0. 1 . As for the markets this morning, take a look. The dow and the s p both closed at sixweek highs yesterday. The nasdaq ended the session at a 13year high. 15,529. That was the close for the dow. If you take a look at the futures this morning, just to get a sense of this, cramer told us yesterday the market wants to get up no matter what. The futures are indicated up higher by 2. 8 for the s p. But the big question, joe, is what happens at 2 00 today. What do you think . I think theyre going to taper by 10 to 15 billion. Which . Ten or 15 . Here is the thing. The market is almost 100 set on this. Liesman wait a second was talking about it yesterday and only 48 of the experts that he polled said the taper is going to come today. I think by saying 10 or 15 today, i think im still sticking my neck out. What do you think . I love steve, but these are just putting together a bunch of the clowns that we have on all the time. I know its a composite look at that. But theres no way it was 4
The upside of downsizing, a smaller home, fewer expenses, less debt. A way to make your nest egg last longer, but how practical is it really . The series how to not out live your money continues tonight. That and more on nightly Business Report for thursday, july 25th. Good evening everyone. It is the story the Business World is talking about. The federal government indicting one of the largest and most profitable hedge funds in the country, sac capital. The steves founder was not charged personally but the multibillionaire investor is at the center of the yoearlong investigation. They traded on stocks based on confidential information unavailable to the broader public. The u. S. Attorney in manhattan is charging them with wire and securities fraud and permitting a quote system make Insider Trading scheme from 1999 to 2010. It was deep and wide and spanned more than a decade in time, involves securities of at least 20 Public Companies and multiple sectors of the economy and benefits sa
The upside of downsizing, a smaller home, fewer expenses, less debt. A way to make your nest egg last longer, but how practical is it really . The series how to not out live your money continues tonight. That and more on nightly Business Report for thursday, july 25th. Good evening everyone. It is the story the Business World is talking about. The federal government indicting one of the largest and most profitable hedge funds in the country, sac capital. The steves founder was not charged personally but the multibillionaire investor is at the center of the yoearlong investigation. They traded on stocks based on confidential information unavailable to the broader public. The u. S. Attorney in manhattan is charging them with wire and securities fraud and permitting a quote system make Insider Trading scheme from 1999 to 2010. It was deep and wide and spanned more than a decade in time, involves securities of at least 20 Public Companies and multiple sectors of the economy and benefits sa
We have that and more tonight on nightly Business Report for friday, july 26th. Good evening everyone and welco welcome. Call it a turn around friday. Stocks pulmobled and recovered from a loss of 150 points. The dow squeaked out a gain bringing the win streak to five but the s p 500 was not as lucky. Its weekly win streak was snapped at four dragged down by exped expedia. The dow closed at 15558 and the s p 500 higher than a single point and the nasdaq up by eight. While this may have been the biggest week for earnings so far, next week may be the biggest month for the economy turning a quiet midsummer stretch into something more meaningful. Topping a busy agenda, ben bernanke chairs the twoday fed policy meeting as the focus on his successor narp brows. Two people lead the list of possibles. The fed isnt expected to rollback bond buying when its meeting wraps on wednesday. Shifting the tantrums into september and maybe beyond given the data weve seen. The same day retail sales, housi
We have that and more tonight on nightly Business Report for friday, july 26th. Good evening everyone and welco welcome. Call it a turn around friday. Stocks pulmobled and recovered from a loss of 150 points. The dow squeaked out a gain bringing the win streak to five but the s p 500 was not as lucky. Its weekly win streak was snapped at four dragged down by exped expedia. The dow closed at 15558 and the s p 500 higher than a single point and the nasdaq up by eight. While this may have been the biggest week for earnings so far, next week may be the biggest month for the economy turning a quiet midsummer stretch into something more meaningful. Topping a busy agenda, ben bernanke chairs the twoday fed policy meeting as the focus on his successor narp brows. Two people lead the list of possibles. The fed isnt expected to rollback bond buying when its meeting wraps on wednesday. Shifting the tantrums into september and maybe beyond given the data weve seen. The same day retail sales, housi