The russell 2000 down 11 with the small caps since the watermark on july 31st. It has people wondering with the small caps and industrials down, is that a worse sign to come . Germany is in recession. China is slow there. Maybe we shouldnt be surprised. The fascinating thing is people are writing articles that we could be in the First Quarter of the slowdown. Not negative, but a slowdown. It would be one of the things where it happened gradually and all at once. The indicators are not saying that. Correct. We are hearing more and more people and it is depressing with the former fed guys, the smart ones we had on. Daniel. That narrows it down. Saying the biggest problem the fed has is they dont have a crystal ball. We know that. We need to remember that. If you are looking at three months or six months ago and making policy decisions, they will not be at that rate. I dont know what is better. Maybe some rules based regardless of what your gut is feeling. Sometimes that doesnt always wor
Im telling you, it moved me smelled really good. Youre dry from flying, right . The lips dry. Ill say, in three days you spent two of them in the air. How far 16 hours one way, 15 the other. Whats the mileage . Im on a need to know basis . 10,000 maybe . 13,000 miles . I dont know. You go up i want to say 10 or 11 there doing the flight before. Okay. Thats some serious mileage. Frequent flyer miles. Very dry. I have to figure out if i can get them i think it may be a part of the delta line you had a pod not the big pod this is like the little one. Not the ones with balls with the shower i didnt have the shower. Exactly. We are glad youre back nice to see everybody our guest host today is steve grasso from Stuart Frankel and a cnbc fast money trader good morning. Guys, lets look at the u. S. Equity futures yesterday was a bit of a mixed day for the markets. Dow down by 39 points. The nasdaq put in a positive day. It broke a threeday losing streak this morning green arrows with the s p i
Yesterday, they were off the highs of the session this morning green arrows are indicated once again, but modest advances the doi ww was up by 10 1 2 poi, the nasdaq up by 3, the s p up by 3 the gains have been significant this year. Have we seen 71 days for the dow . 71 records. But 22,000 on the point 2,000 p before we got to the new year. I think i heard President Trump say 85 that could have been from the election to the first of the year thats probably what it was. Bitcoin today, did you see it . Yes we should probably show that we show it every time. We will show it after the tenyear tenyear is back under 2. 50 but it was above 2. 50 at one point yesterday. The highest weve seen since june or earlier. Maybe april. You look at the tenyear note, yielding 2. 486 . Looking at bitcoin actually its coming up a bit. Some of the dbig stories theres bitcoin okay. Its not so we got our first christmas vacation vignette out of the way on the opening there will be a few of those a great movi
Decemb december k putting together two companies that in terms of programming are similar. Its not like were going from one network that does reality or that type of programming to sports or lots of scripted work or whatnot this is putting those two things together the question is are you better off putting those two together or in this new age of media trying to go into scripted gore into a premium thing scripted. Scripted. But this has been bandied about. For a long time they were two sort of theyre not like outliers that deserve to get together. If it was going to happen, would put these together for scale thats where the synergistic value is some analysts would question this how much more power does a discovery scripps together have in terms of carriage agreement Going Forward . How much value proposition, if you want this channel you have to take this channel that was more scripps problem than a discovery problem zaslav yesterday admitted we are managing through the new times, dau
Challenging. And if you could visualize an educational system where a child is continuously challenged if they cant achieve a level theyre shunted off to a different challenge or theyre asked to do it over again. You now have education thats tailored to the individual. And i am absolutely convinced that that is going to create a class of smarter people. Our children are going to be smarter than we are and their children will be smarter than they are. And is that a good thing . Yeah, i think so. Smarter people do everything better. Ask we could solve some and we could solve some really important problems like eliminating war. So ive gone on a little bit from the spectrum issue. Host and finally, what kind of cell phone are you using today . Guest well, i, you know, i always have the latest cell phone you better. Guest peter. [laughter] the difficulty with cell phones today is they are really aimed at techies. And i want to have a cell phone that anticipates my needs may ask me a few que