Thank goodness larry davis coming back because you need to curve your enthusiasm for this market, something good happens the dow gained 39 points, s p climbing. 1 nasdaq,. 10 a fresh alltime record. Let me stay straight out i see lots of questionable thing after the close of this training session. Were got reactions from adobe, one of my favorites. A hideous report from a big miss from fedex because of the cyber attack no less. As is often the case i leave mer shaking my head, the rally cant possibly continue. The next day, good news. My skepticism is in place. This morning, spoken to free partner david saber, the best investor partner on earth. Tmobile talking about joining in with a phone company. Tmobiles up 60 , prisprint fas 7 o lets go over all the way this was not expected every since tmobile reported what i thought was a good quarter, the stock has been selling off. The wireless psyching, the auto, housing cycle as they kept seeing has beat. The stock of verizon and at t has be
Points, nasdaq declined. 52 . For staters, lets stipulate that anything can change beginning tomorrow, when we have the official kickoff for earnings season as citi group and jpmorgan report their earnings. You have to understand that we have had many bullish moves over the market in the last 36 years, but every big move, every move that had really any impact, always had the bank as one of the major leadership groups, the banks are really the reason that the trump trade had such power. Jpmorgan stock rocketed from 67 at the time of the election, up to 73. These are huge almost unprecedented moves and they have been rolled back rather substantially in the last month. The first part of the bank rally was pretty easy to figure out. Going into the election season, pretty much everybody thought Hillary Clinton would in. She wasnt what anyone would call a pro banking candidate. So i think the defeat of the democrats in november, was responsible for at least half the movement back. Add presid
All right, good morning. Welcome to our rules Committee Meeting of thursday, july 14, 2016. I am kaet tang, chair of the committee, to my right is eric mar and to my left is erica cohen. I want to thank jim submit and jessie larson. Please silence all cell phones and electronic devices. Completed speaker cards and copies of any documents to be included in the file should be submitted to the clerk. Items eye. Please call item 1 . Oo . Item 1 is a motion confirming the mayoral reappointment of darryl honda to the board of appeals for a term ending july 1, 2020. My name is darryl honda, i have been serving on the board of appeals for the past 3 1 2 years. I am a mayoral appointee. Kind of nervous. I do funny, im not on the other side here. I really do enjoy the work that the board does. I am very passionate about what we do. Im sure you are aware, we deal with a variety of cases from food cart to taxi medallions. Were often called the tree stewards of San Francisco. In the time that ive b
[inaudible conversations] [applause] my book released in november has the title with a slight sense of irony freemarket is in quotations i talk about how the free market which we think of as the quintessential opposite of the government was created by the government. This is clear they a push back against the talk of recently to keep the government out of health care, my medicare coming is the government up to the task of reforming the Health Care System . After the shaky rollout is it capable of doing anything . I started this book in 2008 before there was obamacare or even president obama banda has a lot to say about the Affordable Care act white is the way it is with the content so events played themselves out as they did so that i can leave up to what is happening today that is part of the historical picture. I start out with the conventional view of the widely held view of how government regulators and private industries interact or failed to interact which is true across the coun
With gabriel sherman, author of the loudest voice this the room. And we wrap up at 11 p. M. Eastern with Christopher Harmon and a citizens guide to terrorism and counterterrorism. That all happens tonight on cspan2s booktv. Robert field talks about the long history of government involvement in the Health Care System. Four key sectors pharmaceuticals, hospitals, the medical profession and private insurance were built up by the federal government, and he argues that this history must be understood before the possibilities of meaningful reform can be realized. This is about an hour. [applause] thank you, dan. My book, which was released in november, has a title with a slight sense of irony. Free market is this in goat quotes, and i talk about how the free market which we think of as the quintessential op is sit of the government was temperature opposite of the government was actually created by the government. This is clearly a pushback against some of the talk we hear recently to keep th