It is a safe haven trade and commodities. David the president is getting out of town, traveling for nine days to five cities in four countries. Marty. I want to start with what the president said, he was going to bloomberg best during the slot. Yesterday, when he was at the News Conference with the present of columbia, he was talking about the investigation. Marco rubio came out and said he thinks the president is entitled to his opinion it, but we are a country of laws. Are they having doubts about whats going on in the white house question about marty there has been a powershift that has been enabled by the chaos that has ensued in this presidency. The establishment in washington, the people who make the government run have taken the upper hand and are the special counsel gives republicans cover to assert him selves and set their own agenda. David as the president goes around europe, as he tries to seize back some feedback. Marty they have planned this trip. Staff is notts shown a tr
Principle dilemma of the market. What do you do if the conventional wisdom that washington cant accomplish anything is correct . Trump stump. What do you do if president trumps tax reform plans are really dead on arrival in congress . Like most of the media seems to have concluded. Even as the president tweets everything is ahead of schedule. Well, you know what you do . You end up buying stocks like amazon, thats what you do. Why amazon . It might sting when the stock, because it touched 1,000 today and it has become a storied component of the era of single okay greatness as opposed to single stock risk, so many firms say you should be scared of. Kind of, well, yeah. It is not all the magic number 1,000. Remember, amazon is the ultimate nontrump stock. Trump free zone. What does trump stand for . First, lower corporate taxes. But tax reform doesnt mean that much to amazon. Since the company could decide tomorrow that it doesnt want to show any profits for the next couple of years beca
Nasdaq gaining 0. 67 even as two of the most sectors out there, autos and retail, just cant get out of their own way . How is this even possible . Look, it makes sense to be concerned. The United States, after all, is a service economy, with much of it revolving around what we purchase today was another reminder as we see whole portions of the auto sector, just getting obliterated sell sell sell. With the retailers once again on the ropes the papers, the papers are filled with the dramatic decline in auto sales year over year the house of pain thats historically been a terrible sign for the broader economy. Today we get the complete collapse of the auto parts retailers. Led by the unfortunate Oreilly Automotive really oreilly a very Reliable Company where theyve given you 1. 7 samestore sales growth. Thats down from the 3 to 5 Growth Management had been forecasting. It caused the company to announce their earnings and drove the stock down 19 today we got a real domino effect sell sell
Bmw denies admissions test cheating. Could merkel be forced to take a stand . Matt less than a halfhour to the european open. Take a look at how futures are trading after a down week last week. We are seeing a slight gain for stocks, futures. You see gains on the ibex in spain. You see gains on futures in stockholm. The futures are all trading down right now. As far as what we can see right now, i have the threeday yield can on my terminal so you see we have come down over the last three days to your. 515. We are looking at slight gains this morning. Tradersould continue as selloff debt. We will wait for the trading day. A snapshot of various asset classes. The standout compared to normal levels of trading. We saw stocks declined to the lowest levels in 10 days. Carmakers to the worst in more than a year. I hope currencies with mixed performances get the u. S. Dollar in there. The yen is up for a fifth day. Riskse of a host of event over the United States, we have the fed amazing and w
They played a slide show of the little victims and just various pictures of them and they were just so tiny, and it was so sad. And i remember seeing a teacher start to cry and i remember seeing a little kid next to her just grab her happened and squeeze it her hand and squeeze it. It was just one of those moments that you just never forget. Thank you. [applause] youre watching booktv on cspan2 with top nonfiction books and authors every weekend. Booktv, television for serious readers. And this weekend on booktv on after words, Nelson Dennis talks about the history of puerto rico and its turbulent relationship with the United States. Historian h. W. Brands recounts the life and political career of americas 40th president , ronald reagan. Mark steyn takes a critical look at the evidence offered by the Scientific Community on Climate Change, and books on digital music, the National Debt bedbugs, the history of the Confederate Flag and much more. For a complete Television Schedule visit b