Not much. I think probably the most likely is some indication of cost cuts to come versus the company being in play. Theres been a significant deterioration in the revenue run rate of the business and i think youre going do see the company have to address that in the near term. Are dorseys days numbered . I think the Management Team has six to 12 months max probably closer to six months to be able to firmly get a turn around plan in place at which things start to look like they need to change. So a couple of quarters max is what he has . That seems like thats a good range. What about the business itself, is a deal likely . Do you think theres a buyer out there and at what kind of price do you think wed be talking about . A deal is possible with a company of this size and the user base that it has. I think the challenge that twitter has is you have a business thats decelerated meaningfully from levels in 2014 where this business was growing 100 year over year to exiting in the Single Di
Thats the catalyst. Seems to be. This is fed fear front and center. Yes. I am very calmly panicking, scott, which i think is appropriate. No. Whats really going on, biggest decline for the tft going back to 2015. Not big. Less than 3 . Could be worse. Last night on the double line call probably were as widely heard and reported what he said, those who might have missed it. Im going to quote. Interest rates bottomed ebott. May not rightness near term as ive talked about for years, i think its the beginning of something and youre supposed to be defensive. Fine. You see this, people start to freak out or calling a growth scare, i find adorable. The reits will catch a cold. Utilities catch a cold. Thats a big area in the market. What happens if the overall market catch as cold . Tony dwyer suggested a correction. Could be 5 percent pr . I hope that happens. Let me finish my thought. Go back to prebrexit, june 2nd to fi june 22nd. You need fear in the market to work to the upside in the int
What if the fed hikes anyway . With us for the hour, joe tear ra noev dia, stephanie link, josh brown. Josh, you tell me. Another ugly read. Nonmanufacturing backs up last weeks manufacturing report, disappointing. Jobs report below expectations. What happens if the fed goes anyway . Whams to stocks . Could be an adjustment. Look at the history of surprise hikes its different from the history of well deteltelegraphe hikes. I dont know if its necessary. A whole cult of commentators saying, about time. We finally have this over with. Plus, you have no idea what the accompanies statement will be, if they were to go and then say, well, this was really a dovish hike or whatever it is were creating. Look at the big picture, scott. U. S. Stocks mixed. The phangs are going nuts. Same old same old. New alltime highs for face bbo, google a lot of the action is overseas even so. Look at emerging markets. Eem up 1 po. 7 on the day. And since august. Best run since august. You have to pick your spo
The tape in the hour ahead. Joe is today a day to sell stocks . On this rebound of sorts . If you are an investor, then i think over the first couple of weeks of september, you want to take cash levels in terms of equities holdings, somewhere 20 , 30 . Im fine with that. I think the market is in a vacuum right here for an investors portfolio, yes, i would be modestly raising cash. If you are a trader, and i think what land on friday and whats happening today is a trading event. Then youll be using options and hedging etfs on volatility and things of that nature. The play of the market over the next couple of weeks. I think thats more a trading circumstance, and i think whats going on in the market right now is a trading event. Lets just put this out right on the table right now. I any yellin has the votes. I tried to dissect them. Its up behind ow the wall. Foels, what we are looking at is my best guess of who is where, if there is a rate hike on the table. I would is stan fisher and e
Should employ in because im going to miss out. Go into disney . Not going to miss it. Apple . Not missing anything. Nothing is going on until yellen pulls the trigger on the 25 bips or not. Got to wait for that. Guys arent meeting without britain the first time. Hear what they have to say. Show me why i should employ this cash . What about you, josh . Clients tie you up. A check for x number of millions of dollars pup say, you know what . You wait. Listen, the absolute deal with this. Where its new client, or respective new client and a lot of them in cash, sometimes not for like waiting, miss the whole rally. Sometimes sold business. Decides, all did or all out. One of the things that makes sense to answer the question, dollar plus averaging. Another thing that might make sense, instead of focusing what am i missing the next three months . Buy on the day. Missing in the next ten years if i quote unquote wait for the right time. Not suggesting anybody do that. Not heres all my money. T