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He turned the company around on his own, hes considered a great ceo, would he be a great secretary of state . Were going to discuss. Fast food executive andy puzder getting the nod for labor secretary, a fierce critic of bureaucratic rules and regulations and you heard him on this show criticizing minimum wage hikes for unintended consequences, causing employees to lose jobs instead of gain more money. I have a feeling liberals are not going to like this pick. All of it on the heels of two more big appointments. Wrestling and entertainment executive linda mcmahon, going to head the Small Business administration, she turned a small Regional Business into an entertainment empire, a Small Business success story. Certainly sounds like an sba win. General john kelly, the season commander knows it personally, he lost his so ....
And deferred stock. I am joined by laura. T does the stock surge banks really outperformed as a group, the s p 500 last year. What does this mean to the average banker . They are pretty happy today if they got a deferred stock bonus three years or five years ago. A lot more value. Years or five years ago, they were probably annoyed. Now it seems if they could hang in there, it is a pretty good deal. And a time you cannot get cash right away, you might be a little cranky. As one of our consultants said. Worth sat on it, it is 30 more. In Morgan Stanleys case, 60 more. Morgan stanley was up 60 . All of this came a little bit as a theme of the aftermath from the credit crisis, bankers are making too much and have high bonuses. The have to have skin in game. So these plants came into effect. Regulators were pushing banks to pay with stocks, they want bankers to have skin in the game and dial back risk taking. When you have more stock ....
I am guy johnson. And i am anna edwards. Jack lew has pressed the German Government to boost domestic demand. For more on what is on the agenda, we are joined by our international correspondent, who is in london today. The dates could not have been any worse. Lew is saying you have got to boost domestic demand on the day when we see import declines in germany. The figures were little bit better than expected. Lew is calling out germany, but not by name. Yesterday, with france, he said that countries need to spend more to stimulate growth or shortterm demand. You can talk about growth, right . The bigger issue is, do you have some sort of Financial Stability mechanism . Do you have a backstop . Listen to how he pressed his case for this. We think having backstops is very important. We would like to see more action taken. You have to look at where things were just 1. 5 ....
On private sector jobs growth from the adb, treasury stumbling, the ten year yield hitting 75 earlier, waiting with the fed minutes at 2 00 eastern. A lot of expectations, this is sending stocks lower today. What is your take on this . If you look at the big picture it reminds me of americas funniest videos, wobbling on a high school the fed took the training wheels off of. Bond market reacted accordingly with strength of the u. S. Economic conditions, the stock market, we have fear in the market is indicated by the vix, trading up today, but those numbers are positive and for the longterm investor you should be buying when stocks go on sale like they did today. Lori thank you so much. Dennis oil is also selling off after the weekly inventory report hit its lowest level in five weeks. What is up . The bottom line is despite the drawdown in crude oil supplies we got hit with a massive increase in gasoline supplies, refiners are running like crazy, taking the advantage of cheap crude, tu ....
So different from the pattern ago. It says aggressive discounts won over cust mers reporting a but so engrained in the company and has been very involved with quarterly loss and the stock moving on all of these numbers. The marketing part of the turnaround. Fourth quarter in a row of seven in other words the positioning. Hes kind of an old hand, a figure gains which is mind young guy. I know they were talking earlier blowing. You got to read the release. On squawk theres never been a called the uncarrier and talking about average revenue was not procession where there was a great ceo and followed by a down, it was people looking for 49. 8. Great ceo at ford. 50 million customers they have i like fields. Well talk to bill ford at and added more new customers than the rest of the industry 11, hear from mulally at 11 30, combined. Its amazing. There was an expectation when phil lebeau is on assignment in West Hartford tweeting not jus ....