Page 44 - Dick Grasso News Today : Breaking News, Live Updates & Top Stories | Vimarsana

governments money. also, investors are worried of the start of earning season in the united states kicking off with alcoa after nine consecutive quarters of growth they are warning earnings could be plat and small business confidence slipped for the first type in six months supporting the notion that maybe economic growth is slowing. all that chipping away at the blockbuster first quarter we saw. there is a silver lining, oil is falling, that is good. and it is possible wall street is overly worried about corporate earnings and companies will surprise the upside so you have to stay t...

what happened? >>guest: well, it started in european as a reaction to unemployment numbers which came out on friday and were below expectations. also, investors are weary of lending italian and spanish governments money. also, investors are worried of the start of earning season in the united states kicking off with alcoa after nine consecutive quarters of growth they are warning earnings could be plat and small business confidence slipped for the first type in six months supporting the notion that maybe economic growth is slowing. all that chipping away at the blockbuster first quar...

corporations do what they do best. and that's make money and create jobs and plus, brenda, they don't even have the money for another stimulus. look at in five years, our debt has gone from 5 trillion to 10 trillion and how can you be talking about a stimulus and think about short-term. so far this year, since the budget season started, we have spent 1.5 trillion, and took in 869 billion. oh, my gosh, we're spending twice the amount that we're taking in, how can they even be thinking about talking about more stimulus and we don't need it. i think it'd be a huge mistake and do nothing...

the economy starting to add jobs again, as stimulus dries up. is more spending the answer? >> no, absolutely not. i mean, i think the reason why we're finally seeing some positive job growth is we don't have the stimulus, so, the government needs to sort of get out of the way and let corporations do what they do best. and that's make money and create jobs and plus, brenda, they don't even have the money for another stimulus. look at in five years, our debt has gone from 5 trillion to 10 trillion and how can you be talking about a stimulus and think about short-term. so far this year,...

>> it has been two years in the planning. >> yeah. >> and i -- kudos to the whole gang behind the scenes who have done such a wonderful job and i know you are going to enjoy t let's face it, it is an historic moment for us as a news organization to be broadcasting from the floor with this established set on the new york stock exchange. >> i think for the traders, it is a built bittersweet because when you consider the fact that this was a major post, post 9, with so many companies trading here over the years, and now it is actually a tv set, which is extraordinary. and who would have...