Decades, ive been an investor. My highest calling ive often thought was private equity. Then i started interviewing. Ive learned from doing my interviews how leaders make it to the top. I asked him how much he wanted, he said 250. I did note due diligence. David and how they stay there. David you dont feel inadequate being only the second wealthiest man . Their granddaddys hewlettpackard. It was started in 1939. By 2015 it was two separate companies. Hewlettpackard enterprises and hp bank. Recently i sat down to talk about the success of the personal computer and the Printing Company following the split. So, which company is better . Hewlettpackard or enterprises or hp bank . As you can imagine, i have a very unbiased view. I have to say hp inc. It isnt only that we do printers and pcs, we think we are the company that is more flexible. We work to make employees productive, to make employees engaged in this is what we stand for. But your Main Business today is computers and printers, t
Our economist isnt fully convinced and says while unlikely, some of the data doesnt necessarily take hikes off the table. Hell tell us why. With costs still climbing, we have three buys and a bail. Inflation insulation edition plus, the three names one trader says can weather the storm and the one shes staying away from, despite climbing 17 this week plus, deal with it, the message from chinas xi to secretary of state Antony Blinken, saying for bilateral relations between the two countries to improve, the u. S. Needs to look at chinas development in a positive light. A lot to get through today lets start with the Market Action and dom chu very much the taylor swift shake it off market. We have seen session highs at this point in just the last couple of moments. The dow up to 38,302, half a percent to the upside. The s p 500 is at 5109, up about 60 points, we were up 64 points at the highs we just saw maybe in the last two to three minutes we were still up 25 points at the lows of the s
Euro stocks have the longest winning streak. Old, flat on the day. The brent spread, could that blowout . There are rumors of a deal extension for more than three months. The morning brief, Goldman Sachs is going to lay out its plan to turn around the performance in its core bond trading unit. We get data for the month of july. At 1 00, the u. S. Treasury will sell 10 year notes. At 1 00, apple will launch a new iphone. That is coming up. The United Nations Security Council imposed sanctions on north korea as part of an effort to get the nation to stop its quests to develop Nuclear Weapons. Joining us now, marty shanker. The sanctions, but they watered them down. It is significant china and russia went along, but there are implications russia is helping china smuggled goods into north korea. There is no sign the sanctions are effective. Is there anybody who believes these sanctions will stop north korea . No. I dont think anyone is naive enough to think north korea will say we have had
Dangerous for the economy. He said and i quote, im going to do for the country when i did for my business. Hes written a lot of books about business yet they all seem to manage up to 11. Go figure. Her record is terrible. She is crooked hillary. Lets face it. She always had the nothingness going to change. Maria donald trump will join us live at 7 30 a. M. New details an investigation into the island of terror attack or the gunmen reportedly visited the club earlier in the evening and brought plane tickets to San Francisco. In california, firefighters with two Los Angeles Area raging wildfires that neighbors. Well have the latest on the evacuations happening in l. A. This morning. Flooding turns the washington d. C. Metros nation into a waterfall. Details on the commuter chaos coming out. Tesla ordering to buy solar city. The nobrainer deal is ahead. Global markets watching the possibility that british people believe the European Union. Trading in asia was mixed ahead of tomorrows pape
Dime. There is a lot to get to this morning, jim. What do you want to tackle first . I think we have to first just talk about the fact that this is the overwhelming day. People are going to be making judgments and theyre too quick. People already decided to hate verizon and hate travelers. I think the most important this evening im seeing is the continued increase in oil, which is driving stocks, and a return to something we havent seen in a long time, which is if you dont do as badly as we worry about, your stock goes up, american express. Thats the classic example this quarter, right . When i go over what they said last night, they had a jump of 5 to 6 new Revenue Growth and they added new cards. Frankly, they just didnt screw it up. Verizon and travelers have been perfect. I cant speak travelers, i can always speak verizon. Verizon shares were up 12 this year or more. Its been a power house in what was a difficult period for stocks. Its still been benefiting. As for the quarter, it