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Decision. Bullard should have called for 75 basis points and he could have the job when powell steps down to spend more time with his calculations. I agree completely with bullard, his dissent on 50. Whats he thinking . Then i read his comments and said thats pretty smart it made total sense to me. On the bullard side, this gives you a sense of why its so reasonable i would be watching very carefully for any signs of a downturn. Of course, there are views on the other side as well, from the other dissenters i think the center of gravity, clearly the center of gravity on the committee is the second adjustment was appropriate. Thats right. Fed president jim bullard joins us here in just a moment josh got a cameo in that little mashup. Lucky you didnt wear the same tie. Some of my best work. Yeah, you have to give me the heads up on that. Building throughout the day, hopes of the trade deal, really good housing data. Yeah. What are you chalking it up to lets do housing first. Xhp, itb, ho ....
Nikkei flat. European equities, still positive. Nicely positive. Its better than yesterday. Germany, france, ftse, spain, all higher by more than 1 . Even more italy who has suffered so much lately. Price of crude oil up this hour across the board. 47. 97. Brent is reapproaching 50. 49. 34 with a gain of. 55. Danone is buying whitewave foods to expand the presence in the United States. Whitewave is the producer of silk almond milk, Earthbound Farm horizontal organic milk its a 24 premium to whitewaves Closing Price over the last 30 days. Tesla ramping up the word of wars with fortune. The electric car maker saying it did no wrong waiting to disclose a fatal accident with a car with self driving technology. This after fortune accomplished accomplish fd a story that was critical of tesla setting on the news for eight weeks. ....
And nasdaq all higher. Were close to session highs. So with yesterdays big recovery and todays big rally, is a panic selling nearing an end . Joining us is paul hickey of bespoken investment group. Good to have you with us. What is your take on how this market feels at this point . Obviously an up day is welcome after several down days in a row. This market, the day to day moves are more fickle than a 4yearold. So we get big up moves, big down moves. So i wouldnt read too much into this right here at this point. It is just again, welcome, we have been getting killed all week. Still down for the week. Yes, still down for the week and still down considerably on the year, no matter how many no matter what measure you look at. What signs are you looking for that would mean we have hit bottom . Anything that rings the bell for you . I wouldnt say there is any necessarily bellringer, but, you know, some of the if you want to look for encouraging signs now, you have sentiment measures are ver ....
Omaha. Class a stock up more than 11 so far this year and that, of course, outperforms the major averages. Our becky quick is live in the aforementioned omaha. Hi, becky. Tyler, thank you very much. Warren buffett is called the oracle of omaha for a reason, he made a lot of money for a lot of people. He had a gain of 24. 8 in shares of berkshire. That may not sound like a lot but it crushed the return on the s p 500. He built up millionaires over time and a lot of those people have loyalty to him. That doesnt mean every investment he makes is a winner. He is the first to admit he made a lot of mistakes. The winners start out looking like losers, too. The jury is still out on a stake hes been building up over the last 4 1 2 years, ibm. Right now it looks like a huge loser. He built up an will 8. 5 stake in the company itself and hes done that at the average price of 1 p 170 a share. For now, buffet is standing by ibm. We feel fine or we wouldnt own it. And we never sold a share of ibm. ....
Hitting the booming world of daily Fantasy Sports. Allegations of Insider Trading. Walk us through it all, domenic chu. Millions and millions of dollars at stake. Thats why its getting so much attention. Many of us play Fantasy Sports, dfs on the daily sites. Lets take you through exactly what the stage is right now. First of all, draftkings and fanduel, its pretty much a duopoly. They control the daily Fantasy Sports world. Thats why theyre so much in focus right now. What is daily Fantasy Sports . Its about a weektoweek commitment. You dont go through a full season. You play against people on a weektoweek basis or enter these contests. What happens is you act as a team general manager. What you are looking t ....