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CNBC Squawk Box October 14, 2013 - Vimarsana News

CNBC Squawk Box October 14, 2013

Im not going to vote for any plan that will get a majority of republicans in the house. As a result take a look at the futures this morning. You will see that there are some red arrows once again. Dow futures down by 93 points below fair value. The s p futures down by 10 points. Andrew, ill send it over to you. The bond market today not open because of columbus day which may have a little bit of an impact in terms of the odd dynamic between the stock market and what people think is going on. Also reaction this morning to the situation in washington. Imf chief Christine Lagarde shes now warning...

CNBC Squawk On The Street October 15, 2013 - Vimarsana News

CNBC Squawk On The Street October 15, 2013

Reports suggest an agreement on the shutdown is coming along. The 10year right around 2. 71 and europe is up on some of the highest german Economic Confidence numbers in the past three years. Our road map begins with anticipation. Two days from the debt ceiling, day 15 of the shutdown, still no deal on the table. But lawmakers say they are clos closer. A mixed bag of quarterly results. Citi, coke and j j. And blackberry placing an open letter to customers to reassure them, quote, you can continue to count on blackberry. There is some hope of a senate deal. They say theyre getting close to an a...

CNBC Power Lunch October 15, 2013 - Vimarsana News

CNBC Power Lunch October 15, 2013

Traders spent much of the morning waiting for speaker baner to emerge from the meeting with the House Republican s. He same out and said they made no decisions at all. Is it fair to say Speaker Boehner doesnt have the votes to get whatever they have on the table through the house . Yes. The situation is in flux right now and it was surprise because yesterday was all about the Senate Making progress, harry reid and Mitch Mcconnell on a plan that they were going to send to the house and count on the house to pass it. John boehner had a meeting with his caucus, came out, and when he spoke to came...

CNBC Power Lunch October 14, 2013 - Vimarsana News

CNBC Power Lunch October 14, 2013

Business leaders who were really fed up with washingtonp. Were going to hear from them. These are people who have lost money including one Business Owner down about a quarter of a Million Dollars since the shutdown. Were going to give them a chance to speak on our hour and we hope washington will listen. Im going to look at this. How can i be here and there at the same time . You figure that out. The guy by the computer went and showed us where the error actually was in the string of code on those health care things. Hes going to help us analyze the mess that is signing up for obama care. He f...

CNBC Squawk Box October 15, 2013 - Vimarsana News

CNBC Squawk Box October 15, 2013

Last two weeks. The yields on debt that comes due in one month have risen to levels higher than yields for maturity thats dont secure for six months. Thats a big deal because normally an issuer would pay to borrow for longer periods of time. The institutions want to avoid being stuck with debt in the event of a default. Citigroup has told clients it would rather not take treasuries on october 24th as a sign of collateral. Andrew, this a sign your money is no good here. Weve got more on the situation in washington in just a few minutes. I dont know if people are going to be taking paengz or not...