Remains solid. Joining us for the hour is stephanie link what do you think the theme is here we started the day up almost triple digits on the day then loss were down triple digits now were somewhere in the middle crazy with earnings nonstop. The theme today is the shift right back to growth from value. Thanks to paypal, thanks to microsoft, thanks to service now, and value is under performing because i think its all about 3m and what they said. Weak china, weaken you a, to no green shoots after yesterday where caterpillar gave us some hope and boeing gave us hope today took it all back some commentary from the industrials so far, honeywell last week as well, some of the commentary has been a little bit better around china so i wonder how much of this you think is 3m specific and where their end markets are focused versus the broader sector especially in electronics i do think they have high variable costs at 3m so they have some Company Specific issues. They didnt take production down
Four is going to be one out of three in just a couple of years. Can we afford to short which change their education and the success of this country which demands that we do not . Just last thursday, this body joined me to unanimously pass my bipartisan resolution honoring hispanicserving institutions week, but its hard to take seriously our words of support for minorityserving institutions if we fail to back up those words with real action. Unfortunately, thats where we stand today, on the cusp of skipping town without voting to properly fund these institutions. Across america, 523 hispanicserving institutions in 25 states, the district of columbia and puerto rico serve more than two million hardworking latino and latina students who dream of a college education. I know this dream well. Indeed, my own story began at a hispanicserving institution. Even if that designation did not yet exist at the time. Ive was the first in my family to attend college and i did so at st. Peters college i
Official approval. Speaksstanleys boss exclusively to bloomberg, warning the fed against cutting rates. Ive supported the latest fed rate cut and i suspect they will do one or two more. But then it is time for a pause. Shery more from that exclusive interview with james gorman ahead. Plus in Bloomberg Technology global link, aps incremental tweaks to the iphone lineup. We will ask if that is enough to lure buyers. Thats get you a quick check of how the markets closed in the u. S. A bit of a rocky session for markets. Gains and losses but throughout the session getting a bit of a boost. The dow up three tents of 1 . The s p 500 unchanged. Media reports talk about chinese purchases of u. S. Agricultural goods. Greato have not so optimism when it came to bail trade negotiations and those concerns wait on tech stocks with the nasdaq unchanged. We have Energy Stocks higher with oil fluctuating after the National Security advisor was let go from the white house. Lets get you started with a q
Help making sure that their ducks are in a row . These are the things that we are trying to talk about today, when we talk about things like longterm care and family care. And the other point when someone in your family get sick, you should not have to worry about, will i get paid today . We need to talk about a serious paid family medical leave that if your child gets sick or your grandmother falls that you can take some time off to make sure they are ok emotionally, that they are ok physically and that they are ok mentally. And that you shouldnt have to lose your pay or your job to do these simple acts. And that is what we want to do when we talk about paid family leave. All of these things are encompassed in what we like to call the caring economy. The caring economy guarantees every Single Person in this country is respected no matter what. We dont talk about the folks folks that are getting those services. We also talk about the folks that are providing those services. Heres the t
Issue. The question of what do we do for folks that need longterm care . Folks that need longterm care . What do we do about our seniors that want to live at home but they need a little bit of help making sure they are in a row . These are the things we are trying to talk about today when we talk about things like longterm care. The other point. When someone in your family get worryou shouldnt have to about will i get paid today . We need serious paid family medical leave that if your child gets sick, you can take some time off to make sure they are ok emotionally, physically, and mentally. You shouldnt have to lose your pay or your job to do these simple acts. Areof these things encompassed in what we like to call the caring economy. Guaranteeseconomy every Single Person in this country is respect no matter what. We dont talk about the folks that are getting those services. That arebout the folks providing those services. You cannot automate the human touch. You cannot automate the ca