the federal reserve knowledge that the u.s. economy is continuing the past of grows and they did change the tone slightly from moderates to solid solid growth when it comes to the job market when it comes to overall growth when it comes to consumer spending and old so business investment still no changes in interest rates but that was expected we might see the next interest rate increase at the next meeting march twentieth and twenty first so it was not that eventful the last meeting of the general yellen and the future is a bit uncertain because not just janet yellen but also two other senior members of the federal reserve will leave the fed and the new team actually will be the least experienced probably in decades so the next meeting the first time under might be a bit more exciting than what we saw here on wednesday all right now all eyes only is wrong the state of the union address it was the third longest in history question as to animate the markets open for them. gross gross gross jobs jobs jobs that was one of the key

u.s. federal reserve places rough restrictions on the banks we'll get into that with eric reimer now let's check out some of the stories topping today's headlines. on friday the dow jones industrial average plummeted six hundred sixty six points abets not an ominous number then yesterday making friday seem like child's play we witnessed the largest point drop ever ever amongst the dow industrials a drop of over eleven hundred points for those in the u.s. watching and wondering in real time why the boom bust team was it sure seemed like panic selling as the market had dropped from five hundred points down to sixteen hundred points in seemingly no time at all it has been and may continue to be a monumental market moment in history r.t. correspondent trinity chavez has more from wall street smart there's a lot of free. nerves here on wall street as a global stock bluntschli volatility and it play yesterday we had that stingel biggest one day drop on the dow jones on friday the dow opened about twenty five thousand this morning in the low twenty three thousand knapsack fell almost four percent

u.s. federal reserve and individual states. japan's steel industry said on monday that the a proposal by the u.s. department of commerce to president donald trump would impose curbs on steel imports and that it violates the principles of free trade for more we're joined by r.t. correspondent dan cowen dan thanks for being here so what's the latest on on these on these still import potential quotas good to be with you bart the japanese steel industry is up in arms over the commerce secretary wilbur ross his recommendations to the trump administration to curb the import of steel and aluminum from not only japan but also china vietnam venezuela these would be implemented through tariffs and import quotas on japan the japanese iron and steel federation chairman coast said tariffs are a violation of the principles of free trade and of course japan is a major trading partner of the u.s. very important one there is opposition in the us in the republican party from trump's very own party that tariffs could actually have a negative impac

u.s. federal reserve and individual states. japan's deal industry said on monday that the a proposal by the u.s. department of commerce to president donald trump would impose curbs on steel imports and that it violates the principles of free trade for more we're joined by r.t. correspondent dan cowen dan thanks for being here so what's the latest on on these on these still import potential quotas good to be with you bart the japanese steel industry is up in arms over the commerce secretary wilbur ross his recommendations to the trump administration to curb the import of steel and aluminum from not only japan but also china vietnam venezuela these would be implemented through tariffs and import quotas on japan and the japanese iron in steel federation chairman coast said tariffs are a violation of the principles of free trade and of course japan is a major trading partner of the u.s. very important one there is opposition in the u.s. in the republican party from trump's very own party the tariffs could actually have a negative im

u.s. federal reserve left the benchmark interest rate unchanged after its first policy meeting of twenty eighteen but said it expects inflation to move up this year and a possible signal of faster rate increases ahead the meeting was the last headed by federal janet yellen and she's due to step down when the term expires at the end of the week yellen was the first woman to head to federal reserve and she took up the post and february twenty fourth teen she will be succeeded by general pop. as being hailed as a landmark vote by conservationists after trying out now hong kong is banning the sale of ivory that's one of the biggest markets in the world and has direct links to commercial scale elephant poaching in africa potentially a big step to save the great giants. a colorful crowd of anti ivory protesters had gathered outside to welcome the decision that under the new law the maximum penalty for selling ivory is ten million hong kong dollars and around one million euros on top of that the offense carries ten years in prison. the world wide fund for nature welcomed the vote but said that the fight

the federal reserve a good knowledge that the u.s. economy is continuing the past of grows and they did change the tone slightly from moderates to solid solid growth when it comes to the job market when it comes to overall growth when it comes to consumer spending and old so business investment still no changes in interest rates but that was expected we might see the next interest rate increase at the next meeting march twentieth and twenty first so it was not that eventful the last meeting of janet yellen and the future is a bit uncertain because not just janet yellen but also two other senior members of the federal reserve will leave the fed and the new team actually will be the least experience probably in decades the next meeting the first time under might be a bit more exciting than what we saw here on wednesday all right now all eyes only is wrong the state of the union address it was the third longest in history question as to animate the markets open for them. grows grows grows jobs jobs jobs that was one of the key messages f

