Evening, everybody. Sue is off tonight. Stocks again close at record levels. Well get to that shortly. First, another shoe hashe dropp inongoing crisis involving boeings grounded 737 max, and this te it fel in the companys c suite. Ceo Dennis Muilenburgs out immediately. Chan David Calhoun will take over next month and investors reacted positively to that news sending shas higher 3 . Phil lebeau has been following this. Why now . Reporter bill, i thiwo there were things that had happened within the last month that the board of directors ounally said,. We have to make a change. The first one being thatbu denn muil was called to washington, d. C. , and he was essentiallyressed down by the head of the faa. Theead of the faa said you dont make demands. We call the shots as to when this plane is safe anddy r to return to the air. That was a very public meeting. Maybe the meeelng i wasnt public but it was a dressing down. Ceos rarely he that happen. The second thing happened four days later
An example. The resistance of regions. In theyve established in autonomy defended in attorney amidst this right wing u. S. Sponsored cool in bolivia who governments not only unpopular in chip body its unpopular across libya because it does not represent the 99. 9 percent of libya and only represents a smaller stratum of the leats process alleviate. Other regions there is resistance a lot of repression its refreshing to read more resistance because. Thirsty to invade and occupy fighting for as of right now the supporting police and military have no control theyve been kicked out of people who. Self determining. Thats just a snapshot of so many more stories weve got lined up he keeps me the dot com. Plus including as well the exclusive morans the chief Foreign Policy adviser speaking about ongoing issues between iran and the u. S. Over the sanctions much more than these on the plane crashes were covering r. T. Dot com and check out social media for the as well its 32 minutes past 9 in th
All that and so much more, on making money. The market tip uses its record setting ways this rally this week to continue to roll on nasdac actually giving some back but thats the focal point because the momentum has been absolutely remarkable, cracking 9,000 for the first time ever, and by the way, this is right now, well see how it closes its the longest winning streak for the nasdac compass composite in many years and on that note i want to bring in 34 years matter of fact people are saying could this be november 1999 or march of 2000 because many wonder what could take this index and the overall market higher here to answer those questions, Wealth Management cio, fox business contributor scott martin so let me lay it out for the folks so we know what were talking about here. The milestones for the nasdac, it took three years ago from 1,000 to 2,000 and it only took one year to go from 2,000 to 3,000 one month to go from 3,000 to 4,000 just four months ago from 4,000 to 5,000 and gue
Guy johnson in london. Lets get the first word news. China is on a mission to create an Aircraft Carriersized investment bank. They are opening up 45 trillion financial industry would also wants to beef up its own players to go toe to tell giants. At the moment chinas brokers dont have much of an international presence. Adding together the 131 brokers have about as many assets as Goldman Sachs by itself. Germany expects the nord stream 2 two gas pipeline to be delayed but it should be completed in the second half of next year. Costs are rising after sanctions u. S. Sanctions on the project. Of japan and south korea are holding their first formal meeting in 15 months amid a longstanding historical dispute that hit trade in the region. It also had a trilateral meeting between the three. Theyve reached International Cooperation on dealing with north korea. 2019 has been a good year for the superrich. Almostrichest man added 17 billion to his wealth this year. Over 11 billion. , bernard,nn
It is a tradition, right im trying to advertise this shirt i bought years ago one day a year i get to use it i go year off, year on i have a tie i sometimes do. Tartan, what is the pronunciation we good with hes got the tartan each one means something a family or a clan well make up a story give him a couple of scotches you are an irishman, not a scott, right a quick shout out to dean and the whole crew that put that together, which is awesome every year, it is so fun. Every year. Shall we lets get it going. Why dont we start with the markets. The markets are at alltime highs. The dow closer higher yesterday. All three major averages closing with record closings more on boeing in the show the trading day is shortened so everybody can go out and panic shop and panic wrap. Market closing at 1 00 eastern and the bond market at 2 00 p. M. Eastern. The bond market ever a fraction higher any gain, whatever it is is going to be a new record look at the banner, the nasdaq winning streak now th