Stuart look at the big board, the dow is up. I wont call this a rally but it is again close to an intraday high, awfully close to 17,100. How about that. Stock of the day, time warner, look at it. 21st century fox makes a bid for the company, time warner turned down by the door is open. We should mention 21st century fox owns this network. Mary kissel is here to pass judgment on this titanic development. In my opinion a couple of issues here. Content is king, time warner is king of content. There is a migration, television to online. This is all part of that. It is just great more broadly speaking susie animal spirits in this economy. 2 growth, nice to see Companies Bidding for one another even if it doesnt work out but you are right. Content is king whether it is comcast, time warner, dish, spectrum, verizon, the tv deal they did absolutely is very valuable. Stuart i dont think it will make a difference to what our viewers see in the immediate future or where they see it but look down
Don that is good. Stuart a fine piece of musical production and we like that. Is indeed the morning after republicans win the senate. Big day for your money and later this afternoon president obama speak following the huge loss for him and his party. What kind of tone will he take . Reports suggest he will not give it. No change in policy. You can bet we will be all over that one in the next two hours. Look at where your money is. We have been saying this about the gop win would bring a market rally. The dow is up 70 points and this is on top of the 1,000 point run up in the last two weeks. Look at these dow stocks, all hitting brand new highs today. Johnson and johnson, microsoft, nike, procter and gamble and there is more. Travelers, united health, visa, all stocks you own in the mutualfund or your 401 k , all of the record highs. After election when there is a democrat in the white house and Republicans Control Congress it brings an average 21 rally on the s p 500 over the next six
To the malaysian flight 17 crash site by advocating for peaceful solution to the conflict. My purpose is finding a diplomatic solution within ukraine. I believe that can still happen. That is my preference today and will continue to be my preference. Melissa joining me our very own charlie gasparino. We have diversified financials dominic tavella, director of institute for new economic thinking. Marshall your back. Youre new to the table. I let you go first. What do you think about all this. I would like to be part of the nsa and listen to the conversation between Angela Merkel and Vladmir Putin because i think that will be much more morn conversation. Melissa what do you think theyre talking about there . Boy, this thing has gotten way out of hand. I think that is exactly what they have been talking b she has been recalcitrant. She has leverage. She is only person that get him to step back. I dont think president obama can do it. Melissa markets taking comfort what the president said,
Global stage because we do print money. Our dollar will notal waugs be this strongallenal always bethis strong because europe will not always be this week. Investors wake up were all human, and that is snap shots are always leaving one shot, snapped done, apples competitors are not done, and neither are americas. Not long ago samsung was eating apples lunch and china was eating ours. I am not smart enough to say this is a mirage. I am pointing out there once of a time where our markets and apple couldnt do anything right, now they are priced as if they cant do anything wrong. Sometimes perfection wins. Sometimes they are given time to catch up. To lizzy mcdonald. On this idea that were due for something. In apple or us . Neil both. You are right to draw that analogy about apple tim cook said that the sky is limit. We can go to china and he said this 4 years ago for it to maintain the current sales pace, it will have to sell 3 billion i think iphones by 2025, that is half of the world p
Smarter than the stock market in many ways, we went into a secular bear market in 2000. And we broke above those levels through that resistance level or Glass Ceiling in 2013, if we dont break down below that level again that would be about 30 drop from today it would be first time in 200 years we recover from a success lar bear that secular bear that kickly. If you look at market it has been fed fueled we know that. They will keep fueling it higher maybe that is fine for abinvestor, is for an investor is this fed never raising Interest Rates . I hope not otherwise. The fed does raise Interest Rates. I think that now is the time they know they have to do it, i think they go before september. We will see Economic Data turn higher in q2. That is key to higher stock market the market needs clarity from the fed about when left off will be. Dan . You shake your head. I disagree with that atlanta fed, updates the gdp almost daily, now if anyone wanted to google it they are at 0. 1 for last q