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What a day they are having with the latest from the president s visit in havana. We have a billionaire hospitality mogul to discuss whether he is eyeing that country as a place to expand. I hope he saw the News Conference with raul castro a short time ago. Speaking of News Conferences, breaking news out of washington. Donald trump is holding one of his own. Lets have a listen. Certainly should be careful with third party stuff. If trump gets it well start a third party. A third party means the democrats will win, almost certainly. You cant be that spiteful. You cant be that spiteful. Youll destroy the country. Third party would destroy the country. Im going to be ive already shown it to a lot of people and a lot of people like a little bit worried about which judges. I want a very were going to have a conservative, very good group of judges. Im going to submit a list of jus ....
Its official, halliburton buying baker hughes for about 35 billion, and weve got more on activists and the fight for allergan. Forget wasting time at work. Menlo park reportedly developing facebook for your office . Moving in on google, microsoft and linked ins turf, down 3 in the free market. Numbers inside japans recession, gdp down 1. 6 following contraction of 7. 3 in the prior quarter. This week japanese Prime Minister abe expected to announce delaying plans to race the countrys sales tax and call for parliamentary elections in december. Estimate was 2. 2, to the upside. No one expected this to happen. Now a bunch of policy decisions to make. Do you suspend sales tax . This felt like 1937 in our country where they thought, you know, weve done enough to make it so were coming out of the great depression, lets start raising taxes, be more conservative. There are a lot of people saying that, you know what, this was just being pr ....
Warrant an increase in the target federal funds rate for at least the next couple meetings. Cory yellen also strongly criticized congressional efforts toward monetary policies say it would put aside the process the politicize the process. David kelly jpmorgan chief global strategist is not optimistic about the outlook. Correct given the state of the grexit given the state of the Greek Economy and the strategy in the last few years, bring greece along long enough for the rest of the periphery and the european economy to get healthy and for the european banks to get healthy. And we are moving a good deal along that road right now. Cory meanwhile, Christine Lagarde and ecb president mario draghi both say that more is needed more strength is need for great reforms. Ukraine accuses the progression rebels of using the truce to reinforce other lines of attack on the ukrainian troo ....
The fomc is it that it can begin to normalize policy means that it is unlikely the Economic Conditions will warrant an increase in the target federal funds rate for at least the next couple meetings. Cory yellen also strongly criticized congressional efforts toward monetary policies say it would politicize the process. Cory meanwhile, Christine Lagarde and ecb president mario draghi both say that more strength is needed for great reforms. President obama has vetoed a bill approving the production of the keystone pipeline. The senate will vote to override it the veto. Votes are needed to override in both houses. The pipeline would go through oklahoma, and nebraska. The fbi is offering a reward for the fugitives related to the hacking. He is the hacker known for the game over zeus virus that got over 100 million from victims. Olbermann has been it taken off air from ees ....
American airline shares up added to the s p at the end of the week. Well hear from ceo doug parker. Apple reportedly in talks with programmers about plans to launch Online Tv Service this fall. The end of an era, microsoft reportedly dropping the Internet Explorer brand. First up futures falling amid a slide in february housing results as the fed gets ready to kick off the meeting. Its the biggest miss on starts according to the spoke since 07. Holy cow. Hard to build a house in february. We were among the weakest countries in the world during the month of february. Its funny what the feds going to doen they look at february building homes fewer when we had half as many people in the country, household formation not good, rents going up. Its worrisome. Its worrisome. You cant lose housing. Housing punches above its weight as john stupmf would tell you. Looking past it . ....