Stocks that lead us higher for the last few years, no longer in charge. This time buyers are swarming over the banks. Thats right, the banks. Why . Because last week in jackson hole we learned we could be facing not just one rate hike but two this year. Not only did janet yellen tell us that a rate hike could be on the table, but vice chair Steven Fisher said there might be time for more than one rate hike in a sht now who benefits from rapid rate hikes . Who makes the most money . The banks. They can take your deposits and invest them risk free at the higher rates that the fed controls and the risk share automatically goes up. And thats why bank of america is definitively breaking out at last. Thats why the stock of wells thats a gigantic move. Thats why j. P. Morgan lost lustre. Do not ignore this move in the financials. The fed is telling you its going to happen. And if we get a strong employment number, watch out for the banks. Stronger loan growth, which comes in part because of g
He was asked one more time, where was president obama born . And he still wouldnt say america. Trump under fire. But dodging birther questions. I feel donald trump cant win because tonight he was very clear that he believes that barack obama was born in the United States. Donald trump hasnt said anything. Donald trump has not said anything. Well. The media is not going to force trump to say anything he wouldnt say. He didnt take the position of him being a birther but he did and that came out of Hillary Clinton new York City Police officers guns drawn and chasing a crazed man through the street armed with a meat cleaver. The police gave him an opportunity to end it peacefully. The dangerous storm of the year is coming into focus. A monster. Samsung issuing a recall and could cost the company more than 1 billion. Now is the time to act. Megan rapinoe has, once again, joined Colin Kaepernicks protest and this time she did it wearing red, white, and blue. A passenger walked away from a cr
He was asked one more time, where was president obama born . And he still wouldnt say america. Trump under fire. But dodging birther questions. I feel donald trump cant win because tonight he was very clear that he believes that barack obama was born in the United States. Donald trump hasnt said anything. Donald trump has not said anything. Well. The media is not going to force trump to say anything he wouldnt s of him being a birther but he did and that came out of Hillary Clinton new York City Police officers guns drawn and chasing a crazed man through the street armed with a meat cleaver. The police gave him an opportunity to end it peacefully. The dangerous storm of the year is coming into focus. A monster. Samsung issuing a recall and could cost the company more than 1 billion. Now is the time to act. Again, joined Colin Kaepernicks protest and this time she did it wearing red, white, and blue. A passenger walked away from a crash landing that overshot the runway. The jets have wo
Stocks that lead us higher for the last few years, no longer in charge. This time buyers are swarming over the banks. Thats right, the banks. Why . Because last week in jackson hole we learned we could be facing not just one rate hike but two this year. Not only did janet yellen tell us that a rate hike could be on the table, but vice chair Steven Fisher said there might be time for more than one rate hike in a shpe now who benefits from rapid rate hikes . Who makes the most money . The banks. They can take your deposits and invest them risk free at the higher rates that the fed controls and the risk share automatically goes up. And thats why bank of america is definitively breaking out at last. Thats why the stock of wells thats a gigantic move. Thats why j. P. Morgan lost lustre. Do not ignore this move in the financials. The fed is telling you its going to happen. And if we get a strong employment number, watch out for the banks. Stronger loan growth, which comes in part because of
This is about 45 minutes. Ladies and gentlemen, friends, i have now the privilege and pleasure to welcome a old friend of the World Economic forum and supporter, secretary of state john kerry. Actually when the secretary came the first time, it was in the 1990s and that is the time we spoke about the peace dividend. There was a lot of optimism. The world was at the don of a new era dawn of a new era and the end of the cold war. Now, we meet again and it looks like we are at the start of a world with many geopolitical issues. The last session has shown us the foremost issues we have to confront. So mr. Secretary, you were here last year and if i just take one year, when you came last time, ukraine was just beginning. Now, in a warlike situation. Of course, the United States plays a very crucial role as the worlds most foremost power. Ladies and gentlemen, we are particularly pleased to have the secretary of state john kerry this evening with us to enlighten us how he sees the world situ