Case got it wrong. Nobody expected things to turn this thing this fast. The trump rally trademark is still available. Nobody patented that, copyrighted that, its still available. Arent you proud of the fact this show two days before the election, the day before the election, asked the questions over and over, if he wins, they control all houses of government, you at minimum get tax reform and less regulation, why would that be bad for the stock market . That question was asked over and over again on this show. I had to be called a jackass on twitter by a supposed colleague because i disagreed that the market would go down 1,000 points. By definition when this Insane Person with his finger on the button of the nuclear code, when he was going to be elected. We put up with a lot. We pit up with a lot to. There have been a lot of speculation about where this would all go. Lets juxtapose the wisdom of the American Public versus the elitist intellectual ruling class that permeates this entir
Jpmorgan agrees to pay 264 million to setting charges that it bribed chinese officials. The stock up about is . Weekly jobless claims falling to get this, 43year lows. And apple has reportedly asked manufactures into looking into making iphones here in the u. S. A. Hello and welcome. Lets welcome in your copilot for the next hour. David winter. Ceo of winter green fund, one of the worlds east investors. If you like etf and index funds, listen up. They may bring interest regular sear why they may be more expennive. Janet yellen making big headline on capitol hill. Steve liesman has that. Seems like about a week ago, but this morning, we got good economic data. A little less inflation. That adding to the outlet for gdp. Our rapid update, which brings together the forecast from the street, tacking estimates by. 2. Now, its. 6 were tracking for the fourth quarter. Early days, lots of data yet to come, but right now, were running 2. 6. s look at whos Goldman Sachs running near 3 at 2. 8. Mo
Continue the hour by hour minute by minute task of assembling the new government. Other political figures all spotted at the Transition Team makes its first bold move to drain the swamp. We have our reporters and cameras there. On the president means needs a new operating system for businesses to Silicon Valley. Theyre here exclusively on how it has brought up most of the news. Speaking of change how will the middle east move in change in this new era. As israel waits and wonders. With is exclusively whether the two state solutions survive. Were on record watch. It hits another lifetime high tech stocks are driving the nasdaq higher. Lets start the countdown. She won when you see all of the green on the screen the banks nearly all of them are still cheering postelection. After shuttering its stellar thanks to bank names. Uncertainty is seeping in to this index right now. With 58 minutes left of trade. They had crossed it 85 times today. The record that we need to watch here. We are at
March. Last trading day of the month, a lot o data, more fed comments ahead of the jobs report on friday. At viacom the drama continues. The current board, well, its not going to go quietly vowing to dig in. And this is whats amazing, fight its Controlling Shareholders hold over the company. And a new name at the top, debt on the highest paid ceos and why the pay isnt moving the direction you may think. First up we head into the final trading session of may. The nasdaq leading the month more than 3 . If the gains hold this will be the fourth year stocks have major averages have gone positive for may. No selling and going away necessarily. Mike, your point this morning is stocks have been able to rally in an environment where a rate hike looked more and more likely. Exactly. Although its hard to say if the market is fully kind of digested that idea that were going june, july. But todays personal spending number kicks you in that direction again. Been a strain in the market for well over
Straight day, we saw a biggerly sale off that was followed by a big recovery as investors grapple. Were asking a simple question on the show tonight. How can you fed proof your portfolio if they raise or dont raise . Guy . That is the question. You have to answer the question, do you think they are raising for the right reasons or raising because they boxed themself sboosinto a corner. I think the latter. I dont think because the economy is getting better. A lot of the data was in a word lousy. Is that is, in fact, the answer you stay low in the bond market. A huge sell off yesterday and didnt perform that well today but i still think what is happening here is the front end of the curve is going higher. The back end is going lower and i think you stay with that. Youre saying regardless of what they actually do, the economy is weak and therefore thats my opinion. Right. Of course. The folks at home have to answer that but thats what i think. Grasso . Was it real or reverse. Xlu came bac