Far as a twitter war. We got those details. Weigh start off with a news alert, new details on what the smart money is buying. Hey, melissa, it seems like the smart money may have piled into snap during the quarter. This is based on the latest 13 sfilings. Third point added 2. 25 million shares while david pepper at appaloosa added 100,000 shares. Heres what he had to say about snap a few days after the ipo. Im not jumping through the hoops to buy the 2180. Should it go down closer to the original offer price, i would love to buy the stock there. Im a believer in the company. Its a valuation question to me. Wherein, to me, im in the nowhere land of valuation right here. We reached out to tepper and to see if they both own shares of snap and wolf completely dissolved his 1. 85 million shares he owned in apple during the quarter but added other tech names, co 4 quall koym and sales force and hewlett packard. Last quarter with the election of donald trump as president , those were more of
The 14 ton bell in the tower of the houses of Parliament Must stop ringing to ensure the safety of workers. Minutes. Himes every 15 it has wrung out largely uninterrupted for 157 years. News 24 hours a day powered by more than 2700 and. Nalyst in over 120 countries im mark crumpton, this is bloomberg. Live from bloomberg headquarters in new york, im julie hyman. Scarlet im scarlet fu. Joe im joe weisenthal. Any minutes from close of trading in the u. S. Julie shrugging off last weeks volatility. Joe the question is, whatd you miss . China hits a bit of a speed bump. Plus, Business Executives from tim cook to others react to the violence in charlottesville, virginia. Thisatest from the fallout weekend. Investors position themselves for the unthinkable. A default by the u. S. Government. President trumps unpredictability has the market preparing in case there is a debt limit impasse. Julie whatd you miss . President trump signed an executive memorandum that authorizes u. S. Trade represe
Still positive on stocks and short bonds. Tepper telling me of the markets, quote, any comparison to past overheated markets are ridiculous look at where multiples and rates were in 1999 im not saying stocks are screaming cheap, but youre nowhere near an overheated market, he said. Tepper calling his short of bonds a hedge, a trade that is not working now, but that hopefully will tepper citing strong Global Growth and low bond yields as two of the principle reasons he sees more opportunity ahead in stocks telling me, quote, because world growth will continue to be good, earnings will be better and stocks are relatively cheap to Interest Rates asked where rates would begin to become concerning for him, tepper telling me, if rates go up a lot, the market would have trouble with that, but 50 basis points is not going to make a difference, he said. I asked him about his portfolio, his 13f revealing yet that he continues to like tech tepper owning positions in names like alibaba, afl belpha
Supreme Court Process broken and it threatens to undermine americans confidence in the institution. Todays question is do you have confidence in the Supreme Court . Republicans can democrats can call pendence, those supporting thirdparty candidates can call you can reach us on social media, on twitter and on facebook at facebook. Com cspan. Good morning. Lets take a look at a little bit of what Clarence Thomas have to say wednesday speaking it a Heritage Foundation event, when he was asked what he says to people who have lost confidence in the Supreme Court. I dont think people are confident. I think it is something we earned. That you try to do your job in a way that they can have confidence in what you can do. You try to do the hard thing, but they should not be doing in a way that they can have. Onfidence, that you can trust perhaps, we should ask ourselves what we have done to not earn it or to earn it. I am not so sure i have the answers. Is youthe things i say try to live up to t
Wonderful, discussing all the ways they are perverting islam warhe way they are waging and taking advantage of our political failures in terms of how we are gaining territory. So this is not a clash of civilizations. Islams people perverting and taking advantage of political realities. So i just want to get from you you said this already and i want to go one step deeper specifichat are the tactics to sort of expose isil for the perversions they are doing . What are the best ways to go about that . Thank you, senator. I really believe in the common narrative. That is very important. When i started to do this less than a year ago, i realized there was no very articulate, clearcut counter narrative. How does islam deal with issues of plurality, citizenship . All of these things have been argued by 200 years but are unknown to the vast majority of muslims. The principles daesh claim as the bones of modernity have been dealt with already. It is based on the primary sources, which are import