Events at issue in this case i asked her what trump is going through right now, look, it just really sucks to be in court to be a defendant. It is just one of the stressful things you could possibly go through and of course trump being who he is, everything takes on an extraordinary nature. But for anyone to be in that seat, its one of the worst things you can go through and your entire life david, i think really importantly, we should note here for people who may say, why is this guy testifying and revealing all this information . He has an Immunity Agreement prevent exactly with the government. So hes been involved, if interestingly, going back to about approximately 2017 he has been involved in these investigations into whether this was criminal conduct, these Hush Money Payments. This was first something that was primarily investigated at the federal level or the manhattan district attorney, the state investigation took took a little bit of backseat as they often do when youre deal
Companies bring the upside surprise but not this time. We heard from chevron and exxonmobil. We saw the profit declined 52 from one year ago it fell 4. 5 with the new lowrent a 4. 8 to the new low as well. But the S P Energy Sector fell to present as well whole from a type of significant gains. Theyre all down almost 5 so energy was the story of the daytoday. Here as we a wrap up the month. So seeing the Falling Energy prices. Indeed. As far as the Bigger Picture what else contributed to sentiment . All of the volatility stemming from the rest credito crisis, and the Chinese Market crashing a couple of weeks ago. The growth patterns and the ripple effect. With a very mixed bed of reports but we did close out with gains with the dow is up and the nasdaq will be the top performer of the gain of 2. 8 for the month. The jobs report as of friday with more earnings and we do have a couple of Dozen Companies reporting as well. Joining me from the floor of the new york stock exchange. Weinstoc
Expand its food and private lines. Why dick lowe said i have to focus on my job. That wide owning trade dove sit. As we head into the last trading session of may, stocks on track to finish the month in the green led by the nasdaq up 3. 2 . S p up 0. 6 . The transports still in correction territory. The transports really are terrible tale of things. Bank of america downgraded some of the great truckers. Commerce is not doing as well. When i looked at that gdp report, first reaction was how much does the fed have to cut . Of course the reaction from all these people is i guess the fed has to tighten. It is funny to see the weakness throughout. I had Union Pacific on mad money earlier this week. Every line item is down. Commerce is not happening in the country. Biggest trade gap in 30 years because of that dollar. What is incredible everyone felt once we had oil to the point we wouldnt need to import as much oil, that would change the balance. No. There is a lot of negative. The june swoo
After the financial crisis, five long years and were still a nation wary of the stock market. For more on the survey greg mcbride which released the survey. Greg, welcome back to the show. These numbers amazing. This is the major finding in my estimation. Are you more or less likely to invest in the stock market you asked america. Less likely was the answer from 73 of folks. Why do you think people are so gunshy . Gerri, weve seen this three years running. We conducted this poll three years in a row. The numbers are consistent, 73 this year. 76 last year as well as 2012. Look, i think the reason really boils down to this, for so many individual investors the wounds of the 2008 financial crisis are still pretty fresh. Keeping in mind that wasnt the first time a lot of them got burned. They loss got burned in the they can bust. After 2008 they swore off stocks, even now with the market hitting new highs they have not come in. Gerri greg, were in the fifth year after bull market. If you i
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