Things where its always on the horizon, were about to do it. I think they will do it. That will take a huge uncertainty out of the way, usmca, nafta 2, getting that out of the way. The other thing to avoid is a trade war with europe over auto parts and imports. With all the optimism, bank of america said 68 of managerses think the markets going to be good. Thats usually a bearish sign. Lauren i know. When everyone starts saying things are so good, mitch, you study this, you know the stock market, does that mean you should go in the other direction. Not necessarily. Think about what happened last year. We were worried about the fed raising rates. This year the fed lowered rates three times. The markets are sending them a message, saying we like lower rates. I think fed talk will be the thing to look at. I would look at corporate earnings next year. Baked into the market this year is the fact that next year will be a good year for earnings. Last year was a meh year for earnings. Lauren i
Barisma. Officials to crack down on curfews as city struggles with unrest. Weve got the very latest, mornings with maria begins right now. Joining the conversation dagen mcdowell, columnist for the hill and liz peek and real clear politics, great to see everybody here this morning. [laughter] dagen go. Maria pretty good firmer tone this morning for future after 2 days of having losses, dow, s p 500, nasdaq seeing steepest 2day decline since august and the day before, trading growth concerns weigh on investors, i just want to point out that i know manufacturing is a major issue here in terms of the weakening, lets not underestimate the power of boeing and tollback and production of the jet, the max yet because of its issues in terms of its influence on the manufacturing slowdown, so i just dont want i mean, i look at these numbers, i see the manufacturing is slowing, i get that, but boeing was a big part of that. Im sorry . And gm strike. Thats also had an impact on this. Maria i spoke
A lot of it boiled down to the latest earnings that have its business going further than anyone going forward, the poster child for Artificial Intelligence, nothing artificial about the advance in the technology laden nasdaq, what to make of that and the sources that are going one way versus the dow going south for the time being, thats a separate story. Susan at 250 billion they for the worlds biggest chipmaker, extending that 100 rally so far this year and wall street has some pretty high folks going into this but nvidia putting an incredible record quarter tripleing sales going for a bigger quarter this spring time and remember whats rallying the stock, the longawaited stock split, 10 to 1 starting june 7th so that means more average folks can buy in and theres a higher chance of inclusion in the Dow Jones Industrials which is. With the stock price and nvidia doubling the payout to investors in dividends and it is all systems go in this new inflection point. The next Industrial Revo
Leaders refuse to protect our border and because San Francisco is a sanctuary city. The president went on to call the acquittal of kates accused killer, quote, the final injustice, but an alternate juror in the case says he thinks the panels decision was spot on. He told kpix 5 it all came down to the evidence. An illegal immigrant shot a gun, killed a citizen, and was charged with murder and manslaughter and acquitted. That sounds bad. Reporter it was a verdict that renewed debates on immigration and sanctuary cities. Phil was an alternate juror on the case and had a front row case through the fiveweek long murder trial. I was not surprised by the verdict. I was surprised to see on the news and social media that everyone else was. Reporter the prosecution couldnt prove there was any intent to kill steinle which took first and Second Degree murder off the table. According to the jury instructions, zarate had to be committing another crime at the time kate was shot to be guilty of invol
Have quite frankly, they have, they have more broader powers and they oversee basically all of government where our on our side we have the classified side. That is one of challenges i think a lot of our members did not know. Because we are the holder of the place where you can bring top secret information were working with folks who have been bringing us information over the last several months. Reporter [inaudible] yeah. So i didnt see the interview but im not sure that, i dont think anybody has reported on the fact of this investigation or this inquiry moving forward until just now. As far as i know no one knew about that. Reporter [inaudible]. Said exclusively the democratic leader nancy pelosi, steny hoyer is not the person filing. This looks like more of a fishing expedition to democrats. What will it do for any remnants of bipartisanship on either your committee or the Oversight Committee . Well our job here is to get the facts. Were the legislative branch of government. Well do