Ginsburg made the political picture in washington significantly more complicated with some analysts saying the odds of another round of stimulus before the election falling sharply. Bank stocks are getting crushed today as well amid new report about major firms dealing in suspicious funds well have more on that in just a bit. We have 59 munz left left to goy volatile session still make for the worst day in a while. Percentage terms, were down 2. 2 as we stand ahead will be all over the selloff in the final hour of trade. Billionaire investor Mike Novogratz will join us with his take on todays plunge and whether he is buying any of the dips after three straight lease losing weeks and well speak with john kerry in an exclusive interview. Well get his take on the Supreme Court, on stimulus, on the election and that final month run in of campaigning which, of course, he knows so much about lets focus in on the big stories were watching on a very busy day of news mike san toll toli is track
Tonight, one exit plan. Plus stephen welcomes keith urban and casey wilson featuring jon batiste and stay human. And now, live on tape from the ed sullivan theater in new york city, its Stephen Colbert cheers and applause theme song playing stephen hey nice to see. Delightful delightful cheers and applause stephen good to see you there you go Stephen Stephen Stephen Stephen stephen nice. There you go. A busy night. A busy night here. Spring is in the air. Nice to see you, chris. Welcome, one and all, to the late show. Im your host, Stephen Colbert. Another candidate cheers and applause yet another candidate has dropped out of the democratic race. And were getting a clearer picture of americas future, and it looks a lot like americas past. laughter and ill give you the latest in tonights edition of i have a plan for that. I beat trump. Corn pop was a bad dude aaahhh bing, bing, bong, bong. Fury road to the white house 2020 come on stephen now cheers and applause piano riff stephen folks
After we got the outline of phase one trade deal china President Trump has agreed to lower some of our tariffs in exchange for, it looks like, 50 billion a year in agricultural purchases. And some much firmer protections against intellectual property theft and currency manipulation. And those last two pieces, please, youve got to understand thats what the United States is fighting for thats the real meat of the deal we need Chinese Companies steal our patents and trade secrets and we need china to swear off currency manipulation. I dont know i assume the case. I think let me tell you i want to make this really clear. Ag is not what this is about but we got to spend some time on it because its what people are going to talk about. China has a history of not following through with its trade commitments. And this time, weve got powerful enforcement mechanism theres still going to be a 25 tariff on 250 billion worth of chinese imports with a 7. 5 levy on another 120 billion that had been cu
Nevine we could go with all three drivers, but if you are looking at the dow on track to close at a record a lot of Health Insurance stocks are helping take us there. Absolutely incredible the moves happening in these stocks. Theyve all really underperformed all year long because of all of what is going on in washington the rebate rule dismissal is really a very, very big deal because it would have made pbms extinct in the medicare world. Are you a buyer i am. I have been buying United Health care because the stock had fallen Something Like 25 from its december high, but even now down 13 from its highs. Trades at about 18 times forward system the real name to own, the levered one would be cigna, trading at a 40 discount to anthem, absurd, and they have the express skrip as a pbm the stocks are attractive, though and very under owned thats the real key here. Big moves in yields, ten year at 211 lots with stephanie to come over the next hour. Focus in on the big stories, bob is on record
Jack welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead. Im jack otter. Coming up, higher rates for longer, thats what the Federal Reserve signaled this week. Ill ask jack ablin what stocks investors ought to own. Then, new obesity drugs have the numbers going down on the scale, but it could be making Health Insurance more expensive for all americans. And later, the sphere is here. Well take a look at how you can make money off a Brand New Entertainment venue in las vegas. We begin, as always, with three things investors ought to be thinking about right now. Stocks down sharply for the week on the latest news of the fed. Investors are now looking ahead to next weeks key economic data. Then the Housing Market urn pressure. Mortgage rates remain above 7 , and existing home sales are nearing a 13year low as homeowners happening on to their properties, but investors can find attacktive yields. And finally, rocket labs stock hitting a taking a