Folks. Also all of this as the Justice Department filing a historic lawsuit against google accusing the company of stifling competition in the online, in the search world. Well have details here. Produce what it means for your portfolio. That and much more on making money. Charles major indid i sees holding on to gains but there is a pattern fading toward the bell. Earnings including higher guidance in the Current Quarter from key names like proctor gamble. Youre biggest winner of all stocks in the s p, kohls. Continues my theme of investing in brick and mortar names. One of my guests agree. If there is any mercy, it will come to a halt today, deal or no deal. Get it over with. As smart folks are bringing about all of this. Talk to them now. Eddie gabor. Dani hughes and federated Portfolio Manager equity steve chef a rohn. By the way i hope this is the last time we ever have to talk about this topic but lets do it. Lets handicap the stimulus saga. I will start with you, eddie, what hap
Much as yesterday, of course, when it posted one of it best days since january joining us for the hour is mark tepper, founder and ceo of Strategic Wealth partners. And mark, you know, a rally like this going into year end has got to make your clients feel good but do you tell them not to expect the same thing next year . Thats absolutely the conversation were having with clients right now. I mean, it has been an awesome year markets are up about 30 all on the back of no Earnings Growth whatsoever. So its all been multiple expansion. Its all been an increase in Investor Sentiment so were telling clients right now, manage your expectations for 2020 dont expect a repeat of 2019. I think, unfortunately, a lot of Retail Investors tend to have a shortterm memory when it comes to market performance. So, its not easy. You do have to work at it. Expect good gains in 2020, but nothing like this. Lets focus in on the big stories were watching today Frank Holland is tracking the nasdaqs run to ne
Listen on the go with this free cspan radio app. Host Grover Norquist serves as the president of americans for tax reform. We hear a lot of debate about the impact of the 2017 tax cuts. What would you say about that . Guest several things. What it did to economic growth, gdp, and it has gotten stronger. Wage growth is up. The last 15 months, about 3 . And that is particularly in the Median Income people, middle income folks Getting Better wages. We are also seeing 7 million job openings with less than 7 Million People looking. More people are leaving their jobs, which is a good sign. I means they know there are other jobs. You want people to leave jobs they are not happy with that are not going somewhere, and they are finding jobs. And the total workforce, the number of people looking for work, under obama, that actually declined. One of the reasons unemployment went down is people were so discouraged they quit looking, they retired early they did not , go to work, they stayed in schoo
More people are leaving their jobs, which is a good sign. You want people to leave jobs they are not happy with that are not going somewhere, and they are finding jobs. And the total workforce, the number of people looking for work, under obama, that actually declined. One of the reasons unemployment went down is people were so discouraged they quit looking, they did not go to work, they stayed in school, they stayed home. They were not working. That was declining during recovery. It was just the weakest recovery in modern history. We never had a recovery like that. But worse, people were leaving the workforce. During recovery. Growth, he blocked entering the workforce. Every once in a while, you see lots of people get jobs, but the unemployment number doesnt move because as many people start looking for work and that is a good sign. People wanting to work and finding work, more people being able to choose their jobs. Voluntary. Not getting fired. Voluntary departures are up. Wages are
Active and retired military, call at 2027488000. If you are a navy seal and want to talk about this situation from your perspective, 2027488001. All others can call us at 2027488002. You can text us at 2027488003. And on twitter at cspanwj our Facebook Page available to you, too, at facebook. Com cspan. The wall street journal reports it was yesterday that the defense secretary, mark esper, fired the Navy Secretary Richard Spencer sunday after mr. Spencer attempted to cut a deal with the white house over the case of a disgraced navy seal. Mr. Spencer told the wall street journal he tried to make a deal in which President Trump would conduct anavy to review of chief Edward Gallagher who would then be allowed to retire with his trident pin. Mr. Esper only learned of these efforts after the fact and thus. Ost confidence in mr. Spencer that is the wall street journals accounting. If you go to the pages of usa today, some back and forth over the specific case of the Navy Secretary and backg