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You know folks its been a really intriguing session so far with more winning sectors than losing sector which is is actually the reverse of earlier sessions this week when there were fewer winners but those winners were able to lift the s p 500 to a five day winning streak coming into today s session now the old momentum crowd looks tired in their new momentum darlings like overstock continues to surge, weve overall a remarkable week on wall street, but there does seem to be some confusion on where investors should be taking their next queue, so what do we need to do to keep this rally going into next week . I want to bring in global president heather zumaraga, Ci Financial Company rob luna and Strategic Wealth planner ceo mark tepper. Heather earnings season is a Huge Positive solid unemployment numbers this morn ....
By president bush. Have a listen. Always prepared, never haas been a country more prepared. I spent, i spent 1 1 2 trillion dollars. Were spending another 738 billion now. I spent 1 1 2 trillion dollars rebuilding our military. Obviously china is a threat to the world in a sense because theyre building a military faster than anybody. And frankly theyre using u. S. Money. Neil all right. So the president linking these two developments. Keeping an eye on both, iran and china, two very Different Cases to say it mildly, the target of iran is its central bank. Iran is all about black markets. Doesnt deal traditional fashion shipping out money. The central bank, trying to freeze assets coming in and out of there, the flow of funds there, might do that in the sort of the official diplomatic way but the fact of the matter, iran is notorious for finding endruns around that, working with other countries that help them find endruns around t ....
Prompted money guys to were in his camp. Neil the dow up 250 points. Edward lawrence what might be the fierce of all this an extended trade war. Reporter the president in almost a News Conference before he left, uploaded some very critical thoughts about a trade deal with china. Listen. Were talking with china. Were not ready to make a deal. Well see what happens. Weve been hurt by china for 25, 30 years, nobody has done anything about it. We have no choice but to do what were doing. Reporter the president upping the ante and pressure on the chinese economy. He says no u. S. Cop will do business with huawei. That will halt of process of 35 Companies Going through for a special license to sell to huawei. The u. S. Labeled china a currency manipulator. The yuan hovering seven to one with the dollar lessening impact on tariffs. The president doesnt want to artificially weaken ....
The president president tgif, everybody. The Unemployment Rate has fallen to 4. 9 . Even as more americans join the job market last month. This is the first time the Unemployment Rate has dipped below 5 in eight years. Americans are working. All told over the past six years our businesses added 14 million new jobs. 71 months of private sector job growth. Over 2014 and 2015 our businesses added more jobs than any time since the 1990s. Most importantly this progress is translating into bigger paychecks. Wages have grown at their fastest rate since the crisis and the policies i will push this year are designed to give workers more leverage to urge wages and explosions. Unemployment, deficits, gas prices are all down. Jobs, wages, and the rate of the insured are up. I should mention, by the way, since i signed obamacare into law nearly 18 million americans have gained cover ....