u.s. federal reserve wanted to be around 2%, the sign of a healthy economy.inflation reached that level over a year ago, the fed began slowly raising interest rates in an effort to calm price rises. an unexpected jump in inflation could now force them to change that policy. and increase interest rates more quickly. that is what investors are afraid of. they have become used to cheap loans. is at ainance road crossroads. theher factor adding to uncertainty? jerome powell. he replaced janet yellen elier this month as head of the federal reserve, and is yet to outline his vision of a sustainable, prosperous u.s. economy. the marketsk at how are trading ahead of that. european shares up as we wait that news to come out of the united date. retail stocks seeing some gains. ch the markets like share connections to valentine's day, so that is helping. lvmh, which owns both louis vuitton and a champagne company is up 2.1% in paris. we also have nestle and lindt trading up as well. torn between the chocolate and the champagne -- which way to go? and not such a good day

u.s. federal reserve gets its new chair monday.ome powell will be officially sworn in after taking over from outgoing chair yellen. weaealthiest chair of the fed. a deal witheached french authorities to pay 200 million euros in back taxes. in 2012, france demanded the e-commerce giant pay. agreed to report all french income locally in the future. ryanair says its net profits rose 12% in the last three months, despite a scheduling crisis that saw thousands of flights canceled in the fall. it warned monday that staff disruptions could continue as it recognizes organized labor unions in countries it serves. >> the super bowl is a big business -- maybe a bit too big of a business for veterans with credit card debt. >> a personal finance site found that a trip to the game would if youound $11,500 -- put it on a cut regard and paid it monthly, that trip would take 17 years to pay off. ifricans would -- were asked they would go to "pay off the debt -- more than 80% would skip the game and pay the card. >> thank you peavy move away from th

u.s. federal reserve right yes and no because of course the fed acts on what's happening in the economy so they have to react to what's happening that they don't dictate the economy of course however it's very important that they get the timing right and the extent of interest rate rises right because they don't want to alarm the markets now for those who want really sure what it means when you increase interest rates it makes borrowing more expensive so companies find it difficult to always more expensive to borrow and invest that money and that impacts impacts on the air of cheap money maybe over a question about that before we run out of time is this a a correction that we have heard that has been predicted or is this the correction that is long over due yes yes or no is it the correction that's long overdue. the correction is certainly overdue and we were just waiting for some kind of a trigger that came from the market but i have to repeat again the speeds and the volatility that we seeing right now that is breathtaking and shows that maybe something fundamental is off in the way how

chair janet yellen who is completing her four year term federal reserve governor jay powell was selected by president trump to replace yellen and the u.s. senate as confirmed him to be the new chair there are a lot of questions about what will take place not only now but in the year to come with the federal reserve and the economy plus other central banks are charting their own courses while they stick to their plans amidst some of the signals and signs that an economic correction is on the horizon we'll get into it now with danielle de martino booth the president of money strong danielle thanks for being with us again given the president's speech last night proclaiming a quote great economy do you think the f.o. wimsey members are a little worried with some of the recent economic data like the lowest savings rate in a decade and some other data point that the economy may be a little overheated. you know i think that jay powell might be happy that he has seven weeks instead of the usual six weeks to prepare for his for his debut f o m c meeting and potentially that first press conference that bernanke instituted because there is a lot

chair janet yellen who is completing her four year term federal reserve governor jay powell was selected by president trump to replace yellen and the u.s. senate as confirmed him to be the new chair there are a lot of questions about what will take place not only now but in the year to come with the federal reserve and the economy plus other central banks are charting their own courses while they stick to their plans amidst some of the signals and signs that an economic correction is on the horizon we'll get into it now with daniele de martino both the president of money strong danielle thanks for being with us again given the president's speech last night for claiming a quote great economy do you think the effort whimsy members are a little worried with some of the recent economic data like the lowest savings rate in a decade and some other data point that the economy may be a little overheated. you know i think that jay powell might be happy that he has seven weeks instead of the usual six weeks to prepare for his for his debut at the mc meeting and potentially that first press conference that bernanke instituted because there is a l

