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Transcripts For CNBC Power Lunch 20160413

Were getting the move. There is two primary ones. Better china trade data, particularly on the exports. Then bank earnings, jpmorgan, lets call it good enough. Thats my phrase. People were expecting downbeat commentary. We didnt get that. That helped move the financials and the overall markets. High cash positions forcing a lot of people into the markets, Short Covering going on. Look at the china trade data. The news on china has been relentlessly bearish for a year. Everybody said, oh, my heavens, maybe the news isnt so bad. Short covering rally and hang seng, up 3 . Japan up, france up, everything up 3 . Thats a nice move for all the global markets. It is spilling over into our markets as well as europe, china trade data, helping things like material stocks, all been strong, so youre steel stocks like midtall, bhp billiton, glen corp. , all those stocks up here. Banks in the u. S. , jpmorgan strong and all of the other stocks i ....

New York , United States , Ad Daw Ah , Puerto Rico , District Of Columbia , San Francisco , Saudi Arabia , Puerto Rican , David Wu , Shawn Duffy , Robert Frank , Elizabeth Helms , David Boyce , Serena Williams , Philip Morris , Kelly Evans , Rick Santelli , Elizabeth Holmes , Tim Seymour , Brad Mcmillan , Sebastian Diaz , Bernie Sanders , Lowell Mcadam , Joe Garagiola , Hampton Pearson , Jim Paulson ,

FOUNDATION CREDIT AND PROSPERITY ASSET MANAGEMENT ANNOUNCE STRATEGIC PARTNERSHIP

/PRNewswire/ Foundation Credit ("Foundation"), an established alternative asset manager dedicated to the multi-trillion-dollar municipal credit and. ....

United States , Hector Negroni , Deva Mishra , Foundation Credit Opportunities , Foundation Credit , Chief Executive Officer , Prosperity Asset Management ,

FOUNDATION CREDIT AND PROSPERITY ASSET MANAGEMENT ANNOUNCE STRATEGIC PARTNERSHIP

/PRNewswire/ Foundation Credit ("Foundation"), an established alternative asset manager dedicated to the multi-trillion-dollar municipal credit and. ....

United States , Hector Negroni , Deva Mishra , Foundation Credit Opportunities , Foundation Credit , Chief Executive Officer , Prosperity Asset Management ,