Further the economy if everyone is buying a used car and having a blockbuster quarters that good . I think people of feeling confident enough to buy used but not new. Theres a bad side to the economy, or maybe americans are held getting smarter and dont realize dont think they need the latest model. Melissa how you interpreted . I have a different opinion. I actually think what is interesting to note here is car sales are pretty big component of inflation so when we have the next c t i reading Going Forward this will be interesting, dovetailing back to what we saw a couple days ago. This could be a sign the economy is a little healthier, were seeing more inflation. You dont buy that. Melissa it is so nice. Going forward you have to look at j. D. Power came out with their comments a new cars are actually not so great anymore. It used to be the nuts and bolts, they are not doing as great. They are not. With our maps they have a great model. The idea youre going in and dont have to haggle
Of word of an ftc investigation. Well be all over that. Well come back to it in just a second but first more bad news for pimco cofounder bill gross this week. One of the megafunds own trustees, william pope joy, lashing out at the superstar bond manager calling grosss 200 milliondollar salary, quote, not appropriate and demanding an investigation into grosss conduct as a manager. So is the onetime king of bond overrated . Prepare yourself for todays wall street throwdown. Our very own Charlie Gasparino thinks gross is not worth the money. I bet that is putting it mildly. Capitalist pig. Com Jonathan Hoenig says he is worth every penny. [whistle blows] jonathan you go first because may be only word you get. Go ahead. Im not an investor in pimco, melissa but many, many people are. 2 trillion is entrusted to the firm that bill gross started in the way back in the 1970s. He is mutual fund superstar. There is only one lebron james and lady gawk gaugh. How many Bond Fund Managers are househ
Apple edged past Microsoft on Thursday to become the most valuable public company in the United States, as announcements made at its annual Worldwide Developers Conference including generative AI features for iPhones sent the stock climbing.
Apple edged past Microsoft on Thursday to become the most valuable public company in the United States, as announcements made at its annual Worldwide Developers Conference including generative AI features for iPhones sent the stock climbing.