28 full minutes. Terrified cnbc viewers watched slack jawed as he ranted. Here is part of his performance. Hell is coming this was a feeling like ive never had. Like theres a tsunami coming, right . A tsunami is coming. You feel it in the air. The tide starts to roll out, ok . On the beach, people are playing and having fun like theres nothing going on. Thats the feeling ive had for the last two months, ok . And my colleagues at work, ok, thought i was a lunatic we need to shut it down now america will end as we know it, ok . Im sorry to say so, ok, unless we take this option. Bill ahman was afraid, and he wanted you to be afraid. He was especially frightened for the future of Hilton Hotels. Hilton hotels ahman proclaimed, is going to zero along with every other Hotel Company in the world. Every hotel is going to be shut down in the country. Every one talk about scary but in the end, not for bill ahman. Not long after that appearance, we learned that his firm had made more than 2 billi
Terrified cnbc viewers watched slack jawed as he ranted. Here is part of his performance. Hell is coming this was a feeling like ive never had. Like theres a tsunami coming, right . A tsunamias is coming. You feel it in the air. The tide starts to roll out, ok . On the beach, people are playing and having fun like theres nothing going on. Thats the feeling ive had for the last two months, ok . And my colleagues at work, ok, thought i was a lunatic we need to shut it down now america will end as we knowth i, ok . Im sorry to say so, ok, unless we take this option. Bill ackman was afraid, and he wanted you to be afraid. He was especially frightened for the future of Hilton Hotels. Hilton hotels ackman proclaimed, is going to zero along with every other Hotel Company in the world. Every hotel is going to be shut down in the country. Every one talk aboutng scary but in the end, not for bill ackman. Not long after that appearance, we learned that his firm had made more than 2t billion from
Worldwide exchange begins right now. Good morning, good afternoon, good evening from wherever in the world you are watching i am Brian Sullivan. Thanks for watching. The dow has had a great run. Up 10 of the past 11 sessions. Up nearly 3 september historically the worst month of the year. Not this year. The bond market has come up. We are seeing benchmark yield deals 1. 78 . In japan, we saw another rise in the nikkei, hang seng down around 1 . We are seeing green across the screen in european markets the Federal Reserve, cutting Interest Rates again by 25 basis points that means a quarterpoint rate cut. The fed increasingly divided on what to do with rates. Some members want to stop cutting rates, another wants deeper cuts. President trump writing, jay powell and the Federal Reserve fail again no guts, no sense, no vision a terrible communicator. Jay powell says, quote, i dont. I dont im not going to change my practice here today of not responding to comments or addressing comments ma
Arrows across the board. Nothing by more than a percentage point the dax is up just over a 10th a percentage point not surprising anyone with any expectations more rate cuts could come if the economy slows. 10year yielding 2. 237 . I saw there were three dissents they failed to point out one of them wanted to go 50 the future Federal Reserve, in raining. Right wanted the cut by 50 basis points a Job Interview right in the general news, they said, the Federal Reserve was doing okay it looks like a great economy but there are things to consider beyond the globe i thought that was his best perfo performance yet. Maybe not what you were hoping for and ending up on the day, you were effective am i here over there. Smile for the camera okay. New reports about how was that was that fake . New reports about at t plans for direct tv. Stock moving a little bit. Reporting the giant is considering options including spinoff. Fake news is it fake . I have taken calls on this. This is fake news. I sh
Im wilfred frost. A ton of news this morning. Earnings reports. Market movers. Political power plays and dont forget the fed decision this afternoon. Weve got it all covered for. If you went to bed early last night, donald trump declared himself the presumptive gop nominee. Listen. I use the analogy of the boxer, you know, when the boxer knocks out the other boxer you dont have to wait around for a decision. So that is what it is. That is what happened tonight. And that is what happened last week in new york and thats really what happened throughout. On the democratic side, Hillary Clinton beating Bernie Sanders in pennsylvania, maryland and connecticut. Sanders did win rhode island. He did give a speech yesterday and said he is sticking in and. Doing that to maintain the dialogue going forward. That coming up. The big market story, apple shares down sharply right now. Earnings and revenues falling short. The tech giant posting its first year over year Quarterly Sales drop in 13 years.