Highs, alltime highs. When you allocate what is the trump related rally and whats not the trump related rally, you have to look at it as a percentage. I look at the move. If i look at what led today, health care led, materials led. When you look at 80 of that movement, if you take out 80 of that move, we trade down to the 200day moving average. Do you think thats going to happen . Not judging how this market is bought. I think were missing something. And ill say im missing something. This market is bought. Time and time again. In the face of what it should be sold. So i dont understand it. Last week they had every reason, and every time to sell it, and they didnt do it. Today it bounced technically off a round of a 50day moving average. I think people are flying blind. Ultimately theyre buying. I think the loss of leadership of the bank stocks is really troubling. I think the fact on the first down day last tuesday when the market was down 1. 2 or so. Over 105 days or Something Like th
Overall. You can see germanys dax regaining some of the losses, france is the only major indices in the red right now. The tenyear note yield very important, one of the reasons why the financials have performed so poorly and there is that yield, down just a bit, 2. 362, although this is right around where we were yesterday. As for oil, up and up rather nicely. And the latest s p case shiller home prices report, prices up 5. 9 in january compared to a yearni year ago, faster than the 5. 6 economists had been predicting. As for the road map, ford expected to announce significant new u. S. Manufacturing investments this morning. The automaker receiving high praise from the president. Plus futures are pointing to say flat open, the dow seeking to reverse course from the longest losing streak now since 2011, six years, and yum brand ceo reid will sit down exclusively with our own sarah eisen. Nobody elses. She is a road warrior. Lets deal with the bond issue up front, about an hour ago we g
Shareholders. Why is this the right plan today . Its the right plan because General Motors stock is confronting a very unusual dynamic. It trades below its multiple in the s p 500. The pe is less than six. They pay out a dividend yield, which is more than 4 . Which puts it among the highest and further, theyre only paying out about a quouquarter of thei earnings, so its very unusual for such a high yielding stock. Which leads us to think theres some investors that just want it for the dividends and dont care about the other 75 of the earnings. And theres other investors that care about the earnings, but not about the dividend b and so, when you buy gm stock, youre just kind of stuck with half that you like and half you dont. So our idea to pay the same money to the same people just do it in two different sets, that way everybody can have what they want. It doesnt change anything else, but when you do some Pretty Simple valuation analysis, if you actually implement ed this plan, which w
Says the era of paying big sums to the eu is coming to an end. Good morning, everyone. Its thursday. We got a lot going on today. Glad youre with us. We got a jam packed hour for you, culminating later on in the day with the interview that geoff c Geoff Cutmore has with Vladimir Putin. Markets are trading modestly higher. The ftse 100 up 0. 1 . Benefiting from the weakness of the pound in the triggers of the article 50. Xetra dax up 0. 21. Cac 40 higher to the tune of 0. 1 . A fairly quiet session. Lets look at some sectors driving us higher today. What were seeing is that oil and gas is leading, when it comes to the sectors, because were seeing another day of increases for the oil price. The third day in a row. Financial services, Construction Material doing better. On the down side, autos, real estate, and telecoms slightly underperforming. Lets get back to our top story. Theresa may is set for another battle in parliament, this time to push through her great repeal bill. A piece of
Noah. Trevor welcome to the daily show, thank you so much for tuning in, im trevor noah. My guest is a rapper and activist, you probably know him from residente, everybody, really excited for that. But lets begin tonights show with the world of thought. We are less than a week from baseballs opening day but President Trump will not be heading to the ballgame. The Washington Nationals said President Trump has declined an invitation to throw out the first pitch when they host the marlins. A little history lesson, William Howard taft threw out the sermon yal first pitch in d. C. For the senators on opening day back in 1910. Sparking a new custom that 13 future president s including george w. Bush and barack obama would par take in. Trevor oh no. Why isnt donald trump going to honor this classic president ial tradition . Its throwing a baseball, not releasing his tax returns. Come on, trump. So President Trump says he has a scheduling conflict. Thats why he says he cant do it. Im like yeah