Growth. Late on the program, ill be asking larry kudlow why is this happening in a fullyemployed economy. Thats jobs and now the markets. Here it comes, 29,000, the dow may hit that mark today. Yes, the astonishing market rally has taken us up 11,000 points on the dow, since the election, of donald j. Trump and the value of American Business has gone up 12. 8 trillion since he was elected. A few minutes from now the market opens and well see the dow go up just a little bit more , maybe 20 points up, s p up maybe 6 and a 30 point gain for the nasdac composite. One more story and its dramatic satellite and intelligence reports show the plane that crashed into iran was taken down by a missile. It was not mechanical failure or engine trouble. The plane was shot down. Canadas trudeau says it may have been done accidentally. 63 canadians were on board. Varney company, the friday edition, is about to begin. President trump when im thrilled to hold the first rally of 2020 right here, in the gr
Today but we start with todays turnaround after a weekend of threats and a global selloff that saw markets from asia to european drop, u. S. Stocks prove resilient with all tree indexes finished in the green. So faced with one of the most significant escalations in mideast conflict than weve seen in years, investors are Holding Strong could anything shake this market what do you make of the action. Welcome back courtney and tim has been away. Thank you. It is shocking. At one point the vix was 16. 5 and in an environment where the vix has no business in my opinion below 14 i explain it with beginning of the year inflows in a significant way and the fact that the Federal Reserve keeps pumping in liquidity at record paces. Now north of 400 billion since september. At this pace, by april of this year well have exceeded the alltime high for the Balance Sheet for the Federal Reserve which in my mind is just madness. I think that is the explanation. Now the fact that taib contin s continue f
Pete is in his eighth and final year as mayor in south indiana. He was elected in 2011 at 29 years old and reelected in 2015 with 80 of the vote. Under his leadership, south bend has reimagined its role in the global indiana. He was elected economy, spurrinb growth and major investment in the Tech Industry such as data and technology. Pete emphasized building a south Bend Community where every resident, regardless of race, religion, gender or orientation, could feel safe and included. Pete has more years of government experience than the president , more years of executive government experience than the Vice President , and more military experience than anybody to walk into the oval office as president , george w. Bush. Pete served as a lieutenant in and tooknaval reserve an unpaid, sevenmonth lead leave during his mayoral term to deploy to afghanistan. For his counterterrorism and tok an unpaid, sevenmonth work he joint he earned the joint Service Commendation medal. He is a Rhodes Sc
Years end after more than 30 years with the chicago pd. All eyes will be on china and madrid. Almost 200 countries will be there for the United Nations climate talks. China is in focus for several reasons as the largest investor of Renewable Power but also the worlds top carbon polluter. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. China is im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 6 00 in london, 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories we are following on the bloomberg and around the world. Checking the pulse of americas factories, manufacturers feeling the pain as ism data contracts for the fourth straight month. U. S. Stocks in the red. The s p 500 heading for its biggest drop in two months, as President Trump says he is resuming steel and aluminum on brazil and argentina. On
In the Vice President and more military experience since president george w. Bush. He served as a lieutenant in the leave and took a [no audio] he lives with his husband in the same stop the neighborhood were eager up with there to rescue jobs rescue dogs. 2007, [indiscernible] doubt im honored to be introducing him. I still remember when i came out here knocking on doors with a couple of friends deciding we wanted to make a difference with the candidate we believe in and crisscrossed here in read gold ringgold and decatur counties. Remember spending caucus night in murray which i think is not too far from here and having a chance to see myself, this part of the democratic ross s, theres a basketball game going on that did not pause for a selection of the nominee for the president. Just seeing how these communities matched up with the sonorous process of a president ial election and being made to feel so welcome by the people that we met in communities like mao air mao air it is such a