Mnuchin expressed confidence, tax reform will succeed regardless of the efforts to Reform Health care. Now for the s p 500, its down 20 points. Certainly had been a lot worse. The nasdaq lower by 105. To that point, were looking at all stocks and the trump rally that has hit this bump as President Trump hits the road to pump up American Energy dominance. Hes expected to leave the white house or the Energy Department at any moment to give a major Energy Policy speech in this hour. What hes expected to do is lay out his plans on how to make our nation a Net Energy Exporter by using American Energy abundance while keeping oil, solar, and, yes, Nuclear Power at the center of u. S. Energy strength. Report editor steven Oil Associates president and former trader and current mayor of new jersey. Mike on what they like and dislike about the president s plan. The dow now down 143 points. Lets start the countdown. Liz folks, we have breaking news. Investors. Biting the hand that has fed their po
Drillers. 3. 75 move there. David they have some good news in the homebuilding front today. Lifting a lot of good news for the homebuilders. Although there were some that were down. Lets take a look at the big mover in that sector, which was this one. If you look at the oneweek chart, you realize that we have barely been making up for lost ground. You dont want to underestimate hovnanian. The president has been talking with congressional and Business Leaders giving input on solving the nations fiscal problems. We are going to talk about our own fiscal summit as we have three Small Business owners from three very different businesses who are going to be here to talk about what they need to grow. Everyone saying that Small Business has to grow. It is the heart of the american economy. We are going to ask john oconnor, Kevin Maloney and 7eleven store owner patricia orzano in. Liz the guy on your screen is talking about deals. Coming up come an exclusive look at it exclusive Company Called
A gallon of gasoline and the reason is becse the last 25 years, all the conflicts weve had, gulf war one, bosnia, the rumors have been worse than the news. Sell the rumors by the news. Equity markets down, oil prices up until an event happens. The uncertainty that is coming out of the united states, we didnt act on benghazi and looks like were forcing an action on syria. That uncertainty is going to keep gasoline prices, which by the way oil prices have spiked higher than gasoline, gasoline is going to tick up higher the next few weeks, that uncertainty is going to keep gas prices high when it should be swooning after labor day. Is it really the uncertainty or would it take a big event with many players involved . If this blows up more, if iran gets involved, israel, all that stuff, then yes, and every ten cents is billions of dollars out of the economy. We just hit five cents. So no doubt, uncertainty just adds more to it and frankly, as far as markets go, they want this thing to happ
Reason is because the last 25 years, all the conflicts weve had, gulf war one, bosnia, the rumors have been worse than the news. Sell the rumors by t news. Equity markets down, oil prices up until an event happens. The uncertainty that is coming out of the united states, we didnt act on benghazi and looks like were forcing an action on syria. That uncertainty is going to keep gasoline prices, which by the way oil prices have spiked higher than gasoline, gasoline is going to tick up higher the next few weeks, that uncertainty is going to keep gas prices high when it should be swooning after labor day. Is it really the uncertainty or would it take a big event with many players involved . If this blows up more, if iran gets involved, israel, all that stuff, then yes, and every ten cents is billions of dollars out of the economy. We just hit five cents. So no doubt, uncertainty just adds more to it and frankly, as far as markets go, they want this thing to happen already and geover and don
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