Im wilfred frost. Lets get straight to the market picture. Some record closes, but slight gains yesterday. We are seeing slight pullback in terms of that tone this morning. Down about 38 points for the dow. Nasdaq down 8. S p down about 4 points. Week to date we are showing slight gains for these three main indices that hides another story that people are pointing to, the small cap decline. Lets look at that very quickly. Week to date, bouncing back a bit, but that decoupling from the big cap stocks has garnered attention. People suggesting does that show weakness in the economy to come . I think its different from that its fears of tax reform slipping, and we know those small caps are geared to that. To paint that picture further, lets look at banks. Banks are also geared towards the tax reform they have slipped over the course of the week banks performance coming up now. Bank of america has slipped during the course of the week. Similar decline as we saw in the small caps extrapolati
Six months in and politics, oh, thats a very different story. No major legislation passed and the president has had it, on health care, he says, dont leave town until you get it done. There is a Health Care Vote next week. The outcome very uncertain. News developments today, sad news from senator john mccain. Hes been diagnosed with an aggressive form of brain cancer. He will not be in for next weeks Health Care Vote. President trump tells the New York Times, i would never have appointed Jeff Sessions attorney general if i knew he would recluse himself from the russian investigations. And not writing tax reform until the fall. So what chance of tax reform this year . Russia, russia, russia, when donald trump, jr. , and Jared Kushner and Paul Manafort appear. And stocks up, youre going to love it. Varney company is about to begin. Straight to the markets, please, it looks flat to slightly higher at the opening bell in 27 minutes time. Im going to repeat that big number for you. More tha
They are missing the point. Microsoft has just confirmed that American Technology rules. The big five have the ideas, the profit and the growth. And, you know, that might be a problem for one of the big five, amazon. There are report that is the government is checking their prices. Are they really discounting . Thats a small scale investigation, but it may be the start of a pushback to the extraordinary power that amazon has acquired. In a moment, the full story on tech and the presidency on brink of a big win or a big fail. The friday edition of Varney Company can is about to begin. Stuart oh, look at the futures. Were down 50 points at the opening bell, 28 and a half minutes from now. Well check that market when it opens. Oh, dear. I told you a moment ago that microsoft reported stellar profits, and so they did. But the stock price is slipping a little after a big runup when the results were first announced. Profit doubled the, the Cloud Business took off, and were going to try to fi
Right now which will be the final volume in press. Hes received two awards of the Jefferson Davis historical gold medal. Mr. Buckland is a graduate of the university of kansas and had a 22year career in the u. S. Army in which he rose to the rank of lieutenant colonel, slightly higher than i got to when i was in the army, and he has many awards. He served much of his career in special forces. You see some of the awards he received during that time period. We thank him for his service. He currently works for the United States government. Lives with his wife maureen in centerville, virginia. They have three sons. The title of his presentation today is john s. Mosby, the perfect man in the Perfect Place. Please help me welcome mr. Eric buckland. [ applause ] good morning. In keeping with the theme on leadership, patrick had asked me to talk about john mosby so we could address a leader at the unit level, down at the tactical and operational level. There is no doubt that john mosby was a s
Right now which will be the final volume in press. Hes received two awards of the Jefferson Davis historical gold medal. Mr. Buckland is a graduate of the university of kansas and had a 22year career in the u. S. Army in which he rose to the rank of lieutenant colonel, slightly higher than i got to when i was in the army, and he has many awards. He served much of his career in special forces. You see some of the awards he received during that time period. We thank him for his service. He currently works for the United States government. Lives with his wife maureen in centerville, virginia. They have three sons. The title of his presentation today is john s. Mosby, the perfect man in the Perfect Place. Please help me welcome mr. Eric buckland. [ applause ] good morning. In keeping with the theme on leadership, patrick had asked me to talk about john mosby so we could address a leader at the unit level, down at the tactical and operational level. There is no doubt that john mosby was a s