Higher, nasdaq climbing. 33 , we keep hearing obituaries for this market will the alleged cause of death will something natural like old age or stocks went up too far too fast given the fundamentals . Will be slaughtered by the disappointment out of washington maybe just maybe the grim reapers being held at bay by a series of positive events closely tied to the nature of how companies are doing, hence the continued sense on both wall street and main street that theres value and then there are hills. Or at least values and then prices just look at broadcoms 105 billion hostile attempt to acquire qualcomm the thing about technology is skeptics dont understand how the industry has gotten so much bigger certainly the stocks are valuable with trading. The tie up with disney and fox, the story broke earlier today where disney will be buying the nonsport part just like broadcom trying to buy qualcomm, a disney fox deal make it so therell be less concentration on one product in this case espn.
Ahead taking into account that uncertainty about the economy will dictate future policy decisions. Janet yellen we are not behind the curve, my judgment is that we are in a good path to reaching our objectives but the outlook is uncertain. We recognize that there are many sources of uncertainty affecting the outlook and we will have to adjust our thinking as things youve all. As things evolve. Charlie welcome. What is the significance of this . The fed is a knowledge and the fed the the economy is doing better, unemployment down, a nineyear low, inflation is starting to rise, Something Else the fed wants to see which will encourage businesses to invest, maybe people have to give more raises and the fed is taking a step in the direction of normalization, what caught them offguard as every three months the fit looks at its forecast for growth and inflation and how many rate hike whitehead. Everyone expected a quarterpoint hike on this very special meeting but they did not expect the fed
Ahead taking into account that uncertainty about the economy will dictate future policy decisions. Janet yellen we are not behind the curve, my judgment is that we are in a good path to reaching our objectives but the outlook is uncertain. We recognize that there are many sources of uncertainty affecting the outlook and we will have to adjust our thinking as things youve all. As things evolve. Charlie welcome. What is the significance of this . The fed is a knowledge and the fed the the economy is doing better, unemployment down, a nineyear low, inflation is starting to rise, Something Else the fed wants to see which will encourage businesses to invest, maybe people have to give more raises and the fed is taking a step in the direction of normalization, what caught them offguard as every three months the fit looks at its forecast for growth and inflation and how many rate hike whitehead. Everyone expected a quarterpoint hike on this very special meeting but they did not expect the fed
Rex tillerson to be secretary of state. I think one of the challenges facing the next president is how do you thread the needle of stopping the downward spiral in u. S. Russian relations that is potentially quite dangerous, and at the same time push back against putins aggressiveness, bullying and general thuggery. And having somebody who understands where putin is coming from, who knows him and knows how he negotiates, how he deals with problems i think is a big asset as you try to make strategies. And we conclude with Michael Morell talking about russian hacking and what should be the response of the United States. What is new here in the last few days is not an official statement by the government but a series of leaks. And it looks from those leaks as if the Central Intelligence agency, the group of people that i used to run not only believe that the russians were interfering in the election but they were doing so with the intent to undermine secretary clinton and to help donald tr
Rex tillerson to be secretary of state. I think one of the challenges facing the next president is how do you thread the needle of stopping the downward spiral in u. S. Russian relations that is potentially quite dangerous, and at the same time push back against putins aggressiveness, bullying and general thuggery. And having somebody who understands where putin is coming from, who knows him and knows how he negotiates, how he deals with problems i think is a big asset as you try to make strategies. And we conclude with Michael Morell talking about russian hacking and what should be the response of the United States. What is new here in the last few days is not an official statement by the government but a series of leaks. And it looks from those leaks as if the Central Intelligence agency, the group of people that i used to run not only believe that the russians were interfering in the election but they were doing so with the intent to undermine secretary clinton and to help donald tr