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Jonathan no time to enjoy that in the markets this morning because it is deep red across equity markets. Equity markets down in europe. 1. 36 on the ftse 100 with a miners leading losses. S p 500 futures negative. Switch of the board to japan. Dollaryen, down by. 9 . Three years and a day since the kuroda experiment began. Yields in germany. You have to go to two decimal places just to get one. To thesis points days where yields were around five basis points. Wti down to 35. 64. What is happening in the markets. Stephanie i want to give you a quick headline crossing twitter. Really getting big and the content game, far fiat beyond 140 characters. They will be streaming thursday night games. Is this the kind of business that yahoo wanted to be in . David facebook was in discussions with this and they decided not to do it. Stephanie yahoo wanted to be in this and but for is a meyer is using a different strategy, needs to up their game, and they are trying to do it on the field thursday n ....
Oneday decline in almost a month. Joe definitely not too dramatic to getting to be a bit more of a selloff. Won a look at the inversion stocks we were looking at today on the new doj. Allergan was off by 15 . The worst performer in the s p. You also have Progressive Waste Solutions and apple. All of these guys are looking for some kind of mergers or inversions that could be stymied by the treasury rolls. Mike mckee has the best that of the day when it comes to allergen, erasing almost 20 billion of market cap in one day , and the treasury trying to save 20 billion over 10 years. They erased it from allegan and are trying to help the Treasury Department get it over 10 years. I love the juxtaposition between those stats. Joe i want to talk about interesting stuff in fixed income, interestrate world. Bund 10 year yields falling to the lowest level in about a ye ....
Expected. A bit of a poll back from where we were in the service industries. 56. 2. The thing you want to see is growth in new orders. They are still strong. Not where they were. They had grown to 55. 4. For fridays jobs report, an encouraging sign. It looks like the Manufacturing Sector is holding. The Service Industry sector is holding. The was economy is a bright spot in the world. The u. S. Economy is a bright spot in the world. Glitzy of this somewhat positive news helped the market find some legs lets see of ee if this somewhat positive news helpeds the market find some legs. Nowhere near the kind of volatility we saw the first four days of consecutive losses since 2003. While equities appear to have stabilized, there is a quick snapshot of whats happening in the dow industrials. That is not the case in treasuries and oil. The 10 year continues to drop lower. Ca ....
Charity is still getting 25,000. Then there were four. One huge hand and bill perkins has taken over the drivers seat in this tournament. Steve kuhn folds, over to jim chanos on the button. 20. He raises it up to 20,000. I like to raise more than i like limping. But with seven big blinds left, i prefer to see him take a page out of steve kuhns book and just go all in. Perkins not considering folding here. Hes trying to decide whether to call or go all in. Maybe its marios seat. Im all in. He does push all in. Thats easy. Its not the easiest call for chanos with his tournament life at risk, but its one he has to make. Right now perkins is a slight favorite. So we go to the flop. The flop is jack, seven, queen. Chanos pulls ahead with a pair of jacks. Understandably. Turn is the 10 of spades, chanos still in front. Perkins needs only an ace. And only an ace. Give him a king. The river is the four of hearts. Chanos wins a huge pot. Just like that takes it from bill perkins. Sometimes you ....