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The nikkei closed up by a half percentage point stocks were mixed in china hang seng down by 2 if you look at whats happening in europe and the early trading, things are mixed there stocks down in london with the ftse down by 0. 6 . Stocks up across the board in the other countries. The dax in germany up by 0. 9 . A gain of a half percentage point in france. Crude prices, wti around 57. 50. We are up another 55. Yeah, market was up 255 yesterday. Think if the market was down 255. Think of what we would do with 160 point observe a down day or 190 as far as the sentiment in this market right now, if the market were to go down we take it in stride when we hit new records. Yeah, the market is going up. Maybe its powell or tax reform. Thats 300 points this morning, if we went down 300, you would be every newspaper, they would have picture traders going stock shot. Stock shot. Is that what they call those . Stock shot. Stock photos. Not about stocks. No. About something that you got on file ....
A onetime cash bonus to eligible employees walmart says it will expand maternity and parental leave benefits been a couple years since they took wages up. Before a lot of their competitors, took it to 9, now to 11 when youre talking this many workers, it gets your attention. I think we have to be careful, though. 1. 5 million workers in the u. S this wage hike from 10 an hour up to 11, thats nice, but walmarts wages are that low to begin with and weve been wondering for a long time with the tightness in the labor market when are the increases coming starting wage, to be clear. Not every worker makes that, but walmart is infamous for having workers on public assistance, so how much praise do they deserve, plus this 400 million worth of bonuses, which is great, one time, but lets not pretend this is some huge, amazing, generous thing. Theres been a lot of criticism of this company for underpaying workers for a long time. But some money is better than no money, right . Yeah, but you need ....
Trading higher now as the greenback finally found a flaw. A conference call. Merger,s announced a but will costcutting be enough to justify this deal . Than half anless hour away from the european open. Take a look at where futures are trading. As you have been talking about this morning, as well as on n stocksk, asian moved lower overnight. A quick look at treasuries right 2. 557 . Still not seeing a huge selloff in european debt as yields are down. Gmm,lets talk about the thers acting as a drag on strictly an story. Central Bank Decision out of canada later today. The Canadian Market down 1. 5 yesterday. Russia has opened up this morning by about 0. 8 . I will give you a heads up on what is happening there. India is looking a little more positive. Asia is down, but not that down. There it is. There is the dollar and we will talk to mark cudmore that what is going on with th ....
We focus on alternative assets. What investors and entrepreneurs are doing as well as what is going on and hedge funds, private equity, real estate, and more. Guests,big alt asset one big private equity guest and one Big Hedge Fund guest. Joseph told us the u. S. Stock market is not overvalued if you measure by the prices buyout firms are paying for companies. Them and weccess have done five ipos this year. On the multiple basis, the markets are not overvalued. Maybe they are fairly valued. It depends on interest rates. The market cant continue to compound 20 . Could they compound at eight percent . Absolutely. What do you think of the argument which is, investors are desperate for yield, so as long as they are willing to pay, it means the stock market is not overvalued . They have taken a lot of Companies Public at a profit for the firm. They have been great for blackstone ....