Lots are saying that tomorrow seems pretty perilous. Former fbi director james comey testifying in front of the senate and based on his just released Opening Statements its not going to be pretty for the white house. We got the British National election where is the labor Party Looks Like it might have a chance of winning. Something that could send the british stock market and the pound plummeting and major European Central bank meeting in astonia where the economic expansion might merit the end of massive monetary stimulus. To the hand ringers will be out in full force. I bet the same people that told you to sell the last time trump was in trouble, the ones that think this rally is predicated on total trump policies. Trump stock. Will tell you to sell again. Im sure the same people that bolted when brexit occurred already have one foot out the door. I can promise you there are people that will genuinely flip out if the ecb does move the stimulus and to make matters worse throw this in
Wow. 20 . Thats thats a real add on to the 5,000. Thats real money to people that are yes. I heard Carl Quintanilla say yesterday weve seen more points added to the nasdaq this year than all of last year and its only february. Six weeks into the year. Theyre doing some kind of calculation again on historically in a new president , the quickest stock market gains out of the gate. Is this this month is the fastest. Since lbj. This must be from january 20th. This is from the inauguration. Its funny. Remember, we had a lot of naysayers who said, from november 8th to december 8th we got gains, then it stalled. Then it was about three weeks ago it started again. Whats the that would be january 20th, right . Well just over 3 1 2 weeks. Okay. A lot of stuff. The back drop for you, i know, your water cooler stuff. A lot going on for you. It is kind of shocking to see some of the turmoil thats before us and the headlines and the market ignoring it. The market could always if it became very serio
Well debate whether this type of promotion can give the fastfood giant a boost like all Day Breakfast did. Tesla set to report earnings after the bell among others. We have a Hedge Fund Manager who says that stock is the single Biggest Company stock bubble going right now. An under the radar story, how judge judy is looking to make hundreds of millions of dollars off reruns. You have to hear this one. Coming up. Judge judy. I guess people would binge watch that. Funny you should stay that. Starting with President Trump and the federal budget. Eamon javers at the white house with a recap of the meeting today. Weve got cameras into the meeting to see the top of it. We saw treasury secretary Steve Mnuchin and Jared Kushner gathered around the table. He gave us a hit in terms of what general direction he is going. Here is what the president had to say earlier today at the white house. Unfortunately, the budget that we are inheriting essentially inheriting is a mess. The finances of our cou
Plan the developer is in full compliance. You will see that there is several asterix the will to note programs of the were also contained in a phase 1 Community Benefits agreement. Prejob training and employee assistance, the developer is obligated to contribute to and 25,000 per year to Fund Community based organizations providing job training services. In november 2015 ocii found a quarter and 60,000 shortfall in prior years spending and developer the developer did agree to accelerate funding into compliance i 2018. For this update in the first two quarters of 2016 the developer has spent 58,000 of the 225,000 annual obligation for job training and the developer did not extend the dollars to address the prior year shortfall. However the developers did submit a plan last week to ocii staff to accelerate spending, which addresses ongoing job training. The information provided below is detailed information on the expenditures. The Small Business Assistance Program requires the developer
Buck and goes lower. Thats what happened today, dow slipping 29 points, s p falling. 10 . Now, i know that individual stocks can transcend oil now and then, but oil is in control right now. We might as well go right into our game plan because the most important thing happening next week at the height of earning season is what depose on this weekend in doha. Thats when Oil Ministers from opec and russia are getting together to talk about freezing production. This meeting really isnt about freezing anything. There are way too many countries moved and opec itself is basically broken, its every country for itself in this oil market. Im not saying its irrelevant, especially given the endless rumors of having it were crucial in lifting the price of crude from 26 bucks to 40 now. I am saying, though, that what really matters is supply and demand. And right now supply is indeed being cut back in the u. S. , prices are too low. Maybe by as much as a Million Barrels while demand worldwide is pic