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The first model 3 built in china rolling off the Assembly Line and elon musk tells his employees quote, pay no attention to the stock price, unquote. Im Ashley Webster in for stuart. Varney company about to begin. Ashley lets take a look at the gains for the major averages this year. Wow, oh, wow. The nasdaq, 35 . The dow, 22 . The s p, a mere 29. 25 . Joining us now, market watcher keith fitzgerald. Fitz, for big gains for next year . What do you say . Why not . Oh, i think weve got all the right things in play. Weve got record consumer confidence, great economics, companies growing. This is a great time to be alive and be an investor. There is always a possibility of shortterm correction but you know what, even a busted clock is right twice a day. Ashley more and more of those socalled experts are calling for that correction. Ten, maybe 20 . Whats going to trigger that . Wel ....
Now, georgescu has a new mission. Having seen the worst socialism has to offer and what capitalism at its best can mean for those in need, hes urging corporations to return to pursuing the best for all their stakeholders shareholders, workers, customers and society at large. On todays big decisions, Peter Georgescu. Welcome to bloomberg big decisions. Great to have you here. Socialism these days. It strikes me you have a personal experience with socialism going way back in your childhood. Tell us about it. Peter well, i was prepared for socialism by being born in just as the Second World War started and i arrived in 1939 just as the war got to be big and real. I was born from romanian parents, both of them, one educated in london. My father became a petroleum engineer, came to romania, became general manager of the Lar ....
This morning. The dow logging another record high as it marches toward 20k. Day one of that fed meetinging. President elect trump announcing exxon mobil chairman and Ceo Rex Tillerson as his pick for secretary of state. Plus, microsoft cofounder bill gates speaks out. Trumps policies on trade, relations with china, Interest Rates, and a lot more. But first up, the march towards 20,000 continues. The dow is on track to open trading at an alltime high one day after posting its 15th record closing high since the election. We also have the fed kicking off the twoday meeting, many expecting it to result in a rate hike tomorrow. Jim, i assume theres no doubt in your mind about that. No. And i think that the banks have to have it. We saw the banks waivever. This is not an all trump stock day. We got china, good numbers. Italy, major recapitalization. I think there was another tim ....
Andrew fairmont state averages 95 points per game. They have 52 with three minutes left. Jolly is rejected by pitts. Steve theyve got nothing easy in this game in the halfcourt. Here comes the trap. But they always are throwing the ball out on of the trap just as the trap is getting there. They had not been in trouble with the ball almost the whole game. Andrew dougherty. They work it around. Four on the shot clock. Woods. Thats an offensive foul. On anthony woods. How about justin pitts getting it done defensively. Steve watch his defense from behind. Wagreat timing that was. Andrew pitts, the steve what great timing that was. Andrew pitts the junior out of blue springs, missouri, dad transferred but he wanted to stay to missouri. He had established himself there. Wanted to finish his career at blue springs south. It was a tough decision but it paid off for pitts as the dii player of the year. Wimbusks three is no good and pitt it ises has it. Steve great boxout by schneider that time ....
All. A gunman is holding more than 30 hostages at a high school. Eight people have been shot, including at least four students. We can only make an appeal to the gunman. Stop. Theres been enough already. An all white jury acquitted four White Police Officers of assault in the videotaped beating of black motorist rodney king. I was scared. I was scared for my life. Across the nation, people were paying attention to this. The officers struck him with batons between 53 and 56 times. It was one of the first cases where there was actual video of a case of alleged Police Brutality. For 13 months, the city of los angeles has been a pressure cooker, building up to the rodney king trial. We, the jury, in the above entitled action find the from the intersex intersection. And they said, dont go down there. Dont go down there. And they said to dana, whos very blond, very white, ....