See. Workshop hathaway, Warren Buffett said he needs a quiet 2017. Betty it has been everything but quiet in the equity markets these days. Out, but it to close want to point to you a chart. G btv 9668, which is what we have seen for huge amounts of price swings in the equity market. If anybody doubted whether or not volatility was here to stay, just look at this chart here it it shows you the difference between the highs and lows on average on the s p fearing s p. Right, butett is 2018 is a totally different story. You just saw on the righthand side with how big those differences are in the highs and the lows. You can see that even on friday, the s p rising by 1. 6 . The dow swinging back with these huge gains 350 points. The nasdaq also rising by 2 . It will be interesting to see, with all the news coming up this week, what price action we will get starting monday in the u. S. Yvonne it seems like we bucked that trend selling on friday. The relief are a lot of equity traders. A lot o
Intervention is not the solution solution. They are desperate to try to keep this market up and theyre trying every rule in the book to do that. Unfortunately as you know the more they do the more uncertainty is imposed on the market. Its official puerto rico defaults on a Debt Repayment for the first time ever. The governments debt spiral warning comes to fruition. Putting the brakes on profits. Toyota calls china a difficult environment while bmw warns of slowing sales. Coming up on the show hes a man with a plan. Obama talks tough on climate change. What would you give the president for his birthday which, by the way, is today . The numbers are in and its not looking good for Hillary Clinton. Stay tuned as we unveil the results of the latest wall street journal poll and angry gamers. Why the app ruffled some feathers, later in the show. Welcome to the show. It was an ugly start to the month of august with stocks falling across the board. The dow losing 91 points. A lot having to do
Foreign Relations Committee will come to order. In keeping in the great way senator lindsey runs his meeting, we start here on time too. And well defer our opening comments out of respect to you so you can make your introduction and go on about your business. But you honor us by being here. We thank you for that. And the floor is yours to introduce one of our nominees. Thank you, chairman corker and Ranking Member. Thank you for the opportunity tew peer before the committee on behalf of the president s nominee to serve as the undersecretary of state for management. Hes been my budget director, hes an excellent manager. He has tremendous historical knowledge and coordinate many efficiently. He was born and raised portland, oregon and attended college in san francisco. He remains loyal to his west coast roots. After graduating college, he considered teaching diplomatic history. While he never had a chance to pursue that interest, the opportunity to pursue the role in Foreign Policy will
Senator lindsey runs his meeting, we start here on time too. And well defer our opening comments out of respect to you so you can make your introduction and go on about your business. But you honor us by being here. We thank you for that. And the floor is yours to introduce one of our nominees. Thank you, chairman corker and Ranking Member. Thank you for the opportunity tew peer before the committee on behalf of the president s nominee to serve as the undersecretary of state for management. Hes been my budget director, hes an excellent manager. He has tremendous historical knowledge and coordinate many efficiently. He was born and raised portland, oregon and attended college in san francisco. He remains loyal to his west coast roots. After graduating college, he considered teaching diplomatic history. While he never had a chance to pursue that interest, the opportunity to pursue the role in Foreign Policy will be a great privilege. He began work in the legislative branch in 1989 and se
Im sara eisen im wilfred frost good morning to you from me as well very good morning to you i dont get to say that often. Its been a lot of travel lately and im today youre off for work west coast, for work. Dont sound sosurprised. Wanted to clear it up lets get to the markets. Have a look at what theyre doing. The dow getting closer to 23,000 we hit the highs in the morning, then sold off a bit. We close up for the dow about 0. 4 less than that for the nasdaq. The s p was up 0. 2 . Telcos the top sector. Banks also did well as we saw yields pick up real estate and healthcare were the disappointing sectors. Essentially flat this morning. Yields did pick up yesterday that manufacturing data was better than expected really brought a smile to rick santellis face as well. He enjoyed that number 2. 31 the yield on the tenyear that slight pick up helping bank stocks as for the overnight action in asia. Sort of mixed picture. Japans nikkei continued to push higher, up 0. 4 . Loving that weake