I guess investors liked what they saw the dow is going to be up what maybe 80 points after whopping great gang in last two days same story with the s p up about a third of one percent. The nasdaq is going to be up a quarter of one percent. As of now by the way all three within a breath all time record highs. The political news of the day, my opinion good news for democrats howard shuttle starbucks billionaire will not run for the presidency so antitrump volt will not be split and it will be a straightforward election between mr. Trump and the left. On todays show is america the best performing economy . Will the market hit new highs were very close and yes, larry kudlow with the view from the white house. Varney company is about to begin. Yes we will have more on jobs report in just a moment hold on few birse former starbucks ceo howard shuttle will not run for the presidency he had a statement what did he say . Here request this is what he said, quote, not enough people today are will
There are concerns over lower Interest Rates, that did dampen profits, but that certainly helped markets overall trade up. Joining me now to look back and ahead is the founder of pointview Wealth Management and the president , david dietz with 400 million in assets under management. Its great to have you. This week i feel like it was a lot about the Federal Reserve. On friday you had the president of the new york fed saying, what did he say, lets prevent an ounce of prevention is better than getting behind. So he was advocating a 50 basis point cut in the rate from the fed in two weeks. Whats your take on what went on this week . Well, certainly, i think the fed is the number one story, of course, despite it was the start of earnings week, and the question is will they or wont they next week in terms of a rate cut, and if they do, how much. Were kind of getting baked in for a quarter point cut, but then, you know, williams came out yesterday and talked about when you have very little g
Interest rates, that did dampen profits, but that certainly helped markets overall trade up. Joining me now to look back and ahead is the founder of pointview Wealth Management and the president , david dietz with 400 million in assets under management. Its great to have you. This week i feel like it was a lot about the Federal Reserve. On friday you had the president of the new york fed saying, what did he say, lets prevent an ounce of prevention is better than getting behind. So he was advocating a 50 basis point cut in the rate from the fed in two weeks. Whats your take on what went on this week . Well, certainly, i think the fed is the number one story, of course, despite it was the start of earnings week, and the question is will they or wont they next week in terms of a rate cut, and if they do, how much. Were kind of getting baked in for a quarter point cut, but then, you know, williams came out yesterday and talked about when you have very little gun powder, use it off quickly.
There are concerns over lower Interest Rates, that did dampen profits, but that certainly helped markets overall trade up. Joining me now to look back and ahead is the founder of pointview Wealth Management and the president , david dietz with 400 million in assets under management. Its great to have you. This week i feel like it was a lot about the Federal Reserve. On friday you had the president of the new york fed saying, what did he say, lets prevent an ounce of prevention is better than getting behind. So he was advocating a 50 basis point cut in the rate from the fed in two weeks. Whats your take on what went on this week . Well, certainly, i think the fed is the number one story, of course, despite it was the start of earnings week, and the question is will they or wont they next week in terms of a rate cut, and if they do, how much. Were kind of getting baked in for a quarter point cut, but then, you know, williams came out yesterday and talked about when you have very little g
Interest rates, that did dampen profits, but that certainly helped markets overall trade up. Joining me now to look back and ahead is the founder of pointview Wealth Management and the president , david dietz with 400 million in assets under management. Its great to have you. This week i feel like it was a lot about the Federal Reserve. On friday you had the president of the new york fed saying, what did he say, lets prevent an ounce of prevention is better than getting behind. So he was advocating a 50 basis point cut in the rate from the fed in two weeks. Whats your take on what went on this week . Well, certainly, i think the fed is the number one story, of course, despite it was the start of earnings week, and the question is will they or wont they next week in terms of a rate cut, and if they do, how much. Were kind of getting baked in for a quarter point cut, but then, you know, williams came out yesterday and talked about when you have very little gun powder, use it off quickly.