This after a day of trading that saw s p 500 hit another alltime high, second straight day of record. Meantime investors are cautiously awaiting upcoming earning season with 80 of s p 500 Companies Reportedly cutting earnings forecast. Joining me research chief macro strategist lenor hawkins, what is driving the market to plus side if you watch the bond market, 10year yield falling and closing below 2 yesterday and then you this percentage of s p 500 Companies Cutting their earnings forecast . This is really all about the fed in the hope that easy money will keep prices going up because this has nothing to do with fundamentals, if you look at what happened at first half of the year, s p 500 rose 17 , the strongest first half of the year since 1997 but if we look at earnings, if we look at whats going on with the fundamentals, earnings declined 4. 4 for the s p 500 for the First Quarter and expect today decline negative 2. 3 in second quarter, you have prices going up while the actual r
Party with each party limited to one hour and each member other than the majority and minority leaders and the minority whip limited to five event shall no debate continue beyond 11 50 a. M. The chair recognizes the gentlewoman from texas, ms. Jackson lee, for five minutes. I thank the e speaker. Of e are so many acts success of our government that many of us knows the greatest nation in the world. Through the years weve had great leaders who have recognized that government can work on behalf of the American People. Today we commemorate the 50th year of the war on poverty, and i thank my good friend, congresswoman barbara lee, who will be holding a commemoration in recognition of Lyndon Baines johnson, the president who declared the war on poverty, but also the many workers and many president s since who in many aspects helped to build on the nations safety net. Oday, however, we find ourselves in a dilemma, not recognizing and accepting success where it is. Poverty has fallen signific
Gallup puts the president rating at 38 , and the Washington Post, abc news poll finds 36 of americans approve of the job trump is doing. 58 disapprove. Now 48 saying they disapprove strongly, a level never reached by former president s bill clinton and barack obama, and reached only in the second term of george w. Bush in this poll. The partisan breakdown of the Washington Post poll shows 82 of republicans approve, down just slightly from april, while the president dropped six points to 32 among independents and is at just 11 with democrats. New nbc news wall street journal poll of counties of his victory and of the ones he flipped from obama in 2010 12 his approval rests at 44 and health care the Washington Post abc poll shows half of all americans prefer the Current Health care law, about onequarter want the republican option being pushed right now. 17 would prefer Something Else all together. Joe . Yeah, bob costa, let me bring you in there. So much to unpack. I want to get to healt