane. After one more good day each of the average ascending to good highs. Nasdaq conveys. 2 ill admit, its kind of nutty, but bull markets are like that in a stampeding bull like this one, the level of optimism can feel border line delusional. Theres a widespread belief that everything works out for the best its really the stuff with novels not reality where the bad works into the good and the negatives turn into positives. Its like the saudi arabsound s mary pop pins. Now you may think its imprudent, capricious and total lilacing in any sort of rigger but what matters is this unreflective bullishness is making a lot of people money im going to lay out some particulars. Put it in a way that you know i like to do it, using stocks to tell the tale. First, theres exhibit a in the plan poe that run. You know which one im talking about, tesla this morning we learned tesla only manufactured 260 model three cars last quarter. Youre