Street. Im Carl Quintanilla with jim cramer david faber is off today we get strong retail sales for july up. 6, nearly twice the estimate europe is mixed. 10year note near iing 10. 10 no. And netflix on his strategy to beat the Competition First up, under armours brian plank and intels krzanich join Kevin Frazier in resigning from the Manufacturing Council not all of them worded exactly the same way. Thats the most important thing. Theres different constituencies mr. Frazier from merck was offended it wasnt immediately labeled as white supremacist, as opposed to extremism of all race and color. Not mentioning the president by name. And kevin plank took some heat for being on the council. His constituency is made up of not just people who are shareholders and work there but people who he hopes to be able to get to endorse. So they all come from different constituencyies. Like larry somers says, everybody should resign. It depends on your constituency. It is of no interest to the public
Anything that takes us away from the agenda, he had a response on saturday. Had a more expansive response on monday. I would have done a full stop right there. He didnt. What he is trying to drive home is that this is a culture of, at least a threat to our culture, a threat of violence a threat of hate and it is not just deposited, not just the property of one or two groups on the right. It foes across the spectrum to those on the far left. There is plenty of measurable tangible evidence prove it. His reentering the covers conversation yesterday got him off the game about talking about infrastructure and putting people back to work. Maria certainly has been more about that, as opposed to getting down to the work, erin. Will we see a tax reform package by years end . No hose. I think it is very unlikely. Only way that gets done becomes totally out of congress because it is clear the white house is not doing anything to put a tax reform package together. President trump at some point in
Valley and delaware. The fog will disappear, well get sunshine and look at the warmup. 90 for new jersey. Upper 80s in delg weaware and 9 philadelphia, too. Ill break it down hour by hour when im back in ten minutes. But first Jessica Boyington is watching fog on the cameras. Thats right. So a few problems, too. Lower makefield, a crash involving a mote cycle 95 north near route 332. Earlier all lanes were blocked. It looks like they have opened part of it back up, but you will see some slowdowns moving by the scene. Vine street expressway is closed in both directions between broad and the schuylkill expressway. Schuylkill dealing with construction booth directions from city line avenue to the blue route. Were seeing scattered lane reconstructions there. And watching fog, it looks like one of our cameras in millville, route 55 right around route 49. Back to you. I think there is blame on both sides. And i have no doubt about it and you dont have any doubt about it either. That is the c
Compaapacity stocks have with peoples savings. The nasdaq winning 23. 1 . Its astounding how stocks have lost their appeal to americans, at least according to a recent poll. According to bank rate, real estate and cash are the best investment these days. Adults were asked what would they do with their money if they didnt need it for ten years. 25 said they would buy real estate. 23 would put it in cash. Only 16 would put it in stocks, the same percent would put it in gold or Precious Metals. For those who have watched them go up and up over time, this is a horrendous finding. Boo but its not surprising. So often on squawk on the street, a major stock at 9 45 a. M. And it would trade in 15 minutes and see 200,000 shares. How do i know only . I managed in my hedge fund, and back then it wouldnt be unusual to put in a buy for 200,000. These days, my average trade might be as much as 100 of the buy in that stock. Thats right. Nobody else bought any except for me. Theres just not that much
A couple clouds in distance, beach goers keep in mind dry until late this afternoon as our storms start on east coast. Heating up a little. Were 81 in tampa 80 winter haven. Sarasota 81. Factor in humidity which is up there, it feels like upper 80s. But its dry. We have a many dry hours, but watch those tiny showers east of i 95. Thats the leading edge of our moisture were up our rain chance between 3 and akt clg to 50 percent in our coastal counties. A hotter i know its been busy on roads lets send it over to vanessa whos had been working hard and keeping us updated. Hows it going . Yeah, lindsay it looks a lot better once the video runs here. 75 by way is where were trying to get this stream to work. Northbound direction at i4. Let me see if i can give you back up map. Lanes are clear here as we showed you in last report near i4 and delays good news lot more manageable. Were still seeing moderate back around the 5 to 10 minute mark. Just extra time outdoor no need to take that work a