Open, wall street looks to close out a recordsetting week. Peacock joins the streaming wars, how comcasts forthcoming platform looks to separate itself from the streaming flock. Joining the four comma club, alphabet more than 1 trillion all together more than 17 of the s p 500. Stocks looking to hit new record highs upbeat news on the economy as Housing Starts rise in december to their highest level since 06 up 16. The and just to put that into perspective we are looking for an increase of 0. 4 amazing, and of course the commentary from tepper and druckenmiller over the past half hour has done a lot. Its fed in the same direction. Well pick apart if weather was a factor in the Housing Starts and the rest but that is when the equity futures took another leg higher when the numbers were reported comes after we got other good housing data its become very hard to decide that the headlines are going to get in the way of a market thats been on this autopilot higher the guys like david tepper
On behalf of everybody all the folks here at sixth i, welcome. Thank you. Thank you very much for coming. We at pmp always enjoy joining forces with sixth i to put on author events. This synagogue and Cultural Center is now 15 years old and its founders and separately deserve a lot of credit. [applause] the deserve a lot of credit for transforming displaced into the vibrant Community Institution that it is today. We are delighted to be hosting jodi kantor and megan twohey. [applause] they are of course the New York Times reporters revealed to the world Harvey Weinsteins extensive sexual abuse. Their book, unite tonight is the riveting revealing account of how they develop their blockbuster story and its consequences in spurring the me too movement. As they note in their preface in the wake of the weinstein expose, which broke in october 2017, it wasnt as if i damned law had come down wall. Many, many women not just in this country but around the world spilled forward to tell their own
Author and Journalist Bob Woodward at an event hosted by politics and prose at the synagogue. This is one hour and a half. [cheering and applause] good evening. [inaudible] on behalf of everybody and those folks here welcome and thank you very much for coming. We had tnt always enjoy joining forces with six and i for author events and the synagogue and Cultural Center is now 15 years old and founder and staff deserve credit. [applause] they deserve a lot of credit for transforming the space into the vibrant Community Institution it is today. We are delighted to be hosting jodi and megan. [applause] they are two New York Times reporters who reported on Harvey Weinsteins extensive sexual abuse in their book is the riveting revealing account of how they developed their blockbuster story and its consequences in spurring the Metoo Movement. As a note in their preface in the wake of the weinstein expoee which broke in october 2017 it wasnt if it was is a dam wall had come down. Many women no
Back over to you thats going to be a topic of more importance as we get through the back half of the year ylan, thank you. A move to crypto now, especially facebooks libra. The president took to twitter to say hes not a fan of bitcoin or other cryptocurrencies adding, quote, facebooks will have little standing or credibility. Libra a major topic on capitol hill during the fed chairs testimony. Take a listen. We agree that libra raises a lot of serious concerns. And those would include around privacy, money laundering, consumer protection, financial stability, and those are going to need to be thoroughly and publicly assessed and evaluated before this proceeds now weve got mark cuban sitting down with deirdre last night, saying that facebook is out over its skis. Im not a big fan of what theyre doing there. I think its a big mistake not so much because of what will happen here in the United States, but what will happen globally theres going to be some despot in some african country that
Right now on the russia controversy. Well go there live in a few moments. Major banks out with earnings. Jpmorgan with a quarterly beat stronger loan demand offset a decline in trading revenues. Citis results also above consensus, helped in part by lower costs and better than expected trading revenue they both mentioned brexit a year ago, jim. Really helped trading and yearonyear comp is tough joe asked me earlier which is better and i went with citi no slight to jpmorgan, their quarter was excellent, too theres fantastic growth how about this statistic you know that jamie dimon bought back 4. 5 billion worth of stock, even though the stock is up at 97, scitigroup had every line item better than expected citi gave what was considered an analyst day. And i sat down with mike korbat, the ceo on analyst day, skpeman everyone told me, pie in the sky, he exceeded everything that he said. It is a best in show situation theyre buying back 60 billion worth of stock walmart buys back 20 million