Will end the exodus of manufacturers from the u. S. And add more than a million american jobs. Our own Edward Lawrence live at the white house tonight with the very latest. Ed . Reporter and, gregg, yeah, the president having two fundraisers, two events in two different states this evening. Now, he started his day defending his decision to aggregate federal databases onto the 2020 census. The president saying its not a reversal, but more an accurate measure of what has, exactly how many citizens are here. Not only didnt i back down, i backed up. Anybody else would have given this up a long time ago. The problem is we had three very unfriendly courts. They were judges that werent exactly in love with this whole thing. And they were wrong. Reporter and right now the president is in the ohio on the second leg of his journey. Before going to ohio he held an event in wisconsin, in milwaukee, where he talked directly to voters to put pressure on democrats to pass or ratify the usmca. The pre
Concern about the economy and manufacturing and housing. The dow and s p hit alltime highs this week and the dow industrials cracking the 27000 mark for the first time and staying there. Joining me now is mike murphy. Happy to be here. The first of the week we had a little said in ecb, give me your take away from the week. I think people are really helping that the fed will be accommodated. But the backdrop or is the market right now can support higher level without the fed. But if the fed comes in and gives us a rate cut on top of the economy that we have. You can call it was to the stock market and some people would say. It will give us new highs in the market. If we hit a rate cut in the market reacts negatively because maybe it looks like the Federal Reserve know something with that we dont. Were out of 50 when youre low on a payment per wave growth of 3. 1 certainly in the first corner. Here we are on the doorstep of the Second Quarter earnings. Not expected to be great, expected
Susana its really stressful to. Lemonis . Susana monacos best days will be behind her. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings going to 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 1996, susana monaco launched her namesake label, a collection of womens apparel marked by clean and contemporary designs. Susana the front is narrower than the back. Lemonis she had grown up working at her familys cutandsew factory and then engaged them to help her with manufacturing. Before long, she was in thousands of retailers across the country with revenue exceeding 10 million. Anna this is the bestselling for holiday. They love it. Lemonis but the Great Recession dealt the label a severe blow, and susana has been unab
There are concerns over lower Interest Rates, that did dampen profits, but that certainly helped markets overall trade up. Joining me now to look back and ahead is the founder of pointview Wealth Management and the president , david dietz with 400 million in assets under management. Its great to have you. This week i feel like it was a lot about the Federal Reserve. On friday you had the president of the new york fed saying, what did he say, lets prevent an ounce of prevention is better than getting behind. So he was advocating a 50 basis point cut in the rate from the fed in two weeks. Whats your take on what went on this week . Well, certainly, i think the fed is the number one story, of course, despite it was the start of earnings week, and the question is will they or wont they next week in terms of a rate cut, and if they do, how much. Were kind of getting baked in for a quarter point cut, but then, you know, williams came out yesterday and talked about when you have very little g