Page 49 - Bob Nardelli News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Unfortunate if that is to occur. >> neil: if she gets her way. >> yes. you saw warren buffet put in a significant amount of money into the banks today, which is a real vote of confidence. >> neil: specifically j.b. morgan chase. >> yeah. >> neil: he's betting on banks. >> if they slow it down -- they've done a great job in passing the pressure checks that they have been imposed from the 7, 8 and 9 crisis. the banks are much more under control, much more cognizant of the lending and the lending issues. it's really going to put the brakes on which has opinion a very robust economic situation, ne...

Neil. >> neil: thanks. ashley webster. we were down 200 points on that on the idea that we were exposed to trouble in britain and europe. but then we got the new data from china that they might cobble together the broad outlines of a truce. whatever that means is anyone's guess. let's get the reed from bob nardelli. god to see you. >> thank you. >> neil: all of a sudden, sellers became buyers on the notion that they can settle their differences with china and walk towards a truce. that was a reminder that this china trade thing is a big, big issue of concentration. >> it's a big deal. i couldn...

Ward. the dow up 55.5 points. with us now, bob nardelli, former chrysler ceo. you told me during the break, as important as this putin dust-up is and what the president said or didn't say, you're far more focused on trade issues. >> yeah. it's unfortunate that depending on what was said or not said or intended that creates such a distraction. as i talk to my fellow ceos, the economy is really percolating here. if you think about where it's going in speed of tariffs, in spite of sanctions, in spite of some of the things being discussed. i feel optimistic about corporate america. they're turning...

>> neil: bob nardelli from home depot, ge big wig. you name it. what a resume. when we come back, you wonder what was going on in the room when the president was meeting with aides, lawmakers talking about a tax cut and then this need to address the putin thing? what was it like in that room before the president issued his maya culpa? we have a guy there was there after this.

Pathway to relinquishing our freedom. when we as people, a free people, go wobbly on the truth, even on what may seem the most tri trivial of matters, we go wobbly on america. >> the former secretary said the pursuit of america's future must be fact base and not wishful thinking. tax cuts left corporate america flush with cash. one cheerleader says those companies will spend on themselves. here is bob nardelli. >> i they are reinvesting. they are adding more research and development. in today's world, you innovate or evaporate. >> new numbers back up what he is saying. s&p 500 companies are ...