Live Breaking News & Updates on Residential Mortgage Market
Stay updated with breaking news from Residential mortgage market. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Jim . Honor, the whole group. It is a humbling honor, blessed be part of it. Thank you for the great introduction. I can skip part of my talk. I want to go back one step. My granddad was a corn farmer during the Great Depression in colorado. He had to sell out. My granddad left and went north to find a new business. He started making grain doors for the railroad is this. That is how we got started in 1936. I jumped in my children, well my dad. He was six years old then. Now he is 85. We got into halftime, and his you, that is 12 hours a day. Is still hurting cattle herding cattle. My daughter is working in dallas , the halftime incident. Some of you may know about it. Some of the objectives you have here, my son just got deployed. He is heading overseas soon. [applause] it is a lesson i have been given. We started with 15, now we have 480. 300 independent contractors loyal to us, on top of our employee base. Ive been on quite a ....
His his credentials on financial matters are impeccable. Peter is the chair and financial policy studys for the [indiscernible] aei, he joining practiced banking corporate and financial law. He has held a number of government positions. During the reagan administration, he had a role in reagans proposals for deregulation in the Financial Services industry. He was white House Counsel to president reagan later. And then also served under new york governor nelson rockefeller. Is the author of ronald reagan. He has written many books on financial risks. He frequently writes columns that are published in the wall street journal. As well as the oped pages of the new york times. Ladies and gentlemen, lets give a warm steamboat welcome to peter wallison. [applause] [singing] well, it is wonderful to be here. I must say i have to give a lot of credit to jennifer because i have writ ....
The problem with that is when job,graduate and find a there are only so many of that type of job. But frankly, there are more jobs these days that you can get without having a college degree. Most of my employees with our half, had noaybe background and what we do prior to working for us. We train them. You looking for basic skills and then train them. Paul exactly, we are looking for hardworking ethic. And we have settled with saying we will teach them the rest. My cto has become the educator in chief, helping employees develop and grow skills. You can see that across all industries. I dont think there is a job shortage. I think there is a worker shortage. But i dont think theres a people shortage. Bob we could spend a lot of time. Heidi, if you could address this briefly and then audience questions. Heidi i think the key is education reform, and private Public Partnerships like ibm is doing. Things like that where you got e ....
And well talk about that, whether the markets weary of chair yellen. Also, were expecting perfection. Anyway, when the bell rings in about an hour, thats when the action here might really heat up. At 4 00 p. M. , a new crucial rounds of Bank Stress Test results are due out. Well have that vital report on which banks made the grade and which did not, if any. And the financials have been very strong today, as they were yesterday. 18 of the s p 500. Jpmorgan is up like 6 this week. So expectations, if you want to put it this way, are pretty high. Well find out more in about an hour. Plus, nike reporting earnings. Keep it here for the numbers on that one and what it means for consumers. Of course, tomorrow morning well shift our focus to tiffany. Thats still some time away. A busy hour next hour. Thatll be fun. Plus, googles larry page says if he had to give away his billions, he would rather give all that money to elon musk than an ....
Make. Monica, it was fantastic having you on the show today. Dagen, you are all by your self. Dagen i know, charles. It is the best investment you can make with someone elses money. Thank you so much. Take care. The northeast now seeing the beginning of white out conditions that are expected to last well into tomorrow. Schools and businesses closing. The impact on our economy and stock market today. We take you from miami all the way to los angeles. A rebound in the Housing Market. Buyers no longer in the drivers seat. Inventories are tight and home prices are finally going up again. Right now it is about stocks. Stocks now and every 15 minutes. Nicole i was watching 14,000. We are at 14,002. Last friday we had the new high at 14,009. It will be interesting to see whether or not we get near that close and take it out. We are up about 60 points on the Dow Jones Industrials< ....