And im not as crazy about it as id like to be. Its a major reason why the dow still continues to elude 20,000 again. The average ended up dipping 76 points. S p declined 0. 35 even as the nasdaq advanced to a new alltime high, up 0. 19 . Exhibit a in the Great Expectations game, the banks. The bank stocks have been the leader of this rally. The banks are practically the be all and end all of this rally, led by Goldman Sachs and jpmorgan. Theyve got a phrase on aircraft carriers when navy pie lots are about to land. They say coming in hot. These two are the essence of coming in hot, maybe too hot. Bank of america is in the same boat. Its fallen from 17 to 22 since the election. Only wells fargo has lagged. Surely its jumped nearly ten bucks when trump scored his upset victory. The issue with these stocks, so violate of the next leg of the rally is they need interests rates to go higher if theyre going to keep rising, and Interest Rates seem do have peaked for the moment. Sure, many gove
Us on facebook at the spent history cspan history. History tv is joining our Cable Partners to showcase the history of grand rapids, michigan. To learn more about the cities on the tour, visit cspan. Org cities to work. We continue to look at the history of grand rapids. We are at the Gerald R Ford Residential Museum in grand rapids, michigan. He is beginning his professional career. It is not clear even to him, because at the same time that he is establishing hislop rectus he is applying to become a field agent for the f ei. He wants to be a gman. He is writing letters and toward the end of 1941, trying to figure out what the status of his application is. Himself, along with america, caught up with world affairs, when the japanese bond pearl harbor. There after he shifts his attention to the navy. He wants to become a naval officer area he sends in his application to be commissioned as an officer in the navy but april 1942 and he joins the navy. Annapolis down to cap where he goes thr
Program was started by a three person committee, but they wanted they wanted to take it possible for American Cities to commission an original work of art for that city. We were the first city to ever receive a grant from the endowment to be used specifically to commission an original work of art for a specific civic site. It was 16 years old. It was in the spring of 1930 and he was working at bills place when he noticed a new car pulled up and stopped in front of this store. This big fellow stepped out any stepped into the entryway of the sedre and cost pau for a long time. Ford asked him if you help him. The man city where Leslie Lynch King junior. He said no, im gerald ford junior. He said you are my son, im your father. I want to take you to lunch. Welcome to grand rapids on American History tv. With the help of our Comcast Cable partners, for the next 90 minutes we will take you to michigans secondlargest city. Once called Furniture City. We begin with a tour of the newly updated
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