Environment drives stocks highers, isnt it . Over the average either at or striking distance from the year, dow gaining 18 points, s p advanced. 13, nasdaq inched down, we have to go over what allows us to reach these levels. The backdrop thats conducive to higher prices for the overall market. In short, whats so special about stocks right now that we are at or near or challenging these high s . First, investors like to see low inflation. When you have low inflation, that means the longterm value of stocks, the future earnings streams youre buying are going to be preserved. High inflation erodes that value because it means those future earnings will have less purchasing power. Last friday we gotten a employment number that signalled there is no inflation in the system other than the mandated inflation that comes from higher state and local minimum wages. Tame inflation means that all stocks are worth more so even if you hear that the stock market is expensive, it might not be as expens
And i have been so blessed to have great people in my life. The loss of a sports pioneer. Pat summit has died after battling early onset dementia. The House Select Committee on benghazi which has just released its complete and final findings into the 2012 attack. Hillary clinton spent the day with Elizabeth Warren, a woman who donald trump is accusing of being a fraud and a racist. I do just love to see how she gets under Donald Trumps skin. David cameron is going to meet all his other 27 heads of government to try to explain what happened here in britain. West virginia recovery from devastating flood waters is going slowly. The u. S. Supreme court striking down tough abortion restrictions in texas. We are a land of rules and laws. The courts have decided. The largest payout by an auto maker in u. S. History. New yorkers take most things in stride, but one mans mode of transportation did cause quite the traffic mess. Willis, won. Keep an eye on him. Hes got game. Look at this guy. All
To win with people, and i have been so blessed to have great people in my life. Loss of a sports pioneer. Pat summitt has died after battling early onset dementia. David cameron is going to meet all other 27 heads of government to try to explain what happened here. West virginia, recovering from devastating floodwaters is going slowly. Bridges washed out. Hillary clinton spent the day with Elizabeth Warren a woman who donald trump is accusing of being a fraud and racist. I do just love to see how she gets under Donald Trumps skin. Then House Republicans have been investigating the benghazi libya alec for more than two years will release the findings as soon as today. The u. S. Supreme court striking down abortion restrictions in texas. We are around the rules and laws, and the courts have decided. Thats who we are. Volkswagen with the diesel emission scandal, the largest payout by an automaker in u. S. History. New yorkers stake most things in stride but one mans mode of transportation
To win with people, and i have been so blessed to have great people in my feli. Loss of a sports pioneer. Pat summitt has died after battling early onset dementia. David cameron is going to meet all other 27 heads of goventrnmetr to y toxp elain what happened here. West virginia, recovering from devastating floodwaters is going slowly. Bridges washed out. Hillary clinton spent the day with Elizabeth Warren a woman who donald trump is accusing of being a fraudnd a racist. I do just love to see how she gets under Donald Trumps skin. Then House Republicans have been investigating the benghazi libya alec for more than two years will release the findings as soon as today. The u. S. Supreme court striking down abortion restrictions in texas. We are around the rules and laanws, d the courts have decided. Th watsho w volkswagen with the diesel emission scandal, the largest payout by an automaker in u. S. History. New yorkers stake most things in stride but one mans mode of transportation did c
Inventories are today. 11 00 a. M. This morning. Hillary Clinton Holding a News Conference in the next few moments. We will take that live. When it begins. Road map with apple unveiling the iphone 7, will the new features boost the companys product cycle. Getting a downgrade from wells this morning. Hp enterprise shares falling despite what was an earnings beat, servers numbers perhaps a concern. Ceo meg whitman right next to us here at post nine. And b of a Ceo Brian Moynihan said more cost cutting is coming. First up apple hoping the newly launched iphone 7 and 7 plus will revive slowing sales. The features include longer battery life, higher resolution cameras, Water Resistance and, of course, the lack of that headphone jack. Meantime wells downgrading it to market perform expects shares to be range bound since positives surrounding apple largely unknown. The journal today, though, says enough new fiereatures people w be tempted to upgrade rather than next year. Age is ignorance. I