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Devaluation was confusing. Repeatingeading his claim to china South China Sea. Let us know what you think of our top stories. Follow me on twitter rishaadtv, include trendingbusiness. Shanghai, shenzhen, and hong kong reacting to that u. S. Jobs report. Here is juliet. What a disastrous number for that payrolls number. We are seeing weakness come through from a laser on the open. Singapore opening higher. From malaysia on the open. Singapore opening higher. Most of the weakness coming through from the nikkei 225 as the yen holding near onemonth highs. This is a story of dollar weakness. The likelihood of a june rate hike in response to that jobs number now only 4 , down from 30 . The likelihood of a july hike down from 50 to 27 . Down 1. 4 with the yen holding on to those highs. Australia, up by a third of 1 . Gains from gold players. That shows you how much there is in terms of risk off sentiment. Investors flocked to that safe ....
Airbags. Autonations ceo mike jackson will be with us again today, joining us exclusively to discuss the impact on auto sale, talk about jamie dimons warnings on auto loans. We have a lot to talk with mike jackson about this hour. California, one of the highprofile primaries today. Were going to take you there live to speak with Trump Supporters in the bay area and look at the spending between Hillary Clinton and Bernie Sanders. In the meantime, lets get to our panel today. Rick santelli joins us from chicago. So john, what do you think . Is this rally sort of an all clear rally . A relief rally if you will after Janet Yellens speech yesterday. I dont think were there just yet. This is just another example of our market drifting higher on light vacuum, very light ....
Strategy, the pivot, the military girding of that is largely the u. S. Navy and the central that makes much sense if the navy is stable in size or growing because otherwise you have 60 of a smaller force that may be less than 50 of the old force and if you do the math, sequestration is roughly at the crossover point. In other words, it would force a reduced fleet size if it was to stay over longterm, which would be in the range of lets say 240, 250 ships, maybe less and 60 of that is no improvement. Relative to 50 of where we are today. Which is about 285 ships. Its more or less a watch. If you are trying to send a signal, you have taken the ability away by sequestration. Thats a clear way and a reason im against sequestration. I dont think we need a build up, but a nice, steady, real increase would be, to me, a good thing. Over to you. Thank you. If i had a real good answer for the question, id probably call the secretary of defense this afternoon and let him know, but its a very impo ....
Attack takes place in our own country. This president by the way his former secretary of state let us down in this regard. We will hear from hillary clinton, from an emilys list gala, and we will hear from jeb bush in iowa, speaking at a fundraiser for david young today at 6 30 p. M. Eastern here on cspan. The Senate AppropriationsCommittee Held a hearing on tuesday to review the president s budget request for the Treasury Department. Jack lew and john cost them and discussed why additional spending is being proposed. They also talked about areas like Cyber Security, tax fraud and irs Taxpayer Services in helping Small Businesses. This is ....