The u. S. And china agreeing to meet next month. Stocks, as you saw, reacting positively to that were going to talk abdomen goldman shrinking the partner ranks. Interesting story. Up to a dozen executives reportedly negotiating the exit. Is it a sign of a broader shift for this wall street bank . And shares of palo alto, they are up, as you can see the ceo joins us exclusively in a few minutes. Theyre up ahead of the bell, of course, this morning lets start with the markets this morning a chance for jim and i to get back on the same page as to where things stand we also got fairly positive adp numbers. 195,000 private sector jobs added in august. That was above the estimate. The consumer continues to be quite strong in this economy i heard you talking to joe about, you know, were the only ones that talk recession and we got a ten year above 1. 5 again. I thought when i saw its like the bonds also rise i think what weve seen is this endless yield going down versus, say, where the one ye
Three averages but down 0. 4 and the nasdaq, that tech trade that is the laggard, down about 1 at this point and, of course, the russell has been struggling this week. We want to watch that one as well. When it comes to sectors, again, technology is the biggest laggard down more than 1. 3 , and energy is leading the way but up just 0. 3 . Its been an interesting week. Steve weiss, i will start with you, and i know mike and sara were ending the show talking about nvidia. Its up today. However, it is down about 10 from those meteoric highs but up about 80 year to date. What do you think . Have we seen the best of nvidia for a while . I dont know. Thats a great question. In the meeting coming up, who knows what theyll say at the meeting. Sure. Still the only game in town really. But its not really an nvidia issue. We havent seen the others down as much like meta or microsoft. Theyre barely off their highs. They look like theyre down move because of the dollar moves. On a percentage move,
Questioning where your growth is going. Yeah. Whats happening . First of all, i think we need to control the narrative a bit. When people refer to the last Earnings Call we were for q3, plus 22 on the top line and plus 23 on the bottom line. We narrative we taught about is where we saw operating income. Fourth quarter, great back to school. We felt good. What weve learned though and i think what weve seen is this business is much more. We have a Growth Company. Current outlook has double digit plus growth which is close to industry in sector leading amongst the leaders there. Our business is so young, our business is really just getting started. We look and you think of the opportunity we have is that we do need to make certain i understand investments and this isnt investments be damned. Im the larger shareholder. We remain committed to it. We have a great business and a great brand. And were going the keep driving stands it. You yourselves, a, quote, juggernaut. 20 straight quarters
Candidates tonight in las vegas. Morgan stanley wabeating the street. Well look at the state of financials. And this leaked salesforce document shows acquisitions the company considered targettarget. Are more big buys on the horizon . First up, Hillary Clinton and donald trump square off in their final president ial debate tonight. Clinton does lead most polls with 20 days to election day. Bloomberg has her up nine ahead with men for the first time, that poll was tied in september. Jim, the market hasnt adjusted as much as some of these polls have. No, and i think that one of the combinations here is labor, bank stocks have done well. Has reaction been great . Theyve been okay. But if the if Bernie Sanders gets elevated to go to the senate, goes democratic a lot of talk about Budget Committee what that would mean. Yes. And Elizabeth Warren becomes more of a force than she already is, then i think a lot of these banks are going to be back in this, well, lets relook at what happened at w
The Historical Society has an Educational Outreach mission that includes these lectures. It includes Training Programs for teachers,. It includes the publication of ch publications as court watchers, eyewitness accounts in sk history which came out a few years ago, which is a general interest history of the court ith firsthand anecdotes. My colleagues on the court and i eciate the societies society societys wide and varied and public understanding of the Supreme Court and our form of government. I could go on about other efforts that the Supreme Court has Historical Society has made in that regard, but you are here for a lecture on chief Justice Roger brook taney. Tonights lecture is being delivered by professor timothy s. Huber. He received his b. A. From the university of miami and his ph. D. In history from the university of florida. He is a chair of the department of history at Rhodes College in grandson has my year, riculated this namesake actually. Some of you may remember that R