Cigarette craze. Well tell you about all of it on this thursday, september 12 as Worldwide Exchange begins right now good morning, good afternoon, good evening thank you for watching the big question is can the dow make it seven in a row not a huge gain but they are up 59 points right now. I guess so much fopution as thef the year for stocks. There are 91 stocks in the s p 500 that are up more than 10 this month that is seven days of trading. Not bad. The bond market has seen yields come up. Yielding 1. 72 around the world, we saw gains in japan and main land china both rose overnight. The European Markets mirroring asia very slight gains for some of the bigger ones. More on the markets as wells first, breaking Corporate News this morning the London Stock Exchange is set to reject the Hong Kong Exchanges 36. 6 billion bid. This comes as they perceive Political Risk gains fall sharply wiping some 1 billion off the market value in a chance to digest the unsolicited bid. Hong kong market
Points after a rally that saw all of the major averages up do you up by 227 points. S p up by 21 nasdaq up about a percent at 85 points a lot of people muling through and looking at some deescalation it still continued but let up a little bit trade looks like a sidelined issue or better. Much much lower but rising that made people feel like they didnt have enough exposure. The dow is up around 2,000. Russell 2000 is up first it is a catch up and then lets see how far we can stretch it overnight, with the headlines of the latest concessions, the s p futures shot up. We are up six or so percent. If we wanted to, we couldnt make new lows or deals it is fairly far away. You are in this zone. You have a cushion below you see the 10year 1. 726 it is good. It is good it is good always a good side, bad side of things. In asia, we did see the president tweeting about postponing tariffs sang high composite ended up in europe, if you look at what is happening there, right now, markets have barely
Term the dow industrials about a half a and the nasdaq leading the way in percentage turns up more than he feared nobody, he feared no three quarters of a courtroom battle boeing and apple jumping he was remarkable. Nearly 3 . More than that in the case of he could place these big bets. Boeing we will have more on those moves this is a story a lot of people later. Kelly. Thank you very much may not know the first bill is the hardest. We start with a major announcement from the white a lot of people may not realize, house this afternoon, the fda boone was close to bust over a moving to crack down on e decade ago cigarettes he had lost much money his hedge fund was bleeding cash bad debts, and i cant remember the year, but he went all in on the president called reporters into the oval office a natural gas debt for a meeting, in order to lay i think it was the year 2000 or out his administrations plan. 2001 every time he had, which wasnt much at the time, on the table and he turned it wit
Rogers weve had 29yearolds making 1 million a year, expecting to make 2 million the year after that. Diana ferry but if youve got plastic money, theres Nothing Holding you back. History will prove the bakkers were honest people. Reporter Insider Trading could become wall streets watergate. Pauley what do we call greed the day before an indictment . Im afraid recently, weve called it success. Robinson the u. S. Economy, which used to be the envy of the world, is in the most serious trouble since the Great Depression. Inflation is rising while our standard of living is declining. Thomas there was tremendous inflation and not much growth. The country was not in a Great Depression in 1980, but the United States was in the dumps. Dobyns on wall street, it was cold, gray, wet, and miserable. There was no comfort to be found outside. And for investors, there was not much inside, either. The tickers carried almost nothing but bad news. Mclean wed come off a terrible decade for investing. Peopl
Who am i winning for . Am i winning for oracle shareholders, or is it simply a matter of personal vanity . Ill admit to it, mea culpa. An awful lot of it is personal vanity. I think we are curious about ourselves. Were curious about our own limits, then we try to discover or own limits. And a lot of what keeps me going and keeps my drive is, im curious as to how far i can go, how far oracle can go. Theyre inextricably linked. [ticking] t. Boone pickens is on a National Campaign to change American Energy policy. His plan is to replace foreign oil with natural gas and wind, which he says will be good for the country and good for him. Whats the balance for you between, im doing something for america, and, im doing something for boone . Oh, you know, no question. Im rich enough. I mean, lets dont talk about boone. But i dont want what do you mean, dont talk about boone . Boone thinks about boone. Well, let me tell you, i sure as hell dont want to lose. Ill tell you that. Welcome to 60 minu