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They are not valued relative to the Interest Rates. Whats happened in the markets has been very sensible nobody thought wed have these kinds of Interest Rates for a long time. Additionally you have the tax act which is a huge factor in valuation. All right so kevin oleary, theres buffet today on the Network Stocks arent too expensive, echos what tepper told me last week, what weve heard, from you know, gary cohn out of the white house and others are they right i think the most interesting aspect what have buffet said was youre getting 14 to 15 given back to you from the government to an American Company shareholders now, he was being specific to Domestic Companies that have all of the revenues here, by fi ....
Pieces power lunch starts right now welcome to power lunch. Stocks extending the weeks gains and could ends up with a positive month across the board. Health care the best performing sector and financials and telecom the biggest laggards refineries shut down for extended periods in texas in the wake of harvey gasoline continues to spike as well on that supply disruption campbells soup falling as earnings disappoint and costco in the green after reporting a 6 jump in sales and lands end sinking on an etf miss down nearly 8 . Lets get you caught up on the latest headlines texas officials reporting more than 37,000 homes sustained major damage and 7,000 destroyed by the storm u. S. Navy sending two trips to provide humanitarian aid outside of the houston area, the city of beaumont lost its water supply as a result theres 180 million in damage to public property across the gulf coast counties just so far. The Vice President saying mom ....
Homes, most of the apartment buildings are spray painted with an x on the wall or garage, meaning the city deemed it unsafe to occupy. We didnt get any warnings, so, they kind of just let the water out and, you know, this happened. So if they would have gave us a warning, close out the lease or something. Reporter neighbors began cleaning and salvaging what they could. But not all homes in the flooded area are red tagged. Lorraines apartment had a couple of inches of water, she will lose carpeting but that is about it. I stayed at a motel last night, just coming home right now. It was scary, very scary. Reporter back here with our live picture in the rock springs neighborhood, you can see a glafic demonstration of the graphic demonstration of the receding water, the water mid level, but the last couple hours the water has gone down by a couple of feet, but still a couple of feet deep here. The particular neighbors in this area will not be allowed to go home, perhaps for a couple of day ....
Unlikely to go ahead after a new regulatory hurdle. Constance goes to washington. Dimension mexican central with rnor will meet we will speak to the global head of em. Less than half an hour away of the european open. Take a look at what futures are doing. We are seeing gains across the board. Theftse and the cac strongest right now. I wanted to look at bonds. Twoyearyearold twoyear yield. Look at this, record low on the german twoyear yield. Today a little bit higher. Here you see another record reached for negative rates in germany. Let me pick on a couple of points. First point, the british pound is down. Bothvernight story affecting sterling. That is and is shooting barometer as well. But taken out a little bit as well. Back to the bond market. That was mentioning what is going on with the german front end of the curve. Upnce and germany tightening. As he can see, we are tightening up. Mr. Ct that is down hael has better pulling better pulling numbers. Lets get an update on what is ....
To better help overhaul the federal acquisition process and recognizing that this might take more than a year or two, would you submit to remaining on the those committees long enough to see the job through to completion . Ive served, acquisition reform is largely in the government reform committee. I served as chief counsel in the 90s after i work for congresswoman wilkes even though im not on that committee, we have on all these issues, you do not need to be on a particular committee to work for your constituents so ive had roundtables where ive brought leadership to various committees to talk about acquisition reform and we need working, not at the seat of government but the seed of technology and we have the experts here in our region to help us do that. We are sitting down with john woods several years ago and going through on insider, how we need to work through this more quickly. We also need to create that ecosystem where we have a big company and we need to have our startups a ....