Unraveling the dow gained 131 and s p inched up but tech, yes, the tech heavy nasdaq declined. 60 . I say get used to this this kind of volatility is now here to stay i think september is the month this whole new investors who believe that stocks only go up, i think they get a rude awakening. Sure, long term stocks do go higher they have. They tend to do so but not long run, were also dead short term, when they go down, they go down hard. Which is why you need some cash on the sidelines cash king to treat these pull backs as buying opportunities and not be afraid. With that in mind, whats the game plan for next week . Housing is among the strongest groups thanks to low mortgage rates. Thats how lenar could rally 40 . I dont want to hear this gain is fake because the Federal Reserve is propping up the economy. When you take that money to the bank, they dont care. In our reports on money and after the close and unfortunately, i think the easy money here is made even though i think its a
Youre taking. Margin right out of your pocket. Do you not see that . We overhauled their Business Model and their building. But they recently received news. Marcus lemonis with carcash regarding an eviction. That could shut the business down for good. Andrew its not right. Really, its not right. Lemonis in jacksonville, a talented candy maker tied up in a bad deal. Dane i dont want to sell. Lemonis in 18 months, that tiny company has been transformed into a multimilliondollar business. You did 538,000 compared to like 35,000 the year before. Peter thats a big difference. Lemonis but the biggest move. What do you think we would do with this building . Is yet to come. And a familyrun Clothing Company, once crippled by bad designs and bad tempers, got a new look. Man oh, my god. Lemonis . And new clothing lines. Noemie i love it. Lemonis but some very familiar problems still exist. Nicolas you dont change that. We will tell you whether it is feasible to do. Lemonis its another progress re
And social change and the impact of racism and economic growth. Its monday, june 15th and youre watching Worldwide Exchange right here on cnbc. Well, good morning, good afternoon, or good evening and welcome from anywhere in the world that you might be watching thank you for starting your week with us here on cnbc if your just joining us or waking up you might want to grab another cup of coffee. Dow futures are off their lows but theyre down 630 points right now. A couple of hours ago, dow futures were down 1,000 points all the indexes indicating a loss at the open again, a 2 drop right at the open now well see how that plays out certainly a lot of red on your screen right now lets move on. Dow futures again down 535 lets also check the etf that tracks the major averages because that is subject to different moves in the futures overall. Right now it looks about the same but we got in earlier and it looked like the possibility of limit down in the futures you want to look at those etf a
Governments around the world. Her book is the information trade. Hi, everybody. Thank you for coming. I am the editor of the outlook section of the Washington Post which is our home for ideas and essays and criticism including Nonfiction Book coverage, and im very lucky and you are very lucky to be here tonight with alexis wichowski, who is the author of the information trade, how big tech conquerors, challenges rights and transforms the world. Can you hear me without the microphone . No. Okay. Can you hear me with the microphone . Also, know in the back. Yeah. Alexis wichowski is the deputy y cto of new york city where she runs basically the policy Experiment Lab trying to get the others to compete for who can devise the best programs to improve the social warfare of the citizens of new york. Shes an adjunct professor of the communications of Columbia University and spent a couple of decades studying the issues then as a member of the staff in the un mission, state department, and als
Also number alexis is deputy ceo of new york city where she runs basically a policy Experiment Lab trying to get vendors to compete for who can devise the best programs to improve social welfare of the citizens of new york. She is the adjunct professor of tech media and communications at Columbia University and she spent a couple decades studying these issues extremely intensively as a student and then as a member of the staff at the un mission. Of the state department, and also just thinking very deeply about them which is so clear from this book which i really admire. So quick round of applause for alexis. [applause] this book is about what you call met states, maybe you want to start by taking a minute and showing us what those are and why you felt like we needed a new category for them. Thank you for coming, its wonderful to see you here and i think the best way to describe what it is is to talk about how icame upon the idea to write this book in the first place. Back in 2015, ther