Island. As you mentioned, neil, this is the worst one they have ever seen here. The future path it will take it a little bit to the east of turks and Caicos Islands that said, those islands in the bahamian chain got absolutely devastated by irma. I dont think its a direct hit there. After that this is about a strange of a dance as you ever see in the western atlantic ocean. See it all the time in the pacific. It is called the fuji effect, jamessed after a japanese meteorologist in the early 20s, that typhoons would dance around each other when they got close to each other. We have the dying jose off the eastern seaboard of the United States. That tries to pull maria northward up offshore well to the east of florida. However, when jose dies completely, a ridge of High Pressure may build back across the top. It is not out of the realm of possibility this comes back towards the United States, specifically towards the carolinas in six or seven days. That is the worry right now. But we can
Suite in chicago as well. Police the shooter planned to survive the latest incident. We know he did not. Hillary vaughn in las vegas with latest developments. Hey, hillary. Reporter neil, the police are getting a better idea how paddock prepared for this attack and if he had any other deadly plots in the works. We do now know, as you mentioned, paddock rent ad hotel room with birdseye view of one other major Music Festival in vegas called, life is beautiful. Chicago police are looking into report that paddock booked another room in Blackstone Hotel in chicago, with birdseye view of a Music Festival happening in august, lalapalooza. Were expecting a statement from mayor rahm emanuel. Sheriff lombardo says we do not know if they were dry runs on the deadly attack on sunday night but police have evidence that paddock planned to survive after he gunned down hundreds of innocent people on Festival Grounds behind me. They are trying to figure out if he could have been planning more attacks.
Path and what it could mean for the people of houston, the home of the biggest refineries in this country power lunch starts right now welcome to power lunch. Im courtney reagan, as tyler mentioned retail flying high but stocks trading in the narrow range. Fed chair yellen and top central bankers meeting in jackson hole. Well head there live. Hormel foods missing earnings estimates and cutting its outlook. J. M. Smuker tanking on its earnings miss. Thanks koscourtney the president taking another swing at Republican Leaders on twitter, including paul ryan for failing to get things done how does paul ryan feel about the president ial jabs. Ylan is getting ready for her one on one with the House Speaker. Reporter paul ryan keeps trying to talk taxes but the president has other ideas in those tweets he was blaming both paul ryan and Mitch Mcconnell for making a mess of this debt ceiling fight. Paul ryan just wrapped an employee town hall here today at boeing, speaking with employees as wel
Stocks selling off today after two Straight Days of gains. The dow is off the lows of the session, but we can see there it is down by 154 points. So by triple digits with this volatility translating into a good year for active managers. According to funds track, 52 of large cap managers and 73 of value managers are beating their benchmarks in the Second Quarter. Joining us now, bill nichols, head of u. S. Equity trading at cantor fitzgerald. It really hasnt been the greatest environment for active managers until now. Right, robert . Yeah absolutely mandy. I think thats putting it mildly. Right . For the last six years since the bottoming out of the s p in 2009 active management has gotten trounced. I think thats indicative of the environments. Everything across the board was cheap at that point so trying to pick a handful of stocks or 40 or 50 stocks was really a losing proposition. But today when you look at fair valuations across the board, i think now is the time over the next three
Stocks selling off today after two Straight Days of gains. The dow is off the lows of the session, but we can see there it is down by 154 points. So by triple digits with this volatility translating into a good year for active managers. According to funds track, 52 of large cap managers and 73 of value managers are beating their benchmarks in the Second Quarter. Joining us now, bill nichols, head of u. S. Equity trading at cantor fitzgerald. It really hasnt been the greatest environment for active managers until now. Right, robert . Yeah absolutely mandy. I think thats putting it mildly. Right . For the last six years since the bottoming out of the s p in 2009 active management has gotten trounced. I think thats indicative of the environments. Everything across the board was cheap at that point so trying to pick a handful of stocks or 40 or 50 stocks was really a losing proposition. But today when you look at fair valuations across the board, i think now is the time over the next three