u.s. federal reserve which has and this is part of it in foresman action barred the bank from the growing past one point nine five trillion dollars in assets as one analyst said the fed just put the fear of god in the bank board rooms across the country we'll have more wells fargo tomorrow with eric reimer who has written about this strange set of circumstances and be sure to catch boom bust on you tube youtube dot com slash boom bust r t catch you next time. a little bit of hard sell you on the idea that dropping bombs brings police to the chicken hawks forcing you to fight the battles that. the new socks try to tell you that the beach gossip a template for. one of my eyes and tell me you are not cool enough like they're proud. of the hawks that we along. with one. the u.s. is losing into a summer on the climate denying is precluding them from the dissipating in this new economy number one and number two the effects of the climate change and why the catastrophes the global you know migrants that are the result of it all these other problems are hurting the u.s. economy on the other side

chair janet yellen who is completing her four year term federal reserve governor jay powell was selected by president trump to replace yellen and the u.s. senate as confirmed him to be the new chair there are a lot of questions about what will take place not only now but in the year to come with the federal reserve and the economy plus other central banks are charting their own courses while they stick to their plans amidst some of the signals and signs that an economic correction is on the horizon we'll get into it now with daniele de martino both the president of money strong danielle thanks for being with us again given the president's speech last night proclaiming a quote great economy do you think the effort whimsy members are a little worried with some of the recent economic data like the lowest savings rate in a decade and some other data point that the economy may be a little overheated. you know i think that jay powell might be happy that he has seven weeks instead of the usual six weeks to prepare for his for his debut f o m c meeting and potentially that first press conference that bernanke instituted because there is a lot

u.s. federal reserve places rough restrictions on the banks we'll get into that with eric rohmer now let's check out some of the stories topping today's headlines. on friday the dow jones industrial average plummeted six hundred sixty six points abets not an ominous number then yesterday making friday seem like child's play we witnessed the largest point drop ever ever amongst the dow industrials a drop of over eleven hundred points for those in the u.s. watching and wondering in real time why the boom bust team was it sure seemed like panic selling as the market had dropped from five hundred points down to sixteen hundred points in seemingly no time at all it has been and may continue to be a monumental market moment in history r.t. correspondent trinity chavez has more from wall street mark there's a lot of frayed nerves here on wall street as a global stock slump leaves volatility and it's way yesterday we had this thing gold biggest one day drop on the dow jones on friday the dow opened above twenty five thousand this morning it dipped below twenty three thousand nasdaq fell almost fou

u.s. federal reserve meets to consider raising interest rates in march we'll keep an eye on it. and gold has gained closing up two point one percent yesterday to one thousand three hundred thirty five dollars in trading at comix the commodity exchange in new york that's the largest percentage gain in gold in almost a year. p n b that's the point job national bank one of india's largest financial institutions has uncovered more than one point eight billion dollars in fraudulently pavements made to a select group of account holders by a single branch in mumbai in reaction investors pulled out of the bank's stock which dropped it tanked it actually more than ten percent reducing the value of pm b. from seven point six billion dollars to five point five billion dollars and capitalization the incident is being investigated although it appears to have had some contagion effect as other shares of indian banks such as the bank of india and the state bank of india also lost eight and four point six percent respectively. here's a number data point for area sixty five million if you caught

u.s. federal reserve which has and this is part of it in force main action barred the bank from the growing past one point nine five trillion dollars in assets as one analyst said the fed just put the fear of god into bank board rooms across the country we'll have more wells fargo tomorrow with erik reiber who has written about this strange set of circumstances and be sure to catch boom bust on you tube you tube dot com slash boom bust r.t. catch you next time. the u.s. is losing into a summer on the climate denying is precluding them from the dissipating in this new economy number one and number two the effects of climate change and why the catastrophes the global you know my current set are the result of it all this other problems are hurting the u.s. economy on the other side of the trade so you've got a double bind. seemed wrong. why don't we just don't hold. me to these yet to stamp out these days to come to capital and in detroit because the trail. when something find themselves worlds apart we choose to look for common ground. i'm here. i'm here. a man who fought many great. in the g

u.s. federal reserve has weighed in taking an action which one commenter said is putting the fear of god in board and bank board rooms here discusses eric reimer a former f.c.c. official and policy commentator eric thank you for being being with us first of all tell us what you make of their their entire sort of nefarious actions give our viewers what wells fargo has done over the last three years to put them in this problematic circumstance and it's a very multifaceted problem basically it back in september two thousand and sixteen the c.f.p. be the o.c.c. and the boss and it's in the attorney.

