Seems like mccarthy could take shots at people, and eisenhower did nothing about that. I ask you that question. Mmhm. The other one, it almost seems like reagan and eisenhowers elections overall, could have been eerily similar. Ill take a pass on the last one for a moment, not because its not an interesting question but because i have to think it through. They have gotten comparisons because of their age, their politics and the size of their victories. But the times were so different. Id have to think about that one. But in terms of what happens with the moment in milwaukee. One way of looking at this is that eisenhower deluded what could have been a strong statement of support for his mentor. In so doing, he could have made and taken the opportunity to position his presidency against such irresponsible statements. Even if they were true. Yes. Right . Like he doesnt do that. He either, he does one of two things for certain. He either amends the speech himself, or he allows his speechwr
How this all plays into the Federal Reserve. I like jims point there in Halftime Report which is if they dont move in september, were goi in december, were going to drive ourselves in sane. This is right in the sweet spot of the feds full employment number. Maybe that number is going to come down but right now theyre between 5 and 5. 2 . Over to the 173, thats the payroll number for august. Thats below the 220,000 that was forecast but several economists, many economists, point out august has been consistently revised higher. The most revised month of the past five years. You by 75,000. We also have positive revisions and a wage number that was a little bit higher than expectations. Some of the calls made expost after the number came out. Wells fargo, ubs, bank of tokyo, all affirming or saying they are in the september camp for Federal Reserve raising rates. With. September, there are good names over here in december. All these in the december camp. Quickly some of the arguments. Reas
Earlier. That has taken sam of the focus off europe frp the session. The analysts who we talk to and will give us their research can hardly keep up with the markets attention. For one second its focus nd on greece, then on oil. It just seems to have attention deficit disorder. The d. O. W. Keeps bumping up against, up against 17850. That was the high of the session of the day. Were at 847. Were three points off of that. We cant get above that number. Weve hit 2060 on the s p today and then bounced back again. Those are two number to watch. Another one to throw in the mix there is oil. Well talk about this in a second. If it holds above the 50 mark its going to be significant at least from a psychological point of view and a strong upward session for crude today. A big change in the chicago america tile exchange thats making electronic trading more than norm. The companys head, terry duffy will join us to talk about it. Twitter, this report is being considered crucial. Investors want to
Game when he departs and build on that . Its an unknowable thing. Thats the road map for democrats, to continue to lift the obama rising electrit, i dont know if you can see from here but im white and im a dude. You ought to be able to get some of us. Anna . Youre in the soon to be extinct. I can meet in a phone booth southern straight, white, catholic, male, gun owner, democrat. You should run in the primary. [ laughter ] on the primary issue, i, you know, from the white house looking and shaping up, i think we are headed to something that is similar to 2012 in that youre going to have a whole host of characters up there on those debate stages. I do think the rnc has tried to get some logic into the game. I struggle, i struggle with it. You know, try to put some restraint so that it doesnt look like, you know, its, you know, crazy parade day in school going on and so that we dont have debate after debate after debate where people are trying to make a name by, you know, saying some ver
Now. We have that on nightly Business Report for monday, october 13th. Good evening. Welcome. Columbus day was no holiday for stock investors. They sold off again and hard again. The usual stew of recent worries gets the blame slowing Global Growth, isis, ebola and now corporate earnings. They start flooding out in earnest beginning tomorrow. Todays selloff accelerated in the final hour with no discernible trigger, but as the major averages broke through some technical levels, investors pushed the indexes even lower. At the close the dow had tumbled another 223 points most of the slide coming in the last 45 minute. Nasdaq down 62, the s p 500 down by 31. Blue chip dow stocks now at a sixmonth low. Nasdaq and the s p 500 at fivemonth lows. Besides earnings season kicking into high gear, what else is causing all that turmoil in the markets . Bob pisani takes a look at three things investors are watching closely this week. We are entering the heart of earnings season. About 75 of the comp