Welcome to e. T. In new york city. Its cold outside but we have someone to keep us warm. The guy who has all the right stuff mr. Joey mcintyre. Good to be here. Thank you. Bring em on. Were hanging tough here. You have a lot going on. Well get to all that. Lets start with some news. Take it away. The ongoing drama between Gabrielle Union and americas got talent. A major theme of all of it seems to be jay lenos guest appearance on the show. Hey, how are you doing, sir . Hey, how are you . Why do you think Gabrielle Union got fired in all seriousness . I love Gabrielle Union. Shes a great girl. I really enjoyed working with her. Shes really good. Was she treated fairly though . I dont know. I dont know, but i think shes a great girl. Leno had nothing but love for gabrielle as he left a comedy club last night. He was also asked about an alleged racially insensitive joke that gabrielle reportedly thought producers should report to hr. The joke, do you regret telling the joke though . This
Welcome to e. T. In new york city. Its cold outside but we have someone to keep us warm. The guy who has all the right stuff mr. Joey mcintyre. Good to be here. Thank you. Bring em on. Were hanging tough here. You have a lot going on. Well get to all that. Lets start with some news. Take it away. The ongoing drama between Gabrielle Union and americas got talent. A major theme of all of it seems to be jay lenos guest appearance on the show. Hey, how are you doing, sir . Hey, how are you . Why do you think Gabrielle Union got fired in all seriousness . I love Gabrielle Union. Shes a great girl. I really enjoyed working with her. Shes really good. Was she treated fairly though . I dont know. I dont know, but i think shes a great girl. Leno had nothing but love for gabrielle as he left a comedy club last night. He was also asked about an alleged racially insensitive joke that gabrielle reportedly thought producers should report to hr. The joke, do you regret telling the joke though . This
Operation twist, where we just had a liquidity dynamics last time i was on we talked about Earnings Growth bottoming and reaccelerating of course the rate of change is what boosts the multiple so were this one of those periods where it should extend not just through end of the year, but into the beginning of next year as well. So if you think about when those rallies stalled out after qe2, that was the point where everyone realized all that liquidity didnt really boost earnings all that much and by then stock prices were ahead of fundamentals but between now and then, i think that the path of least resistance is still higher lets take a quick look at treasury yields. The fed operations is a large part of why. The ten year is yielding 1. 73 and meanwhile Chinese State media, remember on sunday the pro democracy candidate scoring a landslide victory winning almost 90 of the district down can still seats. And now beijing is calling the election a setback for hong kongs Democratic Developm
Points that key level broached 3100 for first time ever. The nasdaq is higher today all three of the major indices are on track for more record closier close closers. President trump said trade deals with china could happen. Eamon is there and has the details. Reporter thats right. The big question going into the speech today was would the president say anything specific about china give us any dates or locations any indication of where this signing ceremony might take place. The answer is no he didnt give us any specials. Here is what he did say. Were the ones that are deciding whether or not we want to make a deal were close. A significant trade one deal with china it would happy it could happen soon we will only accept a deal if its good for the yiet for our workers and great companies. A little vague there on the specifics. The president also really lashing out at some of his critics including democrats on capitol hill and the Federal Reserve. The president saying he wants to see n
Post nine at the New York Stock Exchange Carl Quintanilla is off, jon fortt is on assignment but were going to begin with wework losses balloons to 1. 25 billion in the last quarter. Roger mcnamee joins us, along with Business Inside henry blodget. Good morning roger, i will start with you losses at wework, the turmoil continues. The thing that scarce me about we work, it could be a trigger of other issues in the market it is huge the scale of investing in unicorns that were i think at best unproven, maybe at worst not real businesses is such that as the stuff implodes, it could take softbank with it. Softbank is big enough to trigger all kinds of issues for the market. Youre scaring people saying it could take softbank with it significant losses, no doubt thats a few steps down the road the saudis are 45 billion in, theyre getting 7 deferred return, and then other investors, it is not clearly softbank at risk in the way you if they blow through enough money, it signals a fundamental c