Moving the markets. Record low bond yields, new attacks on viacom, and at merck shares are rising in the premarket. But obviously a lot of review to go over on what the fed said yesterday, jim. Yesterday was a kind of admission, it wasnt even tacit, that maybe were in a kind of different era, which is so interesting because a couple months ago they certainly didnt think we were. And thats going to cause the id say kind of a grumpy attitude toward the fed, people who say theyve lost it because they now feel look theyre swinging in the breeze, the pundits. Wow. All of a sudden were much weaker than we thought, previously much stronger than we thought and were data dependent. It does add up to something that i want to step away from and say its good for stocks. So we can talk fed policy, as if we are indeed fed members. Ill let you be from i dont know, some west coast man and ill be a philly thing. When it clears, we can go back to clorox and back to look at Procter Gamble after these pro
As the board drama continues, well go live to Paramount Pictures for the future. And microsoft wasnt the only offer on the table for linkedin. How sales force missed out. Viacom issuing a warning for the current warner. They cite weaker sales after redstone moved to oust five board members. This is a significant warning on estimates. Yeah. They blame one movie. They claim the slate is going to be very good going forward. But they said the slate was going to be very good going backward. This is a company thats in disarray. If you buy the stock, its a complete crap shoot. Its rare you are say do we know whats going on in the company . I think they dont. And i say in a vacuum, the stocks a poorer vacuum. I think you buy it because you get a bid but thats just reckless. Theyre looking at 1 to 1. 05. The street was at 1. 38. A lot of people come in say a nice base had been set on this name. Yeah. I just look at this situation and i just think that this is such a poorly run company that the
News. It was down 3 . And remember this follows 3. 5 earlier in the week. The shanghai was down half a percent. We had a boj viewing party last night. You didnt make it. You look tired. We ordered sushi and got some red bull. Just to, you know, full effect. You are trending on start saying sushi and stuff like that. I dont want to get too stereotypical here. Well, you know. It is a safe zone. Since when . Im with becky. Since when. Lets look at the futures, they are indicated lower follows the first five day losing streak since february. When did you come one that though . That borders on a shtick for you this morning. A stick . You told me i wasnt allowed to use yiddish. So the mid western version of stick. I was up we had a viewing party. Lie. Coming one things now. Try good. Youre doing a stick. Because you i dont you really didnt stay up. No see, you aric making that up and you are going for a laugh. Ive learned a lot. Because i was going to pull away. You could get me. U. S. Stock
Got every man in here wishin im sara eisen welcome to Worldwide Exchange. And im wilfred frost. Throwback thursday. This is a good one. This is a good one. From spotify throughout the show. Do not sing well. Lets get to the market action. U. S. Equity futures right now, of course yesterday a muted response to Janet Yellens testimony and lack of fed decision keeping rates on hold of course. And slightly down end of the yesterday. Slightly down in the pre market. Worth noting that of course yesterday we saw a bounce back in european equities a bit of a if brexit relief rally. You might say today we are negative again across the rest of the world and dow called lover by lower by 52. We could be looking at the sixth day in a row of declines for u. S. Stocks after that late day selloff. Small declines. Small declines this morning. Ugly overnight. Lets show you the big Global Market action from what we saw in japan. Bank of japan deciding to hold policy unchanged. The dollar yen is the big m
Barely. Never the less, it marks the longest string of weekly gains for nasd2010. That streak hit eight despite a slight. Stocks came under pressure as expectations for an Interest Rate hike later this year rose. Despite those daily declines, stocks remained near their all time highs. Today, the Dow Jones Industrial average off 45 to finish at 18,552. Nasdaq fell one and the s p 500 week, fractional moves with the nasdaq, remember i said barely, well, it was baw a the lower. Despite todays winning streak on wall street, many were according to the wall street journal, Big Companies are giving more of their profits to shareholders than any other time since the financial crisis. Even as record low bond yields put a dividend, but are these payouts putting companies at risk . Lets turn now to mary ann with gradient investments. Welcome. Nice to have you here. Thank you for having me, sue. I guess that is the question. Does the dividend pay out pose a risk forn this market . Well, i can say