Negativity and fear in beltway, surging new record highs, with dow hovering near 29,000, it closed up 211. And nasdaq breaking through 9200 barrier for the first time, this is bulls and bears, thank you for joining us, i am david asman, today jonathan he hoenig. And gary kaltbaum. There no better combination than massive liquidity, a ton of cash on the side line, an economy that is growing and earning that are starting to reaccelerate. Bull markets feed on themselve as greed picks up, let me tell you, i am a big believer not in the dow but in nasdaq and technology. It is en few ego en fuego. I believe it has been a while since we had pullbacks. The more that continues up and up the more likely there will be a period of time, it could be 4 or 3 days where you have a sharp selloff based on something. Other factor, gary knows, that when you have Interest Rates below 2 and a lot of cash looking for returns equity look treve, yield on s p 500 alone. Dividend is above yield on 10year treasur
For help getting liquor license. Matt delucia is live in center city. Bring us up to speed with the latest on this case. Michael wise on the stand for much of the day yesterday. Gave trips to california, las vegas, and florida. Also a car in ses exchange for favors. He told the jury he knew by giving him the trips he would get the license. Another topic, he knew Seth Williams was getting expensive gifts from muhammad ali he would have gone to the fbi sooner. This was help at a racial profiling case at the airport. Says it was his duty to investigate that, but he told the court something was not right about the meeting which he claimed ali pressed for better treatment upon reentry to the country. Not something you can always put your finger on. I felt something wasnt right. I felt the best course of action was to run through the counter parts at the fbi. Defense claims he was helping ali as would any elected official. Expected to hear more. He was given a badge naming special adviser to
Right now rude drivers in philadelphia . Cant be. Why drivers right here are being called some of the nasty yesterday. And one minute a peaceful evening and quiet neighborhood and the next a bock truck plows into a house. Now, fox 29 news at 10 00. Breaking news out of kensington right now investigators say a 26yearold woman was shot one time in the leg. This happened about an hour ago in the 2800 block of north lee street. The woman was taken to Temple University hospital. She is in stable condition right now. Philadelphia police have the gun but right now they have no arrests. Now to that truck crashing into someones home earlier tonight. Tonight we are learning that there are injuries as well. Good evening and thanks for joining us. Im iain page. What caused this nasty crash that left a gaping hole in a Montgomery County home . Well, for the developing details lets get out to fox 29s dave kinchen joining us now from the scene in lower providence township. Dave . Reporter well, iain
The air as the car sped off. No swerving, no braking going approximately 60 and the officers flashed their lights into the car to try to get the persons attention. No respect here for nobody no more. No pre inspect for nobody. Reporter no officers were injured but several police bikes were seriously damaged. Police and people in this commune juniata neighborhood couldnt believe this happen. People are crazy down here. Every day you see something different. Crazy down her does were operaf this was intent given the person didnt stuff the Police Presence that was there. Reporter investigators searched the area for the car and driver visited several businesses looking for Surveillance Video of the ca car car and driver speeding away. Come in and tell us what happened. Maybe they were slightly distracted whom knows. They can clear that up for us. Police made two arrests in connect with the original carjacking investigation they havent found any video of the car in the crime scene incident.
The air as the car sped off. No swerving, no braking going approximately 60 and the officers flashed their lights into the car to try to get the persons attention. No respect here for nobody no more. No pre inspect for nobody. Reporter no officers were injured but several police bikes were seriously damaged. Police and people in this commune juniata neighborhood couldnt believe this happen. People are crazy down here. Every day you see something different. Crazy down her does were operaf this was intent given the person didnt stuff the Police Presence that was there. Reporter investigators searched the area for the car and driver visited several businesses looking for Surveillance Video of the ca car car and driver speeding away. Come in and tell us what happened. Maybe they were slightly distracted whom knows. They can clear that up for us. Police made two arrests in connect with the original carjacking investigation they havent found any video of the car in the crime scene incident.