Stay updated with breaking news from Fargo goldman. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
We get answers and love, exciting and new its in the air this valentines day. But wall street is sweet on a couple of stocks. Nice. Will they be lasting romances or are investors flirting with disaster we are doing a like or not, or hot or not like a would you rather. Swipe. Left or right, whatever it might be we dont care. All that ahead but we start with some big breaking news on the biggest name in investing. Who else but Warren Buffett. The latest filing from Berkshire Hathaway showing outsize moves from omaha her here is the rundown to berkshire started new positions. Kroger getting a pop 18 million new share stake over the quarter. Biogen over the new stake. And berk shir bought the spy and the voop ber berkshire remember it it could be warren, todd combs, doesnt mean warren himself. Berk shir raised stakes in general motors, occidental petroleum. Resortation hardwa ....
Deal with china allowing the American Companies to stop building new factories there and averages to explode higher its working his tariffs forced our businesses to change their supply chains. They had to cut china out of the we need to know the deets before picture as fast as possible. We can finally start worrying last but not least, he has the and we cant really do this job until we start worrying. Possibility of capital at the moment we still dont constraints making it harder for Chinese Companies to raise money know much. Here in the u. S. Do you know what, its been a Relentless Assault and could be a suspension of maybe china would have been able to handle the trade war on its next weeks planned tariff own but they also had to deal with the seemingly endless increases. I dont know some mumbo jumbo about ....
Job. Thats a big if, frankly the fed should be cutting. I would say they should say at a minimum 100 basis points. Over a period of time. Not at one time but over a period of time well, im not talking about doing anything at this moment, but indexing is something that a lot of people have liked for a long time. And its something that would be very easy to do. A lot of people have been talking about indexing for many years. And its something that i am certainly thinking about i can say a majority of people they like indexing its something im thinking about. Payroll taxes ive been thinking about payroll taxes for a long time whether or not we do it now or not is its not being done because of recession were legitimately, if we had a cut in Interest Rates by the fed, if they would do their job properly and do a meaningful cut, because they raised toovz, you would see growth like youve never seen in this country if you go from the elec ....
Carry your credit card but it may make say ouch it is tuesday july 16th. Fbn am starts right now. Techno music to start your morning welcome to fbn am good morning im lauren simonetti. Were awake you probably are now as well good morning everyone im l cheryl casone. Markets are awake as well lets take a look at how your money is moving any gain on wall street today will be a record for all three major averages dow up 5 s p up one and three quarters nasdaq gaining seven. A big day for earnings season things are heating up, of course, the banks are going to be in focus, of course, goldmann and dominoes all going to be on tap. Three dow stocks reporting the yield on tenure treasury right now stangdz at 2. 0 . Continue to track oil contract earlier no movement with the iranians and as you can see a slight gain as well part of that, of course, is the gulf situation. 5964 thats a gain of 6 cent pps japanese market e reopen today nikkei gaining two tenths of one percent, and south korea the e ....
Good morning and welcome to squawk alley. With me at post 9, jon fortt and brian sullivan. Welcome. . Thanks. Great to have you. Joining us as well, henry blodget. Good morning to you as welp. Great to be here. Our top story of course is january net yellin and the fed unanimously approving the first rate hike of the year, the second in the last year. This is the major averages cut early losses and continue to close in on dow 20,000. Henry, not eve an rate hike can stall this rally, but the question is whether were just borrowing from 2015 gains that the point. That is the question. I certainly hope things continue to go up. Its changing the mood, suddenly people are optimistic again, its wonderful, but stepping back, the fed is raising rates. That is generally not good long term for stock prices. And as weve talked about a lot over the last few years, stocks are very expensive on a historical basis. The defense for that is rates are super low. Now rates are going up. So the combination ....