ripple and others and a google spreadsheet the same thing all right let's talk about b. cash or because cash for a second of course this has to bring up the name of roger there and you know rogers a friend of ours you know i met you and roger for the first time in new york city i think was twenty thirteen or so he took some photos down in silicon alley in new york city and he's an investor in your your first company and he's a pillar of the community one might say he's a character he's hands which community we're talking about but so what why what exactly happened there because first of all my take on it was that using bitcoin in this all calling is tentative montt to. you know not not a copyright issue but a plagiarism. issue and that seems like dirty pool yeah i guess i guess the way to look at it like you just started with the name of it right be cash vs big cash i understand everyone has the right to name whatever they want whatever name they want but in essence what won't be cash did wasn't because cash was they took the name of a brand that they don't support anymore an

this direction siding with coin base and operating unethically in many ways the debacle with their b. cash launch because of cash launch it's just smacks of manipulation insider trading and a complete breakdown in ethics isn't a v.c. money that's forcing forcing change in that space i'm not sure about but i'll say this markets are efficient when we allow them to be the market of the coin will will favor other companies over these centralized companies you see netscape you know. that's great was the biggest company in the early dot com but they're not around anymore so you can say the same thing about some of these companies that are not operating ethically right now so the market will decide and the market will favor the companies that are operating ethically and with integrity over the ones that are operating without one of the personalities to emerge a twenty seventeen john mcafee who got the bitcoin bug recently within the past year or eighteen months he's just got the money but in general much money ok fair enough and he brings this unique style to the space and he's launched from for

there are a few people that are in control of b. cash if you broke into his house and you stole all of his b. cash he would figure out a way that few people would figure out a way to reverse the b. cash chain and take all his money back it's not actually censorship resistant it's not actually a change where no one can reverse it no one can freeze it if they can't do that and there's no point of actually having a block chain i always joke what's the difference between be cash ripple and others and a google spreadsheet the same thing all right let's talk about be cash or because in cash for a second of course this has to bring up the name of roger there and you know rogers a friend of ours you know i met you and roger for the first time in new york city i think was twenty thirteen or so he took some photos down in silicon alley in new york city and he's an investor in your your first company and he's a pillar of the community one might say he's a character he's hands which community we're talking about but so what why what exactly happened

the b. cash token. surprise release which wrecked a lot of people's entire wealth you know life savings lost. i don't know doesn't seem like the kind of guy that should be in charge of a billion dollar endeavor let's. for a moment here. talk about what your view is about why let's say bitcoins pushback i mean what what's happening on the other side of the equation we have continued adoption of continued awareness. where do you see where do you get me some good news a big client you know because one is the only product that has good legal. backing so there's laws which specifically name because one that allow you to get good bank relationships with it to get custodial services for instance or gemini where a larger institution could purchase a bunch of decline and have a license insured bonded reason to believe it wouldn't get stolen or hacked. other crypto currencies don't have that we also have the c.m.e. futures the largest market the entire planet the c.b.o.t. which does about a quarter of a volume wh

the b. cash token. surprise release which wrecked a lot of people's entire wealth you know life savings lost. i don't know doesn't seem like the kind of guy that should be in charge of a billion dollar endeavor. you know if for a moment here. talk about what your view is about let's say bitcoins push back i mean what what's happening on the other side of the equation we have continued adoption of continued awareness. where do you see where do you get me some good news a big point you know because one is the only product that has good legal. backing so there's laws which specifically name because that allow you to get good bank relationships with it to get custodial services for instance or gemini where a larger institution could purchase a bunch of back on and have a license insured bonded reason to believe it wouldn't get stolen or hacked. other crypto currencies don't have that we also have the c.m.e. futures the largest market in the entire planet by the c.b.o.t. which does about a quarter of the vol

the b. cash token. surprise release which wrecked a lot of people's entire wealth you know life savings lost. i don't know doesn't seem like the kind of guy that should be in charge of a billion dollar endeavor let's you know if for a moment here. talk about what your view is about let's say bitcoins pushback i mean what what's happening on the other side of the equation we have continued adoption continued awareness. where do you see where do you get me some good news a big point you know because one is the only product that has good legal. backing so there's laws which specifically name because on that allow you to get good bank regulation ships with it to get custodial services for instance or gemini where a larger institution could purchase a bunch of back on and have a license insured bonded reason to believe it wouldn't get stolen or hacked. other crypto currencies don't have that we also have the c.m.e. futures the largest market the entire planet by the c.b.o.t. which does about a quarter of the

