Rise again. Should you lock in your rate right now . We begin with what we told you about. Crude is soring and we are currently at 3 . And its in the past month alone. Everyone wants to know. Hey there, jackie. I will start with the question and i will answer it right there. We are over 60 today. Traders are telling me they think i could go to 65 by memorial day. That is because we made the run for 60. There has been a lot of resistance and geopolitical events are taking us over the edge. There was closure of a port in libya by protesters and we have seen skirmishes for sometime. People are focusing on saudi arabia and the situation in yemen as well. Geopolitics was the one thing we said could bring us higher despite the fact that we have a global oversupply situation. Right now traders are shrugging that off for the most part. You have a weaker dollar and that is adding support as well. I will say this. In terms of prices at the pump this is not a good thing for consumers. 2. 63 is th
Our road map begins with the markets and that disappointing jobs report. Bill dudley making some downbeat comments on the economy in the First Quarter. Tesla sales set expectations setting a new record a 55 increase, despite the weak rollout in china. And whats missing from samsungs new phone has qualcomm shares moving lower in the premarket. First up this morning, the march jobs report adding concerns about slow economic growth. Payrolls up by 126,000, the fewest since december of 2013. The Unemployment Rate stood at 55 but average Hourly Earnings were up 3 . Oil prices are on the rise. Some analysts believe that iran exports might take several months to ramp up. Oil did tumble about 5 on that news. I think were all kind of stuck looking at the same thing, which is that the numbers kind of confirms what weve been seeing from the industrials, which are weak. I was looking at emersons numbers. Emerson being the quintessential control company. A lot of oil, a lot of dollar. And the numbe
Least one helicopter. There are cabots today on both sides. Plus a new report from Financial Advisers. Hi, ty. We start this hour with jobs in the usa. The market we actually may be muted for a couple reasons. Low participation, and the new violence in ukraine and the real threat of war. The s p 500 is still positive. Nasdaq is positive by about a tenth of a percent, and the russell 2000 is positive as well. The tenyear note, the yield is 2. 59 . Bob pisani, Kenny Polcari are standing by, but first, steve, that 288,000 created, enough to move the market, but its the Participation Rate, the lowest we have seen in some time, that seems to be a bigger social sure. Issue. I think this jobs report, at least the establishment side, the one that asks employers how many they hired, its Strong Enough to prompt what i think is a rethink of the economy, maybe even fed policy for some. Here are the numbers were talking about, 288k can a margin revision of plunging Unemployment Rate from the househ
Billion Global Brands in the store folio but it all started , createdbrads drink by a North Carolina pharmacist. In 1940, pepsi made history with the First Ever National television spot, at a time when each bottle sold for just a nickel. Pepsimember the challenge, right . How about the Super Bowl Ad from hael jackson to the unsafe Super Bowl Ads. From Michael Jackson to beyonce. For the big picture, you need to look at pepsicos food business as it gets about half of the two yearly revenue from snacks it is starting with everyones favorite crispy snack frito corn chips started in 1932, a Small Business selling chips out of the back of a model t ford. In 1961 a merged company formed, fritolay, known for cheetos, doritos, crackerjack and much more. In 2001 pepsico merged with the 135yearold Quaker Oats Company to increase the food imprint any major way and also get pepsico gatorade. That is the time indra nooyi got a promotion to chief Financial Officer and since 2006 she has the chairman
Nothing like a subtle winner duking it out against a loser. Stocks dont fight each other. But on days like today with the dow sank 130 points, s p tumbled and then the nasdaq, wow, 1. 38 , the clash is so obvious we cant resit resist visiting the battlefield. So who is getting the spoils and whos getting vaporized . While almost all stocks ended down today, you have to think about relative winners and losers and that means you want to continue to bet on the major cord, to bet on value, not growth, as growth just got pulverized. Well value held its own and outperformed the benchmarks that a what Money Managers want. This contest its nothing new. These two cohorts have been going at it all year, but its only recently that the match has become one sided. As the Fastest Growing companies with little or no profit have been crushed. Sell sell sell. Sell sell sell. On both up and down days often. While the most Profitable Enterprises with decent growth, sure, they take lumps on days when the