Concern about the economy and manufacturing and housing. The dow and s p hit alltime highs this week and the dow industrials cracking the 27000 mark for the first time and staying there. Joining me now is mike murphy. Happy to be here. The first of the week we had a little said in ecb, give me your take away from the week. I think people are really helping that the fed will be accommodated. But the backdrop or is the market right now can support higher level without the fed. But if the fed comes in and gives us a rate cut on top of the economy that we have. You can call it was to the stock market and some people would say. It will give us new highs in the market. If we hit a rate cut in the market reacts negatively because maybe it looks like the Federal Reserve know something with that we dont. Were out of 50 when youre low on a payment per wave growth of 3. 1 certainly in the first corner. Here we are on the doorstep of the Second Quarter earnings. Not expected to be great, expected
The sun has come back out. Actually the conditions on the ground seem to be getting worse by the hour. A lot of roads like this are becoming rivers. Weve seen crawfish, snakes with their heads above the water and a strong current. You can see cars completely under water or just the tops, the roofs coming out of the water. These tornadoes though have not been as deadly as predicted. They were expected to be extremely violent. As of tuesday morning, zero casualties from the tornadoes themselves. Thats because people were making quick decisions to save their lives like this woman. So i told my son and granddaughter to get in the bathroom. We pulled the mattress in there. We heard boom, boom, boom. It probably lasted maybe 30, 40 seconds. We opened up the front door and i had a pine tree in my front door. So a lot of people like her had plans. Theyre experienced. They go through this every may. The work of the First Responders has been tremendous. Weve seen local Fire Departments out pulli
I imagine that im somebody else talking to somebody who doesnt mean that much to me at all and nothing you say could have any affect on me. I am horrible at it. Thats what i try. It doesnt work. Well, i have never detected that. Everything you describe has never actually happened on screen. Its only happened in your head. And so maybe we overworry these things. Maybe we do. Well, i wish you luck anyway, and break a leg and all those things. You are going to be fine. Just leave your body. Thank you, rachel some of the guests on this program might be on their way to the history books, especially the president ial candidates. There is probably a future president and future Vice President in that group. We will be zwroijoined by somebn our history books. The one book i rote about the 1968 president ial campaign and many other books. She campaigned for Bobby Kennedy that year and was on the stage when he gave his speech in what turned out to be the last night of his life. President obama ga
Dictator. The small town mayor with the unusual name has overtaken some betterknown rivals. This spring raising nearly 25 million. Feels good . Yeah, the important thing, of course, is what are you going to do with it . But does he have what it takes to go the distance . Wheres the national experience, wheres the seasoning . The candidate with the compelling personal story there was no way to deny that i was very much in love. Is also facing questions that could threaten his surging campaign. What matters about a black life to you, mayor pete . You have very angry people in this community. Do you understand why . Is he going to do better with black voters . I cant imagine he can do worse at this point. Will the very things that make this young intellectual and openly gay candidate unique help or hinder his historic run for the white house . Im Jacob Soboroff here in south bend, indiana, the hometown, of course, of south bend mayor and president ial hopeful Pete Buttigieg. On this headl