We will hear from the erickson ceo. Manus very warm welcome. There is a nonveteran. Is a bond there veteran. Says, we are in for a rough slowdown in the u. S. Andof his fund is in cash his buyers are getting worried. The beige book tells me there is only a slight modest pace of growth. Good morning. Not fixedsaid it is income investment, it is fixed lawson testing. He does expect a recession in europe and a slowdown in the u. S. Some signs ofaybe concern with the retail sales but lets get back to erickson. In earnings season in europe. Ericsson is telling us, six. 5 billion swedish krona. Net sales, a eight on the estimate of a beat on the estimate. The third adjusted gross margin also beat with 36. 6. We have some guidance as well. 2020. 240 billion for the numbersg like are beating and so is the guidance. A boost from 5g upgrades among other things. Manus on the commercial side, the troubled asset manager in switzerland, they are saying they will reiterate the 2019 guidance. Net outf
So call me at 1800cnbc how did we get up here with the s p 500 hitting alltime highs, dow hitting its high for the year after gaining 249 points today. S p climbed 4. 9 nasdaq rose. 80 and more importantly, does this market have what it takes to keep powering higher regardless of what happens with the president , with trade, with the Federal Reserve . Just looking at the fundamentals of individual companies which is what we do best in cramerica, i think its worth wondering what might happen if we stay on evq we need it know if the market has gotten too expensive, or if its got more room to run. Especially with oil having a monster runoff just today because of tension with iran so lets zoom in on the top ten performances in the Dow Jones Industrial average, 2019 see, this will help us put in context so we understand how we got up here and whether it is dangerous, whether its safe, whether it makes sense number one is microsoft. Its a trillion dollar household name with a stock thats up
He was not the best student in high school, he was a c and d student but he loved to rock climb. He was already, as a teenager, a worldfamous rock climber. He had been on some rockclimbing magazines of the young prodigy and all he did in class was think about rockclimbing and one day he went hiking in Mount Washington New Hampshire with his friend in the ice climbed and they got the top of the mountain, the wind shifted and they were in the middle of a blizzard and they went down the runway. They descended into the wilderness. They wandered and they got lost and they almost died and they were rescued on the brink of death and he had severe frostbite in both his legs were imitated below the knee. The doctors told him he would never walk or run or climb again and every night he would go to sleep and he would dream that he was running through the cornfields behind his parents house with hair, the wind running through his hair and he would wake up and see his legs were gone and was devasta
Asked what they thought of todays news so i quit my job and i went about as far away as i could go and i moved to the country of cambodia and i spent a year and a half there reporting on events there and it was amazing. The country was emergingfor 30 years in the civil war and genocide. 24 people died of starvation and disease and what struck me while i was there was the human resilience. It was very noble experience. A lot of information, but just seeing peoples lives and how they bounce back, it changed the way i looked at journalism and what i wanted to do and when i came back, i wanted to write more about the theme of human resilience and i found in the United States one of the most exciting stories of human resilience are being written by technology and thats really what my book is about. Its a book about bioengineering im sure youve heard about and you know, i guess my presentation is less datadriven than some of this stuff but when i tried to do was put some of these things we a
To be here. Im here to talk a little bit about my book which is called the body builders, inside the science of the engineered human and some of the trends that i reviewed. Its funny to be here because im i left d. C. , i used to cover capitol hill a few years ago, i left and said i was never coming back. It actually relates because i covered congress for a newspaper in new jersey and i left in the middle of the Monica Lewinsky scandal. My job was to stand off the house floor and ask every congressman what they thought of the days news. So i quit my job and i went about as far away as i could go and i moved to the country of cambodia and i spent a year and a half there reporting on events there and it was an amazing experience, people were the country was emerging from 30 years of civil war, from a genocide in one one in four people died of murder, starvation and disease. What really struck me while i was there was this theme of human resilience and it was a very valuable experience af