Page 9 - Michael Corbat News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In europe, the dax up 1. 5 the cac up 1. 4 . Ibex up by more than 1 . Looking at the treasury yields the tenyear yield cracking 1. 7. Went out on the day at about 1. 71 the tenyear yield now at 1. 675 tom and i were chatting about a blog post from pimco saying u. S. Nominal yields could go negative dont blame the Central Banks, there are also Secular Forces at play that could bring down u. S. Rates. I think thats what happened overnight. It caught a bid because of that blog post. Thats a big story with pimco, the Largest Bond Fund manager in the world saying rates could go negative, rates coul...

And their currency is under siege. Our problem is a Federal Reserve too proud to admit their mistake of acting too fast and tightening too much and that i was right. They must cut rates bigger and faster and stop the ridiculous quantitative tightening now. Which gets us to the markets this morning, jim. We have been talking about negative rates, they only continued to worsen. It is a strange phenomenon to be sure but it is also a worrisome cycle people believe because you have negative rates that auger for weaker Economic Growth or a lack of growth you have what are it becomes selfreinforcing ...

German defense minister steps down as defense minister ahead of a secret ballot that could cement her as the first female European Commission president. Manus warm welcome to your biggest concern to daybreak europe, and what is your biggest concern, a meltdown or a meltup . This is the msci world index. To bail on stocks. Central banks are giving you a gift, that is their message. More of a risk as equity markets go up, and people dont appreciate that. The question is, do you believe that going into earnings season . The least attractive market for them, the usa, their top calls australia and ...

Steve mnuchin says he may had to beijing of trade talks arent productive. This as europes braces for u. S. Tariffs on 7 billion of goods and legal aircraft subsidies. Trading revenue will be the talking point for Goldman Sachs and jp morgan as they report quarter results. We will hear from the cfo, john shrewsbury. And buyers reprieve. The german companys legal payout over its second round up by 55 million by u. S. Judge. There are some harsh words in that case. He called their behavior reprehensible. Ant to talk about bitcoin everyone has harsh things to say about bitcoin, from President Trum...

Is down by about 46 . If anything is dragging things down, in the nasdaq, tech. Apple analysts have been lowering projections for the iphone x shipments in the First Quarter of next year. What apple is doing, it is falling today. Another report by another aalysts saying there could be misunderstanding about whether or not some of these reports about demand for the iphone x relate to the iphone 8 or the iphone x, both came out in the same cycle. Heat suppliers feeling the microtechnology down 20 . On the flipside, retail doing very well. Upys, nordstrom, up, kohls most 5 . Of the most since jun...