if this environment is so robust >> you have so many other lending facilities a, you have great cash flow. bhave a corporate credit market that is on fire, absolute record corporate credit new issuance why are you going to draw down more expensive paper if you can go to the credit markets and get the cheaper paper? there's that and historically, i agree with the premise, tim this is not going to be as low vol a year when you have such a low maximum drawdown, the next year sees more volatility but more upside. in the last two occurrences, 1995, you only had a 2.5% maximum drawdown that was the beginning of the second half of the '90s run. that wasn't a sign that it was over then let's go to 2013, the same kind of thing. just over a 5% maximum drawdown. the next year, you saw increased volatility but a double digit return so i'm at 3100 for next year you say guys know, i have not been trying to be the biggest bull i think that's a marketing kind of bs move but when i look at the reasoning behind it, i'm having a hard time saying, you want to fade the market for anything other than a temporary

cash. mortgage the b&b? maybe. but what about those puzzling chinese pieces?0,000, that would be a chunk of change for college." >> in 2014, they track down lark mason, the man who appraised the items all those years ago. he's no longer at sotheby's but running his own auction house. >> i sent him pictures in an e-mail, and he was very excited. >> excited because, lark says, a lot's changed since the '90s, when he appraised the screen for 15 grand. that's appropriate to the time frame? >> for that time frame, yes, absolutely. china's economy has grown dramatically from the '90s up to the present days. there's a lot more people with money, with ability to buy things. >> seems the swelling ranks of 21st century chinese millionaires have shifted the market for chinese art into overdrive. two weeks later, sarah drives down from vermont and brings the artwork to lark's manhattan office. >> he said the headdress might go for a few thousand, and then the little carved piece of jade -- that might get a couple of thousand. >> and that might cover leyeyo's textbooks. bu

b. says they have nothing to worry about because those tax cuts are already making americans richer right now, as stocks rush higher & companies share that extra cashh their workers. is he right? the bulls & bears this week including gary b. smith, joan as max ferris and john layfield along with hadley heath manning. welcome to everybody. gary b., you say the tax cuts will help the gop in those midterms. >> absolutely, and any time people feel richer out there, they have more money in their pocket, their job prospects are more. it helps the party that currently holds congress and it helps the presidency. look i'm firmly convinced that most people out there have been brainwashed by the mainstream media that this is a corporate- only tax cut. they won't see a dime. that's untrue the tax foundation has run scenario after scenario where the average person is going to get back two or $3000 and that's going help a great deal not to mention out there once the money is in the people 's pockets versus the government in the history of man kind, no one can say i wish the government had the money they spent it a lot better than i did. every tax cut we've seen

cash register. >> it meanans everythingng. we are all really excited, b myself, the staff, all the local peoplele of windsor are really, rereally excited. we are all looooking forward to it. it is going to be a massive boost to the economy. reporter: the town of windsor is no stranger to royal weddings. its castle has been home to british kings and queens for almost 1000 years. it has long been a tourist attraction in any case, with over seven million visitors a year. royal wedding merchandise and paraphernalia is already on sale on the high street. so what's the bottom line? >> the uplift to the royal wewedding, we estimate verery conservativelyly at about 50500 million poununds we t think approximately 200 million pounds will come from tourism, travel, hotels.s. about 150 million pounds will come from people spending money, having parties andnd celebratin. about 100 million pounds will be freeee advertising from aroundne world, and the remaining 50 million pounds will be people buying t-shirts, hats, mugs and commemorative things to celebrate what will

coming up, rippled wants to help banks move cash from point a to point b faster using blockchain technologybanks are balking at that new tech. joe: you can get involved in the conversation. ask ae a tweet and question that you want to hear. i will check it out. this is bloomberg. ♪ scarlet: whopping $76 billion in payments -- ripple is a tech company in san francisco that wants to help banks move that money faster and cheaply, but rippled wants to do that by utilizing a digital token called x rp. joining us from los angeles is met lysing, who authored a businessweek piece on this. explain what ripple is, but banks are not buying into its proposition. >> that is right, we spoke to executives of the seven largest ask in the world who are at the heart of the corresponding banking system where you move money from the united states to africa or asia or corporations it to make payments around the world. none of the executives want to , they don't want to get involved with cryptocurrencies, and moreover, customers that they serve, the caterpillars of the world, the big corporations, and don't have

