Compromise . They should tell that to the up s. Attorney and the joint task force investigating the Clinton Foundation. I think that statement is irrelevant and wont take voters attention away from the Clinton Foundation. The Clinton Foundation is facing a probe from the irs as well. Its not going to do anything. Charles do you think any impact or sway on this election . Ill in the distinct position of clinton supporters. I think this is long overdue. Something that should have happened when she was a up s. Senator or secretary of state. Its now the news cycle instead of substantive policy issues. It wasnt just the appearance of a conflict of interest, it was a conflict of interest. Are you giving credibility to the claims of pay to play . No, but it did shape the thinking and define the thinking. You know who i supporting your foundation. It tempers and shapes your thinking whether you mean it to or not. The whole thing is inappropriate from the getgo. Batting a thousand until that an
Well break it down. The action begins right now. Lets get right to it, because the only thing that matters for your money next week is bank earnings. Financials are the worstperforming sector this year. The big question here, will it get worse when stocks like jpmorgan and bank of america and citi report next week . Lets get in the money and find out. Mike . You know, i think, obviously, it does matter. Prices for the banks actually indicate that people are really concerned. I mean, if you take a look at the banks on a fundamental basis right now, what youre seeing are what would look like very low valuations. Look at a name like bank of america. This is the interesting thing about fundamentals, people like to look at the multiple and say stock is cheap, but cyclical earnings, cyclical stocks typically trade at the cheapest multiples right before multiples turn south. If youre looking at banks and the valuations, price tangible book, they look awfully cheap. What thats telling you is t
Well break it down. The action begins right now. Lets get right to it. The only thing that matters for your money next week is bank earnings. Financials are the worst performing sector this week. The big question here. Will it get worse when stocks like jpmorgan and bank of america and citi report next week so lets get in the money and find out. Mike . You know, well, i think obviously it does matter. Prices for the banks actually indicate that people are really concerned. I mean, if you take a look at the banks on a fundamental basis right now what youre seeing is what would look like very low valuations. Take a look at a name like bank of america. This is an interesting thing about fundamentals. People like to look at the multiple and say stock is cheap and schlickial stocks typically trade at the cheapest multiples right before fundamentals actually start turning south so if youre looking at banks the same way and youre taking look at the valuations, price to tangible book, they loo
No deal, Canadian Pacific walking away from the Norfolk Southern bid after norfolk resisted talks forever. And another Company Reportedly enters the fray for yahoo . The ted line for bids this week. Stocks are looking to rebound for the worst week since february. Alcoa due tonight. The president set to meet with fed chair yellen today to discuss the economy and wall street reform. And la and larry fink saying certain actionsi actionsi actionsi may lead to reduced spending and growth. An echo of what hes said in the past. Right. I think that were getting actual success in europe. No one seems to recognize that. I think three months from now, germany will say enough is enough. We want rates to go higher. Germany will prevail. The numbers that im getting, car registrations, employment, pmis from europe, theyre all strong. I think this is a backward looking letter. Really . Yeah. Other than japan. Japan, i dont know. I cant figure them out. Nothing seems to work. Tenyear negative 0. 796 fo
Thats what traders are asking about rate, but its setting up for a perfect trade. Well break it down. The action begins right now. Lets get right to it. The only thing that matters for your money next week is bank earnings. Financials are the worst performing sector this year. The big question here, will it get worse when stocks like jpmorgan and bank of america and citi report next week so lets get in the money and find out. Mike . You know, well, i think obviously it does matter. Prices for the banks actually indicate that people are really concerned. I mean, if you take a look at the banks on a fundamental basis right now what youre seeing is what would look like very low valuations. Take a look at a name like bank of america. This is an interesting thing about fundamentals. People like to look at the multiple and say stock is cheap but cyclical earnings, cyclical stocks typically trade at the cheapest multiples right before fundamentals actually start turning south. So if youre loo