Night to try to educate you if i didnt think it was not just theoretically possible but actually feasible for the vast majority of people to succeed at managing their own money. So if thats the case, then why is investing so darn difficult . How come so many People Struggle to make money in the stock market . How the heck can i believe it possible for you to beat the averages, the big benchmarks, when so many people and Fund Managers fail to do so . Simple. You can do it but you have to do it the right way. One of the biggest obstacles to successful investing is a lack of clarity about just what investing is supposed to mean. I have seen countless people try to follow the conventional wisdom about money management, only to have their investments wiped out because the conventional wisdom is wrong. And the worst part is those people had no idea they were making a mistake. They actually thought they were being responsible. In other words, to borrow a phrase from Cool Hand Luke what weve g
100 points off. Russian president Vladimir Putin not holding back in that exclusive interview that you saw here this morning on cnbc, telling a global audience that sanctions imposed against his nation for russias actions in ukraine will in his words boomerang on the United States. What threatened the energy markets. Well have a closer look and hear more of what mr. Putin said at that time. Maybe thats contributing to the Broader Market backdrop here. Also its the crown jewels sporting event of the memorial day weekend, the indianapolis 500 but its not just a car race, also big business. Do you know the minimum racers pay to participate in this event . Its 650 now, and it goes up from there so why does it cost so much . Well speak with the race president live in just a few minutes. It must be the Car Insurance. Can you imagine what the Car Insurance premiums must be going around that track . A great question. Please ask that. I have a good question now. The dow is up 57 points this hou
Got to tell you today is one of the biggest days of voting in the 2014 election cycles. Voters heading to the polls to choose candidates with the races. David shuster joins us. This is the supertuesday of the midterm congressional election, and the closelywatched action is on the republican side where the tea party is trying to drag the g. O. P. To the right and they are focussing on november electability. Kentucky Mitch Mcconnell faces a challenge from matthew bevan, a tea party candidate. Mcconnell poured more than 10 million in the race to counter that he has not done enough to stop president obama spending. And bevan false claims made during the campaign. Mcconnell expected to be the winner, facing alison brians, setting up a race, brians versus mcconnell. Georgia it features a tea party circular firing squad. Its crowded, nasty and conservative tea party is not expected in the top three. You need to finish in the top three. They are not expected to get in the top two. The lead can
Flol advice. Well get you taper ready. First to sue at the nyse. And Gary Comiskey and kenny have started the conversation. Theyll join nous a second. We start out with two Major Corporate titans two members of the dow and both stories from washington state. Boeing shares hitting an alltime high as it gets ready to make the first flight of the next generation of dreamliner. Ty mentioned we will bring that to you live. Microsoft announcing a huge stock buyback and boosting its dividend. John fortt is all over microsoft but well begin with phil lebeau live at boeings big event in washington. Hey sue. Ten to 15 minutes away from the dash 9 making its first flight here outside of boeings Assembly Plant in everette, washington. To bring you up to speed at what the 7879 is about, a larger version of the dreamliner. It carries about 40 more passengers. The first flight is scheduled to last about five hours. Theyre going to go out over the coast for a while and swing back over moses lake to th
Minutes away. My partner tyler is what im trying to say, and you are my tyler, but youre down and you are my sue. Sue, i cant remember a more eagerly anticipated, maybe more important fed decision than the one we face in about 58 minutes from now. Everybody wonders what the fed is going to do with those bond purchases. Probably no move on Interest Rates. Almost certainly none here. What will they do about the bond purchases. That is one reason why the basic barometers of the stock market are basically calm. A little bit lower. The dow down about 47 right now. The nasdaq off about 4 and the s p down about 3 points. Basically waiting, watching and wondering what the fed will do. But there is also another huge story that were following at this hour and that is the question of whether they will rise above down in washington and come together with respect to raising the debt ceiling and then that important continuing resolution to fund the government. There are a lot, eamon javers, politica