The second week of february we have seen this phenomenon play out and today was no different even as the dow did slip 80 points s p declined 8. 4 . Nasdaq lost 1. 1 . [ sell, sell, sell ] it was up yesterday. What do i mean Pricing Power . Im talking about a companys ability to raise price on its goods and not meet any resistance when it does. The ones that can have stocks that bounce back quickly from marketwide turmoil or they hang in like champs. The ones that cant, they dont come back. Or they fall behind when the market bounces because their earnings per share numbers are in jeopardy. Who has it . All right. The market was down. Many stocks consolidated gains we have had over the last couple of weeks in a way that showed me the companies underneath can with stand promotional and discounted pricing. Take apple. [ bull bellowing ] one of the reasons i say own it, dont trade it. [ buzzer ] is because am has the ultimate in pricing pou. I get tired of wall street flitting in and out o
Better deals on the flights they want. All that and more tonight on nightly Business Report for thursday, may 8th. Good evening, everyone, wall street today went from sizzle to fizzle. You may not know it from todays closing numbers but the dow was up triple digitals even hitting an all hadtime high before drifting lower, and there are good reasons why investors brought up stocks, another round of solid earnings, firsttime job claims down, and more from Federal Reserve chair janet yellen, in her second day of testimony, yellen promised to keep Interest Rates, quote, right where they are to boost the economy until both the housing and job market do better. Our objective in Monetary Policy is to continue to maintain an accomodative Monetary Policy for as necessary to see recovery of the labor market to nwithstate. It is hard to know exactly how to characterize it, but what the Federal Reserve calls maximum employment or we used to call full employment for sure and in many ways were far f
Want. All that and more tonight on nightly Business Report for thursday, may 8th. Good evening, everyone, wall street today went from sizzle to fizzle. You may not know it from todays closing numbers but the dow was up triple digitals even hitting an all hadtime high before drifting lower, and there are good reasons why investors brought up stocks, another round of solid earnings, firsttime job claims down, and more from Federal Reserve chair janet yellen, in her second day of testimony, yellen promised to keep Interest Rates, quote, right where they are to boost the economy until both the housing and job market do better. Our objective in Monetary Policy is to continue to maintain an accomodative Monetary Policy for as necessary to see recovery of the labor market to nwithstate. It is hard to know exactly how to characterize it, but what the Federal Reserve calls maximum employment or we used to call full employment for sure and in many ways were far from it. The dow rose 32 points bu
Better deals on the flights they want. All that and more tonight on nightly Business Report for thursday, may 8th. Good evening, everyone, wall street today went from sizzle to fizzle. You may not know it from todays closing numbers but the dow was up triple digitals even hitting an all hadtime high before drifting lower, and there are good reasons why investors brought up stocks, another round of solid earnings, firsttime job claims down, and more from Federal Reserve chair janet yellen, in her second day of testimony, yellen promised to keep Interest Rates, quote, right where they are to boost the economy until both the housing and job market do better. Our objective in Monetary Policy is to continue to maintain an accomodative Monetary Policy for as necessary to see recovery of the labor market to nwithstate. It is hard to know exactly how to characterize it, but what the Federal Reserve calls maximum employment or we used to call full employment for sure and in many ways were far f
For a complete schedule visit booktv. Org. Now on booktv, Edward Mcclelland reports on Americas Industrial midwest, also known as the rust belt. The author examines the regions oncepowerful Manufacturing Centers and how their demise has resulted in the exodus of local populations in search of employment. Its about an hour. [applause] thank you. That was a really good introduction because it segways right into what i wanted to talk about at the beginning which was the fisher body plant in its heyday. It was, i went to high School Across the street from the fisher body plant in lansing, michigan, and it was perfectly integrated into the industrial life of the state. The high school was part of the supply chain. It would provide the workers for industrial labor. And there was a saying that you had a diploma in your hand one week and a ratchet in your hand the next week. People would just walk right across the street two weeks after graduation, and theyd have a job. And when i was going to