The whole epstein matter what happened . Hes been going on for a long time, been going on for a long time, the whole epstein episode, and i know its under investigation but attorney general barr thats who will be handling it the retweet which is what it was, its a retweet, was from somebody thats a very respected conservative pundit, so i think that was fine, yeah. [ inaudible question ]. No, basically what were saying is we want an investigation. I want a full investigation, and thats what i absolutely am demanding. Thats what our attorney general, our great attorney general is doing hes doing a full investigation. [ inaudible question ]. The hong kong thing is very tough situation, very tough. Well see what happens, but im sure it will work out. I hope it works out for everybody, including china, by the way. I hope it works out for everybody. [ inaudible question ]. No. Its a very tricky situation i think it will work out, and i hope it works out for liberty. I hope it works out for
Welcome to you you and i were chatting about the new space spot that were going to talk about. How is that indicative to risk in this market. You have a spak, which people doing it as long as i have they know the history but its essentially a blank check to merge with a company thats going to take people to space. What does that have to do with the fed it has to do with the risk mentality of people out there. If the fed is going to drive rates down to the negative, people are going to go out and try to find Investment Opportunities and i think this is the perfect metaphor what we saw in the markets the facts were talking about stocks like chewy shows the mentality here of how people are thinking. Lots to discuss over the next hour welcome back. Great to be back. Wouldnt miss a pepsi earning day. Mike doesnt hear its an important company. The word he used is improper hp his words not mine Morgan Brennan has galactics plan to go public. Susan has details on a trade rift between President
Dow, it will be an eight straight month of gains for the dow and s p 500. Strugglest for the Technology Sector once again. Lets look at what happened overnight in asia. You will see that the nikkei ended up by close to 0. 6 points. Stocks in china under pressure the hang seng down by 1. 5 points the shanghai down by 0. 6 . In europe, in the early trading, it looks like there are green arrows across the board. Biggest gains from the major averages come out of germany where the dax is up almost by 0 0. 8, the ftse up by a quarter percentage points. Right now looking at crude oil prices opec and nonopec producers, ie russia, are expected to announce an extension of output cuts until 2018 a lot of concerns about that, whether there will be Sticking Points along the way thats why crude oil was under pressure yesterday things have picked up this morning with a gain of 1 for wti. Up 53 cents to 57. 82 well get a live report from the meeting of opec in vienna. Thats coming up at 6 30 a. M. Eas
Welcome everybody scary situation there. The dow the s p and the nasdaq hitting new highs. If we close at another record high today it would be the 70th record close this year breaking the 1995 record for the most closing highs in any year. With the gains the dow is up more than 5,000 points this year that is obviously never happened check out the individual movers. Etf on pace for its best day since december 4th abercrombie leading the way. Best buy trading at an all time home and dr horton and berkshire hathaway, 300,000 a share and now 23 this year topping the s p 500. Wow. Lets get straight to the rally. On the floor of the nyfc. Big enthusiasm. You might have thought the tax bill was priced in but apparently not as he mentioned consumer earnings today are leading. Both benefiting from the tax bill a fairly broad rally the only thing not big is the volume more like Charlie Brown Christmas Tree size. Modest yet still shining bright. Take a look at the all time highs. 58 on the s p 5
Landrys, first owner of the houston rockets. One of the most exciting teams in thes in nba coanchoring along with melissa and me power lunch starts right now meantime, get a check on the markets at this hour stocks are mixed after a positive start with only the dow holding steadily in positive territory. The s p and nasdaq, really hovering near the break even as we sort of are saunter towards the ent of this trading year and visa, winners. Lagging ge hitting its lowest level in six years hotels and booze getting a bid hilton, marriott, wyndham, brown foreman, Constellation Brands hitting alltime highs netflix leading the nasdaq and s p 500 and agency could weathe spreads across the country, natural gas, you might expect, soaring today. We mentioned in the open a billion dollar buyer is here, Tillman Fertitta were talk taxes, restaurant business, houston rockets, Gaming Business and a lot more with him welcome. Good to have you. Good to be here. We begin in washington where everyone is