Concerns over production of the 737 max jet. And positive news on the housing front, as home builder confidence jumps to its highest level in two decades coming up next hour, former treasury secretary jack lew will join us to discuss trade and the economy. You do not want to miss that and with us for the whole first hour of theshow, dan nathan from risk reversal advisers. Dan, good afternoon. Thanks for joining us. Great to be here. More optimism on trade or whatever you want to put it down to is a lot of this news not already out there . Are you surprised to see ongoing rallies to new highs yet again at the end of the day, you like to see followthroughs. So friday, we had a muted react. A lot of investors expected some kind of surge, similar to what we had at the end of 2017 after the big tax cut. A lot of this was priced in. I think the continuation of last weeks rally into this week is obviously pretty establibullish. Also fairly seasonal as we are looking down the barrel of a week
Last. Its monday, december 2nd, 2019. Heres todays eye opener, your world in 90 seconds. Reporter millions of people trying to get back to work after the Holiday Weekend are going to be facing a big challenge. Reporter are you prepare order for all of this . No reporter deadly Winter Weather threatens millions. It is really crazy out here. Go on come on. It was all like compacted ice and chunky like driving down a dirt road. Reporter the federal Aviation Administration is investigating a plane crash in south dakota that left nine people dead. Reporter the white house declared tell not participate in the first impeachment hearings before the House Judiciary Committee this week. This is a complete American Waste of time right here. Reporter ten people were shot and wounded near the Popular French quarter in new orleans. We are actively investigating this right now, this very moment. Were recovering any witness footage. Reporter 21 dead in mexico. Miles away from the border with texas. Al
Monica [ voice breaking ] anybody who wants to support my mom, [bleep] go for it. Lemonis if i cant convince her to trust my process, Monica Potter home may be at risk of closing forever. Monica i just i cant do it. Lemonis sit tight for a second. Monica ii cant do any more. Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. You might recognize Monica Potter from nbcs longrunning series parenthood. But when shes not making movies or tv, shes making products like skincare, room sprays, and candles and selling them through her company, Monica Potter home. Monica the best part about the whole company is we are bringing jobs back home. Lemonis a cleveland native, monic
Lemonis if i cant convince her to trust my process, Monica Potter home may be at risk of closing forever. Monica i just i cant do it. Lemonis sit tight for a second. Monica ii cant do any more. Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. You might recognize Monica Potter from nbcs longrunning series parenthood. But when shes not making movies or tv, shes making products like skincare, room sprays, and candles and selling them through her company, Monica Potter home. Monica the best part about the whole company is we are bringing jobs back home. Lemonis a cleveland native, monica opened her first retail store in nearby garrettsville in 2014, employing her sis
Certain tariffs. Not just a trade deal, but actually removing some of the economi existing tariffs earnings continue to lead us higher just a bit. We have names like kroger and tapestry, the old coach beating expectations joining us for the entire hour is a man you know well, steven weiss from Short Hills Capital partners steven, good to see you down here at the New York Stock Exchange good to see you brian good to see us both heres the thing, earnings, trade, maybe just general positive market sentiment. One of those three or maybe something else, that has been the primary driver for what has been a nice little run we are up nine of the past eleven sessions on the s p 500 i think there are multiple drivers to the market. Trade being the most important and the most dominant. You can see the correlation. For those who say that trade is all in the market, thats clearly not true because when you get positive news coming out, the market ticks up when you get negative news, it goes down. So