S p indicated down about 4. 5 looks like the 10year is yielding below 1. 6 . 1. 549 well talk about what china did. Loan rates there dropping as the company tries to take on the impact of the coronavirus. Lets get an update now on the coronavirus. The people on the ship, a couple of people did die from the coronavirus. China as we heard cutting its benchmark lending rate that was expected. Authorities looking to boost the market unfortunately, two passengers from the diamond princess cruise have died. The first reported deaths in connection with the ship which was quarantined off the coast of japan nearly two weeks china is again, changing the criteria of confirmed cases adding confusion to tracking going up or down and whether weve seen a peak or close to a peak l brands reportedly selling shares of victorias sek receipt valuing that brand just over 1 billion. This had been expected that theyd pay for it. L brands chairman and ceo will step down as part of the deal but remain on the b
Lemonis my job is to help this owner appreciate his staff. This isnt gonna go anywhere good. Hayden its not. Lemonis . And rethink his process. If we dont fix this, this business is gonna go nowhere. Im Marcus Lemonis, and i risk my own money to help businesses. I love investing in american businesses. Woman these people are here because they care. Lemonis its not always easy, but i do it to create jobs and i do it to make money. Do we have a deal . Lets rock and roll. This is the profit. So, i received an application from a company in georgia that has a cooler business. Its called polar bear coolers. The overall cooler business has exploded, and particularly the highend cooler business cause people want to invest in something and hold it forever. And the softsided cooler business is a fastgrowing category. Now i love tailgating and i love the outdoors, and so it fits nicely into my portfolio. [ rock music plays ] hayden hello. Lemonis whats that music . Hayden you didnt know how you d
Lemonis my job is to help this owner appreciate his staff. This isnt gonna go anywhere good. Hayden its not. Lemonis . And rethink his process. If we dont fix this, this business is gonna go nowhere. Im Marcus Lemonis, and i risk my own money to help businesses. I love investing in american businesses. Woman these people are here because they care. Lemonis its not always easy, but i do it to create jobs and i do it to make money. Do we have a deal . Lets rock and roll. This is the profit. So, i received an application from a company in georgia that has a cooler business. Its called polar bear coolers. The overall cooler business has exploded, and particularly the highend cooler business cause people want to invest in something and hold it forever. And the softsided cooler business is a fastgrowing category. Now i love tailgating and i love the outdoors, and so it fits nicely into my portfolio. [ rock music plays ] hayden hello. Lemonis whats that music . Hayden you didnt know how you d
The s p 500 by the way is having its best year since 2013 we do have a if you more trading days left in the year and you can still notch the best year since 97. Well see where things shake out but people are already apparently going for the egg nog. Trading was little light, as they say down here today certain lay different tone from last years Christmas Eve joining us to talk about the markets. The senior Portfolio Manager paul hickey, cofounder of the Investment Group and the Portfolio Manager. Great to see you all ill start with you. What do you make of todays Market Reaction . Yeah. Just light volume. I do think this year were in a complete market meltup. Kind of an interesting time where things can get a little bioverdone and i would be kind of cautious here and look to maybe take some profits and sell some of those names in the portfolio. It might be overvalued here. And i would understand if you think that you do get some selling once you turn the calendar over. People dont want
You dont how to treat people. Andrew oh, yeah, i do. Lemonis no. But today, im a proud partner in over a dozen companies. Stephanie whoo lemonis tonight, im gonna tell you how they do it my best deals, my worst deals. Steve id rather be in more debt than have you running my company. Lemonis this is the profit a progress report. My name is Marcus Lemonis. Change is difficult. And over the last 18 months, ive introduced you to 23 Small Businesses across this country, many of them in pretty bad shape. This is a bad scenario. Woman we dont have the money to pay them. Larissa just everything all the bills and everything thats just been piling up. Its just so much. Lemonis thats fine. And i fix failing businesses. Its been an interesting journey. Well, this looks a lot better in here. A tough one. I took you at your word gary bull[bleep] lemonis cause when each episode ends, my work is just beginning. There you go. To date, ive invested almost 20 million of my own money to help these Small B