Valuations, and when youre hitting major levels to get to another new let them, you always bump up against it and come back here youve got the added factors of, number one, a weaker dollar, which is, as he saw in the report yesterday, pushing inflation higher, that was the clothing aspect of it. What ive done over the last few days is ive added some positions that i had i initiated a couple of new positions. In what bungee. Bungee came down dramatically after their Quarterly Report theres lots of talk about an acquisition, maybe adm, their approach last year if it doesnt happen, its a place i want to be because Agricultural Prices are also down, i think its temporary i also bought back delta it hasnt moved up as much as the others ive added to baba, i added to apple, actually, just for pete nicely done, smart move so i think were okay but its time to pick stocks everything is not going up pete, who is to say this v recovery doesnt turn by a w and why wouldnt it . It usually does. The s
Trading. Check it out, 40. 21. The last time you saw prices like this it was 2009. March of 2009. We were in the midst of the financial crisis. It was a lack of demand. This time around its not just a lack of demand for slowing economies like china but also massive amounts of supply. Well talk a lot more about whats happening to wti but right now barely holding on at 40 dh 40 dhr 40. 21. The shanghai composite closing down by more than 3 and in europe greece making a 3. 5 million payment to the ecb on a maturing government bond. Athens using money from the latest bailout. Back here in the states a few economic report of note, weekly jobless claims at 8 30 a. M. Eastern time and then at 10 00 existing home sales. We got a couple of other big stories in focus right now. Of course the fed is on our mine. Yesterdays release of the minutes from the last fomc meeting raising a number of questions about the timing of a possible rate hike. Its the question we talk about virtually every day and
Kind of commercial pilot, anything like that, is not for me. I dont see it. Reporter never even considered it . No. Reporter decades ago, the commercial Airline Industry was heavily dependent on the military for the pilots. They were graduating 45,000 pilots a year. But now with fewer wars and better technology, the u. S. Military is graduating 5,000 a year. If youve got that guy in sight, engage with 30 millimeter. Reporter the military is carrying out Flight Missions drones. Whats this mean for us, the travelers who, after watching this report, will now be rushing to flight academy. Airlines will go for larger flights. Now you might have two business or commuter jets. If i blindfolded you and took you to laguardia airport, you must think i must be in some third world country. Reporter remember that laguardia announcement last month with biden and cuomo . Moving the terminal to the parkway to make more space for larger planes . Beginning to make more sense, doesnt it. Arthur chien, fo
Mccain continues. And historic flooding leading to dramatic new rescues. All that plus what was she thinking . Why the wife of treasury secretary is now apologizing. Espn under fire for pulling this announcer from the game. You wouldnt believe the reason. And are you feeling lucky . Powerball hits a staggering 700 million with the drawing just hours away. Today wednesday, august 23rd, 2017. This is today with matt lau lauer. As he was speak, protests were raging in the streets outside of that arena. We have both sides of this story covered starting with Kristen Welker. Get us started. Good morning. Matt, good morning to you. President trump waking up here in arizona after delivering a 77 fiery, divisive speech overnight. He took aim after many of his detractors, a complete reversal after he called for the country to come together just one day earlier. As protesters lined the streets outside the Phoenix Convention center, inside a very fired up President Trump waging his own battle, aba
Mccain enters its fifth day. Target texas. The remnants of Tropical Storm harvey, posing a threat to the gulf coast. Farther north, flooding leading to dramatic new rescues. Plus, what was she thinking. Why the wife of the treasury secretary is apologizing. And espn apologizing for pulling this announcer from a game. Are you feeling lucky . Powerball hits 700 million, with the crdrawing just hours away. Today, wednesday, august 23rd, 2017. From nbc news, this is today, with matt lauer and savannah guthrie. Live from studio 1a in rockefeller plaza. Good morning, everyone. Welcome to today on this wednesday morning. As always, thank you for joining us. Our top story, the president s raucous Campaign Rally overnight. He started with a call for unity. Then, he quickly tore into his detractors. As he was speaking, protesters were on the streets outside of that arena. Kristen welker, get us started. Good morning. Reporter hi, matt. Good morning to yu. President trump is weeks up here in ariz