How long will investors be able to wait . A growing problem . What happens when farmers dont have enough workers to harvest their crop . Its something many are trying to figure out. Those stories and more on nightly Business Report. Good evening, everyone. The Auto Industry may be coming off a record industry for sales. Few expect a smooth ride ahead. Donald trump has been royaling the sector with tweets about production in mexico and threats offa i big border tax on vehicles made abroad. Fiat chrysler trumpeted a billion dollars and drew praise from mr. Trump. The auto maker insists it is part of an already established strategy. Ford canceled plans to build a new plan south of the border, but General Motors ceo said she is not changing a thing and production will stay where it is. In mexico. Its the back and forth with mr. Trump that has overshadowed the glitz of the Detroit Auto Show. Beyond the bright lights and big production introducing new models, the biggest presence at the Detr
J jim, a remarkable quarter, best quarter ever for a financial. All i can say is there will be many more many better quartequarte quarters ahead. Heres what i think. Whether its the jpmorgan or the financials in general, its a barometer for the overall market. When you look at the chart for the banks or overall market we stabilized for the last month or so after that tremendous trump rally. Does it get given back before we go higher . I submit to you, no. Based on these earnings and granted were really early in the earning season, but based on these earnings this is going to be a stair step pattern through the year and what weve had over the last month is just the pause that sets up for the next step higher and earnings are going to be the catalyst that makes that happen. Josh, some wiare wondering a the banks had a great run and, if you want to use the word, they stalled because thats what seemed to happen, maybe you know. Youve called it consolidation of the gains. Yes. Does this the
The tenyear. I believe thats going to happen this year. But first a rally. So its really the pressure will come when Interest Rates are perceived to be rising again and creating some competition for the stock market. Rates actually moving lower on the fed decision. Ive got the traders here at post 9 with me today. Joe terranova, pete najarian, michael farr, the president of farr miller in washington. John along in a few moments. Also today, three allstars, mohamed elerian, dallas fed president , fiRichard Fisher. Mohamed, goldilocks fed. Ive heard people refer to what the fed did yesterday as that. And maybe thats why they think the stock market could continue to go higher. Goldy lock fed, because most announcement, we got higher stocks and lower yields. That is why people are calling the goldilocks fed. And thats why i like to call it the beautiful normalization of rates. You can normalize rates without disrupting risk asset. Having said that, scott, dont lose sight of two things. One
Announcer this is nightly Business Report with Tyler Mathisen and sue herera. Big business gathers. Ceos get more facetime with the president. While Small Business feels left out. Uniteds shares slide. Why the Airlines Public Relations debacle is sending investors to the exit row. And some of the worlds most dangerous diseases. Those stories and more tonight on nightly Business Report for tuesday, april 11th. Good evening, everyone, im Contessa Brewer in tonight for sue herera. Welcome, contesscontessa, we everyone. Im Tyler Mathisen. President trump may be moderating some of his views on the economy. He met against today with some of the nations top big company ceos, something hes been doing just about every week since taking office. So is the president listening to his former big Company Peers on such topics as trade agreements, tariffs, taxes, and more . And whats he getting out of these gettogethers . Here is our report from washington. Reporter for the 13th time in 12 weeks, Presi
Announcer this is nightly Business Report with Tyler Mathisen and sue herera. Big business gathers. Ceos get more facetime with the president. While Small Business feels left out. Uniteds shares slide. Why the Airlines Public Relations debacle is sending investors to the exit row. And some of the worlds most dangerous diseases. Those stories and more tonight on nightly Business Report for tuesday, april 11th. Good evening, everyone, im Contessa Brewer in tonight for sue herera. Welcome, contesscontessa, we everyone. Im Tyler Mathisen. President trump may be moderating some of his views on the economy. He met against today with some of the nations top big company ceos, something hes been doing just about every week since taking office. So is the president listening to his former big Company Peers on such topics as trade agreements, tariffs, taxes, and more . And whats he getting out of these gettogethers . Here is our report from washington. Reporter for the 13th time in 12 weeks, Presi