Impact it will have on the rest of the president s economic agenda. Plus well talk about disneys earnings. Revenues though a bit weak and of course its all about espn and cord cutting. You want toer what what bob iger had to say about the quarter. The yelp shares getting hammered. Well dip through that quarter that is dragging the name down. Obviously the story of the morning is the firing of jim comey. The lleyton ohis leaf the latest on his leaving the office. Lets go to eamon javers this morning. Good morning. Were an hour and half away from President Trump meeting in the oval office with Sergey Lavrov in the oval office. That came one day after firing comey who was investigating if any Trump Associates were in collusion with the russians in that process. We just saw mr. Lavrov at the state department a few moments ago play that video for you. And i believe we have some sound here of mr. Lavrov is asked about the firing of mr. James comey. Does the comey firing cast a shadow over wh
Washington with a lot more. We are less than 24 hours into this stunning news of President Trump firing james comey, the fbi director, who is leading an investigation of the Trump Campaign and Trump Associates over ties with russia, which, of course, interfered with our election. We saw just a few minutes ago that the two leaders in the senate, republican Mitch Mcconnell and democrat, shuchuc schumer took their roles. What we have now is our democratic colleagues complaining about the removal of an fbi director, whom they themselves repeatedly and sharply criticized. That removal being done by a man, rod rosenstein, who they repeatedly and continually praised. Chuck schumer, the minority leader, had a different view, as you would expect. I will be requesting that the majority leader call a closed, and in necessary, all senators briefing with the attorney general and Deputy Attorney general separately at which they can be asked questions. But beneath those two familiar roles, we are see
I have been there for 33 years, so i have known seems like ive known you for at least 20 years. It does. It feels that way. It does feel this way. [laughter] but it doesnt feel ld to. It just feels like were in our living room. Yes, i9 does. [laughter] so leigh is my closest friend at fortune, so full disclosure but she can still ask me tough questions. This is not going to be that edgy or challenge, its up to you to ask the challenging questions, the really tough questions. So i was very flattered when i was in the middle of the airbnb story when leigh asked me if she would do this tonight, gave me incentive to finish it. [laughter] the book is great. We expect you all to read it. I was a big fan of leighs first book, and is it the end of the suburbs or end of the suburbs . The. The end of the suburbs. [laughter] and that is about the movement from the suburbs to the cities of people, companies and money. And so this airbnb story was kind of a natural for you as a followup. How natura
Stocks selling off today after two Straight Days of gains. The dow is off the lows of the session, but we can see there it is down by 154 points. So by triple digits with this volatility translating into a good year for active managers. According to funds track, 52 of large cap managers and 73 of value managers are beating their benchmarks in the Second Quarter. Joining us now, bill nichols, head of u. S. Equity trading at cantor fitzgerald. It really hasnt been the greatest environment for active managers until now. Right, robert . Yeah absolutely mandy. I think thats putting it mildly. Right . For the last six years since the bottoming out of the s p in 2009 active management has gotten trounced. I think thats indicative of the environments. Everything across the board was cheap at that point so trying to pick a handful of stocks or 40 or 50 stocks was really a losing proposition. But today when you look at fair valuations across the board, i think now is the time over the next three
Stocks selling off today after two Straight Days of gains. The dow is off the lows of the session, but we can see there it is down by 154 points. So by triple digits with this volatility translating into a good year for active managers. According to funds track, 52 of large cap managers and 73 of value managers are beating their benchmarks in the Second Quarter. Joining us now, bill nichols, head of u. S. Equity trading at cantor fitzgerald. It really hasnt been the greatest environment for active managers until now. Right, robert . Yeah absolutely mandy. I think thats putting it mildly. Right . For the last six years since the bottoming out of the s p in 2009 active management has gotten trounced. I think thats indicative of the environments. Everything across the board was cheap at that point so trying to pick a handful of stocks or 40 or 50 stocks was really a losing proposition. But today when you look at fair valuations across the board, i think now is the time over the next three