March. Last trading day of the month, a lot o data, more fed comments ahead of the jobs report on friday. At viacom the drama continues. The current board, well, its not going to go quietly vowing to dig in. And this is whats amazing, fight its Controlling Shareholders hold over the company. And a new name at the top, debt on the highest paid ceos and why the pay isnt moving the direction you may think. First up we head into the final trading session of may. The nasdaq leading the month more than 3 . If the gains hold this will be the fourth year stocks have major averages have gone positive for may. No selling and going away necessarily. Mike, your point this morning is stocks have been able to rally in an environment where a rate hike looked more and more likely. Exactly. Although its hard to say if the market is fully kind of digested that idea that were going june, july. But todays personal spending number kicks you in that direction again. Been a strain in the market for well over
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