Elected president in my opinion, the market drops 25 . We are americans. We believe in making these investments to create lots of opportunity. We are happy to do it. All were saying is if you make it big, i mean really big, i mean one tenth of 1 big, pitch in two cents so everybody else gets a chance to make it now lets welcome in Lee Cooperman, joining us today from florida, should let you know we invited senator warren to take part in this conversation with us today and we have not heard back from her campaign Lee Cooperman, as you can see is here its good to see you thanks. Youve created all the problems for me the whole thing started at delivering alpha im not a political analyst, im a financial analyst. It was your words, not mine, lee. Yeah. The only i would like to modify my words a little bit first of all, i want to say the significance of an event for the stock market is a function of what the stock market is discounting at the time the event occurs the market at 3,050 whereve
We lost Kristen Gillibrand yesterday. How many more do we have to lose . Emma nine more will not make the debate stage out of the 20 candidates. That is what i wrote about today. David we are looking forward to the debate. Can people remain in this race if they do not make it onto the debate stage . They can but it will be hard. If they do not make it this debate in the october debate, it will be very difficult. Being on the debate stage is more than just debating off other candidates. It is about showing you are a viable candidate, expressing your platform and getting our message out. If you are not on their, it is going to be difficult for donors and primary voters who matter a lot at this stage to see you and feel like they should continue to support you. Vonnie you said the magic david you said the magic word, donors. When you have john delaney who has money in his own pocket and says he will stick it out and i will, who is best positioned and who is weakest on the money . Emma the
Well as eric jackson of Spring Owl Asset Management and an outspoken critic of management teams, including yahoo and viacomm. Earnings in revenue beat expectations. A big win for Ceo Jack Dorsey who, of course, runs two companies. The stock of square down more than 20 so far this year. Prior to todays move. I did speak to dorsey last quarter about the path to profitability. Square has been a very strong and really predictable business for us. And were really happy about that because we feel like we have a real understanding of how the business grows and what it takes to move it forward and can really understand what to do next. Predictable, of course being the keyword. How much of a victory is this quarter for jack dorsey . Short term its a great victory, longterm its a problem because square catches mass of competition from everywhere. And not only is card readers now, you have apple pay and new infrastructure. A lot of new technologies that could be developed that could really hurt t
States. The cdc saying pregnant women should avoid a neighborhood, a specific neighborhood around miami. This is after 10 new cases of the disease were discovered. Remembering thick and said the polls attack in her window. It will reopen in a memorial to the 49 People Killed in june. Taking away your Second Amendment rights on your iphone or read the First Amendment at how apple is waiting and im the kind control debate and how you express yourself to a happier happy meal. Mcdonalds overhauling its Ingredient List to win back customers. Bringing racecars from the track to the road. One of my gases very excited. The latest automaker to unveil a race car for consumers. That cannot die. Auto sales coming out. Oil driving the action. Dipping below 40 a barrel. First time thats happened since april. Cost of crude down 22 from its recent high. The movement will play not documented features with losses across the board. In europe stocks losing ground with bank shares under pressure yet again
Building permits, and housing. 9 45, the Bloomberg Consumer comfort index. Earnings, oracle and red hat after the bell. The senate votes on whether to appropriate funds for the training and arming of syrian rebels. Petro poroshenko is addressing congress. He is going to congress in an appeal for support. Some pageantry there. I thought the headlines were pretty perfunctory out of ukraine. In what sense . Nothing like bombing or missiles are people dying. Will beder what putin doing as Petro Poroshenko meets with obama. There is a ceasefire there and people are still dying. Lets do a data check. Something off of the janet yellen comments. Futures up 8. 10 year yield higher. Currency markets really show the move. Eurodollar 1. 2873. Hydrocarbon churn. Brent crude, under 100. Vix, 12. 68. Weaker 108. 67. A gold, massive support at 1200. On the watch for a break of support of gold. Were t that point. Pairs. The major Asian Financial crisis as seen through the relationship of south korea an