Housing Mark News Today

at the very least, its of course theres a lot of court intrigue going on in american politics and a small percentage is public. one day you wake up and kamala harris is the vice president. how did that happen, you wonder? nobody will say. you can be sure theres a story there. heres the latest example of unexplained weirdness in the news. mike pence of all people has swooped in to save joe biden. yes, mike pence. a man so pure he wont have dinner with ladies not his wife. mike pence had...

And as by design, it was confirmed today that this country is in fact sending more m-1 abrams tanks to ukraine. is it obvious whats going on here? could it be more obvious? a reporter with the american conservative wrote a great piece. hes joining us tonight. bradley, thanks. all the conversation about ukraine is cloaked in language from 80 years ago. hes churchill. what nobody says this is a huge business opportunity for the worst people in the world. >> yeah. zelensky just said the quiet part ...

Previously expected and we did see u.s. stocks take a turn and end the day lower. he vowed to take tough action because he thinks if inflation is able to run further, and run harder, then it could jeopardize the economy. investors in particular are worried about the impact of higher interest rates on the housing mark, so its a difficult balance to strike. in terms of trade this morning, it looks as though u.s. futures are pointing higher, so a rebound is in store but for sure investors will cont...

Heres the most interesting -- >> the core leaves out food and energy. good ahead. >> thats right. heres the most interesting part. healthcare costs to the consumer are not included either in either cpi. the core or at the regular cpi. basically 70% of what we spend is not even being counted in what the government is viewing inflation as. >> they arguing that when people see the price of above is rising they buy chicken. in other words, the seek out a cheaper alternative and it averages out to lo...

Gains in manufacturing an health care. what do you see these numbers telling us about the recovery? >> its a much better report than we expected. the wall street consensus was for about 125,000 jobs. so i think this tells us a couple things. first of all, that the private sector did not layoff as many people in response to the shutdown as we expected. they may have only put them on shorter hours which might explain the rise in part-time employment better was talking about. the second thing we co...

More discretionary income to spend. they wont have that. however, if mortgage rates start to go up we may see an uptick in the housing mark. people will say they are going up and i have to get in now. >> gregg: lets talk about g.d.p. growth theshlg had to revise the first quarter from 2 hadnt 4% to 1.8%. second quarter looks like under 2%. will higher interest rates dampen consumer spending really killing g.d.p.? >> yes, because money is more expensive were higher interest rates. weve seen a rea...

Those people who couldnt by before because of whatever conditions, they wont be able to buy houses if you keep rates low. youll find all sort0s regulators and conditions for getting a mortgage that they wont satisfy and they wont get it. >> i hear talk that looking at what is going on in the market, and all this promising stuff, rising interest rates, and he will bend to the pressure, say something like, im not going to cult off the printing presses entirely. no. relax, boys. you dont think hell...

It had been flat until the federal reserve announcement. ben bernanke spoke to the press less than an hour ago. investors were word about scaling back the economic stimulus program but it didnt. investigators didnt seem to like that. rich edison has this new. we were in a meeting and i got an alert from fox the fed made this move. oh, stocks are going up. nothing. >> its in a perverse area where there was some good economic news and people say thats the early signal that maybe theyll dial it bac...

Upward and the previous month, too. so over the last year two million job add. thats not a -- a slow-moving recovery, truly, but its a recovery. >> shepard: are you starting to feel it? recoveries are things that sometimes you feel in your own community. new york is not representative of the rest of the nation, i know. theres a lot of movement in our industries. my family is in mississippi. its booming. there are more jobs. everything feels better. >> the housing mark is showing that. so almost ...

Driver is the cost of energy. >> the u.s. is producing so much natural gas theres talk of actually exporting it, meaning hundreds of billions usually sent overseas to buy energy would stay here at home instead to boost the american economy. john? >> the question, of course, jim is will the policy follow the promise? jim, thanks as always. wall street finished the week with a strong friday. the dow was up 49, the s&p 500 gained 8 and a half, the nasdaq finished up 29. heres a sentence we have...