Power lunch starts now welcome to power hundred mp. Its a record day on wall street the s p 500 notching new highs when tyler mentioned the dow and nasdaq are in striking distance. The nasdaq about 13 points away from that mark kelly. All right thank you very much. For more on whats sending stocks to new records today, lets go to bob at the New York Stock Exchange bob. Three things that are really mattering right now. Number one, trade talk optimism. Number two, the Federal Reserve cutting likely for the third time this year, this week and finally the Consumer Holding up well i think the Consumer Holding up is the key to all of this. I looked at the earnings calls for the 40 of kpacompanies that are reported so far, very clear. The consumer is holding up well and theres no concerns about a recession in 2020. Richard seeing the capital one ceo. I think the u. S. Economy and consumer is in pretty good shape. Me echoed many bank ceos that i heard saying the same thing. As for recession co
Stock exchange looking to shake things up in the stock market by making investors and managers focus on companies longterm interests. Joining me is the founder and ceo, eric reese. Eric, its good to have you on the program. Thanks so much for being here. Thanks, happy fourth. Maria i want to talk about the longterm nature, but first, youve got some news. Tell us about the filing that the company made. Yes. So we were approved as a National Securities exchange on may 10th, and now were making our first in a series of filings that are the actual standards, the principles that companies have to comply with in order to be on our exchange. Maria lets talk about that in terms of the Ownership Structure of the company, which is what a lot of people want to better understand. Sure. So at this stage were talking about the disclosures that companies will be required to make that show how theyre in compliance with these principles. The principles are things that are aligned with what a 21st centu
Stock exchange looking to shake things up in the stock market by making investors and managers focus on companies longterm interests. Joining me is the founder and ceo, eric reese. Eric, its good to have you on the program. Thanks so much for being here. Thanks, happy fourth. Maria i want to talk about the longterm nature, but first, youve got some news. Tell us about the filing that the company made. Yes. So we were approved as a National Securities exchange on may 10th, and now were making our first in a series of filings that are the actual standards, the principles that companies have to comply with in order to be on our exchange. Maria lets talk about that in terms of the Ownership Structure of the company, which is what a lot of people want to better understand. Sure. So at this stage were talking about the disclosures that companies will be required to make that show how theyre in compliance with these principles. The principles are things that are aligned with what a 21st centu
Stock exchange, the Longterm Stock Exchange looking to shake things up in the stock market by making investors and managers focus on companies longterm interests. Joining me is the founder and ceo, eric reese. Eric, its good to have you on the program. Thanks so much for being here. Thanks, happy fourth. Maria i want to talk about the longterm nature, but first, youve got some news. Tell us about the filing that the company made. Yes. So we were approved as a National Securities exchange on may 10th, and now were making our first in a series of filings that are the actual standards, the principles that companies have to comply with in order to be on our exchange. Maria lets talk about that in terms of the Ownership Structure of the company, which is what a lot of people want to better understand. Sure. So at this stage were talking about the disclosures that companies will be required to make that show how theyre in compliance with these principles. The principles are things that are a
Stock exchange looking to shake things up in the stock market by making investors and managers focus on companies longterm interests. Joining me is the founder and ceo, eric reese. Eric, its good to have you on the program. Thanks so much for being here. Thanks, happy fourth. Maria i want to talk about the longterm nature, but first, youve got some news. Tell us about the filing that the company made. Yes. So we were approved as a National Securities exchange on may 10th, and now were making our first in a series of filings that are the actual standards, the principles that companies have to comply with in order to be on our exchange. Maria lets talk about that in terms of the Ownership Structure of the company, which is what a lot of people want to better understand. Sure. So at this stage were talking about the disclosures that companies will be required to make that show how theyre in compliance with these principles. The principles are things that are aligned with what a 21st centu