So lovely to get a chance to interview you on a book i found a fantastic. I read it voraciously i think in one long sitting and found it absolutely fascinating. And my first question to you is how in the world we able to write this so quickly . You reference things that just happened in april, may and the book just came out. Guest thank you so much. Great to speak with you. Im glad you enjoyed the book. It was a bit of a frenzy, writing this book. I usually take about five years to write books. Thats been my average. I published a new book about every seven years. I give myself a little break, but 54 years. This book, i just wanted to get it out as quickly as possible. Though i couple of chapters in the book that are focused on what we should expect if there is a crisis in the United States, if theres an economic crisis or a major security crisis and i felt so passionately that there needed to be some political Disaster Preparedness among progressives that i just wrote at the speed i f
Dark in there. Lets start right into the game plan, since weve got so many Big Companies reporting. Bank of america. They have cost shareholders little but grief. The fed needs them the most to get going. It cant make as much money unless the fed raises rates. Will they surprise us . Perhaps. But bank of america is no j. P. Morgan. After the bell ibm reports stocks have been on a fabulous tear. Ibm has reported disappointing earnings for three straight years thats an incredibly long losing street. Watson is real, but the good news has not been able to trump the bad news of the older legacy business getting weaker. Thats the problem. After the last quarter, i thought the stock had come down enough to finally tell you to buy it and it would bounce. It has room to grow. Two more very Controversial Companies come after the close on monday. Its netflix and yahoo. The former acts like death. Its in the penalty box. Nobodys expecting much this time around. Thats a positive. I think the market
Biggest democracy in south america . And kenyan athletes getting ready for the olympics, but it could be in vain because the team could be banned. We will tell you why. Anchor good to have you with us. Two men, one party, and a lot of maybes. On thursday, the two most powerful men in the Republican Party met for the first time. President ial frontrunner, donald trump, and house speaker, paul ryan. After they rendezvous, paul ryan said he was encouraged by what he heard from the businessman and that the meeting had been productive. But he stopped short of offering support to the nominee. He says it is the beginning of a process that will take time. An interesting way to describe it. We will talk to Richard Walker who has been following the story. Good afternoon. We have two interesting characters. Paul ryan, donald trump, can we even say that they began to build a bridge to each other today . Reporter that is the message they have been trying to get across. They are different people, pa
The Federal Reserve is putting itself on hold. C p lets not talk about rate hikes. Developing. Themselves which leaves earn ings. Veve thats the strong suit around here on mad money. Bottoms up analysis. Look what managers have been able to achieve despite slowing growth, a weaker overseas market and a bizarre down shift in Consumer Spending for many items, particularly fashion and apparel. Avit even as the consumer has more spare change in the pocket thanks to better employment and cheaper gas. With that in mind lets go to the game plan for next week. Monday starts with a company thats been in the crosshairs of washington. Om not for fundamentals. Thats allergan. Almost all candidates want prices down and mergers that s lower taxes like the deal that the foreign domicile is doing with pfizer which will result in an entity that can give itself a america. Allegan is a jersey company. New, not the island of. My Charitable Trust at action owners plus. Com has a significant position and th
Final campaigning is underway in New Hampshire in the last day before voting kicks off. Uber, france issues a new report on Controversial Companies and says they must pay their fair share. We will have the details for you. Areions across china celebrating the year of the monkey as the Lunar New Year gets underway. First, our top stories from paris. We will start in syria where a government push to retake the largest government city has forced tens of thousands of people from their homes. They are running from bombs from russian planes that are backing the government offensive. Thousands of people are stranded on the border with turkey. Eight agencies are saying the situation is becoming desperate. Story 24 is covering the on the turkish side. Somee, you were talking to of the people stuck over the border in syria, many of whom have been there for four days. What have they been saying to you . Sophie some of them are starting to be angry. They have been there for three or four days, esc