The nasdaq was lower but it is catching up. And the dowup. 9 up by about as much. The dollar index is stronger. Still below 93. Two of the better performing stocks, brownforman which is the topperforming stock primarily thanks to a surge in spirits and of course, the Michael Jordan news. Rally,g with the equity citigroups Tobias Levkovich recently raising his target on the s p 500 to 3300. He joins us now by phone. Thank you for joining. We are a little bit higher than that right now. There is going to be a leg lower to this market. It is still going to hold up somewhat into the end of the year. We are not going to see a crash according to you. Tobias the best way to put this is the fed is going to prevent it in many respects in terms of policy initiatives where there is this fascinating feedback loop phenomenon where stock prices go down, he will start getting very worried. People will start getting very worried. It will ebb and flow. It is unlikely for the markets of the you about 40
Not to say were on fire ten times this morning, but i need new words for all of this, the dow is up 95 in the premarket. You had a historic day on wall street, all three major averages hit record highs last night. The nasdaq marked a milestone, closing above 9,000 for the First Time Ever on the nasdaq. Jack, your reaction to what youre seeing . If youre a Football Team youre playing good special teams, offense and defense right now. The market is really on fire. And its incredible to see. When i saw the numbers come out after the holidays, that was impressive. To see the consumer so strong, people are going to work, people are finding jobs. I got so many friends that have two jobs now. Folks that dont make a lot of money, their education levels arent that high but yet theyre able to provide for their family and i think thats what really matters is the middle class is getting a boost right now in this economy. Cheryl what youre saying is that people have jobs but theyre not their wages
History. Well, its such a pleasure to be able to introduce dr. Holly a mayor who is been a dear friend of mine for decades. Now. We are catching up a little bit on the terrace earlier trying to calculate the years, but its been it was back in the 1900s when we first met one another thats not amazing how that sounds now holly dr. Mayer is now a professor emerita from the mccannulty college in the graduate school of liberia arts at Duquesne University in my hometown of pittsburgh, pennsylvania where she taught for many decades she did i think two stints as chair of the History Department there after joining duquesne after receiving your phd at the college of william and mary. She also has served as the visiting heraldkay johnson chair of military history at the Us Army War College out in carlisle, pennsylvania at the Carlisle Barracks and is currently during this Academic Year at west point where shes serving as the charles bowl ewing visitor professor of history. She is also has been co
Recognizes where exactly it was fine arts culture history. You travel extremely worth a visit. The or the cutter to Little Forest is at the heart of the largest coca growing area in columbia. The country is producing more cocaine than ever before, and the drug is now columbia as most important exports. But in recent times, a new trend has emerged. While coca production is booming, many farmers are having trouble finding buyers. The reason over production, the de franco, my name is with the front cover and i work in agriculture. But im a service woman. The income i earned from coca allows me and my family to get what we need to live. Only the essential so i could see him go. Coca, why do i grow coca the rep . As simple as he got that tomb boat is known for being very large and remote in some way. You are far away from the main roads and highways, and that will be a kind of a bad. Its much easier to transport 10 kilos of co pays out of via which fits into a small back. If you all know th
Demanding that the government stop arms exports to israel plus in the ethics election is under way. It is a 45. 00 day multi phase process. Are corresponded is on the campaign trail, criss crossing the country and well have the latest for you the on the call, for least welcome to the show you a secretary of state antony blanket has met with china as president on the 3rd and final day of a visit fraud with tensions. The 2 nations disagree on a range of issues from ukraine to join us territorial claims. But blinking stress to that, it was crucial for washington and beijing to maintain open channels of communication to rival powers, try to find common ground. China as president , choosing being welcomed us secretary of state antony blinking in beijing. Despite core differences on trade, security and geo politics, she expressed hope for the future. China is willing to see a confident and open us with prosperity and development. It is hoped that the us can also look at chinas development po