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Stocks have been volatile following the hotter than expected read on inflation weigh negative than positive dow is flat. S p holding on the gains of about ten points doc, did we overreact to that inflation number on cpi . Yes absolutely we overreacted to it. And i know steves got some juice on that, so i wont step on your toes there, steve. But what we did in familiar particular, judge, i think it expoed, we were talking with some port folio managers nancy was talking about that the people that had been in that, judge. We saw a lot of people hitting the market even as we were down 250 points they were hitting volatility selling it and they kepti sellig it and when we reversed and have gone positive, they slammed volatility you dont expect to see that especially the first part with a big surge in downside ak tto see volatility dropping. Rates are moouing up. Yeah, because of the speed. Because of the speed we talked about it over and over again, but you know, the day when we were up in ....
We now given them the tools to go out and win theyre coming back. I believe i brought hundreds of billions of dollars with me. They would never have come in fact, in the opposing party had won the election, you would have had tremendous new rules and regulations put on everything and other things would have happened and instead of going up almost 50 , your stock market would have fwoen down 50 i really believe that. The dhangs to our business tax is expected to raise average Household Income by 4,000 roughly three million workers have already received tax cut bonuses and raises totaling thousands and thousands of dollar per worker. Thats just over the past six weeks alone because of our tax cuts apple is investing 350 billion in the United States theyre bringing 240 billion back they will pay a tax of 38 billion dollars. Theyre going to invest 350 billion therefor billion. W ....
Trumps visit with the pope at the vatican. I think that pope francis is going to meet President Trump, knowing he has the possibility to influence someone who can change history. Sreenivasan all that and more, on tonights pbs newshour. Major funding for the pbs newshour has been provided by bnsf railway. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Sreenivasan britain is raising its Terror Threat level to critical, as Prime Minister theresa may warns that another attack may be imminent. She ordered the military to deploy troops tonight, after the bombing in manchester that killed 22 people. Special correspondent Nata ....
Trumps visit with the pope at the vatican. I think that pope francis is going to meet President Trump, knowing he has the possibility to influence someone who can change history. Sreenivasan all that and more, on tonights pbs newshour. Major funding for the pbs newshour has been provided by bnsf railway. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Sreenivasan britain is raising its Terror Threat level to critical, as Prime Minister theresa may warns that another attack may be imminent. She ordered the military to deploy troops tonight, after the bombing in manchester that killed 22 people. Special correspondent Nata ....
Europe is pretty weak. Ten year yield 223, now the lowest since mid november and gold came close to 1290. Our road map begins with a eye on the financials. Jpmorgan, wells and citi all reporting better earnings than expected. Plus, the new centrist president and about face from President Trump on several key Economic Policy positions. And apples big health bet. Sources tell cnbc that the company has a secret Group Developing a new glucose monitor to treat diabetes. But first up, earnings season is here with a bang. Jpmorgan and wells fargo and citi group out this morning. Citi earnings and revenue came in well above the estimates. Mortgages though remain a trouble spot. Pretty good in trading. Equity yeah. Very quickly, jpmorgan is pretty much what im going to say pretty much perfect. But the stock was up very big. P ....