Lets begin by taking a look at where we stand onwall street theres your picture all sectors but industrials are in the red right now, dow trying to claw back off the lows still down about 7b3 points the question now, josh brown, im sure everybody is thinking about this if not being asked it directly, im going to do it the same what now where do we go from here well, i think were in now the third at the last five days, were in third day of this mean reversion trade where the hardest hit sectors and the sectors that have the most gain on a successful roping of the economy are leading. Its really interesting to look at, for example, the fact there are 20 s p 500 stocks that are up more than 20 on the year only one of them is green from the day. Big outside day developing teledoc, i wouldnt want to be in that name right now youre seeing the semis getting turned away. Semis have been out stangding bt they got turned away hard. When you look at the rsp versus the spy. The s p having a bad da
Soybean and pork shipments that putses up 343 points on the dow. We are positive for the week as a whole now despite the declines earlier on this week joining us for the first hour, nathan from risk aver sal advisers so that point exact ly that wer up. 2 on s p, do you think the b jobs number justifies that given where we were monday, tuesday . I think its helpful when you think about the weak ism data and services this week that was a cause of concern. Especially if you did not have a lot of confidence that we were going to have the fear of increas increas increased tariffs taking off so this kind of mitigates that and here we are in familiar territory back at all time highs. Theres a lot of cross currents here what has happened to get us here you know, the fed has expanded the Balance Sheet by 300 300 billion, right and theyve lowered Interest Rates three times, 75 basis points in the last four months just to get us and keep us here. Were going to focus in on the big stories were wat
So already i want to please have your attention again. Welcome back. It is now time for session five and this session is entitled a historic tax cut campaign. This panel will be moderated by steve forbes. Mr. Forbes, chairman and editor in chief of forbes media, mr. Forbes campaigned vigorously the presidency in 1996 and 2000. Hes the author of several books, including most recently inflation what it is, why its bad and how to fix it. Forbes is a trustee of the coolidge foundation. Please join me in welcoming mr. Forbes and our. Thank you. Sir. Zara. Yes. Good. Thats on. Yes. Well, thank you for mentioning the book yesterday. Several of the Panel Participants made commercials for their books. You can find eight of mine on amazon. And so thatll help cover my train fare the next i come down here. If you buy it from me today, give you 2 off for cash. But it is. Theres a good fun to be here. Good morning. Thank all of you for participating. Thank cspan audiences as well for listening in on
So already i want to please have your attention again. Welcome back. It is now time for session five and this session is entitled a historic tax cut campaign. This panel will be moderated by steve forbes. Mr. Forbes, chairman and editor in chief of forbes media, mr. Forbes campaigned vigorously the presidency in 1996 and 2000. Hes the author of several books, including most recently inflation what it is, why its bad and how to fix it. Forbes is a trustee of the coolidge foundation. Please join me in welcoming mr. Forbes and our. Thank you. Sir. Zara. Yes. Good. Thats on. Yes. Well, thank you for mentioning the book yesterday. Several of the Panel Participants made commercials for their books. You can find eight of mine on amazon. And so thatll help cover my train fare the next i come down here. If you buy it from me today, give you 2 off for cash. But it is. Theres a good fun to be here. Good morning. Thank all of you for participating. Thank cspan audiences as well for listening in on
So already i want to please have your attention again. Welcome back. It is now time for session five and this session is entitled a historic tax cut campaign. This panel will be moderated by steve forbes. Mr. Forbes, chairman and editor in chief of forbes media, mr. Forbes campaigned vigorously the presidency in 1996 and 2000. Hes the author of several books, including most recently inflation what it is, why its bad and how to fix it. Forbes is a trustee of the coolidge foundation. Please join me in welcoming mr. Forbes and our. Thank you. Sir. Zara. Yes. Good. Thats on. Yes. Well, thank you for mentioning the book yesterday. Several of the Panel Participants made commercials for their books. You can find eight of mine on amazon. And so thatll help cover my train fare the next i come down here. If you buy it from me today, give you 2 off for cash. But it is. Theres a good fun to be here. Good morning. Thank all of you for participating. Thank cspan audiences as well for listening in on