Going down. Look, i have the i have a list in my hands, like senator mccarthy of 54 known stocks in the s p and how they would do inverted the top 20 ive been working on. Three are hurt 17 that win. If everybody decides that theyre going to pay less for every stock because of this, all lose the algorithms are set to make sure all these use our economy is not as uniquely sensitive. These are not exporters that need to have a dollar weaker dollar is just getting stronger. Extraordinary rally in the dollar dont want to see it i struggle to reach a conclusion that this is all bad given the fact that germany had rates for some time and the market is not doing that badly, even though they have an export economy and their dax, real terms, is up even though theyre exporting right to china in and those sales are weak as we see the numbers from china it is not the end of the world or the German Market would be down. No one is asking if it is the end of the world if it is the end of the cycle, ri
A powell boost and metcoin above 11k. And snap snubs social media a blistering ped about facebook and spread of fake news. And amazons growing influence, we have an exclusive interview with andy jassy. Stocks are on track for more record high. Boosted by advancement of the tax reform bill to the senate floor. Financials obviously rallied following comments by fed chair nominee Jerome Powell at his confirmation hearing he did say bank rules are tough enough he also got bitcoin surpassing 11k, after breaking 10k about 24 hours ago, jim. Yeah, i know ill get heat on this but even if you believe in bitcoin, the velocity of the move is a sign that its parabolic and parabolic moves dont last and i know that when i look at that i say to myself, okay, if i owned it, what would i really be doing . The answer is when you have that big a gain you have to take profits. That velocity is crazy that velocity is not right. Whos buying this thing some arguments say its people in venezuela that want to
2. 14. Our road map begins with apple and new product announcements. Did we see anything that would move the needle . Plus a big change at j. Crew. Mickey drexel is helping down. New chief executive coming from quest elm. The president taking to twitter ahead of congressional meetings today. Lots of buzz surrounding apples answer to the amazon echo and google home, the new home pod unveiled at apples Worldwide Developers conference. Heres tim cook making the case for that product. We have such a great portable music experience, but what about our homes . We think we can do a lot to make this experience much better. Just like we did with portable music, we want to reinvent home music. Jim, we got the ar kit, we got amazon on apple tv, but home pod really stole all the headlines. I have the logitech music system. I have the Harmon Carden music system and i have the echo. I would tell you that the echo is really great. You can talk to the echo, but i talk to my wife. I dont need to talk t
To get a border wall built walmart and google team up and the latest move for the battle for your money and shares fall in the premarket stocks are on track to open lower the nasdaq avoids a loss for what would have been the first of the year. How much weight did you put into the president s comments in phoenix. Will frost said it best this morning when he was talking on Worldwide Exchange saying that its we discount his rhetoric a little more. He feels that by, i say, later on in the day we will sense that there is a bit of hyperbole to him but were trading off of speeches now and the speech the night before sounded like what we want from a president last nights speech was a little over the top i watched it and i said wow, you know, the election must be imminent theres like a real election coming. Its 3. 5 years away he did say if we have to close down our government were building that wall went on to talk about nafta. We will negotiate nafta or terminate. This is last night in phoeni
Is a threat to democracy . Well, to our system, you know, the assaults on the institutions starting with my own, the Intelligence Community and his characterization of us as nazis. The commentary he has made about the judiciary, and individual judges. The assault on the bureau are examples which are not constructive for our country. General clapper, i appreciate your time. Thank you very much. Thanks for having me. Very tough words from General Clapper there. If you are just joining us now, lets quickly lay out the top story tonight. The riveting testimony, did he make the case for the Obstruction Of Justice . And well get reaction from the
Intelligence Community, and first, dana bash with all the key moments. Reporter the former fbi director under oath and unvarnished, called the president who fired him, a liar. The administration then chose to defame me by saying that the organization was in disarray. That it was poorly led, that the work force had lost confidence in its leaders. Tho