This week we had another week of record highs and yet weve got those worries about coronavirus among other things slide down what has been a very strong backdrop. I would say it is never been more difficult that is right now and taking direction, trying to stocks, for 2020 and beyond. A lot of individual investors are confused they dont how to analyze the virus and how lethal it is going to be. So those things are distracting people from looking at a longerterm horizon. Speed seven there is also an issue, please see distractions and supply chain, parts shortages, component shortages, doesnt that impact earnings . It does but it would be temporary. It is just a temporary setback. It is not a monumental shift in the way the economy is going as if some new technology emerged that wipes out all of the other existing technology. So keeping in perspective its just a shortterm, its very sensitive to the lethality of the virus but from an Economic Perspective maybe we have one or two quarters
Insider whose own wife took 700,000 of donations for her Senate Campaign from a clinton bundler. He was later accused of lying to federal investigators about whether he authorized two fbi officials to speak to the media over the clinton email case as well as a separate foundation. He denied having done so when fbi officials asked and later the Inspector General office when they tried to determine who might have spoken to the media found out it was a total of four times he maid have been lying times he may have been lying and three times under oath. And misleading his boss james comey. I want you to say on national tv you were not a source for the New York Times or any other publication considering thats what you are accused of. Were you a leaker for the New York Times . I never intentionally misled anyone about anything and i never have committed a crime. Trish he was lying. He got tripped up in this one. He lied on tv, and he lied under oath. August 18, 2017, mie fbi officis met with
Set their sights on nevada and South Carolina with a make or break contest for at least some of the contenders. Lets ask Dan Hemminger and columnist and Manhattan Institute senior fellow jason riley. Any doubt that sanders is the front runner . No doubt at all. Numbers told the story. He has won two caucus is in the primary in a row in nevada and South Carolina and bernie has a cement like block of supporters a 25 . It is the question whether he can expand that base. We said that about donald trump. Im not sure the same is true of you dont think he could expand as much. One of the big stories in the past week, is the workers in nevada, they have repudiated, bernies medicare for all saying the preferred their goldplated private insurance plans. And the thing that most people attached to Bernie Sanders is medicare for all. And i think that was that six and with the American People it begins to establishha a feelingn his support which gives an opportunity for the moderates to vote however
Up well dig into that. Celebrity chef eric ripert joins us live. It is going a big hour ahead but we begin with that massive shakeup in whats called the corporate story of the year. The most important stock in the dow. Boeing firing ceo over the 737 max crisis and poor communication with investors and regulators it cost his job. Removal is effective David Calhoun will take over as ceo in january some might say this is a complete 180 from what 180 and muhlenberg just said last month. From the Vantage Point of our board dennis has done everything right. From the beginning remember dennis didnt create this problem but from the ginger knew that mcas should to be done better. Have you ever satin company and thought you should leave i thought about it. To be frank thats not what is in my character. I dont see running away from a challenge, resigning as a right solution lets bring in our airline repo reporter and our cnbc contributor. Right move by boeing, right timing, overdone, too late a l
Here. Good morning. Maria you have gdp, adp, alphabet of numbers and economy that is front and center in the 2020 election, right, lee . Question, theres no question about it, a lot of people are talk how its giving the president so much cover right now with everything that is going on, the democrats have to be careful how they treat this because this is an issue that the American People find dear to their hearts, a lot of Economic Data in favor of the president. Maria if theres one person thats coming across as well as anybody opposite the president would be Tulsi Gabbard and i know that youre a big supporter of Tulsi Gabbard, omid, does she look at the economy as driving force, is that part of her platform as well . Theres no doubt about it. The way she gets there is difference, start with foreign policy, we wasted 6 trillion over 18 years on regime change wars, we have a trillion dollar deficit, but 6 times that have gone to wars have havent made us safer, what can we do with money