Im giving you all these assignments, and you keep failing at them. Inkkas will go out of style forever. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. In 2012, dan bennun partnered with his brother, dave, and his childhood friend david malino to launch inkkas, a Footwear Company based in brooklyn, new york. Dan authentic textiles, responsibly sourced, handcrafted. And our new logo. David it looks good. Lemonis inspired by dans travels, the shoes incorporate patterns and fabrics from around the world, giving them a bold and colorful look unlike anything on the market. Dan and the beauty about a printed textile is that you really have unlimited combinations that you can
Federal funds rate this year. Porsches top man is expected to become ceo amid investigations and lawsuits. Nike sees a 23 bounce in First Quarter profits thanks in large part to china. Get in line. Apple fans form queues outside of Stores Across the globe as the new iphone 6s goes on sale. We pick up on the trail of pope francis as he visits the big apple. And an equity extradition. Will the trader at the center of the flash crash allegations be sent to face charges in the u. S. . Speaking yesterday chair janet yellen saying that the fomc still expects conditions to be right to raise Interest Rates this year but she caveated that by saying if the economy surprises on the downside, judgments would then have to change. For most fomc participants including myself, we currently anticipate that achieving this condition will likely entail an increase in the federal funds rate later this year followed by a gradual pace of tightening there after. But if the economy surprises us. Our judgment i
Investors. Dow gained, nasdaq rocketedstra much alphabet and amazon. Not to mention microsoft. Thats four straight week in the black for the averages. I find that amazing. With the Global Economy obviously slowing, this market is taking up the big industrials and the tech stocks and throwing away the witnesstreasured healthcare names, at least until today, where they tried to rebound. Industrial and tech have been weighed down by the short dollars. Tell that to the ceos of microsoft and alphabet, which is of course google, and amazon, who stopped the shorts last night. Down there giving them the business with magnificent earnings and fabulous Conference Calls. More on that later. That doesnt mean my thesis goes away. Today healthcare may have escaped from the bears den. But now retail is being mauled. Footwear star sketchers fell short of estimates, something well talk about later with the companys cfo. You dont want to miss that. We go to next weeks game plan. Come on, thats the drill
That doesnt mean we can ignore the macro data. What are the homebuilders waiting for . How about the new home sales data on monday . Weve also got one Earnings Report ill be following closely on monday. Thats broadcom, a Big Semiconductor company. This market used to adore the stocks of target. This morning another semiconductor company, freescale, being acquired by msp semi, is reporting a low number, in part because of china. In broadcom notes any similar weakness, it does a lot of telco equipment, semis, i bet the whole high gross Semiconductor Group which is finally trying to claw back today will get hurt again. It will see rotation into the more plodding basic semis like intel and basic instruments. Please dont forget about cyprus semi. Tuesday is the day that everyone seems to worry about most because apple reports. Apple is cheaper than any of these techs that exploded hard today. But that doesnt mean the stock cant be hurt, now that the tech bar has been set so high by amazon a
Industrial and tech have been weighed down by the short dollars. Tell that to the ceos of microsoft and alphabet, which is of course google, and amazon, who stopped the shorts last night. Down there giving them the business with magnificent earnings and fabulous Conference Calls. More on that later. That doesnt mean my thesis goes away. Today healthcare may have escaped from the bears den. But now retail is being mauled. Footwear star sketchers fell short of estimates, something well talk about later with the companys cfo. You dont want to miss that. We go to next weeks game plan. Come on, thats the drill. Radical moves already, we have to be ready for the second big week, where the performance of companies matters more than gibberish about the federal reserve. That doesnt mean we can ignore the macro data. Waiting for . How about the new home sales data on monday . Weve also got one Earnings Report ill be following closely on monday. Thats broadcom, a Big Semiconductor company. This m