Are the three most important things investors should be thinking right now. The u. S. Stock market plunged this past thursday and swung wildly on friday. Was it just a hiccup or a sign to take profits . Big banks are weathering the economic downturn better than feared. Why its time to size up their shares. And billionaire Warren Buffett just went on a shopping spree for stocks in japan. How u. S. Investors can follow his lead. On the barrons roundtable, my colleague, ben levisohn, carlton english and al root. Ben, the stock market actually fell late this past week. I had forgotten it can do that sort of thing. What happened and how worried should i be . Well, ask three wall street strategists, and youre going to get at least five different answers about why stocks fell. But really this had to happen. Stocks just had an amazing august led by tech stocks. They just kept going up and up and up, and they started september the same way. With high dividends, 3m, chef chevron, dow. They could
Be used to spur economic recovery but first remind folks what the Tax Foundation does and how you do it. The Tax Foundation is an organization that educates the public on tax policy and also assist members of congress in developing tax policy. We do in particular analysis of the cost to the economy and to the government of tax increases or tax decreases, Tax Foundation. Org is a website as. As we look at recovery efforts, its now been four months since america startedon shutting down. Congress congress is appropriatr 2. 5 trillion in response. At what point do we start focusing on longterm recovery as opposed to responding to immediate needs that are happening in the here and now . Guest thats hard to say. I had originally thought when the crisis began that around the end of the summer we would need to make a strong tilt towards longterm growth. We had sort of a threepart approach to this during the immediate crisis we needed to write liquidity for businesses, for households so they co
Individual who got punched and head hit the curb did any profo is a miracle. And im, you know very, very thankful for that. Reporter the suspects in the saturday assault at the corner of clay and walter lum appear to be linked by get away vehicle to this violent purse snatching of an employee outside garden bakery on jackson street friday night. Acar the perpetrator jumped into appears to be the same car they jumped in here. Reporter at the square today, hours of meditation for peace in a community frightened by repeat attacks. I need you to step up. I need you to help reporter chinatown is home to the densest population and highest concentration of elderly people in San Francisco. Supervisor aaron peskin has a message for anyone thinking about committing crimes in his district. Dont think about it. We will find you, we will arrest you, and you will be prosecuted. Reporter now were told that sfpd does have leads in the saturday night attack. That of course may mean they have leads in t
You guys know better that not nasdaq indicated down and s p anyone doing a secondary in your ipo is unparalleled. Down by one. That is a testament to the investors we brought into the down was down by 180 points ipo that believedin us again we did that a month ago over the yesterday. Every move we see seems to be premium of the price trigger by the moves of these the larger conversation being had about investors i think trade talks. There is a difference here lets look at the treasury this is why i think this is succeeding a, not only are you nailing the market the 10year looks likes it numbers, but, b, because you are yielding 1. 592 . Only for five years and you had to take in crazy amounts of 30year about 2. 1 money prior, right dont you think thats a huge part of this i do. I think we had very strong investors previously when we were a private company in todays environment, if we twoyear trading at 1. 462 needed them to do a 100 insider one Earnings Report of note today, Delta Airl
Maria big show this morning, joining the conversation Dagen Mcdowell, chief Market Strategist art hogan and president ial candidate arkansas governor Mike Huckabee. Good morning. A lot to talk about this morning especially on day 2 of Federal Reserve meeting, Delta Airlines coming. Ed is here, chairman and ceo of the black stone group, Steve Schwartzman talking about his book. Oklahoma senator James Lankford also joining us this morning, dont miss a moment of it, we have a big 3 hours, top story this hour is oil, once again dropping this morning on news that saudi arabia will restore normal output and production levels by the end of the month as secretary mike pompeo meets with saudi arabia king prince salman to twin attacks on saudi oil facilities, iran is denying any involvement in saturdays strike with president Hassan Rouhani blaming u. S. For disruption in the region. Its not exactly going well for them. I think this was their attempt to break out and sort of find way to put press