And flower calls it out the way it is. That is for sure, this is all the product of money printing. I mean, its amazing, like this is what we talk about. This is part of the problem that has been going on since 2008 since the 4th turning since the arrival of the new generation into the marketplace of jobs and the economy and they find out its a burnt out wreck of cantillon effect and over priced assets, right that all the young people, the 20 year olds, the 25 year olds having to enter the market with central bankers for the past 10 years, especially 12 years, especially have been pumping up asset prices. Well, that locks out the young generation. So were like, what good is that at the benefit of all the people who the boomers, especially who became of age, who came of age, got their 1st jobs, bought their 1st houses at the beginning of this cantillon effect at the beginning of this ponzi scheme. Since 1071. 00, when the u. S. Went off the Gold Standard, so why youre trying to keep tha
They were a little lighter than estimates, but still up by about 1. 6 . This is on the heels of Dollar General, that really crushed it. Heres a negative. They might see earnings on the higher end for the full year. They do not see revenue on the higher end for the full year. They see 43. 6 billion. They had seen 43. 9 billion. That could be a marginal weakness. David stock is up in the premarket a little less than 1 . You mentioned Dollar General, which has a strong showing. Alix blew outcome a really. Raised their guidance, they see fullyear sales forecasts rising. They did point out there are a large number of sales in their lower margin products, so margins will be an interesting story for them, but i think it always is for the Dollar Stores. David absolutely. The beat on earningspershare for the Second Quarter, and comp sales were up 4 . You can see they are up about 6. 5 in the premarket. Alix this will add some early optimism in the markets. S p futures up by a solid 1 , over 290
Laura here in france, and you cabinet has been unveiled after series of resignations at the government of a host of relative unknowns have been named to senior cabinet positions, some who has beene named defense minister and is one of three women to be assigned a senior cabinet post. And former lawmaker Bruno Le Maire has been named economy minister. Claire williams tells us more about the changes. Shakeup ofen a big the french cabinet. Altogether, 30 members, 15 men and 15 women. Two women have received senior posts. Defense and for the justice ministry. Interesting is that Emmanuel Macron and his Prime Minister have made a real effort to try to change the way things are structured in the cabinet so that we dont see the kind of rivalries that Emmanuel Macron saw when he was economy minister. What theyve done is that no longer will junior ministers have their own departments are portfolios to manage. Instead, they will be attached to a senior minister as a kind of equity. Emmanuel macr
Laura here in france, and you cabinet has been unveiled after series of resignations at the government of a host of relative unknowns have been named to senior cabinet positions, some who has beene named defense minister and is one of three women to be assigned a senior cabinet post. And former lawmaker Bruno Le Maire has been named economy minister. Claire williams tells us more about the changes. Shakeup ofen a big the french cabinet. Altogether, 30 members, 15 men and 15 women. Two women have received senior posts. Defense and for the justice ministry. Interesting is that Emmanuel Macron and his Prime Minister have made a real effort to try to change the way things are structured in the cabinet so that we dont see the kind of rivalries that Emmanuel Macron saw when he was economy minister. What theyve done is that no longer will junior ministers have their own departments are portfolios to manage. Instead, they will be attached to a senior minister as a kind of equity. Emmanuel macr
Good morning and welcome to squawk alley. Carl and kayla l. A. Are off today but we have a secret weapon, an anchor you know and love who es unafraid to step in, kelly evans joining me at post 9. Thanks for having me. Donald trump lighting up twitter in the last 24 hours sparking debate from everything from china and a possible Nuclear Arms Race with russia to the militarys overruns. Eamon javers is in our Nations Capital with all the details. Good morning, john. An astonishing 24 hours, starting with that tweet donald trump put out about expanding u. S. Nuclear capability. That provoked a flurry of reactions including this morning on morning joe on msnbc in which mika brzezinski, the host there, said she had a chance to speak to donald trump off camera on the phone and he told her what he meant in his tweet. Heres the way she framed it this morning. Its getting a lot of attention. Mika asked the president elect while we had the opportunity, what his position was on trying to clarify t