From the record highs. The dow is now down nearly 15 . The s p is off 12. 5 . Check out these staggering figures. S p 500 companies lost another 900 million in market cap yesterday. They lost nearly 2 trillion in market cap over the last seven sessio sessions. You see rich people lost 185 billion recently. This is good. This income inequality thing. Taking care of it. This is not i also like the now were going to do this every day where we can close on change but if thats not interesting enough its like a fit bit for the market. Its not even the range anymore. Its brand new. Were talking about the full ride. We moved 100,000 points this week. It means nothing. We totalled it up for you. Lets tell you where the u. S. Futures are after what was a wild yesterday as things got pretty bad late in the day. Well try to get an explanation from our guests throughout the morning but the dow jones does look like it will oip up now 275 points up. S p 500 would open up higher as well. 33 points hig
Anyone see a little bit of hipocracy here Charles Payne . We got amy holmes here, and back with ben stein and all right Charles Payne a little rich thats it. Charles a little rich, pay as you go, we dont like deficits were against the debt and you know, no one takes it seriously and of course these are the same Democratic Party that talked about spending money like crazy as always an investment right . So what about the idea of investing in the American Public and american businesses to keep more of their money that theyve earned by the way and then putting it into the economy. And its on the face of a debt its just its disin again use us you cant take it seriously and the idea of regular order the democrats want to play ball we know theyve been obstruction and republicans have to figure out a way to get this through and not fumble like theyve done with every effort to repeal obamacare. Neil amy what do you think . Amy the one thing senator schumer said i agree with was doing it by reg
Hipocracy here Charles Payne . We got amy holmes here, and back with ben stein and all right Charles Payne a little rich thats it. Charles a little rich, pay as you go, we dont like deficits were against the debt and you know, no one takes it seriously and of course these are the same Democratic Party that talked about spending money like crazy as always an investment right . So what about the idea of investing in the American Public and american businesses to keep more of their money that theyve earned by the way and then putting it into the economy. And its on the face of a debt its just its disin again use us you cant take it seriously and the idea of regular order the democrats want to play ball we know theyve been obstruction and republicans have to figure out a way to get this through and not fumble like theyve done with every effort to repeal obamacare. Neil amy what do you think . Amy the one thing senator schumer said i agree with was doing it by regular order unlike obamacare
These Earnings Calls Julia Boorstin is in l. A. On the facebook call, phil lebeau is getting ready to jump on the facebook call. Were tag teaming both of those Conference Calls on the red phone. Tesla turned to a bear market after hours. Lets get to phil lebeau for all the details. Phil, the details are in that shareholder letter, there are a lot of details when it comes to the model 3 reporter a lot of details about the model 3, well talk about that in a little bit the Free Cash Flow for the quarter, melissa, listen to this, negative 1. 4 billion for tesla. They ended the quarter with 3 35 billion cash on hand as you mentioned, when it comes to model 3, the company has issued new guidance in terms of its production schedule. It says it expects to build 5,000 model 3s per week by the end of the First Quarter bottlenecks had to do with the battery modules being built, they could not get those into production as quickly as they would have liked what we know is that 5,000 per week by the
Maria is there any room for compromise . Even your own party says this does not reflect republican principles of thanks cutters. There is always room for compromise. But what the president is not going to compromise on is seeing historic tax cuts this year. He says this is a middle class miracle. Charles to my panel, Ford Oconnell and gail droughter. Gayledroughter. Gayle trotter. Where does the Republican Party go with this. It is a red flag. But it will be congressional malpractice if they cant get tax reform through. The details of whatever bill emerges is not going to please everybody or everyone. But they need to pass something. This is something the gop should not be let off the hook from passing. They cant let the perfect be the enemy of the good. Charles if they cant get thanks reform done, they will pay a heavy price, wont they . I think you are right about that. The pressure is on Congressional Republicans to deliver something for the president and the people. Unlike Obamacar