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Thanks so much for being here. Take me out to that ball game. Today, 4 00, the indians have game two against the blue jays. Theyre already preparing, and probably cleaning up all of the confetti and whatever else. Property yesterdays celebration. A couple of beer cups, maybe, maybe. The hot dog wrappers, maybe. Start this morning. We didnt have that option. We had a lot of coffee this morning. I live downtown, and i heard the fireworks go off, and i was, like, we got a home run turned the tv on really quick and was, like, oh, two and turned the tv off. Woke up this morning, and it was like, all right, all right, we won so excited. Its always great to see the highlights, too, so we have second. But first, the weather. A cool start this morning. Temperatures upper dispose low to mid40s outside. Upper 30s, lowtomid 40s outside. Were nice and dry, so that morning run . Yeah, go for it. A cool start this morning, but if you have tickets and youre headed to the ballpark later today, looking ....
Thanks so much for being here. Take me out to that ball game. Today, 4 00, the indians have game two against the blue jays. Theyre already preparing, and probably cleaning up all of the confetti and whatever else. Property yesterdays celebration. A couple of beer cups, maybe, maybe. The hot dog wrappers, maybe. Start this morning. We didnt have that option. We had a lot of coffee this morning. I live downtown, and i heard the fireworks go off, and i was, like, we got a home run turned the tv on really quick and was, like, oh, two and turned the tv off. Woke up this morning, and it was like, all right, all right, we won so excited. Its always great to see the highlights, too, so we have second. But first, the weather. A cool start this morning. Temperatures upper dispose low to mid40s outside. Upper 30s, lowtomid 40s outside. Were nice and dry, so that morning run . Yeah, go for it. A cool start this morning, but if you have tickets and youre headed to the ballpark later today, looking ....
Our investors are throwing the baby out with the bathwater. We were asking about under armor earlier too. More on that is coming up. The socalled fang stocks, those that yuld used to be the hottest in the tech sector. Two have been losing their bite lately. Well look at whats behind the decline of their names and wherever they can recover. And well talk about the future of cable and well speak exclusively with the president of Cox Communications coming up. Meantime one of the stories that set the stage for this morning, we had home depot dropping despite an earnings beat. Courtney reagan here to make sense of it all. Hi, there. Bill. Home depot again posting Quarterly ResultsStrong Enough to beat analysts expectations for profit and revenue and its most important quarter of the spring. And for extra positivity, it ....
That we saw yesterday, increasing concerns about whether or not the fed is going to raise rates in june. Does the fed threat then rally . I dont think. So im not going to speculate on when theyre going to raise rates. The bottom line is you know theyre going to raise rates. It could be june or september, next year. What the real important question is what are you doing in the fixed income market if the feds raise rates you . Know theyre going to go up. Its just a matter of time. And i get very, very concerned about the 3. 5 trillion that is sitting in fixed income mutual funds as i look forward into a higher rate environment. They could be potentially at risk. Talk to me about stocks. Do you do anything differently with your stock portfolio . No, not at all. If you look at the market, i think the market is in great shape here. Reminds me of 1982 to 2000 market where it was up each and every year. Except for 1990 when down. 5 . One thing that you have to look at this market is theres no ....
Is through the Summer Enterprise driven or consumer driven . What are your thought sms well, i dont know. Carl, i have no idea what the stokck market doing and why it does it. But in this case the tech did better in sectors even after issues with wall street of the earnings of a number of the tech giants. They beat up on them too much after the earnings came out, and now now it is a return. Apple is a good example, and it was badly hit because of to last earnings announcements, and people are reconsidering it and another thing is that Warren Buffett bought into apple, and that is always a sign that like people overreacted, and he is a savvy investor and people thought twice about it and apple is a leader in that way, and many of them, they follow. Facebook is doing great. I think they turned in a terrific quarter, and again, it caused the people to look at all of the secto ....