Of smoky stuff was in the already couldnt see very well my swim googles fogged up. I didnt feel any burning. Those without respirators began leaving. Huge explosions were going off in front and behind us. S linked arm and stood together suddenly all of these big officers in riot gear with about atons trying to push us off the steps of the justice center. We tried to holdd but then one mom was pulled group of officers and they started to drag her away. She must have said something inflammatory but she was linked r officers who said, pull her down, get her on ground. They pulled me to the ground and grabbedac someone from the moms said, lets go. They are surrounding us, we cant do anything now. Bu swim goggles had leaked and my eyes were burning and tearing and i couldnt crouched on the ground in a ball and put both hands up. Then i if i was okay, if i could stand. I couldnt because i couldnt see. At least one of them said, im trying to help you. The crowd was yelng leave her alone and c
Ceo tim cook pledging the company will break ground this year when it comes to generative ai. Okay. Those shares have been in a bit of a slump lately, for the past six months. Elsewhere, in less than an hour, we will set you up, as well as looking at overtime. Underperforming tech, and why it might be a great thing for this bull market. Work with me here. Lets welcome in josh brown, the ceo of ritz holds wealth management. Its great to have you back. Its Piper Sandler today, which says broadening out. I would say, it feels like no contest, let broadening out. Over the last month, discretionary is up seven, materials up five, these are percent, financial healthcare up 4 . Tech is only up 3 . What you thing of the story . I will tell you the problem, people are looking at the russell 2000. They are missing the boat on whats really happening here. There is a bifurcation taking place between large and small, mid caps somewhere in the middle. That part is true. The question is, which one do
The transition of power from one president to the next is a very complicated process and it actually is getting more complicated by the year. It doesnt always go so smoothly. A new book takes us behind the scenes. How george w. Bush and barack obama managed a transfer of power. Its by political scientist and professor martha joint kumar. Martha welcome to press pass. Thank you for having us. Well talk about that part of your studies later. So the book before the oath, its interesting youre focusing on this transition. Historically it might be the smoothest transition of one president to another from two different parties in our modern history. It was very very good transition. And i think one of the one of the reasons why was all the attention that president bush and his team and the white house and the administration the attention they put onto an early preparation out. This was two big lessons that focused the Bush Administration on this. Number one was how short the transition was,
Gold was making a bid for 1300. Now coming off that potential. Over,continues to roll separate from the macro events we are seeing there. It is down 0. 6 . David dan coats will testify before the Senate Committee on intelligence. At 10 30, we get weekly crude inventory numbers for the u. S. We expect supplies to fall. President trump continues his infrastructure week, traveling to cincinnati, to talk about investments in waterways. Jonathan we begin in spain co popular has been rescued by santander in a takeover. Seeing debt surging. Joining us to discuss more on the acquisition is Bloomberg Intelligence ajit. It will not make sense to people outside the markets. Market, this makes a lot of sense. Walk me through the junior debt and the senior debt. What has happened is overnight the ecb has market, ta lot of sense. Deemed popular is likely to fail. Debt,eans the tier one the tier to get have been two debt have been written down. Two has been converted into shares and transferred to sa
Its obviously a report that was somewhat shocking for wall streets economists. But i would say if you look at the reaction in stocks today, its fairly muted. Dollar down about a percent and a half. Gold is up 2. 4 . But its kind of sloppy. That charts all over the place. But then you take a look at equities themselves. And pretty clearly you can see the nasdaq, after being up seven days in a row, is down 0. 7. Small caps down a little bit more than 1 . S p, large cap nams are really down barely. Yeah, because because the market believes that june is now off the table. Isnt that the because a weakening dollar is not a negative for whats been ailing the market in a positive. Q4 and q3 of this year were going to lap what went on last year with that dallas racing higher, wrecking the earnings of the commodities. A plunging dollar but a weakening dollar is being viewed as constructive. Liesman, what happened today . You know, im looking at you. You got your hair all together. Your suit is w