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Tracy these people are here because they care. Lemonis . The entire tumbleweed business will collapse. Do you know what fercockt means . My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. In 2012, Steve Weissmann took over tumbleweed tiny house company. Steve how are sales going . Lemonis . Now americas top manufacturer of mobile tiny homes. Tracy this is our roanoke model. Lemonis he had little experience building homes. Still, he managed to grow the company from five people working out of a garage to 70 people working out of a 20,000squarefoot facility. Tracy we have hundreds and hundreds of floor plans. Lemonis a ....
Today with the dow gaining 104 points jumping to another record along with transports. S p slid 0. 04 but the nasdaq, it plummeted 1. 2 . [ screaming and many of the big cat names were down much more. Days like this one show you why i find it so worrisome that stocks within the same sector often trade in tandem n unison we joust dont know which direction theyll head in so if your whole portfolio was invested in only fast growing tech stocks you got the Steve Buscemi treatment as it went into the wood chipper. If you were diversified and the cheap banks that invested in transports like the railroads or airlines you had a fabulous day. [ applause ] it was this the house of pain. The house of pleasure. Why not out ofwhere we have a chance for tax reform it didnt seem possible weeks ago so all of the Domestic Companies with high tax bills are likely to see taxes come down big ....
There moderate economic growt d and little to know in that environment, a company with good Growth Prospects that executes wealth, should produce a positive return. When we hear from the Federal Reserve, when were in exactly that sweet spot i just described, so that while the industrial and financial dow only gained two points, the nasdaq actually declined 2. 4 . The Federal Reserve needs to raise rates by a quarter of a percent as it continues to get out of its emergency footing because theres no longer an emergency. As someone who got in this business when rates were at 14 . Im not going to sweat the program at 1 and change only younger people do that. However, we have a gigantic Cottage Industry of second guessers who constantly critique the fed and find it ....
Councils desert him . Are the resignations we have seen so far the beginning or are the others going to stick with him . Not that he needs that much help on deregulation, but on a day when the dow inched up, and the nasdaq declined 0. 1 , these issues became front and center and stayed with us right into the president s bizarre Afternoon Press Conference that was slated to be on infrastructure, but he ended up talking tough about some of the r resignees. The executives may influence trump on business decisions, but theyre speaking to the choir. Its congress that needs counseling, not the president. Therefore, until i think there is any hope for tax reform this year, and i i dont think there is, i have to help you become a betterinvestor or a better client so i want to move and shift from politics and talk about fantasy football yeah, you heard me its fantasy football season and while you may think the skills oh of that ....
Alibaba came public in 2014. Snap, and it went off like a snap, without a hitch. Believe me, it could have been dreadful. It could have been like the facebook deal. Boo which caused tremendous concern about the entire underwriting process. It could have been like twitter, which was way too hot, too soon. It could have been like zinga or groupon, two deals that spiked as only a small amount of stock was offered, socalled sliver deals and then cost aftermarket buyers loads of money. Instead the snap deal went off pretty much like clockwork. Congratulations, New York Stock Exchange. Causing nary a hiccup for the rest of the market. Dow sinking 113 points. S p backsliding 0. 59 . Nasdaq declining 0. 73 . The stock of snap, the company that has pioneered social picture messaging opened up at 24, a pleasant, not too hot, not too cold, gold i locks like 7 premium to its 17 ipo price. It went smoothly and while you may regard the ....