What better way to begin the hour than with the worlds biggest money manager. Erik schatzker joins us now. And it close of interview. An exclusive interview. Erik we are at the blackrock annual fixed income conference here in midtown. Good to see you. The world has its share of problems. The horrible massacre in las vegas, the reconstruction efforts in puerto rico. ,f we look at the big picture things look pretty good. 2530. P 500 trading at my question is this. How much longer can this goldilocks state of affairs persist . Larry we should pause and think of these natural disasters and the tragedies in las vegas. This reminds you how tender life is. We have to respect that. And remember our loved ones and friends all the time. Too. Ought about tom petty, about theure goldilocks market. I believe to my surprise, too , howpeople surprised resilient the world has become. China is close to 7 . Surveys came out of china even accelerating. A 5 increase in the Chinese Bank Stocks today in hon
Investigation continues. The premarket building on the record highs europe is mixed. Ten year 235 auto sales on the way today. Road map begins with deeply sorry. Thats the message the former equifax ceo is set to deliver to congress rick smith set to be grilled by a House Committee over the companys massive data breach. Plus on the hill, wells fargo Ceo Tim Sloan will answer questions about the massive fake account scandal. Searching for clues. Investigators combing through evidence to see what led to sunday nights massive shooting in las vegas first up, the former equifax ceo rick smith getting ready to face a tough grilling by lawmakers, testifying before the house energy and Commerce Committee. In prepared testimony, he said hes deeply sore re thry this od and the company failed to prevent Sensitive Information from falling into the hands of wrongdo wrongdoers the breach may affect more consumers than originally thought, bringing the total of potentially affected to more than 145 Mi
B. Good morning. The subcommittee on Digital Commerce and Consumer Protection will come to order. The chair now recognizes himself for five minutes for an Opening Statement. Good morning. Today we are here to get the facts to learn what happened at equifax that led to the personal information of over 143. Americans information being stolen. We must find out what happened. The public deserves to know what happened and what steps are being taken to protect their Sensitive Data Going Forward. Todays hearing needs to shed some much needed information and light on this breach. We have received ashursurances m equifax that mr. Smith can speak on concrete remediation steps that the company took in the aftermath to secure its Computer Systems and protect the affected u. S. Customers as well as what happened when he was chief executive. As chairman of the Digital Commerce and Consumer Protection subcommittee i often speak about the fact that we live in a digitally connected world. That fact of
Trump growth agenda. One more number for you, please. This rally has added 4,856,000,000,000 to the nations wealth since the election. Got it. Today the president travels to puerto rico. He will see firsthand the recovery effort. Personal insults coming in from the left. This opinion piece appears in todays New York Times. Quote an unfit president fails puerto rico. The writer, michelle goldberg, calls the president one of the worst people and a nasty show biz huckster. Well, on his trip today the president is not scheduled to meet the mayor of san juan who criticized him as a sexist, but he will be pledging billions more in aid. You want to know how your personal information and that of 145 million other americans was stolen from equifax . Stay tuned. Their guy will take the heat today. Itll be political theater. The lawyers will be watching. Can you say class action suit . Where they get the money and you get nothing. All right, everyone. No, we have not forgotten the outrage in las
Appearances this week before a congressional committee. And he let off a house commerce subcommittee this morning. Good morning. The subcommittee on Digital Commerce and Consumer Protection will come to order. The chair now recognizes himself for five minutes for an Opening Statement. Good morning. Today, were here to get the facts, to learn what happened at equifax that led to the personal information of over 143 million americans information being stolen. Americans deserve to know what equifax is doing to fix the problem and help individuals that are impacted. Well find out what happened. The public deserves to know what happened and what steps are being taken to protect their Sensitive Data Going Forward. Todays hearing needs to shed some much needed information and light on this breach. We have received assurances from equifax that mr. Smith can speak for the company on concrete remediation steps that the company took in the aftermath to secure its Computer Systems and protect the