that, the stock market ultimately drops, you're not getting out of it, you're not going to cash, not buying bco bitcoin. you're picking companiies you're comfortable owning throughout that period? >> we lost 50% in the first 14 months of the '08, we have made -- each $10,000 is now $24,000. so i was the first buyer we got terrible market timing. i'm not a market timer all i can tell you is when i started in this business in 1981, interest rates were -- bob can -- interest rates were sky high stocks were 6 1/2 times earnings and no one wanted them everybody was bearish. everybody that would have been on tv -- >> i hear you. >> -- if there was such a thing. it's just the exact opposite extreme. i know david tepper's a great money manager, i know jeremy grantham is a brilliant guy, willi warp warren buffett is a brilliant guy. they're apologizing, pay 25 time earnings for a staple company growing 5% or i will pay 150 times earnings for the most interesting revenue growth story in the history of mankind, amazon. >> yeah. >> while that's going on, the 35r7 apartments are going down in value in new

cash. >> another rob for show you and tell you b here is the update.getting one year probation, actually used the walker trying to rob a bank in university bang. she thought had the bank had cheated her the day before. she went back with the gun to get her money back. police ended up escorting her out of the bank. she pled guilty, admitted the whole thing to charges like simple assault and robbery. >> large sinkhole has taken over the 2300 block of bosses ton street, in fishtown, and people are not happy. the sinkhole caved in the street and part of the sidewalk, crews have been hard at work since monday trying to fix the damage. philadelphia water department says the main under the street did break, but they don't know if something went wrong before that. it is not the first time people who live there have had this giant gaping hole on their street. this is starting to become a problem but they say anyone who lives in the area should call them with concerns about their homes. who want to go see chaka can? the queen of soul coming to our area. >> she i

b itcoin? that would be a good cash alternative, right? i think if you can chart it, you can buy it.] i'm not giving any advise. tom: i will talk to matt miller. francine: there you go. the european stocks are gaining it had. the earnings season is expected to support these equity prices. we are getting a little bit of data. economic confidence is better than expected for the eurozone, 116 instead of the 114.8 estimate. the. s athe korean won see sa little bit of volatility. north korea and south korea getting together to discuss things of the future. greats a grea observation from socgen. this is the long euro. the center tendency is this long line. we have exploded up to -- let me count them, six plus standard deviations. a huge, huge long bet. i will get that out on radio and twitter a bit. good morning radio london as well. sick standard deviations as well. this is the only word i could come up with from taylor riggs. inormousag general bet on long euro. francine: a very technical term. i know tom is reading up on italian politics. i w

they're using their credit cards, their debit cards, their cash, their dollars, their r&b, whatever, they're not using bitcoin. the bitcoin and blockchain community is about returning power to the individual. that's what the community is about. >> thanks a lot. we're going to move on to our next topic. another industry undergoing tremendously exponential change is really health care. and like in many industries, health care finds itself as a critical inflection point, driven in large part by digitization. 100 years ago, health care was about the human touch. fwo 25 years ago, it was machine assists and analog. today, it's technology assists think about wearables, genomic decoding, at prices nearly 100% less today than 20 years ago. but all this happening so quickly and so fast, we're lucky to have with us dr. victor dzau. we would love you to share some of your thoughts. >> thank you very much. and i thoroughly enjoyed the last two speakers. as i'm thinking about what about health care? the topic i was given is frontiers in medicine, which i interpret broadly as stem cells, et cetera

cash for brexit‘ controversy. well, as usual a mixed bag of stories in tomorrow morning's papers — politics, celebrity weddings and donald trump so let's take a closer look with my guests. starting with the bobserver. what we think of that? kate? it is quite smart. it does look very tidy and clean. the prime minister has written in the observer tomorrow morning and in the wake of the carillion problems, she is calling for a crackdown on bosses who failed to protect pension schemes. if you want evidence that jeremy corbyn and his movement are gaining traction, look to this story right here. she is capitalising on the left wing rhetoric that companies are the problem in the uk and government intervention will be the solution. the rhetoric is empty in some ways because when she talks about finding companies who are caught in cases of wrong doing, it would almost suggest that these companies need to go under to be fined. it is unsure how this could pan out in a meaningful way and in the private sector, companies going bust is not a story, that is what happens when they are not successful. but carillion has brought it to public attention, particularly because of the government contracts. it wil

