Stay updated with breaking news from Jpmorgan tesla. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
u.s. market, especially the nonblue chips will work its way higher perhaps by 20% to 30% in the next year or more likely over two years with the rest of the world including emerging market equities covering even more ground in at least a partial catchup. but then he continues, we will have a series of of serious market busts since 1999 and presumably greenspan, bernanke, yellen, et al. will help happy. and we the people, of course, will get what we deserve. dow futures down by 11 points. s&p futures off by 2.25 points. it is worth pointing out that we have seen a super strong run since october 9th. we re going to continue to talk about the markets throughout the morning. but first, we heard to some of the morning s top corporate stories. thanks, beck. i wish we could get someone to look at his recent comments. i cannot remember in recent years him predicting we would get this far. he s always been pretty concerned, so i don t know. i don t know how to read that. we ....
as well and europe moderately in the red as asia does retreat from the big gains yesterday. we have hit dow 16,000 and s&p 1,800. but then those comments from carl icahn yesterday spoiled the party a bit. there could be an announcement this morning involving that $13 billion settlement between the department of justice and jpmorgan chase. if and when, we ll fill you in. more problems for tesla as the automaker is the subject of a formal government probe involving fires in the model s. the dow hit 16,000, the s&p 1,800 yesterday. both closed below those levels after carl icahn expressed concerns about current valuations, saying that stocks, in his words, could face a big drop. jim, the story for retail in the fourth quarter is going to be price competition and margin pressure? i think companies mentioning price competition, best buy, contrast urban outfitters last night, contrast that with home depot and dick s where they re not talking about that. i was talking ....