Lows. And wells fargo shares under pressure. Ceo john stumpf, well take you live to washington for the latest details. Duncan donuts is teaming up with cocacola. Nigel travis is in the house and will be joining us here to talk about the news and what some are calling a restaurant recession. Get his view of the big picture in his industry coming up in a little while. Deutsche bank falling on signs that some of the counter parties are reducing exposure to europes largest investment bank. Joining us now with more on this, cnbc fast money trader brian kelly. We have kate kelly and senior markets commentator mike santoli. It started around mid day when word got out that these hedgefunds were cutting back on their Counter Party relationship. The report just to review was internal document suggesting that a bunch of hedgefunds reduced they are relationship there. And essentially this highlights concerns about Deutsche Banks Overall Health and whether it is the right place for hedgefunds to st
Thats what im saying. And i think what were going to see happen, although its so remarkable and im not endorsing his candidacy, is trump is going to ride his way into the white house on a populist wave of anger at our government. And what does the market do if that happens . Goes straight up. You think it goes straight up. Yes, sir. And ill tell you why. He wants to solve the problems that we really have here in terms of straightening out the tax code which i think is a big holdback on these equity markets right now. It doesnt let our companies compete. I think well get a mandate in there, and look, im not endorsing the candidacy here. Im just saying whats going to happen. Well, as an investor you sort of are. Look at it this way. Im going long the anti hillary. Im putting up positions of biotech and phrma, because i think shes going to lose. All right. Im not quite in agreement with kevin. Ive got to disagree. First off, if trump gets elected youve got a real wild card in what has to
Activist attack on wall street. This time, United Airlines. Two hedge funds with stakes in united announcing they think the board stinks and they want its own birthdays. What is interesting im looking a the release from par capital and all item meter capital. They own united shares. And they say say we are not shortterm traders nor are we activists. Yeah, right. They are active right now on getting six people onto the board. Including Continental Capital gordon buffoon. There are not people who will argue that united lagged its competitors. Its performance over the last five years, it has been underperforming relative to its competitors. By the way what you are looking at right there those are members of a Teamsters Union protesting out the jp Morgan Transportation Conference Today where the cfo for United Airlines was giving a presentation to analysts. Here is lebeau talking about the Management Team performing woef woefully. If in a horse race and you are in fourth place you are not.
Women on the stage have more ideas, more commonsense than every participant the democratic debate. That debate reflected a debate between amy we will air highlights from the debate and speak to four guests Pulitzer Prize winning journalist david cay johnson, the nations john nichols, new republic editor jamil smith and imani gandy of rh reality check. And we will look at Wisconsin Republican congressman paul ryan who is set to become the 62nd speaker of the house today. All of that and more coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. Republican president ial candidates faced off at their third debate wednesday night in boulder, colorado. This is the first debate since retired neurosurgeon ben carson pulled ahead of business mogul donald trump in the polls. The pairs frontrunner status prompted Ohio Governor john kasich to warn that republicans are on the verge of picking a nominee who cannot do this job. Well have more on the debat
Third debate attacking each , other, the media and their , democratic challengers. Let me be clear, the men and women on the stage have more ideas, more commonsense than every participant the democratic debate. That debate reflected a debate between amy we will air highlights from the debate and speak to four guests Pulitzer Prize winning journalist david cay johnson, the nations john nichols, new republic editor jamil smith and imani gandy of rh reality check. And we will look at Wisconsin Republican congressman paul ryan who is set to become the 62nd speaker of the house today. All of that and more coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. Republican president ial candidates faced off at their third debate wednesday night in boulder, colorado. This is the first debate since retired neurosurgeon ben carson pulled ahead of business mogul donald trump in the polls. The pairs frontrunner status prompted Ohio Governor john kasich to