Crude down 21 in july. That makes this the worst month since 2008. As you can see exxon shares down 4. 5 . Chevron down 5 today. Coming up. Labor posted the smallest increase on record in the Second Quarter. They started keeping the data in 1982. We will hear from somebody who predicts a september rate hike is off the table. We found somebody who said it may not be. Our segment which is taking a toll on the consumer. We will hear from Royal Caribbean ceo whose companys stock is hitting an alltime high after beating expectations today. A lot to get toompt lets get to the crude oil, this miserable month. The damaging effects of the oil collapse on earnings. Good afternoon. Let me talk about the settle for crude oil. 4712 to give you perspective. The Second Lowest weekly close that we have seen this year a very bear signal to traders and down 21 on the month. Its worst month since october of 2008 in the heart of the financial crisis. Lets talk about the earnings because traders did not li
Primary debate. 24 million americans tuned in last night to watch 10 republicans go at it, and the drawing card was clearly a trump. Heres Major Garrett. Reporter the debate opened with donald trump refusing to rule out a Third Party Candidacy if he does not win the republican nomination. I will not make pledge at this time. Okay. Reporter the tone toughened from there. Foxs megyn kelly pressed trump to explain his previous comments about women. Youve called women you dont like fat pigs, dogs, slobs and disgusting animals. Your twitter account only rosie odonnell. cheers and applause i dont frankly have time for total political correctness, and to be honest with you this country doesnt have time, either. What i say is what i say. And, honestly, megyn if you dont like it, im sorry. Ive been very nice to you although i could probably maybe not be based on the way you have treated me. But i wouldnt do that. Reporter yes actually, he would. Trump later posted on twitter ask he retweeted a
24 million americans tuned in last night to watch 10 republicans go at it, and the drawing card was clearly a trump. Heres major garrett. Reporter the debate opened with donald trump refusing to rule out a Third Party Candidacy if he does not win the republican nomination. I will not make pledge at this time. Okay. Reporter the tone toughened from there. Foxs megyn kelly pressed trump to explain his previous comments about women. Youve called women you dont like, fat pigs, dogs, slobs, and disgusting animals. Your twitter account only rosie odonnell. cheers and applause i dont, frankly, have time for total political correctness, and to be honest with you, this country doesnt have time, either. What i say is what i say. And, honestly, megyn, if you dont like it, im sorry. Ive been very nice to you, although i could probably maybe not be based on the way you have treated me. But i wouldnt do that. Reporter yes, actually, he would. Trump later posted on twitter ask he retweeted a follower
Thoughts on apple and the hot investments that he missed. Its a merger monday. Comcast and charter, theyre not merging, dont worry. But they have an announcement. Kate spade and coach, yeah, they are. Plus other deals brewing. And france has decided what the new president means for the u. S. And the global economy. First up though, Warren Buffett sharing his latest views on investing this morning. This is what the oracle had to say to becky earlier this morning on squawk about stock valuations. The most important item over time in valuation is obviously Interest Rates. I mean, if Interest Rates are destined to be at very low levels, not necessarily as low as they are now, but very low compared to the 100 year averages or 50 year averages it makes in i stream of earnings from investments worth more money. Buffett said bonds is a terrible choice relative to stocks. Take a listen to that. Anybody that prefers bonds to stocks is making a big mistake. I have been saying that year after year
He had an obvious win on his hans and he punted and didnt take advantage of it. Nasdaq gained. 03 . Accountability at last . The money manager in question was warren buffett, and maybe the take away is that only the worlds greatest investor can afford to make a mistake. Everyone else must be too secure to do the same thing, because theyre all making them. It rapt at everything buffet said over the weekend. When he told us what hes looking at, what hes thinking, way he he is a done right and whats done wrong. He and his team, including the incredibly youthful 994yearol charlie mugger particularly the companies he plat flat out acquires wholesale. Before he go over buffets selfadmitted gaffs. This is a man who believes in america, who believes the future is brighter than the past, and he likes business es he can buy for less than best of breed companies. He can afford to take his time and get it right. Because the penalties for getting it wrong are very high. He values hard work and smar