Dow gain 42 points nasdaq climb 2. 5 per, usual records highs. Each day with get a stock that seems to ignite and then captures the fancy of investors and provide the leadership that make succession so exciting and yes, lucrative at least if you happen to own it in fact, you know what, im an angler and theres a tar pine festival in july next year this is like fishing, catching a 40 inch fish every day, each different than the day before. Take todays catch, markecdonal. Not that long ago this to be was knocked down, that created a panic, even as it seemed out of contractor with the slow and steady wins the race performance of ceo steven. Now the stock has broken out unless you call that will veggie burg they released in europe something, the stock climbed to a 2. 5 high the next thing you know the analysts will be inventing reasons why it went up so they can recommend the stock tomorrow having analysts pound the table doesnt hurt even if they are gemmed up. Everyone loves a winner but t
Costs. John shrewsberry jiwill join ust discuss the Lasting Impact of fake accounts scandal. Weve been following the scathing critique of bridgewater and ray dalio written in the newsletter last week jim will join us in an exculusie interview. Some of it may strurprise you. We begin with iran today the president just announcing new sanctions will be put in place against the country and decertifying the iran deal after his speech, he took questions from the press, when asked why he didnt just end the deal now, he said this well see what happens over the next short period of time. And i can do that instantaneously. I like a twostep process much better what impact could the uncertainty over the iran deal have on energy joining us to talk about that now, andy liphow, and benjamin sal salesbury. Good to see you both benjamin, just talk at the outset whether this actually does change anything with regard to policy implications, about supply and demand for energy, iran exports, anything like
And will bring you live updates throughout the newscast. More people who were forced to evacuate by the wildfires and napa and Sonoma County are being allowed back to their neighborhoods. It is one of several indications that firefighters are beginning to get a handle on these fires. Evacuation orders were lifted last night for two neighborhoods in santa rosa. People living in geysers geyserville and healdsburg have been told they can return. These fires have claimed the lives of 41 people across four counties. Sonoma had more than half of the the terms. 102 people are still unaccounted for and sonoma and napa county. The latest person killed was the driver of the water truck that crashed in napa county yesterday morning. Heres the latest on the four major fires. The largest is now the nuns fire. 51,512 acres. Containment is at 53 . This fire is a few Hundred Acres bigger than the atlas fire south of Lake Berryessa which is 70 contained. Tubbs fire in the calistoga area has burned more
The good times last for investors . Our first guest today says 2018 will be more challenging jim paulson is chief investment strategist live with us today from minneapolis welcome back. Thanks for having me, scott. I thought things were about to get really good whats the problem well, they could be i i just think theres some challenges that are starting to show up. I dont see a bear market next year but i think well take a pause and could have a correction here. You know, the biggest thing that bothers me is positive economic surprises to me have been a big part of the rally in the last couple of years. The problem today is the economy may do just as well next year, but will no longer surprise anyone because everyone is caught up. Everyone knows theres a synchronized Global Recovery going on the u. S. Is doing well, so even if it continues to do that, it wont have the same positive impact in the market in addition to that, you know, the feds tightening and the cumulative impact of that
Harsh words for donald trump at a rally on Climate Change. Reporter in san jose, giving mr. Trump a failing grade. Hes been a disaster. Hes been even worse than i expected. Four years is too much to mention. Disappointments add up. Hes not done anything actually about environment and the war. Im not watching. I dont like his face. Reporter republicans say donald trump is doing just fine, his first 100 days on the job, even reagan would be proud. Whether its tax plan or foreign policy, with every president , there is a way to agree with him in the first 100 days. . Hes done the best he could. Reporter 300 republicans are holding their convention. Silicon valley is the heart of creation, disruption, the themes donald trump ran on. The first 100 days of my administration has been just about the most successful in our countrys history. The president gives himself high marks. Others might dispute that. President trump has changed the tone in washington but not passed a single piece of legis