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Been particularly outspoken about President Trumps travel ban. That ban now before the ninth circuit court, out in california. Arguments being heard later today. What is your expectation for what will come of that . First of all, thank you for having me back. All love washington journal. My expectation is like with anything that involves the courts, no prediction is can be guaranteed. The courts tend to throw a curveball. But i will say is that while most of the arguments in the Public Domain have had to do with the constitutionality of it, the morality of it, the fact that it does violate the spirit of our country, there has been precious little talk about the fact that, oh, by the way, this does absolutely nothing to make us safer. If you look at the september 11th attackers, if you look at the tsarnaev brothers in boston, san bernardino, none of the terrorists would have b ....
Be in chippewa, clark and adams counties to determine whether the counties qualify for federal aid. The flooding would have had to cause at least eight Million Dollars in damage to qualify for fema federal disaster aid. This morning was partly cloudy with lows near 60, and clouds have been increasing with a chance for a few showers into the early afternoon the sky will clear with highs in the mid 70s, some humidity, and increase tonight with a chance for isolated showers after a hearing has been scheduled in federal court to consider a motion calling for suspeension of the states voter id law. This comes less than four weeks before the election. The hearing is scheduled for october 12th in madison. The motion was filed yesterday by the liberal Advocacy Group one wisconsin institute. The group argues the state has not complied with a judges ruling to ensure that voters missin ....
With showers throughout the day, and highs in the mid to upper 50s. Most of us got 0. 25 to 0. 75 of rain by evening, with the heaviest rain south of milwaukee. The sky cleared out overnight with lows dropping into the mid 40s, but there is patchy dense fog. There is a dense fog advisory until 10am for inland counties. The beautiful weather sunshine, a light northerly breeze, and highs near 60. The sky is clear tonight with lows a live look outside Wrigley Field in chicago. Fans have been partying all night long. The cubs expected to return from cleveland sometime this morning. It took 108 years. A game seven. Even an extrainning. But this morning the chicago cubs are finally. Once again. World champions. The celebration started with the final out late last night. Jay gray natural sound anncr when game is over the chicago cubs are world champions finally. Nats celebrationhistory. sot most amazing game you could imagine. But like mo ....
Pullback in almost a month we have not had big swings in stocks as of late. Thatght not be part of metric because we are down. Definitely coming up off the lows of the day. Note whereut with a he said it would be difficult after the latest recovery in stock to get a second wind. He thinks there are two main obstacles. One is that the buyback, companies themselves have been a big source of demand in stock. Also, corporate profits would be difficult in the coming reporting season. That means stocks will rally. Take a look here. This is the median strategist forecast for the s p 500 here and in yellow. There is a lot of pessimism over u. S. Stocks right now. The median forecast, 2150. This deftly a consensus at point that stocks will not be able to maintain gains. He is not alone at being pessimistic on specifically. This the change going into the earnings season. We have had about 10 Percentage Points in the earning estimates for ....
We need to get a snapshot of todays action with julie hyman. Julie we havent had big pullbacks recently. There has not been that Much Movement either way in u. S. Averages. The fact that we are seeing a pullback that is good getting there are these concerns about growth. The strategist over at Goldman Sachs says today that the recovery we have seen in the United States in the stock market is likely to falter before gets a second wind. There arere was two big issues. A slowdown in the buyback activity. He thinks the other reason is going to be the drop in profits for the s p 500. Take a look at the bloomberg. We are seeing the s p 500 strategists are still pessimistic. The median forecast is 2150. And im going to send it back to you. Belowthe dollar falling ¥110 for the ....