From cash at this point. Energy stocks on average between 1416 of the smp 500. Now, 14 . I thought last time i heard it was 2 million when i asked the question last time. You would be selling 2 million in stocks to fund a 100 million account. Now you are saying it would be about 14 million, is 14 million worth of stocks to fund this account. Yes, that sounds correct given that i believe exxon mobil 2. 5 . And plus all the other Energy Stocks you are going to get 1416 . You are selling about 14 of stocks and 14 million in oil stocks. Thats correct. We would have to rebound the other names. There will be more transactions than just that. If we do that, will it have any mitigation on Global Warming if we did this . No. The reason is to change Global Warming, you need to change Consumer Behavior or Company Behavior. All the divestment does is change the behaviors. Its either through force or regulation. I appreciate that comment because we have heard some passing arguments from the fossil
The funding would likely come from cash at this point. Energy stocks on average between 1416 of the smp 500. Now, 14 . I thought last time i heard it was 2 million when i asked the question last time. You would be selling 2 million in stocks to fund a 100 million account. Now you are saying it would be about 14 million, is 14 million worth of stocks to fund this account. Yes, that sounds correct given that i believe exxon mobil 2. 5 . And plus all the other Energy Stocks you are going to get 1416 . You are selling about 14 of stocks and 14 million in oil stocks. Thats correct. We would have to rebound the other names. There will be more transactions than just that. If we do that, will it have any mitigation on Global Warming if we did this . No. The reason is to change Global Warming, you need to change Consumer Behavior or Company Behavior. All the divestment does is change the behaviors. Its either through force or regulation. I appreciate that comment because we have heard some pass
Good to have you back. The dow trading at yet another record high this morning, before trading into the red just now. The nasdaq largely left out of the rally last week, added to its losses this morning, but its not just stocks. The dollar trading near 13month highs, the tenyear lead at its highest level since january, and, roger, a lot of people unprepared not just for the political outcome, but the market response to that outcome. Clearly, if the last few sessions are any indication, were in for more chop. I have no idea where this is going to shape out, but seems the one thing that had to happen, the surprise was so great, there were two or three industries, like banking and other regulated places, where essentially we saw 180degree shift that moved from clinton to trump meant you were going to go from heavier regulation to essentially much less regulation, and for bank stocks in particular, that caused a massive increase in enthusiasm. Which is understandable. So, as that repricing
Pacific forces and we will talk more about that this morning. I want to offer you the opportunity including our online viewers including twitter and youtube. He has a command pilot although he says that is not the end all the all of why he joined. He was commissioned from texas tech. He has commanded many Different Levels but what i think my favorite partas military kids. You have two grown sons we talk about regularly. Thank you for coming here. My pleasure. [applause] its on the screen. Thats for anybody who wants to send in your questions. I thought we could talk about air men and their families. There is still about a lot of data recently, not just financial but some surveys that troops are worried about fighting. We hear about the mitigating of inflation. That must be front and center. Im looking at a budget request in for next year which starts in a few weeks. It would be for present and theres a new department of labor report that puts defense purchases closer to 15. Thats a lot
Talk more about that this morning. I want to offer you the opportunity including our online viewers including twitter and youtube. I know he needs no introjection, introduction, general brown. He is a command pilot but thats not all hes about. Hes flown a variety of aircraft. He has commanded at many different levels. What i think is my favorite part is that he and his wife grew up as military kids. You have two grown sons we talk about regularly. Thank you for coming here. My pleasure. [applause] its on the screen. Thats for anybody who wants to send in your questions. I thought we could talk about air men and their families. There is still about a lot of data recently, not just financial but some surveys that troops are worried about fighting. We hear about the mitigating of inflation. That must be front and center. Im looking at a budget request in for next year which starts in a few weeks. It would be for present and theres a new department of labor report that puts defense purchas