Bloomberg. Governors central bank who may toe the line with the government. The question of Central Bank Independence here. This the first policy decision of the new central bank governor. The government wanted to cut. Thats exactly what they got. The rate to 10 from 10. 5 previously. Lira a stronger turkish because many did expect this move. Other board for you. I arrived in the city of london hours ago. , thanksto the u. S. Open now positive on futures. Dow jones futures up about one point. Here in london, still lower, down by about. 25 . Out, the japanese government 10 year yield, 13 basis points. When i arrived in london this morning, it was remarkable. Yields below 0. 4 on the way out to 40 year that. 40 year debt. David a big story for the markets. We are looking forward to the japanese and centralbank later this month taking more action or not. The European Union earlier today took another shot at u. S. Tech giant google, this time over the companys android software. There has b
That our stock market isnt soaring every day on the news that oil is collapsing . Instead, the entire stock market was falling when oil dipped below 30. We only rallied in the Late Afternoon with the dow rising 118 points. S p gaining and nasdaq, 1. 03 . Oil bounced back from its lows and closed down 3 instead of 5 . As investors held out the usual hope, the market is free to enjoy. With oil at 30, pretty much straight down from june of 2014. You would think we would be dancing in the streets. I can recall bull markets based on the cost of fuel. The combination of a reduction in the price of gasoline to under 2 in your heating bill. Family a 1500 tax cut. The government doesnt have to pay for it later. I know as a proprietor of a restaurant and an inn. A restaurant in brooklyn, this decline is a highly variable cost to my business. A major windfall for 2016. Im thrilled. What a terrific bottom line win out of nowhere. Can you paneling what must be the story in every company that must g
S p gaining and nasdaq, 1. 03 . Oil bounced back from its lows and closed down 3 instead of 5 . As investors held out the usual hope, the market is enjoy. With oil at 30, pretty much straight down from june of 2014. You would think we would be dancing in the streets. I can recall bull markets based on the cost of fuel. The combination of a reduction in the price of gasoline to under 2 in your heating bill. It is like giving every Single Family a 1500 tax cut. The government doesnt have to pay for it later. I know as a proprietor of a restaurant and an inn. A restaurant in brooklyn, this decline is a highly variable a major windfall for 2016. Im thrilled. What a terrific bottom line win out of nowhere. Can you paneling what must be the story in every company that must generate power to make things or businesses that manufacture objects out of plastic that are oilbased. Energy is a principle cost for almost company i follow which makes this a fabulous windfall. How the heck is the crash
And closed down 3 instead of 5 . As investors held out the usual hope, the market is enjoy. With oil at 30, pretty much straight down from june of 2014. You would think we would be dancing in the streets. I can recall bull markets based on the cost of fuel. The combination of a reduction in the price of gasoline to under 2 in your heating bill. It is like giving every Single Family a 1500 tax cut. The government doesnt have to pay for it later. I know as a proprietor of a restaurant and an inn. A restaurant in brooklyn, this decline is a highly variable cost to my business. A major windfall for 2016. Im thrilled. Out of nowhere. Can you paneling what must be the story in every company that must generate power to make things or businesses that manufacture objects out of plastic that are oilbased. Energy is a principle cost for almost company i follow which makes this a fabulous windfall. How the heck is the crash in Oil Producing the opposite impact, bringing down the vast majority of s
Pay for it later. I know as a proprietor of a restaurant and an inn. A restaurant in brooklyn, this decline is a highly variable cost to my business. A major windfall for 2016. Im thrilled. What a terrific bottom line win out of nowhere. Can you paneling what must be the story in every company that must generate power to make things or businesses that manufacture objects out of plastic that are oilbased. Energy is a principle cost for almost company i follow which makes this a fabulous windfall. How the heck is the crash in Oil Producing the opposite impact, bringing down the vast majority of stocks in awe sorts of industries, including those that involve heavy Energy Consumption . How can oil be so in control, so negative . In a typical market, we would be raise estimates for a whole host of companies that use energy. First, whenever something falls this precipitously, even something we as Consumers Want to decline, it sets off warning bells and buzzers for those who manage billions o