u.s. federal reserve and individual states. japan's seal industry said on monday that the a proposal by the u.s. department of commerce to president donald trump would impose curbs on steel imports and that it violates the principles of free trade for more we're joined by r.t. correspondent dan cowen dan thanks for being here so what's the latest on on these on these still import potential quotas good to be with you bart the japanese steel industry is up in arms over the commerce secretary wilbur ross his recommendations to the trump administration to curb the import of steel and aluminum from not only japan but also china vietnam venezuela these would be implemented through tariffs and import quotas on japan the japanese iron and steel federation chairman coast said tariffs are a violation of the principles of free trade and of course japan is a major trading partner of the u.s. very important one there is opposition in the u.s. in the republican party from trump's very own party the tariffs could actually have a negative impac

u.s. federal reserve places rough restrictions on the bank we'll get into that with eric reimer now let's check out some of the stories topping today's headlines. on friday the dow jones industrial average plummeted six hundred sixty six points abets not an ominous number then yesterday making friday seem like child's play we witnessed the largest point drop ever ever amongst the dow industrials a drop of over eleven hundred points for those in the u.s. watching and wondering in real time why the boom bust team was it sure seemed like panic. selling as the market had dropped from five hundred points down to sixteen hundred points in seemingly no time at all it has been and may continue to be a monumental market moment in history r.t. correspondent trinity chavez has more from wall street smart there's a lot of frayed nerves here on wall street as the global stock bluntschli volatility in its wake yesterday we had this single biggest one day drop on the dow jones on friday the dow opened up twenty five thousand this morning in the low twenty three thousand nap that fell on the poor percent

u.s. federal reserve took the unusual step of restricting the banks growth until it sufficiently improves its governance and controls. a new study says there may be truly ends of planets beyond our galaxy it's a discovery scientists have been working on for years trinity charges as more scientists have long been unable to find planets outside of our solar system beyond the borders of the milky way because it's so incredibly difficult since these extra galactic galaxies are located some three point eight bill. again light years away they are simply too far to be observed directly not even with the best telescopes that exist but despite all the odds a new study gives the first evidence that exoplanets do exist beyond the milky way using data from nasa shondra x. ray observatory space telescope and with the help of gravitational microlensing astrophysicist at the university of oklahoma say that they found the first evidence that more than a trillion exoplanets could exist beyond our milky way dr ch'ien knew an assistant professor of physics and astronomy at the university and the leader of t

u.s. federal reserve has waited taking an action which one commenter said is putting the fear of god in bank board rooms here discusses eric reimer a former f.c.c. official and policy commentator eric thank you for being with us first of all tell us what you make of their entire sort of nefarious actions give our viewers what wells fargo has done over the last three years to put them in this problematic circumstance and it's a very multifaceted problem basically it back in september two thousand and sixteen . the o.c.c. and the boss and so the attorney revealed that wells fargo for about a decade had been encouraging or at least facilitating its a sales reps to create millions of fake accounts primarily checking accounts saving accounts credit cards for their customers that were not authorized by their customers and essentially disallowed wells fargo to reach sales quotas to drive increased fees and to basically bolster their bottom line that the expense of their customers that also goes on top of several other scandals the past few years that wells fargo has faced ranging from the car loan

u.s. federal reserve, and in the u.k. mark carney is answering questions from parliamentarians. the markets, the fed pointing to three hikes this year. there is a debate around the language could potentially mean that the fed wants to go four. do they want to go four? absolutely. they want to cut interest rates again when income is coming. they are aware that this fiscal boost we see in the u.s. at the top of the business cycle is very risky. they need to create ammunition, and the rhetoric from them will be if the market tanks. guy: things are slowing down. all the evidence points to that. steen: the net lending is slowing down. months behind, still slightly in the momentum of good growth. downll of us are slowing because we are doing no productivity gains, no real investment. whole equity game is about buybacks. the government game is about issuance, the biggest amount of currency they can issue. everybody is preparing for the exit. meanwhile, there are no real reforms anywhere except maybe south africa. we will leave that for the time being. story has been a fascinating one.

