Julie julia whats interesting is we havent had very steady action today. At one point all three major averages were down, now they have bounced off the lows, but it is still the largest selloff since august, particularly for the s p 500. We have seen to down days two down days. Lets put this in context. Take a look at the bloomberg, this is a chart that we looked at on friday, when we saw a 1 gain in the s p 500, because that was unusual. Thee saw a 1 decline in s p, that would be only the fifth time in the past year that it had happened, it has become increasingly unusual in this extraordinarily low volatility high recordbreaking day environment to not have these kinds of big price swings. Another way to put it is there have now been 112 trading days that have gone by with without all three major averages falling simultaneously. The 10th longest streak, i should say, of that type we have had since the nasdaq was record created. The next longest streak was back in 1972. In other words,
To make a difference. Well speak to Indiana Attorney general in the room with the president. Plus super bowl of conservative politics of the annual conservative action political conference better known as cpac. It es underway. President trump will speak to the Conference Tomorrow morning amid a Heated National Debate how best to keep our kids safe in schools. What to expect from the president s speech. Cheryl back to these markets. Another roller coaster ride. There is more green than red when it comes to the dow 30. The dow closing up 163 points and change. 24,961. Interest rate fierce faded somewhat. Gerri willis on floor of new york stock exchange. Finance and Health Caring drag down s p and nasdaq but the dow looking pretty good today, gerri. We saw the dow doing pretty well indeed. Let me tell you why. The that 10year treasury yield hanging steady below the 4year high. 2. 92. People see it as signal of lower inflation. Possibility of fewer rate increases rather than more. Let me t
Years since our two countries became allies in world war i. Since 1918, our relationship has grown beyond just military alliance. Has allowed our states and citizens to collaborate across a range of our tos and increase despite time zones. I had the opportunity to visit australia in 2016. I saw firsthand the significant cultural and economic ties between our two countries. I speak for all of us, mr. Prime minister, when i say governors are ready to elevate the support and partnership and hear from you on how we can better our bilateral cooperation in the next 100 years of make ship. Mateship. I fellow governors, ladies and gentlemen, please join in giving Prime Minister turnbull a warm welcome. [applause] thank you. Thank you very much. Thank you very much, brian. Much vice chair governor steve bullock. Governors of the United States r straley and premieres and chief ministers our australian premieres and chief ministers, friends, distinguished guests, ladies and gentlemen, it is a gre
And now for the main event. Its my honor to welcome our first speaker and distinguished guest, the australian Prime Minister, malcolm turnbull. Mr. Prime minister, thank you for joining us today and providing an opportunity to continue a dialogue aboutpr howe can all work in partnership to grow our economies to gather. For those of you who do not know, the Prime Ministers address is especially timely. 2018 marks 100 years since our two countries became allies in world war i. Since 1918 our relationship has grown beyond just military alliance. Globalization has allowed our states and citizensob to vote collaborate across a range of initiatives and or trade those investments to increase, despite distance and time zones. I have perfect opportunity opportunity to visit australia in 2016. During this trip i saw firsthand a significant cultural and economic ties between our two countries. I speak for all of us, mr. Prime minister, when i say governors are ready to elevate this Important Part
It is fascinating. Berkshire hathaway has 116 billion in cash. Hes not sure what to do with it. He wants to make deals but everything is too expensive. Buffet also made 29 billion well, the company did with the tax cuts. Whats he going to do with that . Give it to shareholders . Dont know. Warren is not a big fan of tax cuts. And we expect to hear a little bit later. The Florida Shooting will be discussed arming trained teachers, limiting gun purchases to people 21 or older, and the apparent break down of Law Enforcement during the shooting rampage itself. All to be discussed. This is Varney Company monday, february the 26th, and we are about to begin. Stuart its wonderful to be back, you know . Liz welcome back. We missed you. Stuart i look well . Ashley rested. Liz yeah, you look good. Stuart what do you want . Ten bucks or 20 . Liz and charles, if youre watching, thank you very much indeed for picking up. Liz sure. Stuart during my week of absence. It will not be repeated. This is m