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Touch and go whether they will rise for a fourth consecutive week. Looking likely. Ivy smallest of margins. The smallest of margins. Bond yields gaining today with your final and cds two columns. A minus number on the bottom half of your screen. Euro is the blue line. This chart is telling us that the euro this and this year is making people less worried about the correlation between the two, the inverse correlation is breaking down. Still a minus, but has come down from a negative five 28. 6 with investors focusing on the Positive Side of the economic story rather than the fact that the strong euro pushes down on inflation. We had gdp data today. The economyyou that ended the difficult year on a stronger note with better than expected gdp data in the Fourth Quarter but the year was a disappointment. This is gdp on a quarterly basis going back to 2003. Rand has been a big subj ....
And ibm. The bloomberg dollar index right now down nearly 1 at session lows. On paper, its worst day since march of last year. This after treasury secretary Steve Mnuchin said in davos that a weak dollar helps us, good for u. S. Trade. We see the dollar down on this following a big down your last year. Lets take a look at the fact that was secretary Steve Mnuchin was talking about. The bloomberg dollar index down nearly 1 , its worst year on record. The dollar index, its worst you last year since 2003. The point we want to make here is when we have declines, they come in clubs of twos. A twoyear decline seems pretty fitting even though it is early in the year. Lets take a look at the big movers of the day. Ge down. 2 . This on the news of the sec probe into the company. Recently announced a charged related to the legacy business. Texas instruments down on earnings. Ual, same de ....