You heard it from Warren Buffett and the ceo of general electric. Warren buffett says it is obscuring the greatness. It is an Election Year and candidates cant stop speaking about the countrys problem which only they can solve. As a result of the negative drum beat Many Americans believe their children will not live as well as they do. Thats dead wrong. Those born today are the luckiest crop in history. At least in terms of your weekend reading time it goes deep into politics. Surprising for me. Again, quoting him about the Current Business environment, whats unique in this cycle is the difficult relationship between business and government. The worst i have ever seen, end quote. He goes on to write Technology Productivity and globalization have been driving forces during my business career. In business if you dont lead these changes you get fired. In politics if you dont fight them you cant get elected. Immelt says most government policile is antigrowth, end quote. These perpetual roa
At least in terms of your weekend reading time it goes deep into politics. Surprising for me. Again, quoting him about the Current Business environment, whats unique in this cycle is the difficult relationship between business and government. The worst i have ever seen, end quote. Wow. He goes on to write Technology Productivity and globalization have been driving forces during my business career. In business if you dont lead these changes you get fired. In politics if you dont fight them you cant get elected. Immelt says most government policile is antigrowth, end quote. These perpetual roadblocks perpetuate a cycle of slow growth, poor job creation, populism, low productivity, poor policy and more slow growth, end quote. Wow. I can quibble with globalization. It hurt a lot of working people im not going to quibble with the caustic nature of the political backdrop that makes doing business more difficult and makes us less willing to pay up for the stocks of any business, no matter how
Far. Looking at so ar this morning we got Economic Data on home prices. The case schiller home price index showing an increase of war than five percent of a weathered is talking about the top 20 cities or more broadly, looking nationally. You can see the three major averages are trading higher, representing a rebound from yesterdays decline. Once again in the green for the full year. We have had a lot of switching back and forth on that front. As the is nearly as high nasdaq today. Seeing a switch from yesterday. Betty while prices are dominating the direction of the trade. Definitely, we are seeing more of an issue with commodities following the trade. This, 2. 3 looking at today. It is helping matters. Myyou look at bloomberg terminal, financials doing the best, followed by commodities. Yesterday, a broadbased decline, and today a broadbased advance. Natural gas is once again powering higher rate it has been on a winning streak on the outlook finally, some colder weather. The local n
Transitory factors. They expect growth to rebound to a more moderate pace. Stocks closed down for the day. Japanese Prime Minister shinzo abe spoke at a joint session of congress today. He is the first japanese Prime Minister to do so. He is trying to win support for a trade deal. Democrats are skeptical. Shinzo abe let us bring the ttp to a successful conclusion through our joint leadership. Cory johnson he also offered regrets for the lives lost during world war ii and underscored their resolve to make the world more peaceful place. Today in camden yards, the First Major League game in Major League History to be played in front of a completely empty stadium as a results of the riots in baltimore monday and tuesday night. Shares of yelp did not do well as investors lack confidence in the companys earnings. Britney spears will be part of a new mobile game. Now to the lead, the largest tech merger in history could be in the works. Salesforce has an unidentified potential acquirer. Finan
Working hard to catch up with demand. Gdp slowed to a near halt in the first quarter, partly reflecting transitory factors. They expect growth to rebound to a more moderate pace. Stocks closed down for the day. Japanese Prime Minister shinzo abe spoke at a joint session of congress today. He is the first japanese Prime Minister to do so. He is trying to win support for a trade deal. Democrats are skeptical. Actions youshinzo abe let us bring the ttp to a successful conclusion through our joint leadership. Cory johnson he also offered regrets for the lives lost during world war ii and underscored their resolve to make the world more peaceful place. Today in camden yards, the First Major League game in Major League History to be played in front of a completely empty stadium as a results of the riots in baltimore monday and tuesday night. Shares of yelp did not do well as investors lack confidence in the companys earnings. Britney spears will be part of a new mobile game. Now to the lead,