The three, up about 3. 38 . Overnight in asia, shanghai came back bigtime. As you see there, up 5. 3 . The hang seng, 3. 6 . The chinese did seem to intervene a bit to help things along in china. As for our tenyear note, we started this week. We were below 2 on the tenyear. No longer. Back to 2. 20 despite those comments. Crude oil above 40. The first time i have seen that in a few days. Lets get to our road map. Has the market bottomed for now . For good, for a while . Another upgrade for amazon. Why now is, quote, an attractive entry snoint. Retail pain continues. Tiffany and Williams Sonoma both disappoint and both stocks are looking down this morning. We begin with stocks on track to maintain momentum from wednesdays big rally. Futures extend gains after data shows Second Quarter gdp revised upward to 3. 7 . Thats up from an initial estimate of 2. 3 . This comes one day after a 4 jump on the s p. The dow also posted a gain of more than 600 points. That was the first time it had gai
Righters is reporting that softbank is preparing to approach tmobile. David faber has been covering this story. He joins us at this late hour at post 9. David, what is your take . Interesting. Excuse me while i get rid of that phone call. I really wanted that phone call, too. That was the key one. Why right now . Why right now . But, you know, kelly, i cant confirm what is being reported by reuters specific to whether or not they are preparing to approach tmobile. That thing, softbank which controls sprint. I think many people speculated on that potential outcome ever since we saw the man who controls softbank visit then president elect trump promising to create jobs. One of the very first visitors we should add. There are some pictures. One of the early visitors, exactly. Holding up that piece of paper with the amount of jobs on it. And so a lot of people have been speculating on that possibility, certainly, that once this auction for the the incentive auction for the broadcast spectr
Been pushing the stock markets to higher levels too. Its huchl nature, but you know you cant scott, you can confirm this for me. Youre on half time report and youre our market watcher. You have a bunch of smart guys, staide traders and stuff. You cant hit new highs unless youre very close to the high. Yes. If youre 2,000 points below the old high, you cant make thats awfully difficult. Is this your insight for the dwa . No, im trytology give it to the market people that come on whenever we get close to the old highs and say this isov overdon they get used to a tlad ugh range. When it breaks out. Its probably a reason that it breaks through old highs that its got some momentum. How many times did it get close before and fail. In the last two years, but. It failed almost every time. If it did all this turning and rotations, all these if its already built a firmer, nonfed induced base, based on 4. 9 unemployment and jobs growth, weve been through the earnings recession. Maybe were startin
I wrote about facts, not what i believe. Of course in the First Administration he gained after he went into training after the assassination recovery inch your 70s, thats no small accomplishment. We do thank you, tom, for this special look, and as he does say, its a very factbased, very interesting focus on a period of the president s life that we dont often see as clearly. We do thank you again for coming to join us, and thank tom. Thank you for having me. [applause] up next, author and think tank president , Arthur Brooks. The former french hornist, tunnel social scientist, talks about his research on charity, happiness, and Free Enterprise. The head of the American Enterprise institute is the author of four nonfiction books, including New York Times bess sellers by Gross National happiness and the road to freedom. Arthur brooks, where did the phrase, Gross National happiness, come from . Guest the phrase comes from the government of beaut buttan, who 30 years ago read the process of
And what were doing when we burn fossil fuels, is that we are taking carbon that was buried under the earth over the course of hundreds of millions of years, and we are transferring it back up into the atmosphere. So were basically running geological history backwards and at a very high speed. Were taking a process that took hundreds of millions of years to run in one direction, and were running it in the other direction in a matter of centuries. And if you were an alien and you came to visit the earth, you could easily conclude that what were doing, that the fundamental purpose of modern industrialized society, is to affect this transfer as quickly as possible. To see how much carbon we can get out of the ground and put up into the air and how fast we can do it. And thats a look at some of the chicago tribunes top books for 2014. To link to the full list and to see other publications selections, visit booktv. Org. Okay, now its time for hillary. You wrote that she captured your attent