Youre bullish the market. I think it is a very good sign and if you look over 20 years, 30 years, 40 years, that actually happens they are playing catchup and thats a good thing. When investors, particularly index investors, are where they can still get some value and, of course, its small caps. Not only that, if you get these plans, and theres no expectation of market now, maybe some start to creeps in on tax, if you get infrastructure and tax in the u. S. The small caps will benefit tremendously for a lot of domestic issues trump is focused on i think they will do quite well. It helps keep the haters at bay. One of the arguments you can you make is, you know, small caps arent performing. Transports arent performing we hear all those lines all the time. Russell 2000, as we said, outperforming month to date. Thats a sign of a broadening and stronger rally. We talked time and time again about the rotation of the rally. Its between sectors and actually even between the s p and the nasdaq
Minutes. Got to talk to peltz, jim, about Procter Gamble yeah. Big tory. David and i have been spending time on it. Mr. Peltz had came on here and then mr. Taylor, the ceo of procter came on mad money with a series of what i say are just outright charges that vehemently disagree in what was once i thought going to be a more gentlemanly discussion with what mr. Peltz is saying and what mr. Peltz has done. Would you agree with that . Yeah. I dont think its interesting. The battle has been joined here. Both sides had hoped to keep it civil. Its not clear to me thats case civil like a civil war. Thats fine with us why do we come back to it . P g is one of the most Important Companies in the country this is the first time weve seen a proxy fight even for one board seat in a company this large. Did depends on who you talk to if its a company that needs fixing, and not something capable of the Current Management Team regardless because of all the different layers, the bureaucracy, the units w
51. 94. Coming up on 52 here are the big stories were watching new this morning, defense secretary james mattis responding to north koreas latest threats saying the u. S. Will seek a diplomatic solution. Mattis making those comments at a News Conference in india south korea is reporting that north korea boosted defenses on its east coast after it said it would shoot down u. S. Bombers flying near the peninsula. Shares of apple dropped for a fourth straight session yesterday. Debt klein f the decline follows reports about concerns for demand for the new device on the wall street agenda. The s p caseshiller home prices are out at 9 00 a. M. Eastern august home sales at 10 00 Consumer Confidence also out at 10 chair janet yellen will give the keynote address at the National Association of business economics at 12 45 perm even we will hear from lael brainard, mester and bostic. On the corporate front Carnival Cruise lines and darden report results before the opening bell after the close, w
Of a man in a crowded bar. Jamie harron was cleared after the ruler of the emirate intervened. Now on bbc news all the latest Business News live from singapore. The big reveal china will soon unveil its new Leadership Council a day after president xi jinping consolidated his grip on power. And, americas Footwear Industry is making contingency plans because President Trumps tough and straight talk. Its wednesday, everyone good morning, asia hello, world welcome to Asia Business report. We start off with china, the 19th communist conference has come to a close, the top leaders of the party and chinas economy will not be revealed until later today. The president has a vision for china and asa president has a vision for china and as a reflection of his power, his name and ideology has been enshrined in the chinese constitution. Unveiling him to a higher level. Our correspondent gave an insight into what it means for the economy. Often, when you look at how the chinese constitution is made
Special Counsel Robert Mueller appears rebuilding a case of the trunk campaign was in close touch with russian officials who wanted to defeat Hillary Clinton. Hasreignpolicy advisor plenty of the about lying to government officials about his operatives. And rick gates have also been charged with tax crimes and money laundering. Here with the latest is justin. David has also been following the story here in new york. What we learned yesterday about what we have learned from bob mueller, the indictments that we saw yesterday, what does that tell us about the focus of where they are trading their investigation . From the indictment, Paul Manafort and his righthand man rick gates, that they had been looking extensively at their work in ukraine, studying their private business dealings before they both worked on the trunk Campaign Last year. What was a big surprise, in the George Papadopoulos guilty plea, which was unsealed yesterday, the extent of efforts by the russians to contact the tru