Hey, i am cramer, welcome to mad money, i am trying to make friends, i am trying to save you money. Call me, 1800763cramer that was unsustainable today we learn nearly everyone loses when the president acts and slamming the market. A crushing disappointment. And anyone who lost a job may be on the verge of losing a job you have to wonder what will happen to the 14 million odd people and the family working in the Hospitality Industry lets just say inhospitable. I care about the small and immediate size businesses and workers that are going to be laid off Speaker Pelosi and mnuchin is making a lot of progress and getting a lot of phone calls, getting close to a deal. Speaker pelosi echoes after the president stops negotiations but it was too late. Trump tweeted, he was adamant and hell put a better bill after the election all right, whats really going on here . Thats the rhetoric. We all heard the rhetoric, right . The president is taking a calculated risk, betting the economy stronger t
The Reagan National and washington but we talk about the airlines with edward and we start with you. Reporter yet, friday rally. Not seeing two days of gains a row and we not seen that and wrote while but they come back in today and closing near the highs of the session for all three major averages with the exception of energy all of the sectors were in the green, led by technology and the tech trader regained its momentum today. Lets take a look at apple shares up around 4 today all of these names, higher on the week with the exception of google just fractionally lower in the nasdaq higher this week but the Broader Market down or weeks in a row and is the longest losing streak since last august, augus. As you can see, the dow down one and three quarters of the week. S p down. 6 but the nasdaq certainly higher. In fact we have one dow stock that actually notched a record high today, that was a nike on a solid blowout earning report and their revenue is just about where it was last year
This is boom bust the one business show you cant afford to miss friendship or in washington coming up a new chinese restrictions may cause problems with the sale of social media after the Us Operations as reports indicate a deal could happen within days will dig into the details chinas Manufacturing Sector is continuing to grow but what do these numbers mean for a Global Economic recovery will bring in some expert analysis to see what where things are headed and later a host of trade deals in jeopardy as the e. U. And u. K. Are deadlocked over certain provisions will go over what is holding up these talks we have a packed show today so lets dive right in. And we have hit a new and dramatic chapter in the fight over social media tick tock only days ago it looked like tick tock was about to announce its sale of u. S. Operations within a matter of days but now new rules from the Chinese Government may be able to actually block that sale late friday beijing announced new restrictions on th
Social media at the u. S. Operations as reports indicate a deal could happen within days well dig into the details plus chinas Manufacturing Sector is continuing to grow but what do these numbers mean for a Global Economic recovery will bring in some expert analysis to see what where things are headed and later a host of trade deals in jeopardy as the e. U. And u. K. Are deadlocked over certain provisions will go over what is holding up these talks we have a packed show today so lets dive right in. And we have hit a new and dramatic chapter in the fight over social media at tech talk only days ago it looked like take doc was about to announce its sale of u. S. Operations within a matter of days but now new rules from the Chinese Government may be able to actually block that sale late friday beijing announced new restrictions on the export of artificial tech Intelligence Technology essentially blocking talks between ticktock and its many suitors in. Microsoft walmart and oracle saturday
35 closer in town than was for i dont think were a part of america or thirst for. Hi im max kaiser welcome to the kaiser report Summer Solutions thats right we solve all the worlds problems by bringing in the biggest genius to the way we know that ive ever been on the show and were going to talk about a very scary the word and that of course is the flakes and joining us former tech entrepreneur jeff booth hes the author of the price of tomorrow why deflation is the key to an abundant future this book has caught fire amongst accept a community they Call Community all communities its really a fantastic book stating so jeff but i want to ask you because deflation is usually associated with depression and bad times and nobody likes us but based on the title of your book the key to an abundant future it sounds like youre quite optimistic about deflation so how exactly do you define deflation and how might it lead to abundance transitioning from an inflationary world to what the flexner. Peo