Coming up in a few minutes. A couple of different stories were watching. The nasdaq partying like its the year 2000. Closing above 5,000 for the First Time Since then in only the third time ever. The nasdaq now. 8 away from the record close. There is a surprise from down under this morning. Australia central bank holding back on further easings. Gasoline prices jumped 37cents a gallon. Now thats the largest week to week increase since the agency began its survey in 1992 but life is relative and if you remember where things were six months ago its hard to complain. So it doubled in three and doubled again in three. So it doubled 72 divided by 3 is 24. 24. So its probably is it 24 return in six years if it quadruples . Yeah. If it sits right you can do it. So the nasdaq is up so instead of 6 or 7 for equity appreciation the nasdaq since 2009, 24 a year. So stay out of the market. If you put that money in 15 years ago youre just giving it back. They didnt have money 15 years ago. They wer
A very warm welcome to the pulse. I am manus cranny. Go, than 48 hours to scottish voters head to the poll and decide whether to become an independent country or stick with the union. David cameron made a final plea for no vote. His opposition leader, edward miliband, its set to do the same thing. Alan crawford joins us. You have got to say, it was a lastditch impassioned plea by the Prime Minister. Well, the first indication we had is the herold newspaper has come out for no. In that sense, she has of the result, but yes, and impassioned plea. Anythingd to imagine like this. The Prime Minister pleading with scottish voters to stay with the union. Very much a heartfelt message. At one point said even if you do not like me, i will not be here forever. If you do not like the conservatives, they will not be here forever. If you vote for independence, there is no going back. He said it was no each trial a divorce. What it was impassioned to be followed by the opposition, ed miliband today.
Consecutive month. A Nobel Prize Winning Economist Says hes worried about the rally and investors could be taking that to heart as the dow pauses after 17 k. Buying a swiss Food Ingredients producer for 3 billion. Apple hiring away from tag heuer. And higher in the premarket once again as options on the Company Shares kick off trading today. First up, wall street hoping for more stock market history this week after the dow hit 17,000 on thursday for first time ever. As for the s p, now within 15 points of 2,000. Earlier on worldwide exchange, Nobel Prize Winning economist stiglitz doesnt believe it signifies an upbeat trend. The very strong stock market prices are in a sense a symptom of the weak economy, not a symptom that were about to have a strong recovery to our real economy. Sounding an awful lot like what the bis said last week and were vulnerable to a 10 to 12 correction and Morgan Stanley get more neutral on risk even though he was bullish at the beginning of the year. People
High, yes, the dow did stay above 17,000 for a second day and the s p did remain a day or twos rally from the 2,000 mark, this summer day on wall street was one for reflection and maybe taking chips off the board t. Dow lost 34 points to finish at 17,024 t. Nasdaq was down 34, its biggest oneday drop in a month and the s p 500 slid 7 or about. 4 of a percent. Some consider whether the average is too high and tthe da modest decline can be what bearish market watchers are expecting. They expregs pressed discomfort with current sky high stock, rather. These very strong stockmarket prices are in a sense a victim of the weak economy, not a sense we are about to have a strong recovery to our real economy. He pointed to the nations growing income inequality as another reason for a weak economic recovery. Byron weeks sees things differently. He says all the commission around the world are doing well. Thats why he is very bullish on stocks right now. He is chairman. Its so nice to have you on t
Pre4th of july parade the record high, yes, the dow did stay above 17,000 for a second day and the s p did remain a day or twos rally from the 2,000 mark, this summer day on wall street was one for reflection and maybe taking chips off the board t. Dow lost 34 points to finish at 17,024 t. Nasdaq was down 34, its biggest oneday drop in a month and the s p 500 slid 7 or about. 4 of a percent. Some consider whether the average is too high and tthe da modest decline can be what bearish market watchers are expecting. They expregs pressed discomfort with current sky high stock, rather. These very strong stockmarket prices are in a sense a victim of the weak economy, not a sense we are about to have a strong recovery to our real economy. He pointed to the nations growing income inequality as another reason for a weak economic recovery. Byron weeks sees things differently. He says all the commission around the world are doing well. Thats why he is very bullish on stocks right now. He is chair