Whats right for the economy when it sees fit and may or may not be patient depending on whether patience is required or warranted. The dow gained and the s p gained 2. 22 and the nasdaq. So we go back to what brought us up here profit outlooks opportunity, and most important, pentup demand. No not pentup demand for laborer sales or new homes. Pentup demand for stocks. As so many Portfolio Managers wanted to be sure the fed wasnt going to create another they know nothing moment and crash stocks lower. Yep, weve become binary again, hanging on every word from the fed, hoping and praying it wont do something stupid. While we were hoping and praying the money stacks up on the sidelines and the hedge fund and Mutual Fund Managers along with the pension Fund Managers, theyre just waiting to hear with the fed will blow it. When the fed doesnt blow it and the big bad event is over, we rally like crazy you would think that we would eventually have some faith in the fed not to do the wrong thing
He is the cloud chief. And even bigger shift to be taking inside microsoft. Lots of changes are going on. Bring inn cory cory. I think it is a big deal. Have aft is a cited to microsoft person lead microsoft. Is not aomebody who great corporate manager. Heated boost revenue. His unit is a big deal for microsoft. It says a lot about the future of the company. He is in charge of enterprise and the cloud. Player ort the music the surface or xbox. It is the Corporate Customer and the Cloud Business. The cloud is the antidesktop. It is the antiwindows. Outside of the xbox, the only big business in iker soft in the last decade. Investors would like to have seen someone with success running a big company. That is things you read in the notes, they would like to of seen summit seen somebody with more experience of the manager side. I attended a front, they are bringing in a technician, that is the legacy of bill gates. He wanted somebody with technical expertise. Is he the influence despite th
Frans 10year yields, spain is at 2. 88. Just to put that in perspective. Rates are way too high in this country. Im not kidding. Talk to frank blake, home depot. Look at europe at this time, kind of a mixed bag. Stocks started with small gains off the lows, about flat, lets call it in a lot of different ones. Not a lot of news out of europe this morning. Consumer staples, basic resources, health care lagging, financial services, banks, media and telecoms up. Our road map and it does start with the markets. Looking to make history, the s p aiming for another record high. Weve got earnings from Toll Brothers and michael kors, adding to what has been positive sentiment. Lots of buzz at the code conference surrounding googles driveless car. Carl is at the event and he is going to fill you in. M a also in the spotlight as it has been lately. Valeant increases its offer for allergan. Ge making its case to the french for why it should be allowed to buy al sted. Futures on the high after the s
The presiding officer by unanimous consent, the mandatory quorum call has been waived. The question is is it the sense of the senate that debate on amendment number 2874 to h. R. 3979, an act to amend the Internal Revenue code of 1986 to ensure that Emergency Services volunteers are not taken into account as employees under the shared responsibility requirements contained in the Patient Protection and affordable carAffordable Care ae brought to a close. The yeas and nays are mandatory under the rule. The clerk will call the roll. Vote vote the presiding officer are there any senators in the chamber wishing to vote or wishing to change their vote . On this vote, the yeas are 61, the nays are 38. Threefifths of the senators duly chosen and sworn having voted in the affirmative, the motion is agreed to. The presiding officer cloture having been invoked on amendment number 2874, the motion to commit falls as being inconsistent with cloture. The chair further announces that amendments numbe
Theyre afraid theyre going to get covid. Theyre afraid theyre going to get sick and die. Well, tomorrow President Trump is heading to kenosha, wisconsin, despite pleas from the states governor to stay away, warning the president s mere presence will only cause more unrest there. President trump on twitter meanwhile is fanning the flames, attempting to make law and order his Central Campaign message and tweeting the only way to stop violence in socalled crimeinfested cities is with strength, as cnns Jeremy Diamond reports. Reporter ignoring pleas from state and local officials, President Trump is bupushing ahd with plans to visit kenosha, wisconsin, on tuesday, turning the epicenter of the Racial Justice moment into a backdrop for his law and order message. The president wants to visit hurting americans. Highlighting that the federal government has done a lot in the way of using law and order to create peace but showing up for hurting americans is the primary concern. Reporter but those