Least key sectors, and some Technology Issues taking it briefly at this time yesterday on the chin. Coming back a little bit. We have Charlie Gasparino here, we pot Connell Mcshane here, and the wall street journals shelley holiday. Shelby, it is more than a drip, drip, drip, but steady flow of companies doing this sort of thing and they all peg what is happening out there directly or indirectly that without these tax cuts they wouldnt be doing what theyre doing. What do you think of that. They do have more cash but they can do this the labor market is tightening. Theyre underpressure to boost wages. Treat employees better. Do the top talent. It is a winwin with businesses an trump administration. Yeah their tax bills are a lot lower. Businesses like to be in the president s good graces. This is easy winwin. Neil one of the interesting things looking back and forth how unexpected for a lost workers at companies, when they hear about it, i saw one story where home depot worker was, hadn
Sitting around this table are some of the greatest Business Leaders in the world, some of the greatest companies in the world. Probably i can think of no other place or time where youll have executives of this stature. First of all, i want to thank the professor for having done a fantastic job. Klaus, thank you very much. You have really done outstandingly. And putting this together at this level over many years has been a great tribute to you and your entire group and your entire family. Thank you very much. Its an honor to be here representing the United States. Thank you. Pres. Trump i just want to say that there has been a lot of warmth. A lot of respect for our country, a lot of money, billions and billions of dollars is coming into the u. S. And people are very happy with what weve done. Not only on the tax bill but also cutting of regulations. And i think also being a cheerleader for our country. Youre not a cheerleader for your company or country, no matter what happens, its no
Do get cheaper when they go lower. Call me captain obvious for pointing it out but i think this common sense wisdom also gets ignored when were analyzing stocks on a daytoday basis far too many people act like its not part of the calculus. All three major averages ascending to alltime highs. Dow rose 23 s p, nasdaq both rose to 43 i came across i came across it today in a fabulous report from a friend, recommended the stock of cnn becomes company. The comcast stock was downgraded saying it had run too far too fast today with the stock down more than 10 they upgraded come cost, just as everybody seemed to be turning on it. They believe the term is facing comcast, cut t. V. Sub subscribers. The stock doesnt seem to have any transaction today but they make a good point. Stocks of Good Companies its something you do acknowledge on a day that apple launched its knew iphone speaking of apple, it amazes me that oh you know i always have to try. It amazes me ten years after the first iphone ca
He will be holding a press conference saturday detailing plans. No word on whether former white house adviser steve bannon is coming. Ucberkeley Officials Say they are planning as if free speech week is on. The universitys exitment to first amend is unwavering. Well meet our commitments. We are committed to the first amend. Reporter they are gearing up for free speech week and if the event does happen, security will be tight. We have contracted with our partners around the community and the county Law Enforcement agencies. We are contracting Police Officers to come and work on hour behalf. We are going to be staging for security. Reporter the free speech rallies are far from free. We asked if the security costs would exceed a million dollars. When you say a million dollars, thats a small cost. I expect that to be multiplied several times after this. Would we rather be spending these resources on the Academic Mission and the Student Experience in absolutely. We would. Reporter authoriti
Independence and we are live for the tory party conference. We also have an allstar guest lined up, john fraher. Ellon we speak to jim mal on his new book. We are live in moscow, where john fraher will leave a Panel Discussion with Vladimir Putin. In the meantime, we have a packed data check. The dollar is slipping. Global stocks seem to be a little bit mixed. What all to do with investors are trying to figure out, who the next fed chair will be. We understand the president has a shortlist of candidates, but they all have very different policy agendas. You have some hawks, you have some doves and they are trying to figure out the most likely will get it. I am also looking at spain. Stocks are resuming their decline after the king criticized the catalonian separatists for unaccountable disloyalty. And if you look at spain, the nations bond yields are rising. In the meantime, we are getting breaking news out of the eurozone. Pmi is rising a touch more than expected. Predicted a rise were