I have always admired and wanted to work New York Times since i was a student in college, and one of the bookses i read as a college student, i think, or pretty early on was a book on the times. Its something i always thought about. You raise a really good point, your question. Basically, this book goes from 19772016. There are a bunch of advantages of that. For one thing, im not writingwr about people who are there, or more directly, writing about people i work with or about. More than that,at in terms of approaching a project like this, there was a level of candor and also access to documents that i hoped i would have if i was writing about the present. If i was writing a contemporaneous book about the times, i dont see a way to do it while i was still working there, and i dont think i would want too do it e, actually. Ing as much as i expected and maybe more so the benefit of time has really been critical in terms of assessing what is important, what matters, what doesnt but also ge
Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight steve grasso, karen finerfinerm dan nathan, and guy adami. The dow was nearly 900 points higher. And look at treasuries. The bond market was closed yesterday, but yields on the tenyear dropped 16 basis points today, its biggest pullback since march. The moves coming amid some more dovish talk out of the fed today. Atlanta fed president Rafael Bostic adding to the chorus of officials like lorie logan and Phillip Jefferson suggesting the central bank may be done raising rates. Retail to builders to even the recently utilities all higher in todays trade. So, does this set the stage for a market rally into year end . Guy . I pause because i know the answer how do you know the answer . Because i know you, and im in your head. You are my head. If rates do come down, i mean, that does seem to, in recent, you know in recent past, lower rates are supportive of stocks. The question is, why are rates going lower .
Folded her tent did nothing as antisemitic protest continue on her campus. And joe biden wants to blow up Donald Trumps successful tax cuts. There is a real bad idea. Tax Foundation Scott hodge will talk about it former speaker Newt Gingrich reminds us how Ronald Reagan refused to let campus radicals shut down colleges. Liz peek and carol downey will have a thing or 2 to say. First, we go to ma Madison Alworth live at columbia, what happens and what didnt happen . Reporter well, you can see a lot of action students have been protesting for weeks, even after the columbia president threatens suspension it has not slowed them down, columbia receivings over a billion dollars a year from federal government, to my left, this is the encampment at the center of camp us, there are threats these students will be suspended, yet it still stands, now in washington lawmakers are pushing in a bipartisan way to push for ending funds for universities like this. Sending a monitor to school and assess ho
Folded her tent did nothing as antisemitic protest continue on her campus. And joe biden wants to blow up Donald Trumps successful tax cuts. There is a real bad idea. Tax Foundation Scott hodge will talk about it former speaker Newt Gingrich reminds us how Ronald Reagan refused to let campus radicals shut down colleges. Liz peek and carol downey will have a thing or 2 to say. First, we go to m Madison Alworth live at columbia, what happens and what didnt happen . Reporter well, you can see a lot of action students have been protesting for weeks, even after the columbia president threatens suspension it has not slowed them down, columbia receivings over a billion dollars a year from federal government, to my left, this is the encampment at the center of camp us, there are threats these students will be suspended, yet it still stands, now in washington lawmakers are pushing in a bipartisan way to push for ending funds for universities like this. Sending a monitor to school and assess how
Cramer. Suddenly we have brown chutes everywhere and that is a good thing. Remember we are on the lookout for a slowdown that would justify the defensive position that we dont need any more rate hikes. When we get brown shoots, the opposite of green shoots, wall street laps it up. The fed might win the fight against inflation. Thats what the dow gave and that nasdaq pole voted 1. 9 . That was easy. Its been hard to parse this economy. The numbers on march 8th for so steaming hot that it felt like the fed was blindsided because they been talk about multiple rate cuts this year. And you dont do that when the job market is booming. Anything that makes the fed looks stupid hurts its ability to maintain price stability paired with the fed really wrong . When wall street came on the possibility of rate cuts and the fed joined them we start getting actual signs of a weaker economy. It makes sense. Theyre doing their job. It was followed by another hot set of numbers for march. The benchmark u