Democrats, it has reached a truly gross level. Watch. The president has taken action that is unconstitutional. The president is in violation of the war powers act. He is truly taking us right to the edge of war. It was a reckless decision that increased the risk to americans all around the world. This was very clearly an act of war by this president without any kind of authorization or declaration of war. Trish okay. Okay, lets not forget what has actually transpired here. We took out a terrorist who killed hundreds of americans and was threatening our u. S. Embassy personnel in baghdad and making threats to additional personnel, u. S. Personnel throughout the region. And heres a quick refresher for anyone who doubts whether or not we have shown iran the benefit of the doubt. We certainly have. Iran violated the terms of its lousy agreement with president obama. Thats on them. President trump tore it up. Iran responded with attacks on oil fields and by shooting down a u. S. Drone. We s
Which is a good thing for all parties concerned, and a very good thing for the world. As we continue to evaluate options and in response to iranian aggression, the United States will immediately impose additional punishing economic sanctions on the Iranian Regime. Neil we have not heard a response as yet from the Iranian Regime in response to the president s remarks. Earlier this morning the response to the attacks that were leveled at this american facility in iraq was that there would be more to come. We go to the cow guy, scott shellady, on the impact of all of that. How do you think this is sorting out thus far . Always risky to come to any conclusions before we know what happened, but what do you think . There still could be, well probably still have some scares. Who is kidding who. I was up every two hours last night checking markets to try to build a picture for myself coming in today. This is dramatic turn around from last night at 10 00 a. M. Central. Its a pressure cooker. We
Democrats, it has reached a truly gross level. Watch. The president has taken action that is unconstitutional. The president is in violation of the war powers act. He is truly taking us right to the edge of war. It was a reckless decision that increased the risk to americans all around the world. This was very clearly an act of war by this president without any kind of authorization or declaration of war. Trish okay. Okay, lets not forget what has actually transpired here. We took out a terrorist who killed hundreds of americans and was threatening our u. S. Embassy personnel in baghdad and making threats to additional personnel, u. S. Personnel throughout the region. And heres a quick refresher for anyone who doubts whether or not we have shown iran the benefit of the doubt. We certainly have. Iran violated the terms of its lousy agreement with president obama. Thats on them. President trump tore it up. Iran responded with attacks on oil fields and by shooting down a u. S. Drone. We s
Ive been saying this openly. And they have lowered too slow. He took 25. Some people were hoping for 50. He did 25. Im not thrilled with the fed, despite that we have an incredible economy and no inflation. Chairman powells job is safe . Yeah it is safe. Sure, why not . You paused . I dont pause. He has a job, im disappointed in it. Im very disappointed in him. Neil the job is safe because the president cant fire him. Once appointed unless serious malfeasance or crime he is there, he is there for another couple years. Of course the president is free not to reappoint him. That is assuming the president is still in office to decide that. Former Treasury Department economist under president bush 43 David Beckworth with us. Obviously he is not satisfied with the quarterpoint move. He wanted more. We got data today to indicate maybe the fed was wise to make the quarter point and add to that the caveat it is watching other developments. What do you think of the data and confluence and . We s
Manufacturing was steady with 8,000 jobs added there. Adp numbers coming out at a time where some people are worried about recession. It Shows Confidence businesses continue to higher despite those recession fears. It was the best month for private sector hiring since april. It is interesting, because yesterdays ism manufacturing number was a little weak. It showed some contraction. People were worried about that. This counters it a little bit. I want to look at Mortgage Rates as well. According to freddie mac the fixedrate for a 30 year down to 3. 49 . That is the lowest level in almost three years. What this is telling us, refinancing activity that weve seen will probably continue and low Mortgage Rates like this should stimulate the housing markets. Take a look at the top three dow component today. Intel, caterpillar, 3m, showing some significant strength there. So its a broadbased rally but you have got technology and industrials leading the way. Tomorrow of course, weve got nonfar