Five years. Our road map begins with the selloff in the markets. Renewed concerns about the economy. Just out, abercrombie and fitch ceo stepping down. A controversial figure on cramers wall of shame. Stocks up 8 . Verizon with a warning, a surge in new subscribers, but promotions and price cuts are going to hurt profits. First up, stocks on track to extend losses the day after the s p recorded its worst day since october. Got weakness in the energy sector. Got worries about the fed changing language. On december 16 and 17th. Something you were tweeting about at 4 00 this morning. Right. One of the things you have to accept is when we are doing better than everybody else, its ridiculous for the fed to stick by the considerable time. A lot of time has passed. Considerable time, there is a finite moment. If you keep saying considerable time, you are getting closer to that moment and were there. I dont even think necessarily that is whats causing this. China was just a big reversal. Greec
Records. Dow 18,000 in the cards. The economy on pace for its strongest year of job creations since the 90s. Retail rift. Well see how deep the sales split goes. Starbucks new Retail Concept that has many investors buzzing about the business beyond coffee. First up in november, nonfarm payrolls up 321,000. That did beat forecasts of 230,000 september and october revised higher. Private sector added 314,000 jobs last month. Unemployment rate holds steady at 5. 8, average Hourly Earnings was maybe the star of the show. Thats the biggest since june 2013. You heard becky, joe and andrew talking about implications for rates. I love the goldilocks scenario. We dont have it today. This is just a strong number. I like goldilocks because that says you dont have to worry about the Federal Reserve. There is still enough you might get excited. This is an economy in growth mode. We dont want to get in wage inflation. I rarely come in here and say listen, you worry about the fed way too early. We ar
The trip back in time. Were surrounded in this room by gifts of state that president wilson received. One of the reasons he received so many spectacular gifts, frankly, is first, because he was the First American president to go to europe while he was in office. But secondly, because the world so fervently hoped for him to succeed in the mission he had taken on, of ending the catastrophe that was world war i. I think its hard for us to think now about how shocking world war i was to the people who had to live through it. And so the music of that era, to that time. I think as youll see this afternoon, hearing from michael, a lot of sense of music that existed and the america that existed before the war, and the muse that i can reveals to us the america that came out of that war. Youll see something of a transformation there. Michael lasser is a lecturer, writer, broadcaster, critic, and teacher about american music. Ive written it down, because hes written two books that i want to share
And im not being snotty. It was a different kind of war. The people were not engaged by it. In vietnam, you had some songs, but theyre songs in which two groups are warring with one another. Give peace a chance, and whats the im an oaky from ma skokie. Iraq and afghanistan dont produce a lot of songs. Again, because in a way they were invisible, and in a way, we know about them, were not as a nation engaged in it. We dont have a citizen army anymore. That gets in the way of that. So in world war i, you have a mix. Really, in the middle between the two wars, and it shows. There were songs about mom, and there were songs about sweetie. Soldiers singing im going to pin the medal on the girl i left behind, in world war i. There are other differences between world war i and world war ii, love songs that ill save for a few minutes. But its the mother song that i want to get to. Again, its the idea of staying out of it, delivering a kind of anthem, in the way that the first song is an anthem,
In that those who didnt participate, meaning the civilians left at home, especially in the u. S. Where the war didnt come here, so the civilians didnt have a context of this ultimate suffering that the soldiers went through. And so to the people at home who were waiting for their men to come home, they came back. It was a sensationalism in the sense that you guys were heros in the war. Now lets get on with our lives because ive been waiting for you. And i think that that idea of civilians wait iing, it kind of steam rolls soldier memory. The soldiers arent waiting in the same sense that the civilians are. Their experiences are, oh, great, lets move on. Save that title. Steam roller of memory. Someone else had a hand up. Pete . I think i think it says that because at least this is one what im thinking. In world war i, theres nothing sensational about american involvement. You would think americans were god on earth in world war i for saving everyone. In the context of the larger story o