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Federal investigation now setting sights on a powerful democratic lobbiest. Who he is and why. What happened to those four american soldiers killed in an ambush in niger. Were expecting a News Conference from chairman of the joint chiefs of staff, general Joseph Dunford from the pentagon. Any moment well take you there live. Look at markets. Nicole on floor of new york stock exchange. Well it is almost like we need a little bit of a breather, right, nicole . What are traders saying. They think it is quite okay we have a little bit of a breather. They are impressed we tested thresholds and move...

Of energy. Will he get his weight . Way . Thats what you need to know. Fed decision. Bloombergs Michael Mckee. The lead line today, the fed finally nails Economic Projections except the one that matters, rate hikes. Inflation. What does it mean . Michael it may be the fed last hurrah. Wall street moves from the tempo to the capital and fiscal policy. The fed is going to be moving from what are you going to do in reaction to the economy to what are you going to do in reaction to fiscal policy . Where itmeeting about is. With a chart of inflation and unemployment as a are converging to where the...

Showed him the beg winner. That is not quite accurate. And the media had a field day with trump saying he would not honor results and he had a field day responding to the criticism in trumpian fashion in ohio. Take a listen. To all of the people of the United States that i will totally accept the results of this great and historic president ial election if i win. All right. Well, many in the media were not too happy with that, whether it was Donald Trumps way of saying take a chill pill. I think youre just off the trip, right, kennedy . Yeah. Ive been pretty much driven to the middle of the de...

By keeping Interest Rates down the Federal Reserve, along with other Central Banks, made all sorts of stocks more compelling than they should be. So for those folks that means the oxygen will get sucked out of the casino and we will all suffocate in our stocks. I get this argument. Look, if youve been buying dividend stocks, Getting Better yield than you might find on the bond market then you are indeed losing your principle prop here in the tail wind. Tail wind that allowed the stocks to generate excellent perform thence with bonds offering stingy returns dividend stocks became very attractiv...

Money than we are with not losing money. Lets go right to it. First off, the Federal Reserve must change the debilitating narrative its adopted after that first rate hike in december. I understand their job is not to keep the stock market higher. Theyre goal is not to prop it up. Its to balance growth versus inflation in many categories. Ben burnankes fed spoke with one voice. The fed under janet yellen has left the course since that first rate increase to go to a lock step series of hikes. And that change has been accompanied by a cacophony of fed voices rooting for still higher rates or pooh...