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Quick top Global Business stories of the morning. Mario draghi said he wants to raise inflation as fast as he can. It looks like he has some serious work to do. Here he is at a News Conference in frankfurt. Latest projections indicate lower inflation. Accompanied by weaker geo do to do the growth and subdued economics. The ecb cut his forecast for both inflation and gdp growth through 2016. Draghi says the central bank will gauge the need for further stimulus at the start of next year. Russias president Vladimir Putin took aim at the u. S. And European Union today in his annual state of the nation address he says both impose economic sanctions on russia anyway no matter what happened in ukraine. He said their goal is simply to hurt the russian economy. They may ha ....
Preliminary pmi. Also pmi data out of europe showing growth in manufacturing closed fastest pace since 2011. France improved and german manufacturing the highest in three years. A mixed picture but over the weekend very clearly we saw the idea of a tempered Global Economy and decidedly tempered russian economy. Something we will be able to discuss with Richard Clarida, guest host for the hour as well. Economic data in the u. S. , not a lot to go on. Chicago fed National Activity index. That does not typically move the market a lot but market pmi numbers for the United States at 9 45 p. M. Nine footie 5 00 a. M. Toi know you want to get company news. Herbalife to nominate three additional carl icahn designees to the board. Of course, herbalife has been down i thin ....
i m jim cramer. and welcome to my world. you need to get in the game. these firms are going to go out of business and they re nuts, he s nuts! they know nothing. i always like to say there s a bull market somewhere. mad money. you can t afford to miss it. hey, i m cramer. welcome to mad money. other people want to make friends. yes, i just want to make you money. my job is not just to entertain but to educate. so call me at 800-743-cnbc. over and over again, fabulous news, fabulous news from the united states of america! is being obscured and overblown by worries. like the trouble with greek bonds. greek bonds. it s trouble that only the most sophisticated player, the guys who flip from pounds to dollars to yen to euros actually can or should care about. every morning here in the u.s., every positive development these days is overshadowed by the shroud of athens. and it doesn t stop until the european trading day closes. eventually by mid-morning, we escape the dow ....