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June 29, 2024
Minutes. Got to talk to peltz, jim, about Procter Gamble yeah. Big tory. David and i have been spending time on it. Mr. Peltz had came on here and then mr. Taylor, the ceo of procter came on mad money with a series of what i say are just outright charges that vehemently disagree in what was once i thought going to be a more gentlemanly discussion with what mr. Peltz is saying and what mr. Peltz has done. Would you agree with that . Yeah. I dont think its interesting. The battle has been joined h...
June 29, 2024
Percentage point dax is slightly weaker, relatively flat as is the cac. Crude oil prices, crude Oil Yesterday was flat ended up by two cents this morning another 44 cents 55. 35 so wti above 50 a barrel. Back to the markets in a moment first the latest developments on Hurricane Maria. The hurricane making landfall on the island of dominica as a category 5 storm it is now weakened slightly within the past few hours to a category 4 thats the good news forecasters warn that maria could reach streng...
June 29, 2024
Morning. Hurricane rita bears down in the caribbean. A category five storm makes landfall in dominica and Virgin Islands for another beating as well. Puerto rico has declared a state of emergency this morning. Global markets on edge. Investors waiting for good twoday meeting today. Central bank expected to detail how it will unwind the fourpart 5 trillion Balance Sheet. We are expecting details tomorrow. Had it all back in futures indicate a higher opening today in the u. S. Dow industrial to op...
June 29, 2024
Meteorologist michael schlacter. Good to see you. What is puerto rico looking at, what is the region looking at . Jose hit barbuda and lesser antilles. Neil what is left of barbuda at this point . Unfortunate desolate situation. Guadalupe and dominica got direct hits on its way to the British Virgin island and probably direct hit on puerto rico. Could be worst ever. The benchmark for the puerto rico is the 1928 lake oak hurricane that went through that as category five lake okeechobee hurricane....
June 29, 2024
North korea. Rocket man is on a Suicide Mission for himself and for his regime. Iranian government masks a corrupt dictatorship behind the false guise of a democracy. It turned a wealthy country with a rich history and culture into a rogue state whose chief export are violence, bloodshed and chaos. Lou unlike his two predecessors, President Trump confronted radical islamist terrorists by name today. Well stop radical islamic terrorism because we cannot allow it to tear up our nation and indeed t...
June 29, 2024
President will go on diplomatic offense. And as he speaks, by the way, the North Koreans will be sitting right flofnts him. What will they do . The movement here at Home Senate Republicans want to include one and a half trillion dollars with a tax cuts in the budget that would be progress for tax reform and or for the president s growth agenda. Now look at this. Stocks will open up again okay not much many maybe ten or 11 points will you theyll be up at the opening bell. Its the Federal Reserve ...
June 29, 2024
North korea. Rocket man is on a Suicide Mission for himself and for his regime. Iranian government masks a corrupt dictatorship behind the false guise of a democracy. It turned a wealthy country with a rich history and culture into a rogue state whose chief export are violence, bloodshed and chaos. Lou unlike his two predecessors, President Trump confronted radical islamist terrorists by name today. Well stop radical islamic terrorism because we cannot allow it to tear up our nation and indeed t...
June 29, 2024
And pays out 60 of it earnings through difficult depds and has bought back stock on what people think are attractive prices. This does not sound like a company that need your help. Its a Great Company and a great business and the stock has done great for a long period of time the issue for shareholders is not how well the company has done over the past and how well it will do in the future bottom line is adp has underperformed relative to potential. Youre judged relative to your potential, not r...
June 29, 2024
Across puerto rico. This is without a doubt the most dangerous storm in our generation. It is possibly the most dangerous storm in a century. The very latest coming up on the hurricanes path and the devastation and how it will affect finances of the already struggling island of puerto rico. Futures indicate the markets are open fractionally. Very much a fractional day here, very much break even. We will see a News Conference in comments from chair janet yellen at 2 15 p. M. Eastern. No change in...
June 29, 2024
Devastating. Two politics for the president stole the stage at the u. N. General assembly warning north korea, you provoke us or our allies, we will destroy you. General jack keane moments away on that. Despite all those headlines as we say the market in record yet again. More alltime highs expected just a halfhour from now as investors wait for janet yellen this afternoon. Also waiting for word on Health Reform. The gop we are told one or two votes short of getting it done. Three top senators w...