News from california yesterday and have been. ,olatility is a little elevated and we have got a really negative u. K. Two year yield. We were below japan a little bit early on. Slightly better retail numbers, but i have to say a bleak forecast coming out of the obra. Even the medium one i do not think it was positive. What are we going to be talking about . We will be talking commodities. We will chat oil and a little bit of copper and gold. Francisco blanch will be joining us a little bit on a little bit later on, and he is the head of the Global Commodities research at the bank of america. His dash cam weighing in on those commodities commodities. Fargo, citibank and jp morgan with jp morgan the outperform or. What stood out to you. It was something that one of our guests said earlier, validating the thesis that the strong get stronger, banks like jp morgan can use their skill to build up the dominance. In terms of how the shares are performing it is a mix. Jp morgan all the loan gai
Indicated up about 40 points yesterday, we did see compressed yields higher prices for treasuries 10year at 1. 36 the twoyear at 1. 7 in japan, the nikkei falling over 300 points. The bond market won, so we are going to have our friend on today. He always says it is going to be because of slowing growth. He seems to get a little bit serandipitus about it. Ill give him credit. The slowing growth caused whatever caused the slowing growth gold is up. Stock market ignores things until it doesnt hope depot might help. Stock called sharply higher after reporting better than expected results i got a 242 bid, 242. 50 bid now. Right . 228 is 18 cents above estimates. Whatyou are seeing there does not reflect what we are seeing samestore sales up 5. 2 , which is strong. Consensus is at 4. 8 home depot announced a 10 increase to 1. 50 a share you can figure out the yield will double every seven years. Joining us with immediate reaction, the bottom line beat is big the samestore number is better.
Outraged over this oxford a valley mall santa. Its sunday december 10th, 2017. Mike in for scott this was a stipulation to get me that in this early shes not looking mike want to know if eastbounding gi can get that tshirt i believe it was like pet smart i was going to say, theres a huge market for animal sweaters and stuff. Dont do that. The fcc will not like that one. I have a video of her running around that i show later in the show i thought she hated snow because shes a florida dog, yesterday she seemed to have a different opinion. Well show that video. Yesterday, as we said, brought a snow what was start to the weekend. The winter storm swept the area all day long. Luckily didnt seem to stop people from scrimmaging saturday night. However, the weather did have working long hours into the night clearing major streets and highways, penndot did great job preparing, salting for the roads leaf time, be extremely careful if youre headed this morning. Jenny joyce is live in south jersey
Welcome in this morning. Were live at the mobile World Congress in barcelona. The dow is almost exactly unchanged ahead of a big night for the president tonight. Laying out his plan for the budget, defense spending, reaching 3 growth, something that has not been done since before the recession. Good morning. When you say all of that there is a real legislative log jam building here. You get a sense from the president that he is really wrestling with some of the grim realities of governing in a town that is so deeply divided. Here is what he said about his spending initiatives. I think the money will come from a revved up economy. You look at the numbers were doing, were gdp of a little more than 1 . If i can get that up to 3 or maybe more, we have a whole different ball game. Its a whole different ball game, and thats what were looking to do. He also expressed frustration with the complexity of health care reform. Here is what he said. Health care is a very complex subject. If you do i
Good day, everybody. Welcome to power lunch. Im Tyler Mathisen. Stocks are mixed right now. Very slight gain for the s p 500. A little more for the nasdaq. The dow is off, ever so slightly, by about 6 points. Lets check out oil, getting hit hard with wti trading at its lowest level in a month, off nearly 2 at 51. 15. Melissa . Hi, everybody. Im melissa lee. Adp blowing job expectations out of the water. Announcing 290,000 jobs were added last month, far exceeding the 190,000 expected. Pimco announcing a new Management Structure for its total return etf. Current management remains in place for Pimcos Total Return Fund and President Trump is talking infrastructure at the white house. Later in the day, the president will meet with conservative leaders to Talk Health Care as well. A very busy two hours coming your way. Brian sullivan is with us from houston. Whats on tap . Tyler opened the door and im going to walk right through. He talked about oils decline. Were back in the low 50s, well