u.s. federal reserve could increase interest rates more quickly than previously thought higher interest rates would hurt company and eggs and cause problems in the bond markets have a look at some of the numbers over the last couple of days it started in the u.s. when the dow jones drop more than a thousand points on monday on more than four and a half percent it was the dow's biggest ever decline in a single day and the biggest fall in percentage terms since august twenty levon japan's benchmark nikkei responded with a four point seven three percent drop and hong kong's benchmark hang saying index lost or most five percent well all this comes at a time when the dow and other markets have been trading at near record highs some analysts had been warning that the markets would you a correction of a jew in fact for more on all of this let's talk to gabe and he's on to who is in new york for us so they have been trading for the last half an hour or so a little bit of green which is of it's a good sign tell us what's been happening it. yeah don't let that green fool you this is been a period where

u.s. federal reserve stepped in aggressively during the 2008 crisis with unprecedented measures. beijing is going to operate the same way. ann lee of new york university. thank you all very much for being with us. you here.ve after is set to report the bell. espn worries may be helped with a little bit of help from the force. trailer ns solo disappointing. >> are you disappointing with it? it's a fascinating back story. it.not feeling good about >> i love everything that they actually. as you're coming in today, if don't want to listen to us force, you canhe tune into our colleagues on the 7:00 to 9:00 every day and tim fox joins the at 9:00.ion with tom can be rg surveillance" eard across the united states on x.m. radio. p n markets looking at a potentially ugly open. futures are off. potential 2 at a open.loss in the and other asset classes, talking safe haven bid is. it really seems to be in bonds.n we're seeing now selling pick up the u.s. so you have 2.75% is how we the 10 years, yields move up by four basis points. e still have yields, though, in europe as over the safe hav

u.s. was concern that the federal reserve will raise interest rates. future markets in the u.s.tuated in the hours before the opening bell. dow futures are down right now. next half hour we'll have a live report as the opening bell rings. >>> time now 6:00. we'll take a live look outside. the morning rush is about to start and we have a lot of problems on bay area roads. the toll plaza is completely backed up. look at the bay bridge, and the big problem is 880. >> that's right. we have an accident that's launched the travel times into the red. take a look at

u.s. was concern that the federal reserve will raise interest rates. future markets in the u.s. have fluctuated in the hours before the opening bell. dow futures are down right now. next half hour we'll have a live report as the opening bell rings. >>> time now 6:00. we'll take a live look outside. the morning rush is about to start and we have a lot of problems on bay area roads. the toll plaza is completely backed up. look at the bay bridge, and the big problem is 880. >> that's right. we have an accident that's launched the travel times into the red. take a look at 880 right near the colosseum. the northbound side is backed up, 51 minutes from 238 up towards the maze. that's all due to the accident that has two lanes blocked at 880 and 23rd avenue. the southbound side is slow as well because of the debris from that accident, so expect delays in both directions through oakland. avoid 880 if you can, and use 580 as your alternate. that's moving at the limit. we have a traffic alert still in effect northbound 880 at 23rd avenue through oakland. that's a check on your traffic. >>

as much as the u.s., that is why the federal reserve will hike three or four times this year and thedo nothing but add more money in. >> the s&p 500 down .2 percent now. is it coming off and going back -- our moneyor i'm flows moving around at this point? >> the u.s. stock market has been on a great tear. parts of normalization have gotten ahead of itself. the yield curve, far too flat. inis predicting recession the average earnings have finally moved up. shows the economy is doing extremely well in the states. bondction to where the yields ought to be, it is going to affect your initially but i expect european bond yields to continue to improve. go on. quite how much does the repricing in the u.s. have to do with politics at this point? even as we get a fed chairman and there are questions, how much has to do with rising debt and fresh tax ratings and so forth? >> i think a fair amount. not the whole story but the tax debtms an increase in the burden that will have to be erased, quite well known for a while. two-year yields have been gaining but the 10 year has finally caught up and

u.s. have led to fears of the federal reserve hiking interest rates. this sends investors out of the stock market and into bonds, which benefit from increased interest rates. >> the stock market has gone too far, too fast. it is jujust appropriate to hit the reset button. i think there may be a new norm of having some new some -- some normal volatility. what we have experienced is almost abnormal lack of volatility. georgina: the dow jones on monday lost a third of the games it saw over 2017. the game's seen on the global market in recent times had seemed unstoppable, and with this step, market watchers wonder where it will end. wikileaks founder julian assange could be free to leave the ecuadorian embassy in london for the first time since june 2012, that that will depend on a court decision about to drop over his arrest warrant in the u.k. swedish authorities are no longer pursuing assange in connection to a sexual assault case, that he still faces arrest in britain first skipping bail five years ago. let's go live to our correspondent in london. ben

