On what crossing this milestone might finally mean. We sat here a few weeks ago. Right. We got within a third of a point. Ill tell you the difference is the way you cross it. I mean, when we got there last time, i think a lot of people felt, wow, all these stocks are so stretched. Its really the banks that are doing it and thats not sustainable because banks have gotten way ahead. You look at the charts. And most of the of the good numbers that were in are more animal spirit driven. This is the biggest week of earnings, big week of earnings last week and were putting together a proctor, an american express, we look at ibm, 3m, which i know some didnt think was that great. It was fine. We look at United Technologies and boeing and say, geez, these are companies doing pretty well. So maybe its not all smoke and mirrors. Maybe its not all animal spirits. Maybe its not all trump inauguration. There was also a tremendous short base put in because people felt like no matter what happened its
Do you think hillary would have asked for 700 million . I assume you wanted her to win, but you know what . Youre going to do great and walmart announced plans to create 10,000 jobs, and all of those jobs will be in the United States. Sprint softbank is putting in 50 billion because of our election. In the United States owes of next four years to create 50,000 jobs. Theyve been terrific, by the way. We have many others, many of you are in the room and you know exactly what im talking about. Today we have 24 ceos from the Largest Manufacturing Companies in the country, even in the world. They represent people just in this room nearly 1 trillion of sales, and 2 million employees, large jersey of which are in the United States. They share our commitment to bring manufacturing back and to create jobs in this country, which have been the biggest part of my campaign. I would say the border a big part, military strength a big part and jobs a big part. I dont want to say which is most importan
The first half called people to run screaming from the stock market. The second half produced some fabulous gains. Even as we pull back today, the dow dipping 32 points, s p declining, nasdaq actually bucking the trend, advancing marginally. Yes, i phrased it like great expectations. Where was the worst of times and best of times one one quarter. I want to do some teaching here, and not just about english l illustrate t the lesson of this winter despair flosh has a spring of hope. Nor one with no earnings prospects, but a company that historically has hung in there . You almost always get a better chance to sell than into the vortex of panic. That causes so many investors to lose their heads at the worst possible time. Lets start with caterpillar. The giant Machinery Company has had such a hard go of it as of late. At the end of january they reported a loss of 15 cents versus 1. 35 profit the year before, but if you looked unthe hood, they taken a huge restructuring charge. At the time
Opener, your world in 90 seconds. Unfortunately over the past several weeks we have seen all too much of the nfl doing wrong. That starts with me. Damage control at the nfl. Commissioner Roger Goodell holding a News Conference to itemize the leagues plans for dealing with and preventing Domestic Violence. Have you considered resigning at any point throughout this . I have not. Im focused on doing my job. Security breach at the white house. Someone jumped a fence. A man running across the lawn just feet away from the front door. President obama and his daughters had just left bound for camp david. The manhunt continues in pennsylvania. Eric frein is accused of shooting one state trooper to death and wounding another. Firefighters are digging fire lines in the El Dorado National forest to keep a wildfire from spreading. The terrain forced the evacuation of 2,800 people. Going gaga over alibaba. The biggest ipo shares are up, 38 . All that good news for gordo. Hitting during a police chas