Third, boy, is it ever in the way even with record numbers after a day with the dow losing 79 and s p advancing and nasdaq gaining, the last two both records. You need to understand that the government has become the one wild card in this market and does reek havoc on all sorts of stocks last fall the fed created its only personal bear market because he told us he might need to raise Interest Rates over shooting to stamp out inflation, which at the time was nonexi nonexiste nonexistent totally out of touch and crushed the market powells rookie mistake almost gave us a recession but came to his senses in january and changed course but we never should have been in that position to begin with thats what keeps happening. We never would have gotten in this mess with janet yellen. She was day to driven and understood the power of her words but even though president trumps tweets are about lower Interest Rates and maybe having some effect, i dont know. Remember what he did he sat janet yellen
Im director of the civil war institute. It is my pleasure to welcome professor edward ayers for the robert bloom lecture. Professor ayers is the Tucker Boatwright professor of humanities and Professor Emeritus at the university of richmond. He is the author of numerous books and articles including in the presence of mine enemies the civil war and heart of america the winner of the bancroft prize. He also wrote the promise of the new south. Excellent book i read in grad school many years ago and most recently he is the author of the thin light of freedom the civil war and emancipation in the heart of america published in 2017, and the 2018 lincoln prize winner. One of the things that professor ayers has done throughout his career, hes made it a point to speak to public audiences. Professor ayers is again, i think hard evidence that this supposed gap between academics and public historians and academics and general audiences has if there is maybe a gap there, but it is ever so slight, an
Our road map begins with the earnings deluge. The busiest day yet with 3m, comcast, dow crossing the tape plus, tesla shares tanking this morning despite record deliveries of its electric cars. The automaker did report a larger than expected loss. And max pressures southwest shares falling sharply ahead of the bell. Loves gary kelly will join us exclusively this hour. Stocks set to make new record highs with two big movers today. Tesla, a larger than expected loss for q2 margins down despite record deliveries of course, facebook beating on both the top and the bottom lines, but with that warning that growth will slow. Results include a 2 billion charge as part of the 5 billion settlement with the ftc as facebook resolves one probe, disclosing yet another, saying the ftc began an antitrust review in june, which is separate from the antitrust review of Big Tech Companies Just Launched by the doj theres plenty to choose from this morning, jim. Whats on your mind . I love the facebook call
Improve. They say pedestrian safety. The changes that could be coming to city streets. Could be getting a wnba team in the very near future. We have a live report. News station. Hes calling news 2. Thank you for joining us here on kron. 4 news at 02 00am just involvement. No turn on red signs could be going up all over San Francisco. The citys board of supervisors are considering this ban. They say to decrease pedestrian deaths. Kron 4 S Michael Thomas in San Francisco with the latest. These changes could come as early as january and it really is all happening just a month or so after we saw that 4 yearold lose their life while they were walking through the crosswalk with family, which is the intersection that im at now. This is video from that horrific scene. A situation that officials are trying to make sure doesnt happen again. The idea to ban turns on red lights across the city at all. Stoplight intersections came tuesday night at San Franciscos board of supervisors meetings. The c
Ready for the listing later this week. First horizon ceo, brian jordan, with the pulse check on regional banks post prices and the state of lending as rates continue to rise. Off the opening highs, pretty good breath and among the dow, 30 components. We brace ourselves for a busy week with earnings from giants like adobe, microdata cpi incorporate events and southside conferences. The European Central bank meeting and we have an armed ipo and whats interesting, and we heard from our friend about he says the relationship is so important but we are seeing higher yields today and stocks are rising despite that. Usually they are scared off y that and maybe it has to do with the bank of japan. Overnight, some comments there about scrapping their yield curve control but is a relationship we are going to watch heading into an important inflation week. Breaking that link would be key. We are getting breaking news. We will go to steve. Hey, steve. Hey, carl, thanks. Dodging a bullet here for th