Dow topping 28,000 today for First Time Since february. Its the value trade thats working. Is the rotation for real i think as long as you have confirmation in the bond market, you can believe in it but when that link breaks, the stocks the value stocks probably crash again. We witnessed an episode like this that happened from the middle of may through the middle of june. It was almost a full four weeks. It was violent to the upside value stocks, cyclicals, the quote reopen names Small Cap Value did incredibly well the Growth Stocks took a pause the high flyers corrected but when that ended, it didnt end gently you had crashes in the reopen stocks you had crashes in the value stocks both asbestbsolute and relative to growth its a Real Recovery if that link breaks and i know yields have gone up a bit here and abroad as long as that continues happening, im fine with it. I think you have to watch that more than commentary, more valuation, more than anything else jpmorgan had a great note
Known as declaration day. Memorial day became an official federal holiday in 1971. I believe declaration day is what it used to be known. Mike, allie, it is good to be having you on board today. I think about the ceremonies we have covered across the bay area for some 15 years or so. And i think what is missing this year is often the best part of the memorial day ceremonies. Sometimes you have to be seated or standing next to someone you have never met before then you turn and ask, why are you here . You get to learn about their daughter, their son, their husband or they brought their children to learn about memorial day and unfortunately, that is not really able to happen this year. I think you touched on it right there, about teaching your children about memorial day. My son always helps me raise the flag. We have our flag up right now. We put it up on friday, no school today, today is a day of education for our youth. To tell them, these men and women who died for our country, there
Amid growing protests to lift those stay at home orders. But the nations Top Health Officials striking a cautious this, too, were their hometown. These nurses are giving everything its just awesome. They love these people theyve only been there for tone. Three days. But you wouldnt know it. To all of you that are out there that would like to join they have seen darkness. Together and just have that dinner party for 20, dont do it today the facility we went to had to get a big semi truck yet. Freezer for the bodies we are live at the white house. Investigating the origin, new questions surrounding how and where the global outbreak began. Its horrible. Its really bad. Im sorry, its so sad to hear theres still lots to learn. This its like and then to see it, families cant even come in here you should know that the united and be with their dying loved States Government is working diligently to figure this out. Did it start in a wuhan market as chinese officials claim, or a nearby Governmen
Hello there just go midnight here in moscow you with r. T. International person donald trump has approved a fresh package of sanctions against iran following the latest escalation in the region the american leader says that they will only be lifted when iran complies with u. S. Demands. Theyre losing a tremendous amount they getting heard very badly by the sanctions can in very quickly but as to whether or not they want thats up to them not up to me its totally up to them so we have the United States slapping more sanctions on the Islamic Republic of iran saying that these sanctions will continue unless the Islamic Republic complies with the demands of the United States iran has responded warning that the recent missile attacks are not the only kind of revenge theyre capable of in response to the killing of qassam solomonic its also interesting to note that in his remarks u. S. President donald trump indicated that he might be open or interested in the possibility of expanding the nato
It is monday, december 3 of of. Hillary 30th30th. Fbn a. M. Starts right now. Its a beautiful morning. I think ill go outside for a while. And just smile. Cheryl it is a beautiful morning welcome to fbn a. M. Im cheryl casone. Lauren one of the final mornings of 2019. Your money is moving this morning. The dow higher by 25 25 s p up , nasdaq up 9 andahalf. The s p 500, if i the best performance since 1997. Lauren stocks in asia mixed. China, shanghai composite up 1. 2 , nikkei down three quarters of 1 today. Cheryl over in europe, come off a strong week for markets, a little bit of red but last week a he very strong very strong week for the european markets. Stocks are set to kick off the final trading week of 2019 with another round of records. The s p 500 on track to score the biggest gains in 22 years. If the index rises 29. 6 for the year, we should say thats the best level since 1997 and the nasdaq, got to point this out, as of this morning up 35 for the year. Analysts see the mom