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Many jobs, the city takes off. The city has done a great job of creating jobs. For the past several years. The other side of that double edged sword is real estate has gone through the roof. The most expensive city in the country to live in. Is, are we going to create economic growth, how will you react that people cannot live here . It is interesting that the workers wanted to live in the city apparently and that is great oh stop great. The people the thing people like about the city is in the way it is. But it has been a diverse city. A city where economically, that is part of it . It is a c...

S p futures up by just over 3. 5. The nasdaq up by 6. 5 points. Also in europe this morning, Philadelphia Fed president Charles Plosser pointing at the weather for a blurry economic forecast. As you pointed out, it has been very noisy. Weve had storm after storm after storm, particularly on the east coast. Its been very difficult to get a decent reading on the economy. I think its important that we sort of take a step back, be patient here, and not overreact to whats going on because we just dont really know for sure yet. The fed beige book yesterday citing the weathers impact on the nations e...

Look to portugal, tenyear rocketed to 4 , was 358 friday as the european indexes there are firmly in the red. Road map begins with the sell off on the globe; jobless claims fall from a week ago, and european worries drag down equities in the u. S. Family dollar profits fall for the third time as Carl Quintanilla icahn continues to push for the sale of the company. Costco, sales flat in premarket despite same store sale numbers strong. Allergan fights back after the bid to take it over. Well hear from the ceo. Third time the charm for bank of america . Reportedly submitting another capital plan...

They started at 3 at the beginning of the year. Anybody looking for rates to go straight up has been completely confounded by this. A lot of different guesses as to why you would see the bond market still in a situation with the tenyear, below 2. 5 . Well talk a lot about that today. Central banks will be in his words, exceedingly on shortterm Interest Rates as markets emerge from the liquidity trap. He made the case for what he is calling the new neutral on cnbc yesterday. I dont think the worlds upside down. I think the world is pricing in and coming to grips with the fact that post the mome...

Target to the federal funds rate will be data dependal. All right. Seems confusing enough. But the bulls do seem happy enough with the fed at least for now. The dow closing at another record. You can see up by about 25 points. The s p rallying back above 2,000. If you take a look at whats happening with the futures this morning, you will see at this point the green arrows continue. About 57 points above fair value. S p futures up about 8 points. Appeared rue, over to you. Thank you, becky. Were going to talk today because it is what were calling alibaba day. The chinese ecommerce giant said to...