Ford, all of these basically weaker than expected although slightly better than expected for fiat and chrysler. The real concern is when you look at car sales. Were not talking about suvs and pickups. Were talking about car sales. The numbers, thats not a mistake there. That is accurate. Fiat chrysler cars down 39 . Gm down 25 . Same with ford. Toyota, down 15. 9 . What is happening here . A couple things. Moderate gas prices are having an impact. People are saying if i have gas at, what, 2. 32 a gallon on average in this country, hey, its still relatively cleep to where it was a few years ago. As a result, you see people rotating to crossovers, suvs. So when you take a look at the japanese automakers sh the reason were showing you the stocks is because these guys have more exposure to the car market in north america relative to gm, ford, fiat chrysler. Keep in mind, those guys have much greater exposure to trucks and suvs relative to the japanese automakers. Any way you slice it, they
We want to show you then how some of the fun and games developed with the twitter hacker after this had come up. After this had been taken down, the tweet about Roger Goodell, we also saw some, again, some interesting tweets coming up from the supposed hacker that also said that, oy, dont take this tweet down. We also saw him come back and tweeting again from the nfls verified account saying okay, okay, you amateur detectives, something along that line you got me. Interestingly enough here, this is, again, one. Latest string of highprofile attacks that have gone on with twitter. We want to point out, of course, that Roger Goodell is alive and well and the nfls Public Relations department did put out a tweet saying as much as soon as these tweets were discovered. Right there you can see Brian Mccarthy, nflpr. The nfl twitter account was hacked and the nfl commish is alive and well. What we want to point out, again, is that Roger Goodell, the nfl commissioner is alive and well and that t
April described this federal lease as suggesting that, quote, if there were another crisis today, the government would have to prop up the largest banks if it wanted to avoid financial chaos, close quote, and question one, do you agree with that. And two, what do the five banks need to do by october 1st to fully remediate their deficiencies . And question three is if they dont by october 1st, will the fed take more systemic action like raising capital levels. So those banks over the span of the last several years in which they have been preparing living wills greatly increased their ability to be resol nevve the event of the trouble of bankru bankruptcy oral alternative ti title ii is available. I couldnt guarantee at this point which circumstances in which a bank fails that bankruptcy would work at this point as the means to resolve one of these firms that we have identified for five of the firms deficiencies, and we have been extremely careful in e spespell out in detail what the def
Also we have some earnings. Chevron, exxon mobile, murk. U. S. Equity futures at this hour, little bit of a mixed picture. More the most part down. S p 500 down 2. 5 points. Nasdaq is looking up. Were going to talk about some of the tech earnings last night. Markets had trouble all week. Remember the herald ham remember during that convention. Right. Just about the trump rally. Just about seems like every day we went up. The more that comes out of phil philly, the more the market is running. Maybe its coincidence. There were earnings. They were good except for ford. Other real things that happened in the world. The greatest thing about the market. The dacaterpillar. You can come up with any explanation you like. Just not for nothing, but i dont know. What its worth, its raining out today. Maybe thats it. I dont want this tournament to get rained out today. Hate that when they have to play 36 holes on a saturday. Maybe not. Its early. People arent teeing off yet. Youre talking about the
Viewers this morning. My name is frank salufo. I direct your center for im really excite d for what wil be a rich and long day covering a whole host of issues that our center zeros in on ranging from counterterrorism to Homeland Security to cyber to obviously the integration between federal, state, and local and obviously with the integration between the public and the private sector as well as some of the international issues. Couldnt think of a better time to host this than sunday was the fifth year of our successful raid of Osama Bin Laden in abbottabad in pakistan and obviously serves as a good time to sort of take stock in terms of where we are, how the threat has changed and what sorts of capabilities and capacities we need to be able to get ahead of the curve. Our conference is titled securing our future, and it is meant to be a strategic set of issues that looks across our various portfolio issues. Let me ask everyone to please put their phones in quiet mode and, when you do ha