A couple people asked me what was going to happen, said, hey, cramer, booyah, is this thing for real now . I mean, are we really in trouble . I knew right then wed have a nasty selloff and we did, dow sinking 137 points, s p giving up. 90 . Nasdaq plunging. I knew it because the politicians have finally been able to create enough concern in enough people that its being chatted about in the street. Now it is ironic and tragic and sad that washington was also the scene of a real life and death drama today. Im talking about the artificial one created by the politicians. Both sides have started accomplishing what i perceive as their actual goal, which is to embarrass each other, stigmatize each other, make us feel the other side has a reason to worry about being reelected. Our savings are also affected by the debate in washington. One side, the other side or both are able to paralyze us with enough fear and truly hurt us with the collateral damage. Well, we havent really cared about it. Bu
Congress you are now screwing up this fiscal cliff stuff royally with your hard line positions and your ridiculous protestations that you cant compromise. Heres why. We are close, very close right now, within our grasps, to becoming the leader of the world when it comes to technology, innovation, natural resources, and finance. You are the only thing standing in our way. You are our ball and you are our chain. We saw glimmers of it today. Like today dow rallies 40 points, s p gained. 33 , nasdaq. 52 . Whether its the ceos of the biggest of the big,or the smallest of the small. Tonights guest of Lumber Liquidators, the intransigence the meanspirited debates, the pledge is not to raise taxes, its costing this nation a once in a lifetime opportunity to reassert itself as the leader of the free world. And faster growing the repressive communist world to boot. Your inability to give us a deal, any deal is crushing our economy. Allow me to explain. Since i read jimcramer on twitter, people s
We are close, very close right now, within our grasps, to becoming the leader of the world when it comes to technology, innovation, natural resources, and finance. You are the only thing standing in our way. You are our ball and you are our chain. We saw glimmers of it today. Like today dow rallies 40 points, s p gained. 33 , nasdaq. 52 . Whether its the ceos of the biggest of the big,or the smallest of the small. Tonights guest of Lumber Liquidators, the intransigence the meanspirited debates, the pledge is not to raise taxes, its costing this nation a once in a lifetime opportunity to reassert itself as the leader of the free world. And faster growing the repressive communist world to boot. Your inability to give us a deal, any deal is crushing our economy. Allow me to explain. Since i read jimcramer on twitter, people say im biased. I believe that the compromise which all the common sense people are looking for, some combination of spending cuts, higher taxes and progrowth initiativ
Backfired. Breaking news tonight. A federal judge has struck down michigans ban on samesex marriage. The detroit judge ruled that it rye late the 14,911 amendmenvio. Libby, the judges decision comes two weeks after this trial wrapped up, and its a huge major victory for gay rights activists. There have been clerks offices all across this area that have been preparing for this ruling, and theyre expecting long lines come money from gays and lesbians seeking marriage licenses. Now this is a case where the state argued that an union should be between man and woman, and they said the state said that the vote by voters back i in 2004 supported this theory. They brought quite a few experts to plead their case. This is a case centered on two women, a lesbian couple. They tried to adopt each other children, but this ban prevented them from doing that, but now they have the green light. Hour the state plans to appeal. Bisi onileere, thank you so much. With two signatures the divide between russ
What sells new . All of those stories and much more coming up on the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. Were live here at 7 00 p. M. Eastern and 4 00 p. M. Pacific. Were going from ukraine to yellen and an actionpacked week. Seema mody is joining me. Good evening. Good evening. Today the s p 500 hit a record high earlier this morning but gains soon evaporated as money was taken off the table. Dow jones industrial off 28 points. The s p 500 and dow were able to eek out a gain for the week. Gold losing ground. Financials one of the best performing sectors this week. The latest Bank Stress Tests were seen as encouraging while Health Care Stocks underperformed. Particularly those biotech names all down today. Traders say this could be the start of a larger sellout after what was a monstrous run for the biotech index now, tiffany reporting sales that came in below estimates and nike topped earnings estimates. Larry, thats why the stock ended down on