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Council voted this weekend to unanimously sucker punch the rogue nation to the tune of 1 billion. Historic sanctions target everything from north koreas ability to trade coal, iron, led, seafood and guess what . China and russia joining the counsel, their hand finally forced by kim jonguns latest round of missile test just ten days ago. But is it all too little too late . Retired Lieutenant General served eight tours in the pacific region, hes with us on whether kim jongun is now really ready to go to war. And weve go on this breaking news. Bitcoin dramatically spiking to a new alltime high at this hour. Just as a controversial cryptocurrency leaked one of the most infamous lobbyists to ever walk the streets of dc is watching a new bitcoin reality show to help a bitcoin startup in congress not to kill the currency in its infancy. Jeff is here in a fox business exclusive. Plus, elon musks latest power play, it involves junk. An ....
Policies of President Trump because it seems so clearcut that the move falls on his shoulders given the timing of the advance. Dow rieszing 35 points. Tenth gain in a row. Best streak since 2013. S p climbing 0. 04 even as the nasdaq declined 0. 43 . Look, im not disputing the calendar here. It would be ridiculous to claim that trump has nothing to do with this rally, the one thats named offer him. In truth he deserves plenty of credit. But when i listen to treasury secretary Steve Mnuchin this morning and betsy quicks excellent interview on cnbc, i recognize perhaps were pinning way too much of the game on the president s coattails. Yes, mnuchin made it clear that the stock market can be a report card on the president s job, and right now its all as. But lets give some extra credit to others before awarding trump sue ma couple law day as the beginning of his term. I recogniz ....
A better place. Thats why they fight this market tooth and nail. And thats precisely why we can go still higher today. The dow gaining 43 points. Let me give you some very specific examples of what im talking about. Two days ago, ibm reported exactly what i was looking for. Ive been skeptical about the company. It is reinventing itself. More of a cloud data plan. Not just the soft wafrl not everyone was happy in the quarter and the stock did indeed sell off. Guess what . The stock is starting to come back faster than i thought. Im not using ibm as my thesis because the stock was misjudged in price. Im starting with ibm because when i look at this company, i see the dollar getting weaker and the rest world getting stronger, i say you know what . Heres a boaten down cyclical company. It might do better if the Global Company improves. It is really embedded around the world. Plus the structure is leaner than ever so it might be someth ....
Wisdom that what was good is now bad, and what is now good, what is bad is now good. Thats what happens. Times are changing right now, right here. The conundrum. That drove the dow down 114 points today. The nasdaq declined 0. 5 . Its the same dynamic that should play havoc with other big capitalization stocks. Tomorrow given the predominantly dismal performance of companies and speed bumps in a remarkably bizarre earnings season where the favorites are being slaughtered and the ugly ducklings are turning into swans before our eyes. We have to stand a musical legend on its head and start with the very ending because thats a very good place to start. Sound of music has some gravitas. After the bell we heard disappointing earnings from more of the very best companies america has to company. Alphabet, also known as google, visa, microsoft and starbucks. The latter which well be speaking to this evening. Do you know in every single case, the market has pronounced a harsh judgment, snap or ....
Almost everything down like we saw today. Sell, sell, sell. Where the dow shed 100 points. S p 500 sunk 25 and the nasdaq tumbled again. In fact todays session was really a continuation of yesterdays sub optimal action. The primary gauges of growth are flashing red again. First theres oil. Suddenly coming down again. When crude was up, it looked like our stock market could have another rally. Then a big buildup causing the price of crude to plummet. When oil goes down, everything can go down. Weve long since stopped caring whether any consumers benefit from oil. All that mat speakers weaker oil means the industrial recovery which weve come to expect after the runs might be sold out. Weve been expecting it about 750,000 barrels. Instead we got 2. 78 billion. Thats way too much. Judging oil through inventories on any given week has been a total fools game. Oil did creep back up into the black when we forgot about the inventory numbers. But still spent most of the session down. Second, th ....