High. 15 long hard years. And yet, what happens when we get thereafter all the struggle . I hear talk of the bubble again. Bubble 2. 0, dominated the discussion today, with the dow dropping 23 points and the nasdaq climbed,. 1 , giving you a nineday winning streak and fairing more bubblechatter. Let me say, if you are like me no harm at all to call the move a bubble. If the market implotedes you are a genius if it doesnt, who cares, you are just early. You never have to worry about being negative or being wrong. Nobody will criticize you, you will get a lot of air time when things go bad. Win win. Unless you are trying make money for people. Thats a problem. Second, in any market there are pockets of over valueation. We have witnessed in j. P. Morgan. They said, sell, its moved too much versus the peer group. They never said the palo alto plays were spebsexpensive. They felt that one got ahead of itself, and maybe it has, it stormed down 15 after the downgrade and i pointed out that te
Months. Our road map results with boeing, more planes delivered while cost cutting is paying off. A tale of two markets. U. S. Results disappoint. Weather had an impact. What about the waffle taco . Gilead beats, amgen dropping after the steep selloff in biotech stocks, is the worst over or just beginning . Is it legal . It is. Is it front running some were going to hear from bill ackman on his host still takeover tactic teaming up with valeant to bid for allergan. Exclusive comment from activist carl icahn. Lot of numbers. Boeing reporting earnings 1. 76 did Beat Estimates helped by an improvement in Profit Margins but when raising their full year Earnings Guidance and Procter Gamble reporting a Quarterly Earnings beat slight revenue miss. The cfo on squawk box this morning. Global growth in our product categories is about 3 . We maintain mark share in the quarter we had and consumers around the world remain very responsive to value creative innovation like laundry products, like some
Turkeys central bank hiking all of its key Interest Rates. Policymakers ignoring the warning if it is Prime Minister as they battle to defend the overnight lending rates. That was a much sharmer move thats economists have been forecasting. Also the imfs top financial counselor says the recent volatility in World Markets is due to problems in particular world countries and is not linked to the feds decision to start tapering. The imf officials argue that the fed is acting prudently. And speaking of the u. S. Central bank, fed is wrapping up its twoday meeting this afternoon. This as Ben Bernankes final meeting as chairman. That policy announcement is due at 2 00 p. M. Eastern time. Will they or wont they taper the taper . That is the question today. The u. S. Equity futures are indicated higher. In large part because of what happened in turkey overnight. You can see right now those dow futures are up by about 26 points. The s p futures up by just over 2. 5 points and the nasdaq futures
PORT TOWNSEND — The Port Townsend Symphony Orchestra Chamber Music Series will have its founding concert at the Port Ludlow Community Church at 3 p.m. Saturday.