Here joining us is chief Investment Officer of the Minnesota State board of investment. Good morning. Good morning, john. How are you . Im doing pretty well i hope you are, too. So, a lot of people trying to figure out what to do with this market your philosophy is to buy the market and not individual equities but this market has been kind of funky i wonder does big techs increasing waiting say in s p 500 concern you . How do you get as diversified as you want to be no. As i said, i mentioned before, we dont look at sector by sector weve been longterm investors and for the most part we buy the market you know, domestically we own the russell 3,000. We do have active managers, but the vast majority of our portfolio is passively managed our equity portfolio is passively managed, same on the International Side so we probably have most stocks that are available to us. Thats done pretty well for you. I wonder with this disconnect between the economy and the market that were seeing does that
Those shares have been so volatile in the last several weeks. European equities, meantime, on news of this greek arrangement there, you do have red arrows mostly across the board, and perhaps not surprisingly, greece is the one thats getting the lift by 2. 25 . U. S. Equity futures at this hour . Well, after yesterdays big day breaking that sevenday losing streak, the dow would open lower by nearly 125 points. Here are the big stories were watching today. Greece and its lenders agreeing on bailout terms. A Greek Finance Ministry official tells cnbc there are still some minor details, but they wont affect the completion of the deal. The European Commission expected to comment on the deal at its midday briefing. On todays economic agenda, a few data points of of note for this datadriven fed. At 8 30 eastern, a first read on secondquarter productivity and costs, and then at 10 00, wholesale trade. As for earnings central, the consumer front and center this week. Among the Companies Set to
Numbers. They feel more attached to him than they do to the party. They vote republican but consider themselves Trump Supporters first and foremost. Really personal connection. They feel like he is fighting for their culture and their way of life. Well they havent been very much inclined to listen to anything the Republican Party leaders have to say if anything they take any criticism of him personally on themselves. They say. And it only made their support firmer. Interesting. He has the faced push back from republican senators over charlottesville and over his threat last night to shut down the government if he doesnt get funding for the wall. If this gets in the way of his legislative agenda will that affect supporters. The other half of his supporters, more conditional supporters. They want policy outcomes from this president. Now they still back him. But they feel like he has to deliver in congress with legislation they want the tax cut for example. And while most republicans did
Or do you turn, look him in the eye and say, loudly and clearly, back up you creep. Get away from me. Clinton has second thoughts about not choosing option b. Maybe i have overlearned the lesson of staying calm. Bite might tongue, dig might fingernails into a clenched fist. Smiling all the while. Clinton kept a relatively low profile since last november. In another excerpt she wrote about the disappointment of what she called her painful loss. I knew that millions of people were counting on me. And i couldnt bear the idea of letting them down. But i did. I couldnt get the job done. The excerpts allude to russias interference in the election, clinton has also said she will address mistakes lick her private email server in the book which she is calling the most personal book she has ever written. An knowny. Julianna goldman. The commander of the Navy Seventh Fleet was relieved of duty following two deadly collisions in four months. Late sunday night the uss john s. Mccain collided with a
Jon President Trump just left on his first foreign tour. Be the president and the first lady boarded air force one this morning. President trump tweeted getting ready for my big foreign trip. Will be strongly protecting american interests. Thats what i like to do. The president s first stop, saudi arabia before heading to israel. Hes scheduled to visit the pope at the vatican, attend another meeting of World Leaders in sicily. The white house and foreign officials have gone to Great Lengths to accommodate the president and his busy itinerary. Details ahead. In washington, lawmakers are defending answers after the president fired james comey and the Justice Department appointed a special counsel to oversee the bureaus investigation into the trump ties to russia. The president admitted the investigation was on his mind when he decided to fire comey. The move has sparked a back and forth between the president and people close to comey over conversations President Trump and the fbi directo