Growth incentives as mediocre First Quarter growth number gives a little more credence to the president s call for a major tax cut now. President trump warning a quote, major conflict is possible with north korea. The white house says all options are on the table. America is weighing in. The results of a new fox poll. The president is speaking to the nra this afternoon, the first president to do so since Ronald Reagan in 1983, telling the crowd the eightyear assault on the Second Amendment is over. Nras dana loesch among our guests this hour lauren lets go to the lori rothman at new york stock exchange. We have no audio from lori. In april all three stock market averages up at least 1 . Tech putting in amazing performance. Very strong corporate earnings. David that was helping dilute what we saw from the First Quarter gdp. David that was brilliant adlib, considering her mic went down. Terrific work. First quarter gdp number he released today shows exactly how much this economy needs a
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Magazines and business magazines in particular. It is an honor to have you with us today. Bringing manufacturing back to america, creating high wage jobs, was one of our Campaign Promises and themes. It resonated with everybody. It was really something what happened. States that hadnt been one in many years, they came to our fold. A lot of it had to do with jobs. And other reasons, but jobs. Im delivering on everything we have said. In fact, people are saying theyve never seen so much happen in 30 days presidency. Of a presidency. We delivered a lot. Say some ofbably the things we will be doing for the auto industry, we will do that for many industries. The United States have lost one third of our manufacturing jobs since nafta. That is an unbelievable number and statistic. 70,000 factories closed since china joined the wto. I used to give that statistic, you said that talk about it. I always thought it was a typo. I said, it has to be a typo. 70,000. Think of it. 70,000 factories. So
Despite flashing red lights and stop sign. One Police Official called a number of tickets issued a wakeup call. News 4 Richard Jordan is live from the roads. Tell us about this. Reporter hi, brasharbara. More School Bus Tickets handed out than any other part of the area. More than 1,000 tickets issued and the offenders could soon have to pay more. State lawmakers are considering increasing the penalties. These bright Yellow School buses are hard to miss but new numbers show hundreds are missing the point of the red stot sign that comes out when children are getting on and off the bus. Bill jacobs walks his daughters to school and says he sees it all the time. You know when the lights are on you shouldnt drive by. Simple as that. Reporter more than 1,500 citations issued in the region by the bus stop arm cameras. Montgomery has the highest number of cameras and highest number of tickets. 1,024 adding up to 129,000 in fines. In Prince Georges County only ten drivers caught passing illega
Number you get under six percent , so there is a mixed set of data. Speaking of numbers, we have more right here in the u. S. Economic data, at 7 00, we get the Weekly Mortgage application number. It is volatile but we mention it anyway. Then Housing Starts and Industrial Production and capacity utilization, that might read the highest since 2008. At 2 00 we have the fed beige book which will be released. Earnings before the bell bank of america at 7 00. I will be looking for those numbers. After the bell, ibm and google. Bolivia focused on google as well. Lets get a data check in stocks, bonds, currencies and commodities. Futures up nine. Gonear yield has really nowhere. Eurodollar, 1. 3838. Nymex crude, a big deal. American oil at 104. 65 and print crude at 110 exactly. You can see with the vix, 15. 61. Better equity market then the carnage last week. The ruble, i will get to that in a moment. Here on the bloomberg terminal is the russian yield, the 10year yield, and it is simply a p