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That, 10 00 eastern, nancy pelosi will try to upstage the president. He will hold a News Conference to announce who will manage the impeachment drive when the senate trial begins next week. There is some gamesmanship involved, the speakers announcement is time to upstage the big event of the day, the trade deal signing. Nancy pelosi wants to keep the focus on the president s troubles, not the president s triumph. The market opens half an hour from now, no fireworks expected, the Earnings Report from big banks largely solid, no big surprises. The dow is going to be down 70. The s p seven, nasdaq down maybe 11. The stock price of target premarket way down. Disappointing holiday sales, stock is down seven but please remember target stock is up 94 last year, almost doubled so even a minor slip is enough to pull it down and that is what we are seeing now. He will be a rock n rol ....
The bloomberg candidacy. He is bypassing the caucuses and primaries. His eye is on super tuesday. Our phone lines are open, 202 7488001 is the line for republicans, 202 7488000 if you are a democrat and 202 7488002 if you are an independent. We are also taking her text messages, that phone number is 202 7488003. Be sure to tell us where you are texting from and your good name. Good sunday morning. We begin with president ial politics. We are in the february season of caucuses and primaries. All eyes are on the nevada caucuses a week from saturday. Virginia is a key state for bloombergs super tuesday strategy. If there is a state or Democrat Michael bloomberg could expect a return on investment, it is virginia. By investing millions, bloomberg helped democrats take back the statehouse last fall with full control of government in virginia, democrats have started pushing through legislation on everything from gun control to gayrigh ....
The nasdaq is the leading indices and oil hitting a threemonth highly after military strikes in the middle east energy is the bestperforming sector today joining us for the hour is josh brown, ceo of Ritholtz Wealth Management josh, obviously seeing a little profit taking here is this a tax situation scenario or is there more to read into about losing steam and sentiment . If you see profit taking on the what penultimate the penultimate is that not an american word as well . It is, we just dont use it as much. And it doesnt sound as good when i say it. It doesnt, sorry when youre seeing profit taking on the second to last day of the year, thats not tax related, but it could be front running what others suspect might be fax related, meaning look at a typical investment portfolio this year, if they own sector etfs, for example, they have a ton of Technology Large ....
As of this evening to be impeached by the house of representatives. The president said leading into this he was not going to be watching what was transpiring up today up on capitol hill. Im told as it relates to the president over here at the white house he will be having a series of policy meetings throughout the day, probably making phone calls as well before he leaves for that Campaign Event in michigan later this evening. He did huddle last night here at the white house with Top Republicans in advance of this vote up on the hill today. One of those was Top Republican in the house, Kevin Mccarthy who gave this readout earlier today. Listen. He is focused on what the American People need but it is the stren ....
Director and get his take on democratic impeachment efforts as well. The rise of the robots. Nobody denies consequence, but what about the jobs, guest and essence of human life . We have a special segment you wont want to miss. The winners and losers of this week. That and more on making money. Charles new changes too the snap program formerly known as the Food Stamp Program will have work requirements. They are raising a lot of concerns how effective the Government Assistance Program will be if there is another economic downturn. The Trump Administration tightening requirements who receives food aid. The outrage is building. Some headlines out there today. Americans in cold weather states will suffer. 3 Million People could lose food stamps ....