Page 7 - Point Stuart News Today

Up another, what, 60, 70, 80 as of this morning. By the time we open, the dow will be, what, about 300 points away from 26,000, another milestone. Heres that big number, put it up again, please. The value of all stocks has now gone up 7. 6 trillion since the election. And more companies are giving employee bonuses because of the tax cut. Fiat chrysler and capital one are among the 14 companies to join the list in the last 24 hours. All right. Jpmorgans chief, jamie dimon, he says tax reform is a...

It is fascinating. Berkshire hathaway has 116 billion in cash. Hes not sure what to do with it. He wants to make deals but everything is too expensive. Buffet also made 29 billion well, the company did with the tax cuts. Whats he going to do with that . Give it to shareholders . Dont know. Warren is not a big fan of tax cuts. And we expect to hear a little bit later. The Florida Shooting will be discussed arming trained teachers, limiting gun purchases to people 21 or older, and the apparent bre...

Let us seek to build a more just and Peaceful World where every child can grow up without violence, worship without fear and reach their godgiving potential. As long as we are true to americas founding and the example that all of these great founders have set, we can all be heros to everybody and they can be heros to us as long as we open our eyes to gods grace and open our hearts to gods love, then america will be the land of the free and the home of the brave and the light onto all nations. [a...

Ive got a quick headline on amazons jeff bezos, he has quick money in his pocket. Roll postdebate sound bite number one. I know i dont trust president obama with all records. I know you gave him a big hug. Forgive me if i call it a hohum jobs report in july. 215,000 jobs report goody. The Participation Rate is still at a generational low, 62. 6 , thats not good. As for the markets, well theyre taking it in good spirit i guess. I say this every morning, pretty much dead flat. Were up one point, t...

All right, on the money front. There is trouble for the tax plan and its coming coming froe House Republicans. They oppose dropping the deduction for state and local taxes. Nine hightax states will take a big hit if the deduction was eliminated. 33 House Republicans come from those states, if they ban together, they could kill the president s tax plan. And this is the last trading day of the Third Quarter, oh, what a quarter it has been. Bottom line, if you were a stock holder for the last three...

Other than just person intendeding to because mass casualties before we table there will be a matter of process. [inaudible question]. No we have not. No we have not we have not located any items within the room, or his house at this point. [inaudible question]. Yes, maam it was a matter of normal practice. Whenever we use dynamic entry. That the number of weapons that for a bhail we have information he has been there since 28th of september. So i have no idea whether if he the house keepers fro...

Trump growth agenda. One more number for you, please. This rally has added 4,856,000,000,000 to the nations wealth since the election. Got it. Today the president travels to puerto rico. He will see firsthand the recovery effort. Personal insults coming in from the left. This opinion piece appears in todays New York Times. Quote an unfit president fails puerto rico. The writer, michelle goldberg, calls the president one of the worst people and a nasty show biz huckster. Well, on his trip today t...

Need tax cuts. You know, i think he watches the show. Are you invested . Maybe you are thinking of getting out maybe thinking of jumping in your questions about the market will be answered on this program today. Now, the fires in Northern California not contained. The wine tourist industry shutdown it is another Natural Disaster that is unfolding here. And a personal tragedy 17 dead, 2,000 homes and businesses damaged more evacuations. It is a financial nightmare for the state and the wine busin...

Separatist barcelona, standoff. Lets be clear, what we are seeing now has nothing to do with what we saw 30 years ago on this october 19th, thats when the dow fell 22 in one day. Thats a crash. [laughter] liz who is that . Stuart you could have gotten a better picture than that. How cute. Stuart i was fully functional. [laughter] stuart the crash shook the Financial System and shook me. Look at the picture. Ashley look at the hair. Stuart i had hair in those days lou dobbs on this program today....

The deduction for state income tax, thats a very big deal, look like its gone. Deduction for property tax, probably stays. Middle america gets help and so does business and 1 does not. Apples profit after facebook, amazon and microsoft, warning, dont disappoint, investors would slam apple and maybe the rest of the market too. It was the profits, huge number, 575 billion. Thats how much the value of stocks went up in october. Wow, indeed, ashley. Thats how a rally translates into dollars and cent...