Banks, although they since recovered from the losses, and are now one of the best performing groups. Coming up, whether a bank breakup is good for the industry, the economy, investors, joined by independent Community Bankers of america ceo, cam fine, and the former ceo of wells fargo. Caterpillar up 10 over the last month and could rally another 20 from here. Coming up, debating whether you should be buying this dow component or selling it right now. But we begin with the old adage as you mentioned, sell in may, go away. Referring to the six months strategy from may to september in which markets historically perform worst than the rest of the year. We look how sell in may has really worked out for investors or not so much lately, dom. It all depends on statistics and looking at the overall picture for stocks because theres any number of viewpoints and any number of time frames to look at with regard to whether sell in may and go away actually ends up working, so we asked our data partn
[ applause ]. John who are your heroes, and r a harris poll asked americans that question, and the person who came in first was jesus christ. I understand that. But after jesus many people picked politicians. Ronald reagan was second. Barack obama third. President obama ranked higher right after he was elected then placed first ahead of jesus. Are any of those people your heroes . [ cheers ] some for jesus, but not the politicians, but the list is politicians, george bush is on the list. Hillary clinton, fdr, Elizabeth Warren. Why politicians . What is so heroic about what they do . When i look at them i see selfserving panderers who say anything to win. And once elected dole out favors and money to their cronies. But thats not how the hollywood left sees politicians. They see them as inspirational heroes. Let the American People explode into this new millennium with the exhilaration of being true to the glory of this democracy. Thank you. [ applause ]. John the music swells. This idea
We will tell you what has him so bullish. We start off with the biggest stock in the world, apple reported earnings moments ago. The stock was falling after a revenue miss. We got full team coverage. Our joan e own josh lipton is at apple headquarters on a brandnew red iphone. We will check in with him later often. Josh, we kick it off first with you. Mel lit i lisa, lets start with the this iphone, they were down year over year, in an interview with ceo tim cook who cold me in part that demand looks better than those units suggest because he did take down that channel inventory that 1. 2 Million Units in a quarter. He said iphone fans may be deferring that upgrade because of what they think is coming. He told me, we have seeing a delay in purchasing behavior, we think is a consequence of the number of groomers and reports about future products. That is happening. However. If you look at the iphone outside of greater china, iphone units grew very nicely. We had more upgraders in the fi
Quicker. I said my job is to spend the money, were working on ways to try to get mexico to pay for it. Thats not my concern, im trying to get this thing built. Reporter looks like you have a wall there already. This stuff is actually built already. This is an example, the picture i was looking for is the picture of the levee wall, this is what it looks like currently built. We dont have the other picture up there anymore of the cyclone fencing. This will be replacing cyclone fencing. Reporter the wall and all these places where you have existing fencing like this . Is that a good way to spend the governments money . I think securing the border is a good way to do it. Certain places technology will help. Weve got money in that for this. Theres places we can start Land Acquisition for next year in this bill, ramping up to higher border agents. Additional beds, Detention Centers so we can effect the catchandrelease. One of the problems is the beds were full at the Detention Centers. We ad
But this a method to the madness. Vladimir putin i think you would want to have a reset with him. This is a classic carrot and stick. We are sending the military over to the island to blast them all to heck. Tyrants have egos. Bad guys have he goes, and hes appealing to that. He says he doesnt want people to know what his plan is. When you keep everything on the stable, just have everything be on the table. Classic negotiating strategy and it can reap dividends. We have seen whats happening in china. For the first time in ages real negotiations and working together. At least we are not sending pallets of palettes of cash. The. The new president of the philippines hit the world stage, hes killing people, death squads, and become something of a pariah with the rest of the world. How close even when you are trying to flatter these guise, how far do you go with Something Like this . This is a Charm Offensive perhaps. The president is reserving all his options. Hes using the carrot of meeti