The ashes . That is what you did in virginia and new jersey. And your guy your guy going to politics who is my guy . Deblasio. My guy. 60 youre a new yorker hes your mayor hes my mayor hes my mayor. Thats my mayor. And he we had him on the show before ive also had commentary that has not always been positive about some of the things he said i know. I know youve been critical you have not been positive of deblasio, im just yanking your chain. So the prospects for tax reform what do we think i think it gets more complicated. Is this a picture of the future . Is this something they can look at a year from today and say election day all over again if we dont have something passed potentially in all fairness im glad you guys got it. Its nice once in a while. You were off a low base. A lot of state legislatures and governors. You are talking about the democrats having a good day for the first time in a long time. Youre looking at the democrat over there . That democrat . Its been a long time
Taking your cue from a mistake in action can be a big mistake dow sank 138 points. Dow went down, and nasdaq went down i see stupid thing all over the place. Im urging you not to jump to any conclusions based on the tape remember, the big money measure control the daytoday gyrations in stocks, get things wrong all the time back in january of 2016 the price of oil plummeted to 26 a vale schlumberjay saw its stock had 61 bucks today with the price of oil is more than double tan it was back then, schlumberjay plummeted to 61 bucks someone sent me a tweet asking what to do with the stock of schlumberjay i said if it goes below 60 its probably worth buying because its ridiculous for this stock to be this cheap versus the price of crude right now the price of crude is 55 schlumberjay shouldnt be trading where it was back wen crude was at 6 i could be wrong but then again, you ever think the stock was wrong. I know people who thought it was bounce right back. The ceo of schlumberjay was not o
Homebuyers. Its a margin of more than twoone. Theyve outpaced renters since the First Quarter of 2006. As for the Fourth Quarter corporate profits climb. 1. 7trillion. Then you can see from that trot chart finally crumbling. However white now. They are ready for a new alltime record. The early season wrapping up almost last week. As been better than advertised. So far 91 companies had reported. 13. 6 blended Earnings Growth nine of the 11 sectors have seen faster growth. This economy is firing on all cylinders. There is no doubt that this was is happening under president obama it would be Headline News but even republicans are downplaying the trump economy may because they want to continue to put pressure to get the rest of the agenda through. Ladies, let me start with you. Veronica its been a long time. I am shocked that this is not more news. Its really incredible stuff. They talk about the soft data but were seen hard core data that shows this economy is really starting to get in ge
A concrete company says business is booming, two Home Builders rave about business. Broad Line Department stores just dont see it. Today the bulls clearly won the day. Dow gained 140 points, s p climbing 8 . Still recovering from that last day that was ugly. But theres no denying that this is a tough environment to navigate. Throw in the white houses seeming inability to get back on track after this 24hour leakathon, and you cant be sure where you stand in this market. Thats why going up to the feds june immediating, were going to have to hang on all the words of the fed. Case in point, monday when noted dove neil cash carry expre expressed epawill they cance each other out . Who knows, all i can say for sure is their utterance will dominate action this week. Bulls, remember you want the hawks to win out because we need the fed to bless the economy. The only Quarterly Report we get on monday, ajbilent, a, that compa if they disappoint, corporate buyers are out there. One of the one rum
Santoli. Thank you for being here. Wilfred frost off this morning. Well begin with that breaking news out of manchester, england. A suicide bomber struck an Ariana Grande concert overnight killing 22 people and injuring 59 others. A live report from the uk in just a moment. We want to check in on the markets. It did add to cautious mood overnight for stocks. U. S. Equity futures have turned around and bounced higher. Dow futures up 48 points, the nasdaq up 12 and the s p up 4. Lets show you europe and whats happening to stocks there. Also saw some early weakness which has turned around and yielded some strength with the dax up 0. 3 . France up 0. 71 . In germany, Business Confidence surged to a record hire. As for the british pound, thats where you saw the immediate reaction, weaker against the u. S. Dollar. The weakness continues. Some of that Market Reaction wearing off. The pound sits just below 130. Lets get to willem marx live in manchest manchester, england with what we know abou