Ever before. Good morning. Look who is back. Summer vacation is over and here is stephanie ruhle. Thrilled to be here. Month. Been gone for a a lot of news happened while i was gone. And some crazy stuff. Some of you have been seeing these on twitter. Thererazy super fan out made socks. I was hoping to wear these today in honor of your return. They are really designed maybe there are are hand warmers. They are stretchy. You can see the picture. I never wanted to have my face against eric buseys sweaty feet so much. Thank you, that super fan who ordered these. Matt miller. Down to business. Economic indicators. Manufacturing data from the institute of supply management. Fors go to Michael Mckee more. You expect me to follow the sox . The news we have may not be as exciting but it is very good news for the u. S. Economy. In 59. More than expected and the highest since march of 2011. Hers rise to 60 67 from 60 34 yard production up to 60 45 from 60 12. This may be the peak. It is hard to
This week on q a, pulitzer prizewinning author and columnist, gretchen morganson discusses her new book with Joshua Rosner titled Reckless Endangerment. Cspan gretchen morganson, in your book, Reckless Endangerment, next to the picture of James Johnson county rate this the calculating political operative, johnson was an ominous architect of the homeownership rate that almost destroyed the economy in 2008. Why so much on his shoulders . Guest brian, we have to go back in time. A crisis doesnt happen overnight and if you want to understand what happened to create this mortgage bubble and the ensuing crisis, you have to go back to the early 90s when fannie mae and freddie mac were under a little bit of pressure from congress because the the s l crisis. Congress was concerned maybe there were losses sitting in these Mortgage Finance giants that were caused by public, was a pirate. The republican at the government had started them, that they had private shareholders, said they were operatin
employees and iphone or an android phone. a lot of companies making that move recently. let s get an update on what is happening with the market, the cme with charlie. i want to follow-up with you on what is happening with breaking news going with oil, giving statements that say nobody wants to make a comment, nothing irregular, what do you know? charlie: i know i heard from some trading desks, some trading are calling it a fast finger. look at the chart, some pretty big tech levels. the moving average, but then i started looking a little further, there is big open interest, 9900 open. which generally the market will tend to gravitate to the highest stock price nearest the market. i think it is a combination of all the above. you saw some further technical selling coming in and some option related selling with people having to cover that were short. cheryl: let s see what happens. after hours trading will keep us abreast of what happens. low volume because of the jewish holid
so you can imagine how excited i was not so much because he was a civil rights leader and some people in retrospect were a little skeptical about him in that regard but because he was a baseball player at 11. who wouldn t be excited? look at his hand and his chest and his back. that is the real thing, i guess. anyway, i was pretty well sensitized to these issues and believe the america achieved something, a permanent lasting change and was reversing on the. it was hard for me as an observer to take in the idea that this would be a permanent attitudinal change. in fact it has been at least until this time. americans are by and large skeptical of government. everywhere you look people talk about how we have to restrain government, keep it limited, get taxes down. they don t trust social programs. they just don t trust social programs. they believe that it is government spending that has caused our economic problems. that has not been the case. in fact it has been very much the
don luskin discusses his book i am john galt with profiles people as heroes and villains in ayn rand s novels. this is about 50 minutes. how many of you can respond to the question who is john galt? if that means something to you you re going to love this next program. by the way, i don t know who is doing it, but when i drive south from jacksonville there s a billboard on i-95 that says who is john galt your baby our next speaker will be able to explain it to us. if you heard our all-star prediction bill yesterday, you know there were fireworks. well, don duskin was john who led let the first magic of things really going. he is if you for the program notes, an avid believer in technology, but what happens if it stops? anyway, details today with the future could become please join in welcoming don luskin s i am john galt. [applause] thank you. thank you for the great introduction. there s one substantial in accuracy. i actually am john galt. but you all are, too. an