It was 81 degrees today here, almost makes me feel guilty when i think of my friends back home but not really they have better pizza thats worth the cold. Hey the east coast is basically a slurpe, schools are closed all thanks to winter storm lee am. The winter channel picked up sound as the storm built over the Great Lengths because liam is a winter storm to be reckoned with. I will look for you. [ laughter ] i will find you. And i will kill you. Oh, my god well, run, because this storm has a very particular set of skills. Anyway warm wishes to those of you in liams path. Lately have you seen President Trumps hair flapping in the wind if you havent youre in for a treat this is friday heading into mara lago for the weekend and his hair tried to fly off without him. Now the red hats make sense. [ cheers and applause ] think we might have to see that again. Yeah. See you can see, this is why darth vader had the good sense to wear a helmet. According to White House Press secretary Sarah S
I think of my friends back home but not really they have better pizza thats worth the cold. Scl thanks to winter storm lee am. Is a winter storm to be reckoned with. I will look for you. [ laughter ] i will find you. And i will kill you. Oh, my god of you in liams path. Lately have you seen President Trumps hair flapping in the wind if you havent youre in for a treat this is friday heading into mara lago for the weekend and his hair tried to fly off without him. Now the red hats make sense. [ cheers and applause ] think we might have to see that again. Yeah. See you can see, this is why darth vader had the good sense to wear a helmet. According to White House Press secretary Sarah Sanders the president s hair stood still and he doesnt have a bald spot and anything tohe contrary is fake news. Remember in the campaign when trump took strong stand against something makes no sense. The wind kills all your birds, all your birds, killed. Environmentallists dont talk about that. Wouldnt say i
Gas prices have been going up despite oils drop. Weve got Joe Petrowski telling us what he calls a potential fear premium forming in the gasoline price. Here is a question ive been asking. Is outer space big enough for along musk and Richard Branson . Well tell you about the new satellite war brewing between these two billionaires coming up in a while here. Plus, the Commission Free trading app robin hunt has done 1 billion in transactions. How lock can it keep those trades free of fees . Well ask the founders when they join us live. Lets begin with walmart and home depot and the mixed fortunes they presented this morning. Courtney reagan joins us with that story. Its been a long and short day all at once. Walmart and home depot are dow components. Some small merchandise categories cross over. The reason for guidance updates widely. Home depot, inline enings, stronger than expected samestore sales and better spending among higher income consumers and professionals. Home improvement ret
Environment drives stocks highers, isnt it . Over the average either at or striking distance from the year, dow gaining 18 points, s p advanced. 13, nasdaq inched down, we have to go over what allows us to reach these levels. The backdrop thats conducive to higher prices for the overall market. In short, whats so special about stocks right now that we are at or near or challenging these high s . First, investors like to see low inflation. When you have low inflation, that means the longterm value of stocks, the future earnings streams youre buying are going to be preserved. High inflation erodes that value because it means those future earnings will have less purchasing power. Last friday we gotten a employment number that signalled there is no inflation in the system other than the mandated inflation that comes from higher state and local minimum wages. Tame inflation means that all stocks are worth more so even if you hear that the stock market is expensive, it might not be as expens
Outlier. That is the close from friday. Theyre having a bank holiday in the uk. Finally, take a look at where we are on crude. Its been sliding throughout the morning. Its been in focus for equities here in the u. S. And across the world. Wti just slipped below 47 a barrel. Its down 1. 5 . Brent is trading roughly lower by about the same. That is below 50 a barrel. Scott . Loud noises at Los Angeles International airport causing panic late last night as many confused the sounds for gunshots. Passengers at lax were seen running from terminals on to a tarmac after Police Responded to 911 calls from many locations about a shooting at the airport. Around 11 45 p. M. Eastern time. Police conducted two sweeps and concluded the reports were unfounded and there was no shooting. In business news. Look for personal income and spending. On tuesday, we get the home price index and august consumer confidence. Wednesday, its adp employment report. Chicago pmi and pending home sales on thursday. Look