Better sales, higher profits from our Great American companies are why this market sometimes feels like you can buck anything. Dow gaining and nasdaq advancing 6. 9 to a new all time high even as the price of oil plummeted and the president s tax plan seems like it could be a real stretch to get through congress. First let me reiterate what i said all along about the markets doing really well. Not about trump or the tax cuts or the fed or the overall economy. Im not saying washington is a sideshow, not when its all over the front pages every day. Its certainly not the main event when it comes to stocks. After listening to all the president s men talking about their one page plan to reform the tax code yesterday i was a tiny bit hopeful something could get done even as im generally skeptical of congresss ability to accomplish anything. Then if you listen to the incredible squawkbox show at capitol hill my tiny bit of hope vanished. Listening to the democrats and republicans, thinking th
About 74,000 jobs created. Dow instead declining just eight little points, s p rising. 23 . What an affront, right . Nasdaq climbing. 44 . The answer as i always try to tell you is the very notion of the market has become totally passe. We have whole groups of stocks that go higher on slow growth. Because Slower Growth means lower Interest Rates. And they were pushed down so hard today that, you know what, i can see Mortgage Rates thats right the posted Mortgage Rates actually dropping next week for you. That caused the utilities, the Real Estate Investment trust to soar. Seems like i should start my game plan with a simple admonition. Go house hunting this weekend. Im not kidding. So many of you have complained to me that you missed the bottom in Interest Rates. Right now youre getting a momentous and unexpected uturn, and that means a better rate. No wonder the other Home Builders including pulte went higher. This jobs number is a Home Builders dream come true. There are always some
Call me at 1800743cnbc. Dow instead declining just eight little points, s p rising. 23 . What an affront, right . Nasdaq climbing. 44 . The answer as i always try to tell you is the very notion of the market has become totally passe. We have whole groups of stocks that go higher on slow growth. Literally scads of them. Because Slower Growth means lower Interest Rates. And they were pushed down so hard today that, you know what, i can see Mortgage Rates thats right the posted Mortgage Rates actually dropping next week for you. That caused the utilities, the Real Estate Investment trust to soar. Seems like i should start my game plan with a simple admonition. Go house hunting this weekend. Im not kidding. So many of you have complained to me that you missed the bottom in Interest Rates. Right now youre getting a momentous and unexpected uturn, from the jobs number. And that means a better rate. No wonder the other Home Builders including pulte went higher. This jobs number is a Home Buil
Dow instead declining just eight little points, s p rising. 23 . What an affront, right . Nasdaq climbing. 44 . The answer as i always try to tell you is the very notion of the market has become totally passe. We have whole groups of stocks that go higher on slow growth. Because Slower Growth means lower Interest Rates. And they were pushed down so hard today that, you know what, i can see Mortgage Rates thats right the posted Mortgage Rates actually dropping next week for you. That caused the utilities, the Real Estate Investment trust to soar. Seems like i should start my game plan with a simple admonition. Go house hunting this weekend. Im not kidding. So many of you have complained to me that you missed the bottom in Interest Rates. Right now youre getting a momentous and unexpected uturn, and that means a better rate. No wonder the other Home Builders, including polte went higher. This jobs number is a Home Builders dream come true. There are always some stocks that weed in any bo
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