Page 4 - Don Kohn News Today

Address the nation tomorrow night. Theres a push to have syria hand over chemical weapons as michelle was alluding to. Well have a live report with the latest on this fastchanging story. And sitting senator takes on the Supreme Court. Elizabeth warren saying the justices are far too friendly to corporations and went as far to say the high court is becoming, quote, a wholly owned sunday bsy of big business. She didnt stop there. You want to hear her controversial statements later in the show. The...

Im not wearing socks. Im not wearing socks. Can i ask you a question . What do i got to do to get you out of that jacket . Nothing. It is hot in here. It is hot over here. You dont call him love gov, right . No. You do do you refer to him as governor when he left the office in that way . Or mr. Spitzer, ellioiot. Youve seen him at conferences and meetings and on cnbc. I like spitzer. He was kind of a i didnt agree with him politically a lot, but i thought he was a dashing figure with a huge futu...

Todays statement looked very much like the last statement. After that statement came out, money did move into stocks. Even though we know weve got some stocks for sale going into the final hour, we are we are pretty strong and in record territory in the s p 500. And for the dow as well. And for the Dow Jones Industrials. So this would be the secondbest month of the year if you like that. To stay tuned. All kinds of statistics to throw at you like that. Real good stuff. For more on how the fed ha...

We break the rules. Didnt make them stay in the guest house . Well just joking. He really sounds rich, doesnt he . I dont know how you created this whole sort of you were born with a silver spoon, im sorry, in your mouth. So great to be back from vacation. It is past 6 01. You said that before 6 01. Lets start with the markets on first trading day of august. July was the best month for stocks since january. The s p has now turned in 8 positive months out of the last 9, going back to november. As...

To maintain its pledge of increasing Monetary Base at an annual pace of 600 billion to 0 700 billion. T well be watching very chosely. European trading, you can see the stocks there are off a little bit too. The worst performances the ftse 100, down over 1. 2 . Down about 80 points. The u. S. Equity futures here are looking like they are also indicated lower. The dow futures are indicated down by almost 60 points. S p futures off by just over 7 points, and, again, the decline we saw yesterday, t...

About to speak, an hour from now, the tenyear yield certainly becomes important, at two seven. Interesting. Nothing really nothing. Yeah. Give your ro europe before w talk about yellen and the news of the morning as well. You can see largely green over there. What are we thinking . You know, wheres the focus here when we listen to her an hour from now start her first testimony, in the house and in the senate later in the week . Well try to figure out whether 6. 6 is the issue. The Unemployment R...

Will they begin the taper or not . The taper, word of the week. The word of the week as we continue to talk about it as it looms. The market seems to have its own message here. Up 70 point. Two big exclusive points coming up for you. Michael dell, off a big victory to take his company private. Hell talk to me about whats next for the company. If hes planning a dell mobile phone. If his long term plans to take dell public are on the horizon, once again, after taking the company private. Jim grant...

Additional boost to talk about which well talk about now. Yeah, certainly did. Joining us now to help break down the day is mark travis from Intrepid Capital fun, steve grasso will join us, and Rick Santelli is with us as well. Mark, begin with you. Nice to see you. Glad to be here, scott. This whole day into perspective and what youre thinking about the market, given everything thats out there, syria, taper, you name it. Well, i think that the market has decided maybe syrias not going to happen...

Stock exchange. It will happen ahead of the bell. Moving higher. Liz moving higher on speculations that the billionaire investor will make a big investment writing to clients asking them to commit a billion dollars to two new funds to invest in a major u. S. Company. Liz people think it is fedex. An economist and former finance minister was named to egyptian interim prime minister. Well an Opposition Leader will assume the vicepresident see. Pledging 5 billion in age eight. The united emirates o...

Actively now looking both internally and externally for a new ceo. You can see right now that the stock is up 6. 7 . We have had a lot of movers. Tracy thank you, nicole. We have that on this. Rob, you are saying that there is no right time. You just decided it was time to go. A major reorganization. Typically, you are in while it takes time to complete the process. Tracy that is kind of interesting. Second class citizens to facebook now. What is happening here . Well, he actually did a number o...