Compaapacity stocks have with peoples savings. The nasdaq winning 23. 1 . Its astounding how stocks have lost their appeal to americans, at least according to a recent poll. According to bank rate, real estate and cash are the best investment these days. Adults were asked what would they do with their money if they didnt need it for ten years. 25 said they would buy real estate. 23 would put it in cash. Only 16 would put it in stocks, the same percent would put it in gold or Precious Metals. For those who have watched them go up and up over time, this is a horrendous finding. Boo but its not surprising. So often on squawk on the street, a major stock at 9 45 a. M. And it would trade in 15 minutes and see 200,000 shares. How do i know only . I managed in my hedge fund, and back then it wouldnt be unusual to put in a buy for 200,000. These days, my average trade might be as much as 100 of the buy in that stock. Thats right. Nobody else bought any except for me. Theres just not that much
It is the Southern Hemisphere so its the opposite. Lurking under rios with thers raw sewage and now what scientists describe as superbacteria, the highest levels of superbacteria on the shores of guanabara bay. Site of the sailing event a month from now. It is a nice sailing area but every time you get some water in your face it feels like there is some alien enemy entering your face. So i keep my nose and my lips closed. laughter . Trevor first of all, what is that music . Does that just play when germans talk . What is that . And also, if you ever wonder how a small country like germany almost took over the entire world t is easy to understand because of this guy. Because the solution to the problem of an alien entering in us, to just stop breathing. You just stop breathing. Thats all you do, but the toxic water is just the tip of the [bleep] iceberg here. There are concerns about infrastructure, the economy, political turmoil, zika and security fears, but dont worry, people, the rio
Earnings reports, or if youre like me, you hire someone to sleep for you during this period, only to fall behind terribly in the morning conference calls. This is the week where theres so much confusion. So much cacalf any of sound that the market stumbles under its own weight. Thats why you should have cash going into next week. Weve told the club that subscribes to the newsletter, raise some quash. Some things occur during this next week, the rush partner season. And they rarely earn much in the way of upside. In other words, its usually a very bad week for the bulls. Believe me, it wont start out that way. We kick things off on monday with the conkblom rat weve been raving about for years. Now you can expect the difficult to understand quarterly read. Because danaher just spun off a company. I expect an announcement that theyre about to use the hepatitis franchise, i know gilead doesnt like that its down. Texas instruments, quietly reliable company. Tuesdays huge. This ones always a
The markets. Jp morgan did not use brexit ate my homework as an excuse to imply lower numbers. Jp a lot of people were nervous, they did not take that bite. A great relief. Financials up right across the board. Earnings trends, only a few of them have been beat. And i want to show you whats going on here. Since these companies started reporting, this has been their stock prices. Alcoa, delta, jp morgan, every single one of them. Lets take a look at the banks. It is very traditional for banks to go up a little bit. Thats jp morgan and sell off after it. And banks are leading, up about 5 . So far just this week. The head of the Worlds Largest asset manager getting a little worried. Heres larry fink on squawk box. Here we are. Were seeing investors worldwide pausing. We have seen quite a large sum of money being pulled out of equities over the last year. And yet were at record highs. This rally in my mind is not i dont think we have enough levels to justify at this moment. Reaction now. G
1. 56. And japan has moved up. Theres another big story for the markets. Crude hanging right around that 40 level. Left out by a thread. Okay. Lot of cliches today. More coming of course. Including our road map. Pfizer lower, while Procter Gamble is higher. Were going to dig into both of those reports. Warren buffett slamming donald trump while campaigning for Hillary Clinton last night in omaha. And shares of williams are higher this morning on earning. I talk to the ceo about cutting its dividend. Saga with. And more. All right. As the dough looks to break the six session losing streak, pfizer beating the street with Quarterly Results. Helped by new sales. Procter gambles Fourth Quarter results also ahead of consensus but the company says it expects currency fluctuations to disproportionately effect Current Quarter earnings. Where do we start . Why dont we start with proctor. The fact is the organic quote buzz. The last Conference Call was really widely about currency issues. So they