cash in. california pot is expected to become a $7 billion, billion with a b dollar market by 2020 according to a cannabis market research group. jacob soboroff who gets all of the good assignments is following up a of this out of west hollywood, california. >>> day one of recreational sales here in west hollywood, los angeles. the line goes all the way down, across the other side of santa monica boulevard along the street here into this dispensary. they say it is a one of the biggest medcal dispensaries in all of california. they are gearing up today to turn to recreational marijuana. all you have got to do when you come in here, katy is give your driver's license to these folks right here and you are able to walk in and buy whatever products you want. the big thing people are thinking about here katy, this is going to be a enormous bus, who it's going to profit and how many will survive in the economy, take a look, this is how marge has traditionally been grown in california. >> big ones in here. >> reporter: illegally, and in secret. >> this is typical of organized crime. >> reporter: the st

cash flow system. we have to bring up the "b" word, budget. i think there are a couple great tools out there.iest. it's like budgeting on training wheels. you need a budget.com, ynab, is the best, in my opinion, for a robust budgeting tool. >> can i ask about savings accounts? the interest rates are,qdkh so n worth it, many think. would you recommend a good, old fashioned savings account? >> we don't save to make money. that's what investing in our retirement account is for. >> fair point. >> since 2000, we've seen interest rate declines every year. banks are going to be slow to increase those. however, you can make more if you look at fdic insured online banks. there, you have an opportunity to make a little bit more interest than with the brick and mortars that have the additional overhead. >> each day, we're breaking some sort of new record with regards to the dow. even nasdaq or one of the other markets. is it too late for folks to get in now and still make some money on stocks? >> craig, it's too late to get in on the over 50 plus record highs from 2017. it is. but if you're investing fo

b, that what we are doing is making investments by putting a bill in place it's going to drive economic growth, put cash in the pockets of the people that invent and create, promote, and employee. and we are very optimistic that this is going to help. by the way, we only did it a week and a half ago. we still have to do all the transition rules. stay tuned, and we will get this done. if you're going to measure it today, you are not being fair. as a matter of fact, a lot of the people there were criticizing, starting with it will never pass. it won't be fair. it's not going to work. we've learned so far that's all wrong. >> bret: there's a list of issues you bring up. education, workforce, infrastructure. you're hopeful about that. trade. the chamber has its own thoughts. that sometimes differs with the administration but here's where the president is on immigration today. take a listen. >> when this group comes back, hopefully with an agreement, this group and others, from the senate and house, comes back with an agreement, i am signing it. i will be signing it. i'm not going to say oh, gee, i want this

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i'm sorry c c n b c these other outlets rights are god the concept of market cap is fatally flawed so if i were once again to make a copy of the kaiser report and call it as your report cash and then take your market cap and then just assign some percent of it to my new thing that obviously would make sense so let's take a look at what they do be cash. we make a copy and then. no one can trade it no one can sell it because they don't have access to it so the people on big exchanges like zappa had to wait to get access to their coins the people in coinbase had to wait to get access to their coins they just got access yesterday which due to the delay will probably be a couple weeks ago when this airs so you can't accurately price a coin that has artificially restricted access half the people that receive the token may have no idea that they received it if you were on your island or your yacht enjoying your big corner innings sitting on your massive stack when you have to plug in the internet every day to see what new for coins you got to see what your new net worth really is a lot of people don't even know that they have these things and people in centralized services haven

b-more--baltimore, maryland--it's the champs, it's the mitchell family. [cheering and applause] and from douglasville, georgia, it's the demarest family. [cheering and applau everybody's here trying to win themselves a lot of cashsomebody might drive out of here in a brand-new car. [cheering and applause] let's go meet the demarest family. hey, laura. laura: hey. steve: how you doing, darling? laura: good. steve: where are you folks from? laura: douglasville, georgia. steve: dougl--oh, out west-- is that south? laura: it's to the west of atlanta. steve: how'd y'all make it on "family feud"? i don't ever ask nobody that. laura: i don't know. [laughter] olivia: her youngest daughter is the one that got us into it. laura: yeah. laura: oh, your youngest daughter. olivia: we didn't sign up for this. i don't know how it happened. steve: she applied online. laura: she was the alternate. she was 15 at the time, and so she didn't make it. and here we are. [cheering and applause] steve: did she come? laura: yeah. she's 16 now. steve: she's here? laura: yeah, she's in the crowd. steve: where's she at? you did it, you got them on the show! stand up. put a camera on her. [cheering and applause] welcome to "family feud"