u.s. government websites the f.b.i. nasa the federal reserve among them stealing huge amounts of data and his extradition had already been approved back in two thousand and sixteen so this appeal is really the last chance saloon his legal team have argued all along that it would be dangerous to extradite him to the u.s. for a number of reasons but mainly because he suffers from ask her just syndrome and he has a depressive illness so he was at a high risk of suicide and they worried that the u.s. incarceration system wouldn't look out for his well being couldn't guarantee his safety essentially many of us all remember the case of gary mckinnon he was wanted in the u.s. for a very similar charges hacking charges he has a similar health condition he has autism back in two thousand and twelve reason may when she was still home secretary managed to block his extradition to the u.s. but since then that law has changed and it's no longer the government that has the power to do this but it is the courts the judges that inside here and this was the fir

u.s. government websites the f.b.i. nasa the federal reserve among them stealing huge amounts of data and his extradition had already been approved back in two thousand and sixteen so this appeal is really the last chance saloon for larry love his legal team have argued all along that it would be dangerous to extradite him to the u.s. for a number of reasons but mainly because he suffers from asperger's syndrome and he has a depressive illness so he was at a high risk of suicide and they worried that the u.s. incarceration system wouldn't look out for his well being couldn't guarantee his safety essentially so very pleased larry love we got. him coming out holding hands with his girlfriend and his family and he was rushing off to a press conference but we managed to catch him for a few words take a listen to what he had to say very trying for. a very long road to the right result. and we we can exercise the sovereignty of a legal justice system if you can have a reasonable expectation that they'll be treated humanely and if they have engaged in

u.s. government websites the f.b.i. nasa the federal reserve among them stealing huge amounts of data and his extradition had already been approved back in two thousand and sixteen saying this appeal was really the last chance saloon for larry love his legal team have argued all along that it would be dangerous to extradite him to the u.s. for a number of reasons but mainly because he suffers from asperger's syndrome and he has a depressive illness so he was at a high risk of suicide and they worried that the u.s. incarceration system wouldn't look out for. his wellbeing couldn't guarantee his safety essentially so very pleased we got. him coming out holding hands with his girlfriend and his family and he was rushing off to a press conference but we managed to catch him for a few words take a listen to what he had to say. and very trying for. a very long. week we can exercise the sovereignty of our legal justice system he can have a reasonable expectation that they'll be treated humanely and if they have engaged in criminal behavior that they w

therefore to try to keep prices higher watch the dollar the federal reserve and u.s.reasury department will have just as much of an impact on the direction of oil as will opec. >> a weaker dollar, rising shale output what is your long-term forecast for oil? right now we're pushing the envelope over the past five years, wti or oil prices have traded between two clusters, between 35 and 65. now we're at the top of that cluster. the next cluster was between $95 and $115 more or less. so right now overthe past five years we haven't been in the middle of that range that's not to say we can't go higher what's interesting is that the producer, the only person who is naturally long oil in this market and who has to sell it never sold more oil forward an we'll continue to see production rise because they have sold a lot of oil that they need to produce to offset contracts. we also have a strong relationship between oil rig counts and four-month lag in wti prices so given that wti rallied significantly for four months there will be more rigs added going through into the second

growing inflation which could force faster than expected rate rises on the federal reserve now all eyes this week will be on the u.s. inflation figures that a jew out wednesday if the rate tops one point seven percent it could be a case of hang on to your hearts once again. so let's make sense of it all now with our man on wall street jens quarter joins us all financial correspondent from new york yes we've seen incredible swings on the markets what's the latest. well investors on wall street are not ready to throw in the towel at this point after blue chips gained a good three hundred points on friday we saw an even bigger upswing a recovery here on monday when blue chips gained a good four hundred points still those big swings no matter if to the up or to the down side show that there is some nervousness in the market and wednesday actually could become a crucial day that's where we'll get the related reading on consumer prices an important gorge for inflation and if that should take a bit higher than expected then maybe we might see the yields of u.s. treasuries on the move again and that could increase the pres

u.s. from the dollar and from this federal reserve policy what do they say they're doing how do they justify this you say collusion has a negative connotation but of course they don't consider themselves to be colluding in anything they think of themselves as coordinating policy but what do they think they're doing exactly they think well what they think they're doing and what they actually say they're doing on two different things. what they say they are doing is stimulating economies so the federal reserve supposedly by injecting four and a half trillion dollars into the financial system buying bonds and have valuating on the back of that those securities upwards they said that would create real growth we know it hasn't created real growth it hasn't really grown the economy it's grown the markets it's growing the asset economy but not the foundational economy they believe they have and so what's happening now is all the central banks are talking not really doing tapering so the fed is saying are going to raise rates a little bit we're going to shrink our booker a little bit but in actualit