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Reopening. What is it like to go out to dinner well let you know. A buffett solomon breakup. Well focus on another berkshire breakup making waves ahead of the open. Tsa temperature checks and massive lines out of the industryway . Some of the ideas being floated with more than a dozen out there to get the American Economy and airports going again it is monday, may 18th and youre watching Worldwide Exchange right here on cnbc good monday morning, good afternoon or good evening and welcome from wherever in the world you may be watching us thank you for starting off your monday on cnbc im Brian Sullivan we have a fair amount of green on the screen and a little optimism to start your week. We can all use some of that. Certainly we can and the markets are reflecting it. Many countries are starting to reopen and there ar ....
Im Brian Sullivan its going to be a very busy day for the markets and your money the market still digesting and reacting to the news that President Trump will slap another 10 tariff on the remaining 300 billion in chinamade goods not already subject to taxes that goes into effect september 1st. Its also the first friday of the month, that means its the monthly jobs report day, which, if its very weak, could press the fed to maybe cut rates again in september thats if that number comes in soft the dow losing 280 points yesterday. It looks like we could lose more dow futures are down just under 100 points we walked in the door about an hour ago, they were down about 50 we are losing steam. Its still early anything can change. Do keep in mind context is key the s p 500 is still up 17 this year. The nasdaq 100 still up 23 . So the markets have absorbed this fairly well, but the ....
criminal charges against trump. that is how you think when you are in a cult. that is how you think when you re in a cult. well put. you know, we hear about situational ethics, in the case of republicans, it s situational patriotism. they love the justice department when their opponents are being prosecuted. they love american democracy when their when their candidates win. but if they lose elections, suddenly, they hate american democracy and they think it s corrupt. if donald trump is convicted of crimes, of felonies 34 times, suddenly they hate the justice system. but if it goes the other way for them, situationally, it s okay. such hypocrisy. so is it biden s justice department being weaponized by biden or is it not? yeah. this lays bare everything we ve been saying on this show for many, many years now about the hypocrisy. i mean, when you look at the disappointment, frankly, for many republicans about the outcome of this trial, they wanted to be able t ....
Impacts on housing the states where it may be time to put up the for sale sign. Power lunch starts now im Brian Sullivan a great year for investments keeps Getting Better if you just owned the s p 500 this year, you made more than 25 . If you owned bitcoin to start the year, you made a lot more. Bitcoin up 1664 , but thats nothing. Ethereum, a bitcoin competitor, up more than 7 600 this year. Light coin up 88 today. Mattel is taking a hit, two weeks before christmas the toymaker warning about its holiday quarter. Disney and 21st century fox higher an announcement on their deal could come thursday. Tesla higher as well getting its biggest preorder yet for its latest semiautonomous truck. Pepsi ordering 100 of them all those people could not be wrong on the cryptocurrencies, could there . Wait, theres not that many of them who said shopping malls in america are dead europes big ....