About. Serve eagerly anticipating why . When the vast majority of investors agree something is going to happen that, is priced into the stock market. The real economy moves at its own pace, you got to broer money to build out equipment and use that equipment to manufacture goods and wait for the cost to buy them the stock market has no such limitations. Stocks dont travel the speed of light. Well, how about the speed of thought . They come close. So they decide the economy is slowing or speeding up or flat lining stocks start trading like thats the case. Instantaneously. Usually takes some time to build that consensus which is why you rarely see the moves happening all at once. But once the big institutional Portfolio Managers are on the same page about something, you can be confident that its baked into the averages. I say that week. It will happen that week economists take an ivory you to area proech to the discipline. They have models for how the world is supposed to work. Also they
Sleeves for this years show. The chief executive joins me to talk about this class. And brooklyn taylors, the founders discuss their rise from small to big over the next hour. Lets get headlines on carol massar. U. S. Authorities are seeking 10 million from bmp. This is according to people familiar with the matter. An appeal is a to be weeks away. Tyson offered for hell sure. Hillshire. They are said to have removed Morgan Stanley as lead underwriter after learning the bank helped tyson makes the offer. Two days ago pilgrims pride made their own bid. Ford said it is recalling 1. 1 million Sport Utility vehicles to fix sensor electronic flaws. 915,000er recall covers ford escapes. That is a look at your top headlines. Back to you. Foods. S begin with tyson its offer to buy hillshire brands trumps a competing bid from pilgrims pride. Joining me, chris leonard, the author of the meat racket. Akshay, i want to begin with you. What are the Strategic Benefits for tysons to make a bid for hil
This is the latest sign severe Winter Weather did hurt many companies. In the case of abercrombie fitch, it managed to post a narrower than forecast loss. That pushed shares six percent higher. The ceo is working to revive the teens stores. Today is may 29. Or, 529. That is the designation for the most Popular College savings plan. At the end of last year the College Saving plan never said they were nearly 204 billion in 529 plans. We decided to have debate for and against these plans. The chief executive and cofounder of advisor investments says 529s are not the only way to go when it comes to saving for college. Michael conrad, the 529 Program Director at jpmorgan, i want to think we know which side he is on. From jpmorgans perspective, 529 plans are not the only kind of investment that you should be making for college reparation. It is not the only investment. Families have a lot of options. To your point, given those 200 billion in these plans, it has become the premier way to save
Choices. Hollywood. Dont go anywhere. Bret baier has a big exclusive with House Speaker john boehner. Special report is up next. Welcome to washington. Im bret baier. Were coming to you from capitol hill. This is actually House Speaker boehners ceremonial office. First to get you up to date on the top head lines of the day. Jordans government says it is ready to comply with the demand from isis terrorists and release a female prisoner involved in deadly hotel bombings for a jordan pilot. Isis holds a japanese journalist. President obamas pick to be the new attorney general Loretta Lynch is defending the administrations decision to shelter millions of immigrants from deportation even though
they live in the country illegally. She answered questions today from lawmakers. Lynch is in line to succeed the controversial eric holder. House democrats say Hillary Clinton is eager to testify on the benghazi terror attacks representing a change of heart from her defiant appearance in 2013. The re
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