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55 is a fairly encouraging number for stocks. The Service Number does help sentiment. We are seeing a day of risk aversion to kick off this trading week. We had manufacturing gauge, for example on the weekend, 50 points. So its barely an expansion. You are looking in little bit of a shift from manufacturing to what is already a bigger portion of the economy. I just wanted to mention a few other macro themes today. We are also watching the geopolitical concerns on the weekend. That is driving up the value of the yen. On the yenyou more in just a moment. You are also looking at jgb yields. 10yea...

The wall street journal says the fed has once again scaled back its fed buying program. Rt with president obama president obamas on marijuana. He said it was not more dangerous than alcohol. What is your take on the debate . Republicans, call us at also send us a tweet. You can also join the conversation on facebook. Com cspan. Mail us,also e journal cspan. Org. He said this to the editor in chief of the new yorker the president had more to say in the new yorker, when he went on to say president obama sitting down with the new yorkers editorin chief for a lengthy profile peace and talked about...

Restructuring costs, well be speaking to the ceo in around 30 minutes time. At least two people left dead in ukraine as antigovernment protests escalate. Well spoo well speak to the chairman of the second largest lending bank. And a surprise shakeup at pimco, Mohammed El Erian resigns as ceo as investors are turning from bonds towards stocks. Davos 2014 well and truly kicked off here. We have some brilliant guests coming up at Worldwide Exchange speaking to the r rwe ceo as germany unveils their latest renewables for Renewable Energy. He doesnt pull punches so well be getting his latest though...

Gentlewoman from florida, ms. Washington journal continues. Joining us from pennsylvania this morning, mark zandi, chief economist from moodys analytics. Lets begin with the big picture. You have called 2014 a breakout year. Why . Guest iwe will think we will get more growth, jobs, and unemployment. There are multiple sources of growth, but one key one key factor is the fiscal drag that was part of the sequester last year, it will not be playing as much of a role in 2014. The fact that fiscal policy will not be a drag on the economy to the degree that it has been is a plus. It means more growt...

Hello, welcome. I am mark barton. A warm welcome. Bloomberg reporters are standing by ready to deliver stories for your day. The pressure on fefa to investigate the world cup bid. Hans nichols is in berlin to juncker have a chance of leading the commission. To the mat sat down diplomats sat down in a in an have a ceasefire. The president says he wants an end to the violence by the end of the week. The question is is that actually possible. Its a question i put to the russian president over the weekend. Have a listen to part of our exchange. Not a candidate to any other position. I think it is ...