Will Democratic memo ever be released?

The Lead political panel discusses.

Posted: Feb 6, 2018 7:40 PM
Updated: Feb 6, 2018 7:40 PM

Is no breakfast beverage safe anymore? There's a new warning out for all you hot tea drinkers. And here's what else you need to know to Get Up to Speed and Out the Door. (You can also get "5 Things You Need to Know Today" delivered to your inbox daily. Sign up here.)

1. Stock market

Global markets tumbled this morning, following the stunning 1,175-point drop of the Dow. That was its worst point drop on record for one day. The 4.6% decline was the stock market's worst day since August 2011 and wiped out all this year's gains. It also erased a quarter of the "Trump rally." It's unclear what will happen today: US futures were down overnight, then started to recover.

Why is this happening? The hot economy may be a little too hot. Unemployment's so low that we finally saw decent wage growth in the latest jobs report, sparking inflation fears. And that, in turn, worries investors that the Fed will be more aggressive in raising interest rates to cool everything down.

So, what should you do? Probably nothing. It's best to play the long game with stocks, and the market had been so hot that it had to cool down eventually.

2. Dem memo & shutdown

That Democratic memo rebutting GOP allegations of FBI abuses got the OK from the House Intelligence Committee to be released. Now, it heads to President Trump for review. Will he release it? The consensus seems to be that he will -- but with a lot of redactions. Dems worry Trump will block out not just sensitive stuff but also things that are politically inconvenient for the GOP.

Meanwhile, House Republicans plan a vote today on yet another short-term spending bill to keep the government open. The government shuts down Thursday unless a spending deal is reached. The bill, which would keep the lights on through March 23, would also fund the military for a full year. That'd pass the House, but it'd be DOA in the Senate. Combine that with lingering uncertainty over a DACA deal, and, well, who knows how this will play out.

3. Syria

Are civilians in Syria being attacked with chemical weapons again? The Syrian National Coalition, made up of opposition groups, thinks so and wants the UN to stop it. There were reports over the weekend that chlorine gas attacks took place in Idlib province, but CNN hasn't independently verified those claims. Russia, an ally of Syria's government, has ramped up airstrikes there after one of its pilots was shot down and later killed in an exchange of gunfire.

4. South Africa

South African President Jacob Zuma is in a fight. His party, the African National Congress, may try to oust him tomorrow. Senior members of the party tried to get him to resign over the weekend, but he refused. His supporters clashed with party activists outside the ANC headquarters in Johannesburg. So, why is he in trouble? There are many reasons, with the main one being years of corruption allegations against him.

Meantime, officials in Cape Town pushed back their projections for "Day Zero" -- the day the South African city's taps are expected to run dry -- to May 11, citing a decline in agricultural water use.

5. Winter Olympics

Amid flu fears, the Olympic facilities in Pyeongchang, South Korea, now battle a norovirus outbreak, just days before the Games start. At least 41 security guards have been hospitalized with vomiting and diarrhea. To stop the disease's spread, the other guards have been pulled and replaced with 900 military personnel.

BREAKFAST BROWSE

People are talking about these. Read up. Join in.

RIP, Frasier's dad

If "Frasier" was the perfect sitcom (it was), then John Mahoney was perfectly cast as the cranky but loveable Martin Crane. He died at age 77.

Netflash

"The Cloverfield Paradox" made a big splash during the Super Bowl, then critically crashed and burned when it popped up hours later on Netflix.

Love him like a rock

If you've never seen Paul Simon live, you'd better hurry. The music legend's next tour will be his last.

'Got a Christmas tree fire'

Philadelphia celebrated the Eagles' epic Super Bowl win with grace and decorum. Don't believe us? Just listen to the police scanner calls.

NUMBER OF THE DAY

103 million

That's how many people that watched the Super Bowl, down from last year's 111 million.

QUOTE OF THE DAY

It "will either be a great rocket launch or the best fireworks display they've ever seen."

Elon Musk, expressing great confidence in today's test launch of The Falcon Heavy, which may be the world's most powerful operational rocket

AND FINALLY ...

Watch and learn

Watch these cats watch a Japanese chef make homemade tofu. (Click to view.)

Indiana Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 118322

Reported Deaths: 3591
CountyConfirmedDeaths
Marion21502767
Lake10688323
Elkhart6707111
St. Joseph6619113
Allen6330205
Hamilton4938109
Vanderburgh378131
Hendricks2766124
Monroe265536
Tippecanoe256613
Johnson2352124
Clark225957
Porter219947
Delaware200162
Cass19559
Vigo186827
Madison170375
LaPorte149141
Floyd139664
Warrick138242
Howard132663
Kosciusko125917
Bartholomew118457
Marshall101524
Dubois99919
Boone99146
Grant95134
Hancock94643
Noble93132
Henry81226
Jackson7739
Wayne77014
Morgan73438
Daviess68028
Shelby68029
Dearborn67528
LaGrange64011
Clinton62314
Harrison59224
Putnam58411
Gibson5355
Knox5289
Lawrence51629
Montgomery51121
DeKalb48811
White48714
Decatur45939
Miami4394
Greene42735
Fayette42313
Jasper4012
Scott39011
Steuben3907
Posey3460
Sullivan33812
Jennings31612
Franklin31325
Clay3085
Ripley3078
Orange28824
Whitley2826
Carroll27813
Adams2763
Wabash2728
Starke2717
Washington2701
Wells2674
Spencer2633
Jefferson2503
Huntington2473
Fulton2442
Tipton22822
Randolph2238
Perry22113
Jay1920
Newton17411
Owen1711
Martin1680
Pike1641
Rush1574
Vermillion1310
Fountain1292
Blackford1213
Pulaski1141
Crawford1100
Parke1072
Brown1043
Benton870
Ohio797
Union790
Switzerland690
Warren411
Unassigned0226

Ohio Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 151802

Reported Deaths: 4746
CountyConfirmedDeaths
Franklin27119607
Cuyahoga17554656
Hamilton13237315
Montgomery7938164
Lucas7343364
Butler6085111
Summit5366252
Warren311549
Marion311147
Mahoning3095281
Stark2913175
Pickaway267944
Lorain233386
Delaware230621
Fairfield213253
Licking194963
Columbiana194080
Wood192172
Trumbull1916132
Clark183940
Clermont174423
Lake164851
Greene149034
Medina147539
Miami146351
Allen146269
Portage116866
Mercer113218
Erie95947
Tuscarawas94120
Wayne94068
Richland92219
Ross89624
Madison84312
Darke80643
Geauga72649
Athens7242
Belmont72427
Hancock72010
Lawrence67122
Ashtabula66048
Shelby66010
Putnam61923
Auglaize6119
Sandusky58020
Huron5557
Union5512
Scioto5167
Seneca48814
Ottawa47130
Preble44515
Muskingum4383
Holmes3959
Jefferson3384
Henry33414
Defiance33012
Champaign3133
Logan3133
Clinton30213
Perry3009
Brown2922
Knox28815
Washington26223
Jackson2616
Morrow2612
Fulton2591
Hardin25713
Crawford2476
Ashland2464
Coshocton23411
Fayette2336
Highland2303
Williams2143
Wyandot21312
Pike2020
Gallia19613
Meigs17610
Guernsey1738
Hocking1679
Carroll1527
Adams1364
Van Wert1243
Monroe11018
Paulding1100
Harrison643
Morgan500
Vinton473
Noble340
Unassigned00
Fort Wayne
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Angola
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Huntington
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Hi: 65° Lo: 43°
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Decatur
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