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1 2 3 boeing is having a big day today. The reopening trade is in full effect Piper Sandler is up today. They say the pain trade is up. They reiterate their 3,600point yearend target for the s p, which sounded crazy when they first put that out, but now i wonder if we have to start looking at that as a coming formali formality, as crazy as that sounds look, ive been adding capital to the market and if you asked me a month ago what i would be doing, i would tell you, i would be down 50 in my exposure not for performance, but for taking money off the table this has sort of hit the frenzied period. The reason why its doing that is because its a valuation holiday, its a fundamental holiday. And when you see things that are happening in the real world, the social injustice, the division in the u. S. , the division in terms of International Relations with merckel not wantin ....
Less normally. Lets start there, jim, in terms of the market overall. I have a lot of insight this morning to share on the credit markets where i tend to be focused of late. Like to come to you. When you see a rally, the likes of which we may at the open this morning, what are you thinking what i think about when i see this, the market got oversold, people last night went home thinking theres no possibility of any sort of deal. Without a deal all you have is the fed making sure theres liquidity but nothing in the hands of the people. If you dont get money in the hands of people, people will look at the landscape and say its really just falling apart something has to get done. Now theres an expectation that something will get done. If we dont get something done today with the senate, youll give up this whole rally youre banking on the politics getting together for something, otherwise this rally will be comical and you will wish you never bought in. Well be able to offer hopefully peopl ....
States International Leadership in 5g act as amended. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 3763 a bill to direct the discriminate to provide assistance and Technical Expertise to enhance the representation and leadership of the United States at International Standards setting bodies that set standards for fifth and future generations, mobile, Telecommunications Systems and infrastructure, and for other purposes. The speaker pro tempore pursuant to the rule, the gentlewoman from neverauskas, ms. Titus, and the gentleman from texas, mr. Mccaul, each will control 20 minutes. The chair recognizes the gentlewoman from neverauskas. Ms. ....
Out to new highs deedra bosa has details on alphabet. Larry page stepping down as alphabet Ceo Sundar Pichai ceo both of google and alphabet in terms of day to day unlikely to see major changes which is why you may missouri not see a lot of change in the alphabet stock. Under google umbrella pichai ran advertising cloud devices, software he has been ceo since august of 2015 since then alphabet stock has soared relative broad are market but underperformed wig tap peerings remember the split from alphabet to google. Alphabet was the place where the moon shot including way missouri, selfdriefgt stores internet balloons and health care projects. Perhaps the question now is what happens to those moneylosin initiatives . Will we see more financial zmin under pichai and ruth porat from wall street mo has been known for financial dplin. As pichai steps up does he step away from those and the traditional businesses like advertising payi ....
Social network well tell you why it matters on tuesday, october 8 as Worldwide Exchange begins right now it is raining outside. The team is the song is called a fool in the rain. Good morning, good afternoon, good evening from wherever you are watching talk about one specific trade war casualty check out ambarella. Theyve got a lot of exposure to china. Now just 10 one company specifically that was black listed overnight as soon as people connected the dots between the black his of hick vision. This is an exact and specific example of how American Companies can get hit like that. Well get more on this and other stories. Trade likely to dominate trading again. Twists and turns keep coming futures right now, they are actually lower after a drop in the dow yesterday. Even with these drops we still remain within 2 of the alltime high it has been a daytoday story bonds, th ....