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Better sales, higher profits from our Great American companies are why this market sometimes feels like you can buck anything. Dow gaining and nasdaq advancing 6. 9 to a new all time high even as the price of oil plummeted and the president s tax plan seems like it could be a real stretch to get through congress. First let me reiterate what i said all along about the markets doing really well. Not about trump or the tax cuts or the fed or the overall economy. Im not saying washington is a sideshow, not when its all over the front pages every day. Its certainly not the main event when it comes ...

Roger ailes, has died. It is said he died from bleeding on the brain caused by a fault or he was 77. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Emily coming up, donald trump saying and fbi director could be named soon. And is it the end of the internet . The first moved to roll back neutrality. Alibaba profit takes a hit. Andill head to hong kong put the fourth gambles under the microscope. A message to big tech with a 122 million fine for facebook. How theyre are pushing for tighter web security by clamping dow...

Roger ailes, has died. It is said he died from bleeding on the brain caused by a fault or he was 77. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Emily coming up, donald trump saying and fbi director could be named soon. And is it the end of the internet . The first moved to roll back neutrality. Alibaba profit takes a hit. Andill head to hong kong put the fourth gambles under the microscope. A message to big tech with a 122 million fine for facebook. How theyre are pushing for tighter web security by clamping dow...

Ring the register 24 hours ago, all i kept hearing was sell the news. The trump rally is tired. The guys too divisive. Hell never get anything done. Time to take profits. Oh, you heard it too. The bulls long in the tooth. The rotations are over. A lot of really smart guys said its time to get out. Buy the puts. Put on the shorts. Sell, sell, sell. Well, they shouldnt look all that smart today. Dow surging 303 points. S p pole vaulting 1. 37 . Nasdaq soaring 1. 35 . Hallelujah this is why i always say that group think is so dangerous. Many revered Money Managers came out in the last two months ...

Forbid, one day we get too restrictive policy that would end financial repression. Which year when we get there. Would we get there . Bill i think it would take longer than two years. To contract is neutral interest and right now it is below zero and it has been below zero the last five years. Prior prior to lehman brothers, it was 1 or 2 . What is the answer for a high level world that was damaged significantly in 2009 and 2010 . The fed is proceeding gradually. I think the neutral rate of interest in nominal terms is probably around 2 , 2. 5 . Is ituggesting 2019 is at 3 . It is approximatel...