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Session with the dow plunges 406 points, the s p prlummets 1. 6 i an absolute nightmare. The house of pain but its good to have some cash so tonight, were holding a coronation because right now, cash is king. Our viewers know this market has been making me nervous for a while. Ive been telling you to take profits for the last three weeks. We have sold some of every single tech stock we know, including some very, very good favorites that you are aware of. Every single one, first time in 15 years because bulls make money, bears make money. But hogs, they get slaughtered i love these tech companies, but i looked at the Charitable Trust cost basis, i looked at the pricetoearnings multiples and said you know what we are out of our minds with greed youve got to be disciplined in my book, that means taking profits while you have them. Some of you will say this violates everything you heard about investing, buy and hold, think longterm. ....
Thanksa list yesterday to amazon packages. Yesterday was a key point for the nasdaq at 9000 word we also have a record high. 9000. We also have a record high with apple. A good litmus test when it comes to risk. Ecb Commission President that they may be having to have an extension for the transition. Itiing up, we speak to the c chief u. S. Economist and get his outlook for 2020. Lets get straight to first word news in new york city. Israel wheren Benjamin Netanyahu fought off challenges to his leadership. He won a landslide in the race to lead his party. He will lead it into israels third election. It comes amidst an election scandal for the Prime Minister. He has recently been indicted on charges of bribery and fraud. The transition for the u. K. s exit may need to be extended, according to ursula von the lio ....
Im phillip mena. Federal investigators are in texas searching for answers this morning after a small plane went up in flames at an Airport North of dallas. The fiery crash killed ten people two crew members along with eight passengers just hours ago, ntsb officials shared an initial assessment of the crash. Nbcs dan sheneman has this update reporter sunday morning, shortly after takeoff. Investigators say the beachcraft twin engine plane slammed into an unoccupied hangar at the addison Airport North of dallas. In just moments the aircraft was consumed by flames, and the faa says destroyed a spokesman for the town of addison says ten people were on board the plane, no one survived we know that there were two flight crew members, and that there were eight passengers. We dont have a lot of detail beyond that at this point. Reporter the hangar was left with a massive hole in its ro ....
Sales causedfast mcdonalds to surge producing the best quarterly growth in four years. Ales were up 4 in china over 24 hundred journalists in 150 news bureaus around the world, this is bloomberg news. Lets take a quick look at the markets, hong kong and china are closed for lunch but here is how they were trading in the morning session, the shanghai composite down more than 2 . This was the picture following that sentiment i am back in half an hour, time now for bloomberg west. Emily youre watching bloomberg west. Twitter stocks tending again, jack dorsey turning around the sinking ship. All lines on apple as the tech giant prepares to announce earnings. How long they can keep up the pace. Cuts. Int announces job investors signaled they are not so sure. Twitter shares are tanking again, closing down almost 5 after the company lost for key members of its executive leadership team. Jack dorsey confirmed the departures in a tweet saying that he was hoping to talk to the twitter employees ....