The fed laid out plans to buy up individual Corporate Bonds this as the emergence of new coronavirus hot spots around the country add to fears of a second wave so why, guy adami, are markets seemingly so immune to these concerns is that actually a good sign for this rally no, its not. But before i have to i would be remiss, melissa, if i didnt wish the b. K. , the bitcoin baller a happy belated birthday. His birthday was yesterday do you know whose birthday is tomorrow i wont keep you in suspense adam smith would have been 297 years old tomorrow why do i mention him i had to read that book the wealth of nations in college. You probably read it as well he was the father of free market capitalism well, what you saw today was the exact antithesis of that and im going to get added by everybody. To think this market is at all free market is a fools folly. The fact that we rallied into this announcement by the fed, which we all saw coming or they announced it prior shouldnt really surprise a
And we celebrate a0 years of christmas classic, the snowman, and its iconic soundtrack, Walking In The Air. Good morning. Its Christmas Eve. Our top story. Around 250 Million People in the us and canada are under Severe Weather warnings, as an unprecedented winter storm sweeps across North America. From alaska to texas, bone chilling temperatures, blizzards and icy winds have caused widespread disruption and left more than a million homes and businesses without power. At least 12 deaths have been linked to the conditions. Tom brada reports. Once ina once in a generation whether out of the worst possible time. Ice, wind, rain and extreme cold are Wreaking Havocin Rain and extreme cold are wreaking havoc in the build up to christmas. Trees have been ripped from the ground and power lines have been knocked out across the country. From maine to texas, more than i Million People are without electricity. People are very frustrated because we pay our bills. All day it has been going in and ou
Marco colon Marco Kolanovic will be here black friday retailers are probably dreaming of Something Like this. You know the days of black fridays past when people would literally lose their minds, trample over over here to get the newest tv, moms would threaten mortal combat if you dared take the last beanie baby or furby off the shelves but the reality is black friday may look Something Like this yep, you see it there. Everyone huddled around their computer or smartphone, clicking away, skipping the entire instore experience. Will it be black and blue friday for retailers or will their dreams come true guy adami. You know where i wont be that whole running into people im sharpening my elbows, im coming after you what could be a worse experience i wont get into people, what if they eaten the day before and the sights and smells of this. I digress. You just did. For some people this is a huge deal, though. You heard Courtney Reagan talking about, Pete Najarian will be at the mall of amer
I dont know why. The only thing i can think is a cry for help. The defendant has previous conditions convictions. We have seen her before walking around. She seems disconnect it and on drugs. Possibly mentally ill. This family but their kids. This is not where i would choose to hang out with my children but to come through and have my has been here helps but not on my own. Thomases and custody in dublin and no bail is of that because the da wants to revoke her probation. In San Francisco Police Identified the woman accused of abandoning her fiveyearold daughter. She is samantha patton. It happened on monday near the San Francisco zoo. Police saw her push the child out of the car and drive away. Child hit the pavement but was not hurt. Paramedics saw what happened and came to help. She was arrested and booked on suspicion of child endangerment. A baby was in the car at the time of the incident. Both children are now in the custody of child protective services. Trump announced the choice
And you know, there really is an opportunity either around automobiles or Something Else that will create a next big thing, maybe not for a few years but i dont think at this point with a 2. 5 yield it makes any difference. The stock is up 3. 5 , the 13 filings are usually lagging indicators because the actions took place during the quarter. But you have icahn getting out, tepper getting out, berkshire getting in and we just got news that leon cooperman is getting in. Exactly. The buyers now, i think roger basically isolated the thesis here. Its not anybody who is claiming to have a great fundamental edge on exactly how many units are going to be sold or exactly what the trajectory of the next year or two will be for the business. Its about 45 billion or 50 billion in net income, give or take. It seems like a massive profit fool of a financially Stable Company and people are willing to say selling has gotten overdone. If you remember when carl icahn took his stake he had detailed proje