Streak as the tenyear pulls back from highs. Bob pisani here at the nyse. Lets start with you. Listening to this lovely music. Im 12 years old again another thing about today, selloff in the middle of the day. Three days in a row this is happening. Up 350, cut essentially in half. The market started very strong in fact, the cyclicals were the story. Looked like early january. What i mean by cyclicals, growth names. United technologies up 3 . Thats moving the dow up 30 points boeing was much stronger earlier in the day still up but a classical cyclical name. Lets show you 3m. These are all dow components, cyclical stocks, all of them, up 1. 5 , 30 points. This was 237, 238 and now back to 235 caterpillar up 2 , fourpoint gain another 30 points. This was almost 160 just a couple minutes ago finally, one group that hasnt been doing that well today, the bank stocks. Goldman sachs, all the big bank names are down fractionally. Even though there hasnt been huge moves in the tenyear you cant
So i have done it seems like i have known you for at least 20 years. But it doesnt feel old. Feel like we are in our living room. Yes it does. Leigh gallagher his life closest friend. Full disclosure. He asked me tough questions. It is not edgy or challenging. It is up to you to ask for challenging questions, the really tough questions. I was very flattered when i was in the middle of the airbnb story when she asked if i would do this tonight. The book is great. We expect you all to read it. I was a big fan of leigh gallaghers first book, the end of the suburb or end of the suburb. The. The end of the suburb. About the movement from the suburbs to the citys of people, companies and money. So this airbnb story was kind of a natural for you as a followup. How natural was it . How did it come along . A lot of people ask me that. Thank you for having me in this lovely room, this lovely setting, thank you for saying that. The way i came to this idea, a big seismic trend in the consumer zeit
11 at 11 starts with breaking news. A deadly crash on the ohio side of the combshehl bridge. Eastbound traffic shutdown because of that wreck and Cincinnati Police say it will be closed for several hours. It happened just after nine30. Two cars were involved in that wreck but we dont know how many people were inside. This is the same bridge a vehicle careened off of into the ohio river this past week. Well keep you updated. Are just heartbroken a three point buzzerbeater lifts wisconsin to a 6663 win over the muskies in the ncdoublea tournament. Ken broo has a full recap of the game coming up later in sports. With no warning, an over the rhine building partially collapses. And new at 11 the owner says he had no idea it was in that kind of shape. Now a pile of bricks leaves a lot of cleanup and questions. Questions. He spoke only to nine on your sides roseann aragon. Who is live at 13th and walnut with the latest. He said hes owned the building for more than 18 years and hes surprised b
Codes. Richard haass and i will analyze. And also billionaires. A new book said studying them could reveal tons about the countries where they live. What do russians tell us about russia and what do saudi princes tell us about the desert kingdom and what does donald trump tell us about america. Youll find out. Finally, meet an actual billionaire. Airbnbs Nathan Blecharczyk on the modest beginnings of his new booming business and despite his great wealth, he still rents out a room in his own home. But first here is my take. As the conflict in syria has raged and spilled over the borders, ive been skeptical that there is an American Military solution to the complex political and religious problems at the heart of this crisis. I remain skeptical and im glad that the Obama Administration has been reluctant to engage in a largescale humanitarian intervention. But im saddened that it has not engaged in large scale humanitarian action. For most of the last 75 years, the United States has been
Well stick with the 2016 campaign and talk about clinton versus trump on Foreign Policy. The former secretary of state laid out her case this week. This is not someone who should ever have the nuclear codes. Richard haass and i will analyze. And also billionaires. A new book said studying them could reveal ton about the countries where they live. What do russians tell us about russia and what do saudi princes tell us about the desert kingdom and what did donald trump tell us about america. Youll find out. Finally, meet an actual billionaire. Airbnbs Nathan Blecharczyk on his booming business and despite his great wealth he still rents out a room in his own home. But first here is my take. As the conflict in syria has raged and spilled over the borders, ive been skeptical that there is an American Military solution to the complex political and religious problems at the heart of this crisis. I remain skeptical and im glad that the Obama Administration has been reluctant to engage in a la