I feel good about it. Steph and i talked before the show ive tried to be cute at times, did in the beginning of september, if you remember i thought the market had a lot to overcome from a trading standpoint you have put a small position on, but listen, this is a market that punish eds you. You need to get out quickly to see where we are today i love whats going on with technology the software play is the play that i have. Its the the three big names. Its microsoft, its s. A. P. , its red hot, and im not looking to get out of any of them. Steph, you know, we mentioned mike wilson who is the the gentleman we were alluding to at the very top of the show i of Morgan Stanley. Sat right here hat the desk recently saying theres greater risk of a correction than hes seen in a while. Points to the Balance Sheet reduction from the fed uncertainty around the next fed share. Negotiations on text legislation. Counter trend dollar rallies is he wrong . Those are all real risks, no. For sure, and i
Hey, blake. Reporter neil, full Cabinet Meeting at the white house on going. Several members of media were allowed in. President made very brief comments off the top. Let me tick through some of the items. The president says the iran deal, termination of the iran deal is very real possibility. He went on to hit the cost of Prescription Drug prices saying they are quote, out of control. Saying that the Drug Companies, quote, are frankly getting away with murder. He talked about reducing government spending. Of the wants to look into the possibility of tackling welfare reform as well, saying that is something, quote, we are looking very, very strongly there for at welfare reform. You have the meeting going on right now with the president. All of his cabinet, here at the white house. We expect that tape to come out. Im sure you will play it here momentarily. After that, in about half an hour from now, is the big powwow as well, separate one, between the president , and Vice President mike
Pres. Trump thank you very much. We are here to discuss critical domestic was the issues. I would like to provide you with an update as to how we are doing for the American People. We are doing a lot of great things. The Unemployment Rate is at an almost 17europe low. Record levels. We just did another new high on friday and i think we had another new high today because there is tremendous opportunism country. Sm and our phenomenal. I think we will do very well. Something will have to be taken up because of the tremendous problems of the massive hurricanes that we had to endure and now i guess you can probably at the wildfires in california. At the economy cannot take off like it really has the intention to do a must we reduce the tax burden on the families, businesses, and workers of our country and we will be able to do that. Think were getting tremendous receptivity from the people and i hope we get the same tremendous receptivity from congress. Were getting tremendous accolades for
Looking at welfare reform because of people taking advantage of the system. He also addressed health care, immigration, the Iran Nuclear Agreement and the federal response to wildfires in california. This is just over 15 minutes. Pres. Trump thank you very much. Today we are here to discuss at the Cabinet Meeting critical domestic issues. I would like to provide you with an update as to how we are doing for the American People. We are doing a lot of great things. The Unemployment Rate is at an almost 17year low. Record levels. We just did another new high on friday and i think we had another new high today because there is tremendous optimism in our country. Phenomenal. I think we will do very well. Something will have to be taken up because of the tremendous problems of the massive hurricanes that we had to endure and now i guess you can probably at the wildfires in california. But the economy cannot take off like it really has the intention to do a must we reduce the tax burden on th
Stand. [applause] so get your knees and your legs ready for standing. Now, we are moments away from the president of the United States speaking to you, the heritage people and the american people. And to do that in the spirit of Great American music, please turn your attention to the friends,tage, with our. [applause] [battle hymn of the republic playing] [piano music] ladies and gentlemen we will begin this event with a special tribute to our great nation. Please rise. [flag ceremony] please welcome to the stage a member of the heritage team, for they singing of the National Anthem are. [applause] o say, can you see . Light, whats early so proudly we hailed at the twilights last gleaming. Whose broad stripes and bright stars through the perilous fight oer the ramparts we watched . Were so gallantly streaming. Red glareckets the bombs bursting in air through the night, that our flag was still there o say does that starspangled banner yet wave . Free, andand of the the home of the brave