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The economy. We keep edging closer to 3 on the tenyear treasury. 386 as of now. Consider this. More Big Companies are giving bonuses. Uhaul is the latest giving 1,200. Thats stimulus. Paychecks going up. Thats stimulus. Government spending going up. And infrastructure package evolving big spending that looks more and more likely. So what happens to Interest Rates . If they go up sharply, expect a reaction on the stock market. Today, the freeranging immigration debate begins. Well see the infrastructure plan. And just wait until you see how the media fawned over north koreas propaganda chief. And now watch this. The new look Varney Company is about to begin. Stuart i do declare we like it. Look at that. The new look debuts today. I see heavy use of gold. Ashley yes. My only concern is theyve blown the budget for the year, ....
Related charge but excluding items earnings still beat the street cisco looks to s s to repatria billion in overseas assets ubers ceo plans to expand the Ride Hailing Service beyond cars he says uber is to cars what amazon is to book stores he believes uber could be a marketplace for other forms of transportation, including public buses and bike sharing programs. I was with him in davos, he was sharing this idea that you would take an uber to a train, and then get off the train an then get on a plane an then get on the plane, get in a car, he would do the whole thing thats the idea. Uber eats, the leasing program, were those side shows to this idea that could you plug into the new york city mta Public Transportation system so if youre in an outer borough, the uber gets you, brings you to the subway, the subway takes you, you get off, maybe theres an uber pool tha ....
Obamacare repeal yesterday. A very strong jobs number, with unemployment at an 11year low. But the market meanders during the day. It just wasnt the huge upday that i think you could have expected given all that good news, bought rights now were caught between those that think the economy isnt all that strong, as demonstrated by the weakness in the commodity complex versus retail sales. What could tip things in favor of the bulls . If the white house and congress can come together on some kind of tax reform, this market would roar if they would pass what our president describes as the biggest tax cut in history. Although have you noticed he tends to you hyperbole . However the markets clearly skeptical of washingtons ability to get things done, because otherwise the averages would have soared instead or just bide their time and go up at the end of the day. Were still in earnings season, which is now back to its garden hose status, instead of the fire hose numbers we have gotten used to ....
Liz Shuler discussed the rise of female labor leaders, weighed in on whether politicians should get involved in Hollywood's labor dispute and urged studios and streamers to “come to your senses. ....