Actually exist underneath the endless struggles in washington, dow dipping 42 points, s p advancing. 11 and the nasdaq advancing 3. 8 . The market shows that it loves tech in all of its forms and neither angry tweets by the president or angry speech in the house can all the stocks link with trumps real agenda. Tech is ascended because its got the organic growth that Institutional Investors love, but fabulous visibility that you the home gamer thrive on. I know we have been chatting all day about how blackrock has been slashing costs by firing the managerings and let tech pick approximate stocks, so why not booting the underperforming Portfolio Managers and slashing fees. Regular viewers know im a huge believer in indexed funds. Okay . I think you should stick the first 10,000 of your portfolio in a low cost indexed fund. I get a lot of heat on twitter, saying will you please listen to me on this . And you should stay in indexed swaps over into indexed bonds for more surety. But my poin
Examine every form of trade abuse and non reciprocal practice. They are currently contributing to the United States. It was the largest one made in 2016. At 500 billion. Within 90 days of the department of congress and the u. S. Trade representative will submit a comprehensive report on the causes of our large trade deficit. The american president has called for such an investigation. If they will allow us to make the decisions. About the trade policy of our country going forward. Thats why the united steelworkers international, the International Association of meat machinist in the Aerospace Workers international of one of the strongest tools of fighting they were countervailing duties. Making it possible for american businesses to compete they subsidize exports into our country. To encourage this practice they have a mechanism for assessing these types of transactions. Since 2001 the u. S. Customs and Border Protection agency has not collected these duties. If you think about it we c
Trumps meeting with manufacturing executives today, White House Press Secretary Sean Spicer briefed reporters. One of the main topics was former National Security advisor Michael Flynn request for immunity to testify before congress about the truck campaigns ties to russia. Mr. Spicer good afternoon. To catch, i want everyone up wasnt able to make the briefing last night on the theutive orders on executive orders the president is going to be signing this afternoon could the first direct the department of commerce and the office of u. S. Trade representative to examine every form of trade of these in a nonreciprocal practice that are currently contributing to the United States large and persistent trade deficits, the largest in a major nation in 2016, at 500 billion. Within 90 days, the department of commerce and the u. S. Trade representative will submit a comprehensive report to the president on the causes of our unduly large trade deficit. It is the first time in modern history that
Care tax cut deal because theyre wedded again, and a lot of folks are worried. Now, of course, donald trump has not wasted a nanosecond going after Freedom Caucus members who he says are blocking them. Weve got one of those members joining us just moments from now. And then the st. Louis fedhead, is he saying right now that theyre more inclined to aggressively hike Interest Rates not just three times, maybe more than that . James bullard is here and only here. In the meantime, to nicole pe petallides and Charlie Gasparino growing friction on the right about this whole agenda that could on tintter hooks. What do you make . Stuart had two really interesting guest there is, talking about how the Health Care Bill is being held up, how theres one part of the Health Care Bill, congressman massie talked about the medicaid reform, tax cuts, baseline of the budget paid for tax cuts predicated on and they cant agree on that. So it looks like, if this is a bill, think it out for the markets, if t
Plane when attendants get on and tell everyone to turn off their phones. Samsung shares in asian trading, lets take a quick look, down about 8 at the moment. Samsung strugsles have helped shares of apple we should note because the stock jumped hitting its highest levels since december. So well see if really all those folks that were getting samsung you running to the apple store. Because we actually had at t mobility ceo on squawk alley yesterday and i asked him are people actually getting, you know, sort of shuffled into other devices and he said no they are likely to get an earlier samsung device than switch to another carrier. They like the eco system and like it and stick with something they know. Were you able to see what we showed the picture . I did. Charred. Youre not surfing the web any more. No phone calls or anything. Right . Wow. Talk about a phone named brick. There it is. Its not funny. But wow. That would be frightening in your pocket. Thats what they say. In your purse.