With aerial investments. Good morning to you both charles, ill start with you tech stocks have had a very strong start to the year can that continue . Well, full disclosure, ive been skeptical of these stocks for a long time and ive been wrong. And i think there are a couple of reasons that i cam concerned the first is theyve been drive higher the s p is dominated by these large companies. As more money goes into the s p and index funds, these funds buy these stocks for no fundamental reason i do worry if theres a reversal in those flows, these stocks will be hit hard the second thing i worry about is regulation. Theres almost nothing that republicans and democrats agree on the one thing they do agree on is that Big Tech Companies have too much power i think theres a real risk of regulatory pressure. Were going to dig into that a little bit more, im sure. Walter, if you look at whats been the best performer in the dow so far to start this week, its been apple. How much of that is relat
Package for elon musk if he hits some key benchmark netflix is opening at an all time high. Hastin hastings last night on the earnings call. As long as we are able to continue which we can measure in viewing hours and things like that and asking our customers to help us fund that at higher levels as reasonable if we want to gain relative values for the customers then we would not be changing prices domestic better, q 1 guidance is better. Margin growth, they give it to the critics who gave bright the hard time that was the best part of the call Pay Attention to google trends and rotten tomatoes. It was all about notion of commercials verses statistics. They use a nice blend of algorithm deciding whether you like it and decide whether it appeals to you and not to the mask concer towards the Conference Call, theyre talking about 5 millions to the max mere. One of the things thats incredible was they talked about bright. It did well in the u. S. But it is the rest of the world they have a
Higher in afterhours trade. Shake shack also sizzling in extended trade. The burger chain posting stronger than expected 13 rise in samestore sales, thanks to the return of customer favorite crinkle fries. Lets bring you the german zedd aug zew numbers, august is up from 63. 9 in july, ahead of the forecast which was 64. 7. We also have the Economic Expectations, which has come in below. Its come in at 25. 0, down from 29. 7 and below expectation of 32. So, Current Conditions better than expected, Economic Expectations slightly worse than expected. As you can see, euro dollar 1. 1036 today. Its up about 20 basis points and hasnt really moved too much off the back of this zew reading. We did see a massive rally on wall street overnight. Lets look at how its looking this tuesday. The focus now does turn to the u. S. Retail sales number, which comes in tomorrow. The health of the consumer, of course, will be a topic of discussion. In the meantime, were looking at the dow right now down ab
Baum or our allies will be met with a massive military response, a response both effective and overwhelming. Maria President Trump takes aim at china over its trade ties with north korea appeared to follow up this morning. Global market actions look like this this morning. Tensions rising, futures indicate markets will open lower. Dow industrial down 50 points a quarter of a percent lower. In europe checking averages, checking averages come against acrosstheboard the board, dx and germany 40 right now. In asia overnight, the stocks took a cue from some volatility last week at the end of last week amid the uncertainty and north korea. The nikkei average down as was the kospi. Shanghai in china up a fraction. Hurricane irma, powerful category four storm. States of emergency already declared in the nfl now considering moving the Miami Dolphins opening game. The floodwaters with hot arriving. Houston Police Department honors one of its owner died during the storm. And into a cube on the ai
Lake mills, wisconsin. Many of the questions focused on republican efforts to repeal and replace the Affordable Care. This runs an hour and a half. Coming. You all for state representative joe cleavage is here to listen to your questions state ch issentative joel kleefis here to listen to your questions and i want to do the same on the national level. I want to publicly thank the city for its cooperation in setting up this meeting and also local Law Enforcement officials for their service this evening. I appreciate the opportunity to hear your concerns. In fact, this is the 78th Public Meeting ive held since january. You probably know some of these meetings have become very contentious. I want to be sure to review the rules that we need to adhere to so that we have an orderly environment in which to exchange ideas. First, i ask all of you to sign in with my staff. If you would like an opportunity to speak, you need to check the speaking box that appears in the signin slips, that way i