A new report to his clients. Hes here with us at post 9 to share it with us and share it with you. Laszlo, nice to see you again. The front cover says it all ill hold it up, as the big reveal, 3200 on the s p. When and how . Most people dont realize that were now in the second great greatest s p rally in history and were actually ahead of the 1990 rally. And if the the market continues to gain 11 basis points a day as it has for the last six years. That two years out or so, were going to be over 3,000. So its more a matter of guidance. Were trying to tell people stay with it dont let the bad news shake you out. We heard all of this before. And theres no reason why we cant go back to as much as 1990. Theres no reason why we cant keep on going. The market feels a little tired, theres news thats been unsettling investors from earnings that arent that great. China, the economy slowing down, the stock market crashing and unsettling people. Theres still the Economic Situation in europe. I co
Nasdaq declining. I think that will tackle a major trend thats shaping this economy, maybe the major trend at this moment. Our time, our schedule, it has been disrupted and we simply arent doing what we used to do anymore. The problem is that our habits are changing so fast, so quickly, unbelievable that businesses cant keep up, and these radical reorganizations of what we do and where we go and what were occupying ourself with are playing havoc with the stocks we focus on regardless of what President Trump has to say tonight in the big speech. Usually its not all that stark. We cant spot it because we have so many data points and examining so much information all at once, its a vortex. Today, though, we got the most violent contrast i have ever seen. Im not kidding, in one day. Im talking about the perfect storm of dominos versus target. What does a pizza delivery chain have to do with a mass market merchandiser . In this case, everything. This morning dominos, longtime cramer fav sin
Good morning. Haip happy tuesday. Welcome to World Wide Exchange. Im sara eisen. Im wilfred frost. Good to be back. You took a day. You took a whole week enchts lets get to the markets. We saw some minor declines s yesterday. S p off half a point. Nasdaq up. 6 . As for the 10year treasury note yield. Lets show you the action after heavy week of Economic Data topped off by a better than expected jobs report and the 10year yield is elevated from where its been. Little movement this morning. Yesterdays negative activity was seen across most of the sector. Seven out out of ten. Oil prices rose. Lets have a look at the overseas action. German imports rose more than exports. See the european trade is positive. The dax up just half a . Ftse 100 up. 25 . Let have a look at uk assets this morning. The 10year did hit a fresh alltime low. It bounced back slightly from that level. Production came out and was slightly better than expected for june, just seven days of course in june post the brexit
Officials may have known about the tainted water long before they acknowledged it. Offeredwere often bottled water. Residents were not told the water was unsafe until last fall. Global news 24 hours a day on bloomberg. Im emily chang and this is bloomberg west. Is apple going wireless . Plan to make phones that can charge without a cable insight. Ibm seals its deal with the weather channel. Another week of monster stock swings, which means a lot of executive fortunes in flux. The biggest risers and followers, we will ask our billionaires team. First, to our lead. Wall street is feeling woozy after a volatile week in tech earnings. Investors seem to be particularly nc this quarter given the rocky economic climate we have seen in 2016. How long can big tex deliver on shareholders inflated expectations. . The johnson is live in studio, and Paul Kedrosky joining us from san diego. Thank you for joining us on the wild week that was. Corey, i want to start up with apple versus alphabet. A ye
Two other men who escaped from prison are still at large. A woman who taught english to one of the inmates has been booked as an accessory. Police say she gave prisoners maps of the jail complex. Michigan Governor Snyder is giving another 28 million in emergency aid for flints leadtainted water crisis. Officials may have known about the tainted water long before they acknowledged it. Workers were often offered bottled water. Residents were not told the water was unsafe until last fall. Global news 24 hours a day on bloomberg. Im emily chang and this is bloomberg west. Is apple going wireless . The companys plan to make phones that can charge without a cable insight. Ibm seals its deal with the weather channel. It has been another week of monster stock swings, which means a lot of executive fortunes in flux. The biggest risers and followers, we will ask our billionaires team. First, to our lead. Wall street is feeling woozy after a volatile week in tech earnings. Investors seem to be pa