Page 14 - David Tepper News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Josh brown, i love your general thoughts and perspective on hitting this milestone. Im not sure many thought back in april we would be here today, maybe one day but not this soon. You and i talked about this a little bit yesterday. The number one thing the bears got round was not the macro, in fact, the bears talking about persistently high inflation and higher for longer Interest Rates, they got all of that right. The thing that was missed by the people telling you to get out of stocks or to prioritize money market funds over longterm investing, what they missed was the unbelievable earnings ...

Popping today. Plus, cisco shares popping after the biggest slump in years. And ready for walmart as it gets set to release results this morning. It is thursday, may 16th, 2024. You are watching Worldwide Exchange here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being with us on this thursday morning. We begin with stocks trying to extend yesterdays recordbreaking rally. One that pushed all of the major indices, including the s p 500, to alltime highs. Past 5,300 for the First Time Ever and the 23rd record close of the year. Right now, it looks like things may get ex...

Yesterday to reauthorize federal aviation programs and would enact safety protections for passengers the Senate Passed a shortterm extension to prevent the current bill from lapsing later today and the house will take up the full legislation the house is expected to vote on it next week. We are learning more about the probe by the s. E. C. Into boeing reviewing statements over the Safety Practices after a panel blew off the alaska air flight back in january. We talked a lot about it investigators focused on the comments made by the Company Executives may have misled investors in violation of s...

From a nowlikely partial shutdown which could affect everything from Student Loan Repayment assistance to Mortgage Loan applications, to air travel. Hillary vaughn is live from capitol hill with the details. Everythings changing. Whats the latest, hillary . Reporter hey, david. Well, were looking at the impact that a possible Government Shutdown might have on the stock market. Historically, a short or long shutdown does not have a major impact on the stock market. Research shows during the last 20 shutdowns dating back to the 70s, stocks have been up 50 of the time during the actual shutdown, ...

Just not in qe times anymore. Youre in the qt era. It is a higher rate environment. Cant be the same multiples as before. It is not bad, just different. Just a different environment. Pretty clear from my conversation with the Hedge Fund Legend hes trying to figure out what the right multiin many this market is like all of you is. Is it 18 times, 19 times, 16 is it lower than that . If so, that wouldnt be great. Thats what he said. Not terrible, but he did tell me about a new investment he made yesterday. Know what he did . He got 6 on his cd for six months. So he put some cash there. Like a lo...