I got it. If this stock is a buy or should get kicked to the curb. Do you know the show hasnt started i know. Getting away from you. Youre not supposed to talk yet. Were excited. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, who is already made his appearance. Chatty tim. Steve grasso, guy adami and julie beal. We start off with the potential turmoil in washington. The house without a permanent speaker after housing Kevin Mccarthy last night. So, who is throwing their hat in the ring . When will there be a vote . What will new leadership mean for congresss fiscal agenda . Lets get to Emily Wilkins for the very latest on this. Emily . Hey, melissa. Well, the race for House Speaker is under way. Steve scalise and jim jordan both officially announced today they will seek the gavel, other members are looking at a potential run including congressman kevin lehaern. Republicans are going to meet on tuesday. Theyre not going to have a speaker
From the Hudson Institute this is an hour and 20 minutes. A special welcome to those of you who are watching online into the viewers on cspan. I am seth cropsey. The senior fellow here at hudson. Welcome to our conference on chinas recent actions that aim to establish their own order in the Taiwan Strait. As you will hear in greater detail from our panel this morning china unilaterally changed the status quo in the first week of this year. The changes were made despite agreements between taiwan. And then again in 2015. These provided for mutual consultation to any change in aviation rates. This violation is part of a larger broader pattern of chinese provocation. For example the chinese Aircraft Carrier goes through the Taiwan Strait. One day after the aviation route changed since the taiwan president was inaugurated. They had circled taiwan nearly once a month. This is consistent with chinas policy that seeks to enjoy the benefits of an International World order for the purpose of rep
The reach for yield is apparent in every asset class. We know the insatiable chase for yield continues. We should be watching for excesses or buoyancy to get to a tipping point. It should not surprise that this thirst for yield has gotten into the highyield market stree. Am i being compensated for the risk im taking on . You have to be buying credit somewhere whether its highyield or highquality corporate in an effort to get some spread over that which they can earn in treasuries. As a consequence, you have a sort of natural buyer for it even if they have to hold their nose for it while theyre doing it. There comes a point in most investment cycles where you have to start thinking the return on capital is rather less important than the return of capital. Keeping your money and not losing anything becomes more important. A lot of folks who are big names and got it right the giving of the rally are beginning to say, look, this cant go on forever. Scarlet one of those big names gundlach.
The reach for yield is apparent in every asset class. We know the insatiable chase for yield continues. We should watch for buoyancy getting to a tipping point. It doesnt surprise me this hunt for income or search for yield has reached into the highyield market, at the end of the day you have to ask if im being fully compensated for the risk. Bond funds have to be buying credit somewhere whether it is highyield or highquality effort, they have to get to where they can earn in treasuries and as consequence you have a natural buyer for it. Im nervous and for everything there comes a point in investors cycles where the return on capital is better than more important than the return of capital. A lot of the people who got it right at the beginning of the rally are saying, this cannot go on forever. Scarlet one of those big names was jeff goodlach. He said if you are waiting for the catalyst to show itself, you will be selling at the wrong price. This is not the time where you say i can buy
It is totally cool to pick up the bowl and drink from it. And find out how one master craftsman turns wood and stone into stateoftheart sound. This is a difficult time consuming, expensive process. But first, Nikki Eckstein has a guide to making the most of london. Nikki london is one of the most dynamic cities in the world. For all its iconic sites, it is also full of hidden treasures. And now with brexit looming, the city is on the verge of a total reinvention. Im Nikki Eckstein, travel editor for bloomberg pursuits, and i will show you how to make the most of london. Nikki out of londons 37 million visitors each year, a whopping 9 million come here on business, making one of the biggest Business Travel markets in the world. And that is the air. And that means busy airports. Dodge the crowds by flying into london city, a small under the radar hub in the middle of town. Landing here means short immigration lines and zero traffic, shrinking your travel time by an hour or more. Until re