Prof. Voguit good morning. We reached the point where we will see the story of two men that are going to run for president in 1932. Herbert hoover is the last in a long series of republican president s. Since the civil war, there had only been to democrats. One was grover cleveland, the only president ever elected not consecutively twice where the terms are not consecutive, and woodrow wilson. In the 1920s, we had three consecutive republican president s with Warren Harding calvin coolidge, and herbert hoover. I see him as being, at the least, one of the unluckiest residence in American History. He is elected in 1928, sworn in in march of 1929, and the stock market crashed in october. He gets blamed. People homeless live in hoover bill, if you have no shoes, you have hoover shoes. If you had oatmeal breakfast lunch, and dinner, you had another hoover meal. It was lamenting the fact that the bottom had fallen out of your life. In your view and that you and the view of the American Peopl
We are up off the lows of the session actually. Still seeing a decline. We were seeing a drop of about into thisprices going report. Usually it takes a little time for it to shake out. Out later where oil is trading. Whats going on in the stock market today. A little bit of a drowned downdraft. You into thee bloomberg and take a look at the groups on the move. We were just talking about oil prices and energy has been one of the drags in todays session. Discretionary stocks are weaker. Financials are weaker in the wake of earnings from j. P. Morgan and citigroup that the estimates. There were some disappointments in the numbers and Telecom Stocks falling. Lost videot had subscribers last quarter. Weve got them strength in utilities industrials and consumer staples. That is the balancing act we are seeing at the moment. Toside of stocks and forgot mention bitcoin rising to a record yet again. 5,200 for one bitcoin. Jamie dimon when asked about that coin said, im not going to talk about b
Good thursday morning, welcome to squawk alley. Carl quintanilla with john fortt, sara eisen, and Business Insider editor in chief henry blodget, guys, good morning to everybody. Got a news alert to start things off. Inventory is out on the oil complex. Lets get to jackie. Jackie good morning, carl. You can see crude prices are pairing losses, but still negative after this report, saying last week crude inventories fell 2. 7 million, so thats a little bit supportive, but on the flip side, gasoline inventories were up 2. 5 million, so sort of cancelling each other out there. The other thing i would note is u. S. Production was actually down weve been watching this steadily creep up. 9. 48 Million Barrels a day people are waiting for it to eclipse its peak of 9. 6 Million Barrels a day, so definitely a good sign were moving in the opposite direction 50. 44, as you know, weve been trading around the 50 mark for quite some time. These numbers arent going to help us find a direction ill sen
Executive order today is an important step in achieving that goal. I want to thank you and your administration for continuing to focus on finding affordable healthcare solutions. In addition to instructions given to the treasury, and health and Human Services department, the president will pass the department of labor with considering ways to deliver quality affordable healthcare. To the american workforce. Im calling on senator rand paul for a few brief words. Thank you. Today is a big day, President Trump is doing what i believe is the biggest free market reform of healthcare and a generation. This reform if it works and goes as planned, will allow millions of people to get insurance across state lines and inexpensive price. 28 Million People were left behind by obamacare who do not have insurance today. This specifically targets and will help people who dont have insurance or people for whom insurance is too expensive. Im glad to be part of this and i really want to commend the pres
[captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [captions Copyright National cable satellite corp. 2017] secretary acosta good morning. President trump and his administration are committed to ensuring hardworking americans have access to Affordable Health care. Mr. President , your executive order signed today is an important step in achieving that goal. I want to thank you and your administration for continuing to focus in finding Affordable Health care solutions. In addition to instructions given to the treasury and health and Human Services departments, the president will task the department of labor with considering ways to deliver quality, Affordable Health care to the American Work force. Id now like to call upon senator rand paul to say a few brief words. Thank you. Senator paul thank you. Today is a big day. President trump is doing what i believe is the biggest free market reform of healt