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Take a look at where we are trading about four hours of ahead of these earnings. Nasdaq going positive ahead of that print lots going on today. You have the trump tweet casting doubt about holding the election theres your market pricture lets kick it around nasdaq turns positive. Kramer thinking the stocks are set up for fall after the bell because they have run so much and yet you buy the cues into the print. Tell me why. Well, i bought the qs when the market was down because the market was down today based upon statements that came out from meadows saying they we are made far apart on a deal. Yet, you have some great earnings come out from the Tech Companies and qualcomm corevo. U. P. S. Also talking on the consumer side. I thought that the market was over sold. I bought the qs. I already sold out half of the trading position ill hold onto those a little longer ive got positions in every company reporting tonight. My exposure to ....
At 8 30 a. M. Eastern. Major retailer reportedly ready to file for bankruptcy. Commerce secretary wilbur ross will join me in 30minutes time. Markets look like this, fractional gain at the start of trading, dow industrials up 13 points and s p half a point and s p nasdaq up in 22. Dow trails finishing up 377 points, the nasdaq was up 32. Headed for third consecutive week of declines. Controversy is growing in general flynn case. Calling for fbi report that officials claim have vanished. Mornings with maria live. Global markets look higher across the board. Cac quarante is up 34 and dax index in germany up 179. Bank of england governor Andrew Bailey says negative rates are not being considered this following comment of jay powell this week and Germany Economy shrinking 2. 2 in the First Quarter. In asia markets were mixed. ....
That and so much more on making money. Charles right now tariffs are due to hit china, next month, december 15th. Looks like it will not happen. I want to go to Edward Lawrence live in washington with more. Edward if. Reporter the big news, charles, the big headline, the chinese expect no new tariffs to be added. They do expect the current tariffs to be rolled back on items proportionally by both sides if phase one deal can be reached. This is according to the Chinese Commerce ministry. Now, u. S. Source within the Trump Administration confirms this report is generally accurate going forward. Also the chinese trade forces told by the u. S. That the december 15th tariffs will not be added. A u. S. Trade source says if there is a phase one trade deal finalized. That would likely be the case. The tariffs are at the ....
And that means any grand bargain to avoid the fiscal cliff will slice away at one of the nations most popular programs. Medicare is clearly in the gunsights. Reporter its possible congress and the president could agree to save 300 to 400 billion from medicare by cutting fees for doctors and hospitals. But analysts worry slashing payments wont make the Health Care System more efficient. This is not really a way to structurally change medicare and if you dont change the underlying incentives, you dont get longterm savings. Reporter progressives at the center for American Progress say the government could save close to 150 billion by squeezing the prices the government pays for drugs. But many of the president s allies reject the idea of aggressively raising copayments for patients. And they also consider benefits based on a patients financial situation a risky idea. If p ....
And that means any grand bargain to avoid the fiscal cliff will slice away at one of the nations most popular programs. Medicare is clearly in the gunsights. Reporter its possible congress and the president could agree to save 300 to 400 billion from medicare by cutting fees for doctors and hospitals. But analysts worry slashing payments wont make the Health Care System more efficient. This is not really a way to structurally change medicare and if you dont change the underlying incentives, you dont get longterm savings. Reporter progressives at the center for American Progress say the government could save close to 150 billion by squeezing the prices the government pays for drugs. But many of the president s allies reject the idea of aggressively raising copayments for patients. And they also consider benefits based on a patients financial situation a risky idea. If p ....