Averages have put in an alltime high. Strong reports there but we had this big rally. Withlidating some of those small moves. Verizon, amazon, ups. The Internet Provider up 1 on this cyber monday. Some are expecting amazon to take 50 of the sales on the cyber monday. And ups for that other 50 that does not have amazons shipping company. Amazon has done something for ceo jeff bezos. That has made him the worlds wealthiest person. That happened a while ago on the Company Thirdquarter report. Jeff bezos is worth 100 billion. Ago both Warren Buffett and bill gates would be well above the 100 billion market if they havent given so much of their money away. Turning to another to another sg well for the holiday 2017, we are taking a look at gamestop. There were huge lines at some of the victoria secrets. This after putting up a Strong Quarter gaining 3. 5 . In fight in fact it is being called a thanksgiving feast at the box. Here we have stocks rallying. And a confirmation hearing, how will t
Not do what the ecb wanted it to do was one of the comments i saw yesterday. The old the other question was about Mario Draghis comment that this would be the last Interest Rate cut but skepticism about that. Is it all that the ecb will do . It looks like there is a more bullish read that is happen in the u. S. And in europe. The rally to date means that for the year to date, major averages have trimmed their losses considerably, particularly the s p and the dow, now let now doubtless than 2 on the year. Of forss than 2 the year. Signs ise positive counterintuitively been the losses in the highyield. , this looks at the s p 500 total return index in blue. The bank of americahighyield index and he is pointing out that of the last four times we saw high yields fall on an annual basis, stocks then rallied the following year. This looks back at the prior instances when this happened and and stocks rallied. That is one of the reasons he is looking forward to be bullish. We will see if the r
Into the world, they bring people together. Rose and we conclude this evening talking to nicole hurd of the college ad college advis. We have a barrier endangering our democracy because the young people are not going to college and obtaining degrees and our Global Competitiveness and democracy depend on bright young people out there. So we are marrying the idea of kids finishing themselves, and the counselors and teachers trying hard but without capacity, and Holding Hands and saying i believe in you. You. You. Rose rose funding for charlie rose has been provided by the following and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. With our continuing coverage of the brussels attacks and other issues. 31 people were killed and more than 300 wounded. Belgian authorities have acknowledged their errors, among them the failure to detain one of the attackers. T
Into the world, they bring people together. Rose and we conclude this evening talking to nicole hurd of the college ad college advis. We have a barrier endangering our democracy because the young people are not going to college and obtaining degrees and our Global Competitiveness and democracy depend on bright young people out there. So we are marrying the idea of kids finishing themselves, and the counselors and teachers trying hard but without capacity, and Holding Hands and saying i believe in you. You. You. Rose rose funding for charlie rose has been provided by the following and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. With our continuing coverage of the brussels attacks and other issues. 31 people were killed and more than 300 wounded. Belgian authorities have acknowledged their errors, among them the failure to detain one of the attackers. T
Selloff coming out of the united states. This mixill throw into as well what has come out and the last hour from carl icahn. Interesting to see him backing trump. Inis a guy well followed terms of his views around the markets and have Central Banks and governments influence those markets. This is what he had to say in the video he released about the low rate environment. Why should they raise rates . It is almost a rhetorical question. There are so many reasons. Low rates are almost by definition building bubbles. Real estate bubbles. Guy one of the stories riling the asia markets right now is glencore. I want to show you one chart. I want to show you this one here. It highlights what is happening with glencores debt and equity. The market capitalization is in yellow. The total debt is in green. You have yellow above green, yellow above green for the last four years. The problem is we are now down here. This is the current equity valuation of glencore. This is the debt story. That is s