Mid-day Update

PODCAST: Increasing military spending

David Brancaccio Feb 4, 2015
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Mid-day Update

PODCAST: Increasing military spending

David Brancaccio Feb 4, 2015
HTML EMBED:
COPY

First up, more on steady improvement for the job market. Plus, the Senate Armed Services Committee holds its nomination hearing Wednesday for the President’s nominee for defense secretary, Ashton Carter. One item for discussion maybe the President’s proposed 4.5 percent increase in military spending. What would that extra money be spent on and will both parties go for it? Also, this is a heavy earnings week for companies that invest in real estate. REIT’s, they’re called – Real Estate Investment trusts for long. One of the biggest – American Capital Mortgage Investment reports after the bell on Wednesday. Shares in these companies did explosively well in 2014, but this year’s not looking quite so good.

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