Been up one and 1 . But right now, the s p had been up 1. 4 . After last weeks volatility, the question is whether the tip action today will last considering that we also saw frenzied buying friday. We have major averages on pace for two updates in a row. We have into the bloomberg and take a look at the hash g btv 927. Much of january, there are updates. The best month since 2016. February hit and we were down. First twoace for the updates of the three major averages since january. Right now, the s p 500 on pace for its best to up days since the election in 2016. Leadership coming from names including apple, exxon mobil, and j. P. Morgan. These were down in a big way last week. Apple a trigger in some ways for the selloff we have seen. They had a disappointing quarter around the iphone sales and guided the stock. It is still 200 below the moving average. They are not out of the woods yet and perhaps not the selloff. Exxon rebounding nicely. The stock had been down about 17 during the
Invest in laborsaving is it not possible that improved wages themselves can help lead to improved product activity, which can create a virtual cycle with wage growth officer time yes, thats exactly what we hope is happening right now. So youre committing to keep your foot off the brake . When i was getting ready for this hearing, i went back and read something that you said in your very first year on the fomc committee. You noted you havent seen anything in the wage data yet to support that it struck me as interesting. It got me to thinking about my frustration, and how its been 2 1 2 years since he hit the supposed definition, yet it keeps dropping and the definition of full employment keeps chasing it it made me wonder, as it relates to what you said earlier, why dont we just use woo wage data to help define it. For a lodge time there was slack in the labor market. Weve reached the point where the risks are really twosided now. If we do get behind and the economy does overheat. If th
Opponents and the free press. I have a special guest who is an expert on doj independence. An important story. We begin with a question many are asking about the prosecutors investigating russian collusion. Do you think theyll get the president . Thats what Jared Kushner recently asked a friend who spoke to vanity fair. That fretful question from a loyal trump insider is at odds with the public legal stance. As we reported, ty cobb insisting the interviews are going well and muellers entire probe could be resolved in early january. Kushner may have his own legal exposure. Mueller investigating his contacts with foreign leaders, asking detailed questions about jim comey and if he fared firing him. Mueller could be chasing leads. Lets be clear. The four sources are anonymous. They could just be enemies of kushner trying to pin the white houses probably worst decision yet on him. Consider this. Another former Trump Campaign aide has blamed him for the firing on the record. You may recall,
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