And that assumption would be incorrect. The tools are not what call battle tested. Some people asking if amazo is a monopoly. The question for the democracy is, e we okay with one company esntially winning capitalism . How do you and jeff think about the call to break you guys up . Simply because the companys be successful doesnt mean its somehow too big. Narrator now on frontline. Mi dotion was very much the idea. Narrator amazon empire. Frontline is made possible by contributions to your pbs station from viewers like you. Thank you. Anby the corporation for public broadcasting. Major support is provided by th johnd catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. And by the Ford Foundation working with visionarithe frontlines of social change worldwide. Additional support is provided by the abramfoundation, committed to excellence in journalism. The park foundation,di ted to heightening Public Awareness of critical issues. Thjohn and H
Backdrop for good couple years. Only now are we seeing it pop up. Am i missing something in the president s poll numbers . I think youre right, neil. Always been there. The economy is in good shape, right . Not spectacular shape as many some of the president s defenders would say. It is in good shape. Unemployment seen recently down 50year low. Market likes it. That is a pretty good backdrop from president running for reelection. I think what making it particularly powerful for him, he is up against candidates of a party seems not to just be replacing the president , seems, democrats have been going through this process, talking about replacing nature of the u. S. Economy. They are proposing many of them, pretty radical transformation. Some more radical than others to be tear. Medicare for all, wealth tax, significant regulation. Neil least among them has dramatic plans to raise revenue. Were talking even in joe bidens case, 3. 2, 3. 4 trillion over 10 years. So the challenge i think f
Housing data rebounded with Building Permits at their highest levels in 12 years we are set once again for record time close on the nasdaq anything positive, of course, is a record the s p has just dipped negative the dow has been negative for most of the afternoon. Joining us for the full first hour of the show, steve weiss from short Hill Capital Partners steve, very good to see you. How you doing . Good to see you what stands out as to whether or not were going to issee a meaningful move higher or lower . Its all about trade. Home depots announcement aside, which wasnt terrible wasnt terrible or was terrible was not terrible. And the stocks appropriately are saying, theres lots of people buying it into the earnings. And home depot, lets face it, theyve delivered remarkably over the last decade, particularly since new management came in but i dont think its really a referendum this report on the health of the consumer, which is what the market is based upon. And appropriately, were b
This comes after a decline of about 29 points. S p indicated up by 12. 5 you want to take a look at whats happening in the president ry market yields look like they are a little weaker. Dow component is reporting. Company is reporting a quarterly profit 3. 88 a share increasing the full year out look we have a nice gain in the stock there. This is a dow component. Thats the headline. It is going to help the dow. That is one of the reasons 3. 5 points adding nicely we wouldnt be up without United Health a lot of different view points on how theyll fare. Depending what happens they have been weak. Wont mention any names. We have an update lets do black rock first we have a lot going on earnings coming in from black rock looks like they earned 7. 15 better than they were expecting. Revenue looks like they are about in line with expectations. Couple other things, they say the longterm net flows. 52. 2 billion. This is a company has has 649. 64 trillion this companys ceo will join us who is
Test. Test. Test. Test. Test. Test. Test. Test. Captioning performed by vitac weve got commercial crew program, weve got space tourism, were going to the moon and using that as a steppingstone to go onto mars and some people want to retire there one day. There is so much excitement. So i would love for each of you to share what youre looking forward to most about the future of Space Exploration and are there things from apollo that still resonate today . The Critical Technology right now is what we call, you know we just got to figure out how to land the kind of masses were talking about landing on mars. Thats something weve got to figure out again, if i go back to what spacex is doing and has done, we had talked to them about flying a dragon to mars and landing because it would give us data about a landing on mars. Again, working with the private sector and experiment that is theyre doing that keeps nasa from having to do that allows them to go on and develop the exploration part of t