Out of congress as opposed to just these executive orders from the president that are taking quite a bit of heat over the weekend. Yeah, look, david, i think that there is a sense initially that it was a white house grab and it kind of went through the weekend, there was a recognition that, wait a second, maybe it is a grab if youre going to give 400, 100 has to come from the states and many of the states including red states are in trouble. The thing that is most compounding people is that 12 of the people who make 80 to 100,000 get this bizarre payroll tax cut when the problem is not the people employed but the people who are unemployed. I think that its arer so counterintuitive our old friend larry kudlow always believed in that. We have secretary mnuchin right now, which is terrific lets do it lets do it. Go ahead, jim. Mr. Secretary, always good to see you on squawk on the street. We get a little bargaining done on the show. How have you been . Good morning. How are you . Im doing
Hackett was brought in, he was a board member, previously he had done a great job at steel case the Office Furniture company in michigan and when he came in and he said, look, we are going to transform ford, get it ready for the future for Autonomous Vehicles, for electric vehicles. That hasnt happened ford has been mired in really not being making the move that its needed to make since 2017 they are starting to change that a little bit some of that because of the moves that jim farley has made as coo, he becomes the ceo effective october 1st and the marching orders are pretty clear. Transform this company, get ready for a future with electric vehicles, Autonomous Vehicles at some point, not immediately, but at some point, but, guys, this is the most interesting stat that i can find. If you go back over the last, what, 20 years, 19 years, only one ceo at ford, alan malaly posted a positive gain in ford shares there you see hacketts performance since may of 2017, down 38 , similar to fi
Charles all right, folks, got to tell you, its strange, right . Since august 6th, this market has done a complete flipflop. The script has been flip. Coming in todays session the stocks with the biggest share prices were down the most. Those with the lowest share prices are up the most. Another way to look at it, stocks with the largest market caps have underperformed. Those with the lowest market caps have up 7 Percentage Points in comparisons. Companies with high dividend yields theyre rocking compared with those who are the lowest dividend yields. From march 6th, august 23rd, have now been underperforming the biggest laggards. To mash all this out, katheryne rooney vera along with Bahnsen Group cio, david bahnsen. Let me start with you, david, the complete flipflop, they were talking about it, there were hints it would happen. Were in the midst of that right now. It seems to be. It will be interesting to see how long it lasts. Both the energy names, high dividend names and some of t
Go and waste. We can make a difference by choosing reforestation over a different station recycling bin for disposable Smart New Solutions oberstein said you know weve heard those truly in need and we know that their uniqueness is why the allows us to live them survive good why do you as the Environmental Issues stem global 3000 on t w and going on. The lebanese economy is in freefall now the countrys largest port is out of commission and the entire city quarter is in need of rebuilding a look at the economic consequences of tuesdays explosion in beirut. Also on the show the democratic republic of congo was hit with a surge in inflation after the pen to. Its a further squeeze on exports. Welcome to the show and. Its good have you with us times are already tough in lebannon food prices were rising Power Outages becoming more frequent and coronavirus case numbers climbing now the need to rebuild the countrys largest port following an explosion on tuesday threatens to expose just how thre
The training. Innovation and education. But this is one game we cant afford to lose the World Food Program fights and a world war helping people help themselves my goal is 0 longer. The lebanese economy is in freefall now the countrys largest port is out of commission and the entire city quarter is in need of rebuilding a look at the economic consequences of tuesdays explosion in beirut. Also want to show the democratic republic of congo is hit with a surge in inflation after the pen to make its a further squeeze on exports. Both welcome to the show im Stephen Beardsley in berlin its good to have you with us times are already tough in lebanon on food prices rising Power Outages becoming more frequent and coronavirus case numbers climbing now the need to rebuild the countrys largest port following an explosion on tuesday threatens to expose just how threadbare the countrys economy really is. A city in ruins its gateway to the Global Economy destroyed lebanon is scrambling to pick up the