Who is out. Khouws house, not his house per se more like his housing stock. Mike drops the mic with one play its time to risk less and make more options action starts now. And lets get right to it, health care having a bit of a hangover this year up just 6 and the second worst performing sector of the year behind energy. Names like biogen. Centene. The space down double digits in the cross hairs of late as the 2020 president ial election draws closer but our chart master carter worth has a positive prognosis at the space and he is at the plasma he is not yet at the plasma. Not yet. Are you going there. Im waiting for permission. You have my permission. Banished from the desk. Thank you this has obviously been a dud. Whats interesting is it was a year of risk off in highly defensive areas of the market, specifically utilities, reits, staples winning. Health care is the other area thats defensive but offensive in which i think at this point its a hedge you win, tails you win. Lets talk a
Decision. Bullard should have called for 75 basis points and he could have the job when powell steps down to spend more time with his calculations. I agree completely with bullard, his dissent on 50. Whats he thinking . Then i read his comments and said thats pretty smart it made total sense to me. On the bullard side, this gives you a sense of why its so reasonable i would be watching very carefully for any signs of a downturn. Of course, there are views on the other side as well, from the other dissenters i think the center of gravity, clearly the center of gravity on the committee is the second adjustment was appropriate. Thats right. Fed president jim bullard joins us here in just a moment josh got a cameo in that little mashup. Lucky you didnt wear the same tie. Some of my best work. Yeah, you have to give me the heads up on that. Building throughout the day, hopes of the trade deal, really good housing data. Yeah. What are you chalking it up to lets do housing first. Xhp, itb, ho
Continue to stumble along here. Theres a sort of sense, you heard the 1 00 show, that this cockiness is fading just a little bit. Buyers are waiting for a bigger dip, so you have got that no mans land. But with wareful careful what you wish for. Remember, today is the eyes of march ides of march. Somehow the ides of march and the god father seem appropriate particularly when our u. S. Debt eventually could derail the nation. They need an offer they cant refuse. Meanwhile, there are probably other potential black swans, and Larry Mcdonald knows a thing or two about that. Hes here to tell us what we should be watching for. And shocking new Real Estate Development broker commissions are about to get slashed, or should i say whacked, in theme with todays show . What does this mean for the if Housing Market and the economy . Major ripple, folks. Plus, record amounts of cash continue to pour into bitcoin, natalie burnell, she predicted all of this. All of that and so much more on making mone
Im melissa lee. On the desk tonight, tim seymour, steve grasso, guy adami, and lori calvasina. Shares of dollar tree plunging more than 14 after posting misses on the top and bottom lines this morning. Shares, which had been on a steady climb since october, seeing their biggest drop in nearly two years, erasing all the gains for 2023. Meantime, Williams Sonoma stock cooking up an alltime high today. The highend home goods retailer beating earnings estimates, upping its stock buyback plans by a billion dollars and hiking under the circumstances dividend by 26 . In the last six months, Williams Sonoma posted virtually the same gains as redhot nvidia. So, does todays action emphasize just howdivergent the high end and low end consumers are . This is a theme certainly that weve been hitting on for months and months, but this really seems to underscore that, guy. One thing for us to say, its another thing to see two stocks on the same day perform the way they did. Tim has discussed wsm for
Reportedly approached 21st century fox to buy all or parts of the company lets get to Julia Boorstin with the very latest. A developing story, julia, what do you know . Reporter the latest is that comcast is in talks not to buy all of fox but certain assets, the entertainment assets it would not include the broadcast network. Likely a similar assortment of assets that disney was interested in, plus sky in the uk and star in india those two International Assets are particularly important comcast, although its cable assets are here in the u. S. , Nbc Universal is obviously more global but this would really allow comcast to position itself more as an international company. We have confirmed with a source that talks are still happening between fox and disney and it would be with a structure similar to what disney was pursuing now we see fox shares up 5. 5 on the news, comcast shares over 1 certainly a lot of movement in this media space right now, melissa. Weve had earnings reports since t