Expects to resume deliveries of the 737 max as early as next month and that airlines could be able to restart commercial flights in january lets get to phil lebeau with all the details on this. That was a heck of a move by boeings shares today melissa. It comes down to whether or not you buy into the latest timeline that boeing is putting out heres what it stands at right now the company says that it expects to have a certification flight by early next month, could happen late this month but you have that certification flight leads to the faa certifying the plane by middecember, freeing them to begin deliveries so thats the first part they could start delivering planes, perhaps by the end of the year, to some customers. Theoretically at the same time Pilot Training rules will be set and theyll be locked in by perhaps midjanuary. So if you are an airline and youve got the pilots trained and youve got the fixed aircraft, commercial flights, theoretically, could begin by the end of januar
Charles the dow nearly 300 point higher, topping 27,000 as big banks beat this morning. Third quarter earnings season has indeed kicked off with a bang today. Jpmorgan, goldman, wells fargo, citigroup, blackrock all reported ahead of earnings open this morning. Just the two banks alone, jpmorgan, they have got 10,600 branches. They give us a great view of domestic economy. Jamie dimon saying the American Consumer is going strong. What does that mean for the stock Market Going Forward . Joining me nuveen equity strategist bob doll. Thanks for joining us. Thank you. Charles so far so good for the week 23 S P Companies reported. 91 have beat. Wont be all that good but what are we getting so far. The strength of consumer. We have yet to hear from Manufacturing Companies where things are more questionable. We need stabilization in manufacturing here and overseas. Germany, china, pmis, the isms, get a little stabilization there i think we get a lift. Charles when jamie dimon this morning tal
So tonight were going to take a step back, try to put all this discipline stuff into perspective. If you pick your own stocks, the thing you need above Everything Else is judgment obviously good investigating judgment isnt something you can be taught in a month or a year i try to give you the tools you need to develop your own judgment all my best professors in college focused on teaching us how to be a better investor, not just tell you the stocks that ii think are Good Investments the problem is thats a heck of a lot to process when youre managing your own money, before any other consideration, you need to know yourself you simply cant know which stocks you should buy if you havent taken time to consider what your own personal obje objectives are are you just trying to get a decent return as you save for retirement do you have money to burn, and youre willing to take risks on more speculative propositions . Theres no one size fits all approach to investing and anyone who tells you di
And chuck and all of these people focusing on the witch hunt, because they cant beat us at the ballot. They cant beat us at the ballot and theyre not going to win the president ial were having great polls, internal, ohio, iowa, pennsylvania is looking good North Carolina he we just won two race that is a lot of people we thought were going to lose both races one was down 17 points three weeks before the race and ended you said winning by a substantial margin and dan bishop and then we had a second race as you know, and he was up one or two points and ended up winning by what was it 25 points or many so incredible ill ask you because i dont want to be inaccurate otherwise have a front page story breaking nuts trump exaggerated. But he won by many, many points and he was leading by maybe two or three but won which which in the tents 20s. Were looking great in North Carolina, looking great in florida. And you had one or two congressman democrats saying we cant beat them at the elections.
Have room to run we debate that but first i. C. E. Is that the Federal Reserve is that what its feeling right now . Under pressure it should be under pressure no its not it will come. Between the ecb relaunching open and monetary easing and the president tweets urging the bone heads of the fed to cut rates, does the fed have no choice but to move in that direction, guy. I hope thats not the case. I hope they back in october Jerome Powell when he first started in job he said we are going to do whats right for the United States and for the economy. And i really felt he was on the right track. He was going to raise rates in a systematic way and reduce the Balance Sheet. That was the right thing to do in my opinion. I still think that he did a complete 180. Are they under pressure to do this we talked about it tweeted about it, hottest number in 11 years i dont understand why with inflation rising without question, and with the greatest economy in the history of the republic the president