The biggest mover when you get sort of adjustments, well, a little bit. But not really. 2. 35. Kind of hanging in there. Crude oil has been one of the bigger stories of the week of course with its significant drop over lets call it the last week or so. Oh, its a crash. Crash. I would put it when you have its almost one of the things that we have to talk about was there two hedge funds somebody didnt liquidate it. 53 or 54, straight line, i think it borders on a crash. Straight line. One of the stories were following this morning. Lets get to the others and our road map it starts with of course the u. S. Employer employment picture. U. S. Employers picking up the pace of hiring. The Unemployment Rate fell to the lowest level in nearly a decade. Plus oracle of omaha, is r ouring is osouring on ibm. Jim and i may wonder what took him so long. A warning to the Trump Administration. Ges jeff immelt calling on government to try harder to avoid the protectionist policies and to level the Play
And while fizzling on ibm, theres one ceo in particular that mr. Buffet really admires. Well have details in a moment here. He doesnt own his shares, by the way. Aparentally not. Constellation brands, corona on fire this year, theres the shares, up huge, about 17 . The cfo joins us exclusively to talk about the beer giants strategy moving forward. New report says amazons jeff bezos and apples tim cook could bury the hatchet. The hatfields and the mccoys getting together. Well explain a little bit later. Lets begin, though, with mr. Buffets market moving comments on ib mrgs today. This is what he told becky quick on why he sold a third of the shares. I dont value ibm the same way that i did six years ago when i started buying them. I mean, overall, i think the six years that i revalued it somewhat downward, and as a matter of fact, over the 180, we actually sold a reasonable amount of stock. You sold a reasonable amount of ibm . Right. Last id seen you, Something Like 13, 14 billion dol
Obamacare repeal yesterday. A very strong jobs number, with unemployment at an 11year low. But the market meanders during the day. It just wasnt the huge upday that i think you could have expected given all that good news, bought rights now were caught between those that think the economy isnt all that strong, as demonstrated by the weakness in the commodity complex versus retail sales. What could tip things in favor of the bulls . If the white house and congress can come together on some kind of tax reform, this market would roar if they would pass what our president describes as the biggest tax cut in history. Although have you noticed he tends to you hyperbole . However the markets clearly skeptical of washingtons ability to get things done, because otherwise the averages would have soared instead or just bide their time and go up at the end of the day. Were still in earnings season, which is now back to its garden hose status, instead of the fire hose numbers we have gotten used to
City, its Stephen Colbert cheers and applause . Stephen hey. Hey stephen good to see you. Good to see you. Hey, ladies and gentlemen, please. Welcome to the late show. Welcome to the late show. Im your host, Stephen Colbert. First of all, happy star wars shall star wars day, everybody, may the fourth be with you. Also i think the republicans may have fourthed you off your Health Insurance because the house voted to repeal and replace obamacare just a few hours ago. For more lets go to our congressional no, i know the feeling. Lets go to our congressional reporter ben. Ben, what was that moment like . As if millions of voices suddenly cried out in terror. Stephen thanks, ben. Now, hes a good kid. Now when they tried to pass this kind of bill back in march moderate republicans thought that it was too harsh. While conservative republicans thought it was too soft. The only person who thought its with just right was oregon congresswoman goldi locks. She was into it at first but eventually v
Sullivan theater in new york city, its Stephen Colbert cheers and applause . Stephen hey. Hey stephen good to see you. Good to see you. Hey, ladies and gentlemen, please. Welcome to the late show. Welcome to the late show. Im your host, Stephen Colbert. First of all, happy star wars shall star wars day, everybody, may the fourth be with you. Also i think the republicans may have fourthed you off your Health Insurance because the house voted to repeal and replace obamacare just a few hours ago. For more lets go to our congressional no, i know the feeling. Lets go to our congressional reporter ben. Ben, what was that moment like . As if millions of voices suddenly cried out in terror. Stephen thanks, ben. Now, hes a good kid. Now when they tried to pass this kind of bill back in march moderate republicans thought that it was too harsh. While conservative republicans thought it was too soft. The only person who thought its with just right was oregon congresswoman goldi locks. She was into