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Not waiting for officials or even daybreak, they are still coming. Host those are the words and images that nbc used to open its special report on the night of november 9, 19 89. 30 years later, we are remembering that earth and concrete shattering day. Gallery,he berlin wall from the newseum and washington, d. C. Wass our socialism such a devastating failure. Cuba, venezuela, china, russia even the scandinavians are running away from it tremendously. We have such a generational divide here in america concerning socialism. They seem to be predisposed in favor of it. They do not know mao or stalicad after world war ii. Heres that clip. [video clip] until such time germany could reshape her own destiny, she would be divided into separate sounds of occupation, each controlled by an allied power american, british, french, russian. Economically, she would be treated as a whole. This the victors had agreed when they met to decide the future of germany. Even then, some had reservations about ....
Earlier losses closed at a record high. Thats kind of where our road map starts as it often does investors shrugging off Global Growth concerns. Stocks set to rally at the open. And records still within striking distance. Plus, broadcom eyeing symantec, my reporting added to bloomberg yesterday which broke the story. And mine. And jims give you more details. And pot shakeup, bruce linton out, telling cnbc he was fired from the Worlds Largest publicly traded cannabis company. Somewhat extraordinary. No. Wait. Having him on talking about being fired. Want him back all right lets talk about stocks. Looking to set a new milestone this morning s p 500 on track to open at an all time high. That would be the second time this week. Yesterday the index posted its seventh record close of the year take that, Global Growth concerns, t ....
Stocks and a retreat from record highs in the premarket. Amex, nike, and apple are all leading the dow lower. Plus, a big change at the top of American Express. Ken shenalt is stepping down after 17 years at the helm and 30 years later, lessons for black monday for todays stock market as stocks continue to break new ground we are set to open lower after wednesdays rally, in which the dow closed above 23k for the first time in the meantime, two dow components out with Quarterly Results this morning verizon posted revenues above consensus, helped by some Strong Performance in smartphones travelers, better than expected results, although it did suffer 700 million in catastrophic losses related to the hurricanes, harvey and irma. This nike downgrade, guys, is going to take some wind out of the sails, too you know, i ....
Or something hits fan were all going to regret that. To david asman and Charlie Gasparino on whether they agree with that. Charlie you bemoan the same wing with doddfrank. There is a bit of hypocrisy on former chairman volckers part he was part of the apparatus that created a massive regulatory structure kept the banks huge went that structure. Neil and left out fannie and freddie. I think he is write in what he says are there will be another crisis, it will be worse when it does happen with more risk in too few banks, but he is reason why we have this. I 1 wouldnt go that far. Neil let him answer. Would you let me finish. Let me finish. I am not wrong. You are wrong. I know what was happening in there. He was put in there add window dressing let me finish. He is my hero he did sleigh sla y inflation, he stood up to banks and wall street, and he was the put on this Committe ....
Successful internationally in my view is a lot of lessons in particular the periphery can learn from that. My friend is brilliant, but wrong in this particular case. Germany is doing the wrong thing in five different ways. Meanwhile, chinas leadership prepares to release its economic reform plan to the world. And on the on earnings front, vodafone unveils a 7 billion pound spending plan as weak trading in europe results in a record fall in core revenue. A warm welcome to you. The its has pledged an Aircraft Carrier and other vessels will go to the island as Recovery Efforts deny in the wake of typhoon haiyan. Well have the latest from manila. Back in london, sothebys is preparing to sell some of the worlds most expensive whines at its auction tomorrow. At 10 45 cet, are chinas debt levels heading to a breaking point . Chinas debt policy could be on the brink of some kind ....