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What will you do after 2021 im going to use my imagination. Im going to go to disneyland. It is wednesday, february 26, 2020 Worldwide Exchange begins right now. Good morning and welcome to the show, im dominic chu in for Brian Sullivan today wall street is waking up with a black eye after another down day for major averages, the dow is down over 6. 5 the worst performance since february 2018. You can see there a huge move. A much worse picture on a points basis. The dow has come off a twoday point loss the dow futures this morning were positive. A lot of green throughout the course of the session. Within the last hour, we took a huge leg lower to the down side. To point out, at the highs of the session and the lows, we have traversed 641 points. To give you an idea of that big swing weve seen the bond market a key focus. Record low levels now for the 30year long bond. Th ....
Twitter storm, we have it for you. The force is with amazon at least temporarily, a judge ruled microsoft and the pentagon must put the multimillion dollar je distribution contract on hold as legal battle rages on. Sweet success this morning, valentines day busiest day of the year, selling more than a million strawberries, the company ceo is here. Nicole phelp is here and take us on a trip to sesame street, mornings with maria is live right now. Maria some of the stories we are watching this morning retaining vigilant the new York City PoliceDepartment Warning of, quote, credible threat after last weeks assassination attempt, the Department Said that there are no specific threats at this time but stress that every station security post needed to be staffed around the clock, a surprising tribute from attorney gene ....
5 . Thats fantastic for the American People but its a mixed blessing for stock portfolio. Dow up 47 points. S p falling. 03 . Nasdaq advancing. 38 . We need to dell sboov the counterintuitive world where the good news is considered bad news for stocks because now the Federal Reserve will feel compelled to raise rates. For the moment, lets be grateful jobs are easier to come by and the American Worker is being compensated bet cher may be regarded short term as a negative for stocks but long term the economy can get off life support. Who are we to say that life support is better than organic growth for the u. S. Economy . Higher rates are always going to be worse for the economy and the stock market than lower rates. But a country with real job creation is one that can support itself and doesnt need the fed to keep prop ....
Term the economy can get off life support. Who are we to say that life support is better than organic growth for the u. S. Economy . Higher rates are always going to be worse for the economy and the stk market than lower rates. But a country with real job creation is one that can support itself and doesnt need the fed to keep propping things up. That real growth and not a sustainable, lasting and will be more lucrative. Phasis on ultimately, though, than wve had over the last few you have to believe me on this. This is what i study. It doesnt mean we wont he to make adjustments if we own individual stocks but it means a locomotive of Economic Development can pull up a lot of Companies Even if china or europe or latin america cant. Are we Strong Enough for a rate hike . Yes, as long as you understand that we mean som ....