b vitamins for heart health. your one a day is showing. i've got to tell you something it's not going to be easy. quicksilver earns you unlimited 1.5% cashurchase, everywhere. actually, that's super easy. my bad. >> martha: so it's important to remember why we honor martin luther king jr. every year. dr. king perhaps best known for saying we should judge others by the content of their character and not the color of their skin. everything took enormous courage. he said this. "courage is the power of the mind to overcome fear." that's a story for tonight. tucker carlson is up next. >> tucker: good evening. welcome to tucker carlson tonight. congress is trying to come to an agreement on daca, that is president obama's program that gave minors a free ticket to the united states. america's elites have recoiled in shock and horror and rage. how dare he say something like that? so from hollywood to silicon valley to msnbc, a new

b on the bottom line -- beat on the bottom line. bit of a beat on the top investors clearly disaount pointed the ceo talking in a statement about the strong operating cashlow. he talked about continued healthy demand in their end markets. ditz appointment there first quarter we are hearing from western digital since they ended the nasty legal fight with toshiba. that call is starting right now. backs to you. >> thank you josh lipton in san francisco. guy, your report >> intel is the report we talked about this at the beginning of the month it was unanimous across the desk the sell off off of that announcement was probably overdone talk aboutet going in front of a story. he did a good job. they had some flaws but did a good job they were right up front about it and this report proves the selloff was overdone i think it's going to continue to rally off of this report. >> there was an adverse relationship between amd and intel. and then when the ceo of intel got on and said this is ubiquitous through the whole entire space everyone is going to have the security breaches and whatnot going forward then you saw them start to work basically in the same directi

b. says they have nothing to worry about because those tax cuts are already making americans richer right now, as stocks rush higher & companies share that extra cashgop in those

b. smith. i promised you we would be harkening back to the great shows that brought us here including bulls & bears, cashing in so many more, so we're going to continue to mix and marry our historic winners here to put in perspective the stuff that matters to you so john layfield, looking at that, and what you're seeing, you always wonder about an uninterrupted run. we've had an uninterrupted run here in a market that is yet to see so much as a 5% cstruction does that part worry you? it does. look, and people starting to look for negatives it's hard to find negatives right now and that's one of the scary things about a long market this is the second longest bull market the 90s being the longest bull market in history and i think right now people are starting to worry just to worry. there's not any event on the horizon unless there's a geo-political event in north korea or pakistan, there's not a geo-political event anything on the horizon or event horizon that looks to derail this economy. the only thing that worries me is china exported deflation for so many years and starting now to export inflation and i

market blow-off and a situation of holding cash to feel pretty stupid >> let's bring in keith parker with the highest price target on the street for the s&p and bruce b. keith, he's a good macro reader. what do you think of the narrative he's building here >> yeah. we definitely agree. i think to put it all in perspective, you had better growth coming in to q4 we got the tax cut earlier and larger than expected we have to reassess 2018 growth expectations and you're hearing the shifts in corporate behavior so a tilt toward investment. that money flowing into the economy so putting that altogether we target 3150 on earnings per share up 18.this year. >> and are you suggesting a series of gut checks on that or is it going to be as seamless as last year do you think >> our call going into the end of last year was we would hit 2800 by the end of january and xaek out on better than expected earnings in q1 and that follow-through into the second quarter. and so, we're tracking inline with the view. i think we're still that position where growth is accelerating and a stimulus on top of that and markets have pullbacks but we still see further upside in the c

b of a, they upgrade american and spirit and cut alaska and southwest and jetblue. the bottom line, tax reform helps corporate spend even if it doesn't help the airlines which don't pay a lot in cashaxes anyway. >> i was checking while you were talking, southwest air was downgraded and i was thinking if this downgrade has any real impa impact, maybe people will take profits to the group isn't it interesting, southwest has been a remarkable story, really fabulous, you've got the best being downgraded and others going up in a really more harsh tape and environment southwest would take the whole group down it can't do it anymore, because people are bullish and looking for low price to earnings multiple names and that airline group gives them to you along with the autos, which don't forget are the cheapest stocks in the market. >> guys, worth mentioning, a name a keep a close eye on, qualcomm, down 1.6% this morning. a wall street journal story and this is something that i've been hearing about as well. they have on the record here two large chinese smartphone manufactures, who together represent about 10% of the $22 billion in annual revenue. basically say, they think a qualcomm broa