President ick with the this morning and begin with his comments yesterday as the wall street ceo council or he talked about how washington gridlock does not necessarily reflect divisions in our country. Republicans as well. Send us a tweet. Or post on facebook. You can also email us. Let me show you the president in his own words yesterday. He was interviewed by a columnist for the paper. Here is what he had to say about washington gridlock. When you go to other countries, the political divisions are so much more stark and wider. America, the difference between democrats and republicans, we are fighting inside the 40 yard line. You have fooled most people on that in the past couple of months i would say. Betweenld distinguish is rhetoric and tax experts differences. People calles me a socialist sometime, but you have to meet a real socialist to have a real sense of what it is. I am talking about lowering the Corporate Tax rate. My Health Care Reform is based on the private marketplace.
Orders looking flat. Consumer demand is measured. Capital goods coming out as a measure of corporate demand, looking up. I will bite you. [laughter] easy, easy. Dont do it, i will lose my contract with adidas. 9 45, pmi, purchasing Managers Index. A lot of earnings. Noble, General Mills, monsanto, bed bath and beyond. I need towels. Gopro is pricing tonight. 2123 . Begins trading tomorrow. President hosting shimon perez at the white house for lunch. Beyonce and jayz kicking off their first combined national tour. Not only are they married, seeking together. The summer concert series. They are not the two that went to florence. No. Kanye counts them as friends. Odds on how long that lasts . This is number three, kardashians. We look at the inner tame industry. Stocks, bonds, currencies, commodities ugly yesterday. 0 points. , down 10 yields have come in, 2. 6 to 2. 58. Nymex crude, 106. 56. 12 on under 11 to above the vix. Dow down. Two year yield gets my attention, creeping higher. Wor
Dow dropped below 16,000 losing 318 points. The nasdaq 91 and the s p is now below 1,800. Gold made a 6 dollar gain oil dripped 48 cents. Depsite the down day shares of Juniper Networks jumped 6 on word Hedge Fund Jana Partners has taken a huge stake. Obamacare enrollment hit the 3 million mark as people sign through state websites and at healthcare. Gov. The health deparmtne expects to reach its ultimate goal of 7 million by march 31st. And walmart is laying off 2,300 sams club employees. Chris gersch of altimus capital joins us now. Chris, youre gonna be on your toes today. No doubt about it. Why is this market tanking . This market is tanking this morning simply based on the fact that we close in the lows on the s p futures on friday. There was an extra 6 points of selling on friday which indicates to me a lot of weakness and a lot of other traders weakness going into the open this morning. What is the turnaround point for this market . The turnaround point was the china news that c
We hope the numbers of would grow. There are 16 airports operating through this program. Thank you for your time. Dan, it theave author. About the book and other issues concerning politics. We are taking a look at this. We will look at the governor. We will have an interview with the courier journal. This takes place. Then they will also talk about the fancy political picnic that takes part in kentucky. This is the chairman of the nga. He will join us at 9 00. Begins at 7 00 in the morning. The summer meeting takes place again in milwaukee. The activity is set to start shortly. D kumar sees on cspan starting momentarily. Eu can see these on cspan starting momentarily. We are live this morning on cspan. We are here at the wisconsin sensor a couple of blocks west of the Milwaukee River appeared governors are gathering here throughout a week and. Livell breed bringing you coverage. They are supposed to start a couple of minutes ago. They are getting things together. We will be hearing fro
And we do, all of us, share a common goal. We all want every working american to be able to save for a dignified, wellfinanced retirement. I trust we all agree that it is in the interests of every American Business to see every working american have a real ownerships take in the American Enterprise. I am very confident that these two goals can be achieved in tandem by strengthening both are public and private Retirement Systems and the that make thems successful. There is too much knowledge in this audience today to really talk about retirement saving shortfalls, woes, and problems, and we know there is a serious risk arising over poverty if we do not ask soon to shore up our public and private Retirement Systems and lift americas Retirement Savings rate. That is why we are here this morning. The most salient point i want to make today is that we are actually much closer to solving americas retirement challenge than i think most everyone realizes. In the workplace savings arena at leas