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Apr 14, 2017
04/17
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BLOOMBERG
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david: phil who? [laughter] [applause] david: come on.it didn't matter to me, because i did not think he was beatable, and i actually said it to my boss, who has gone on to do great things in television. dennis swanson said, we know you can't beat him, so don't worry about it. just be yourself. and that saved me. imagine little chubby me being told now you have got to go and you have got to beat phil donahue. he just said we are a local show, and so if you can get a number, we will take it. so i had no pressure, no pressure, so i just went on the air and was myself. david: he ultimately left chicago and moved to new york because of the competition i guess, i'm not sure. oprah: i beat him, david, i did. [laughter] [applause] oprah: i wasn't even trying to, but you know it is just like -- david: i'm sympathetic to white men with white hair, but you did very well. oprah: he was so gracious, and i have always said had there not been a phil donahue, there could not have been an oprah show. because he paved the way for that kind of audience, sm
david: phil who? [laughter] [applause] david: come on.it didn't matter to me, because i did not think he was beatable, and i actually said it to my boss, who has gone on to do great things in television. dennis swanson said, we know you can't beat him, so don't worry about it. just be yourself. and that saved me. imagine little chubby me being told now you have got to go and you have got to beat phil donahue. he just said we are a local show, and so if you can get a number, we will take it. so...
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Apr 16, 2017
04/17
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BLOOMBERG
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david: right.tralians seem even keeled, and consultants are even keeled, so you seem to be an even keeled guy, but wall street ceos are thought to be people who throw things at walls, scream, yell, slam phones down. so is that image wrong? or have you just succeeded even though you are low-key or do you actually throw things as well? [laughter] james: you seem modest and controlled in your personality. aren't you used to ceos who are throwing things? james: i think if you are the 7th of 12 children, you don't want to be the thrower. that is not going to end so well. no, i think part of it is honestly just personality and a probably helps shape you. your family obviously does. but i think these businesses have been on a 30-year transition from very tightly held private partnerships where frankly, more extreme the personal behavior, taking more risk because it's your own money, etc., etc., was par for the course. versus now, these are big global corporations. we are relatively small among the big ban
david: right.tralians seem even keeled, and consultants are even keeled, so you seem to be an even keeled guy, but wall street ceos are thought to be people who throw things at walls, scream, yell, slam phones down. so is that image wrong? or have you just succeeded even though you are low-key or do you actually throw things as well? [laughter] james: you seem modest and controlled in your personality. aren't you used to ceos who are throwing things? james: i think if you are the 7th of 12...
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Apr 13, 2017
04/17
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BLOOMBERG
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david: you never turned him down for a deal? james: david: i person have not.:have you seen him since he was president? james: i have not. david: you have any advice that you would like to give him or he doesn't need any advice from you? james: he has a large team of advisers and people who want to be advisers. i don't think there is a shortage of advisors is a problem. somebody once said to me the office of the president of the united states, it consumes people. gender,e favorable to but at the same time, the world is not staying static. we have in or miss geopolitical uncertainty, issues around north korea, iran, the immigration crisis in syria. pockets of lot of the world that could easily and gulf and consume the time of the president, so i think it is critical that they be very focused on a small number of achievable goals and that the team is very coordinated, delivered -- a deliberate and cooperative and working to get those done. have: the strategy you employed as ceo, and i think the market capitalization century have been ceo is up 110%, so i hope you
david: you never turned him down for a deal? james: david: i person have not.:have you seen him since he was president? james: i have not. david: you have any advice that you would like to give him or he doesn't need any advice from you? james: he has a large team of advisers and people who want to be advisers. i don't think there is a shortage of advisors is a problem. somebody once said to me the office of the president of the united states, it consumes people. gender,e favorable to but at...
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Apr 29, 2017
04/17
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BLOOMBERG
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david: veterans?applause] general petraeus: david, i have often said that those who served in the post-9/11 generation, all of whom are volunteers and raised their right hand and took an oath likely knowing they , would be asked to deploy to a combat zone. i have often described them as america's new greatest generation. something tom brokaw shouted ears after he heard our soldiers in iraq in the first year in mosul. you saw all that they were doing, myriad tasks from combat to helping rebuild cities that had been damaged during the war. all of these different tasks. he said, you know that world war , ii crowd was the greatest generation. sure that the men and women we have seen today is america's new greatest generation. i very much believe in that. david: let's talk about how you came into the military. your father was a dutch sea captain and met your mother, from brooklyn, and they met at a church service? general petraeus: yes. david: he later stayed here during world war ii and commanded a marine
david: veterans?applause] general petraeus: david, i have often said that those who served in the post-9/11 generation, all of whom are volunteers and raised their right hand and took an oath likely knowing they , would be asked to deploy to a combat zone. i have often described them as america's new greatest generation. something tom brokaw shouted ears after he heard our soldiers in iraq in the first year in mosul. you saw all that they were doing, myriad tasks from combat to helping rebuild...
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Apr 29, 2017
04/17
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BLOOMBERG
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david: and where were you? gen.raeus: we were in baghdad, which is where we were told we would be going, and then we were told to go to muscle -- go up to mosul because it is out of control. a small unit and 17 civilians killed responding to a riot. within about 36 hours, we did one of the biggest air assaults in history. , weome also, -- up to mosul had 250 helicopters or so. we blanketed the city with our soldiers, literally pushing right into the city, calmed it down, stop the looting and the rest of it, and gradually took control of it. and we had an interim government up there within two weeks of arriving. david: you may remember early , on, it was thought that shock and awe would be all that is necessary. that a lot of missiles going off would be the end of the war. that did not work. gen. petraeus: we imposed a bit there, but itd did not not work. we had casualties and lost heavy equipment, and when president bush decided to invade iraq, -- david: when president bush decided to invade iraq, part of it was the
david: and where were you? gen.raeus: we were in baghdad, which is where we were told we would be going, and then we were told to go to muscle -- go up to mosul because it is out of control. a small unit and 17 civilians killed responding to a riot. within about 36 hours, we did one of the biggest air assaults in history. , weome also, -- up to mosul had 250 helicopters or so. we blanketed the city with our soldiers, literally pushing right into the city, calmed it down, stop the looting and...
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Apr 17, 2017
04/17
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KSTS
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saluda david gonzalez...n san jos un grupo de activistas lleva a cabo una huelga de hambre para llamar la atencin sobre los desalojos injustos en la ciudad. take 2boxes melissa hernandez se encuentra en san jose. melissa desde cuando empez esta huelga? take melissa lot 0;00 0;19 0;30 - 1:20 1;21 2;10 intro melissa desde el viernes pasado comenz este ayuno al que poco a poco se han sumado cerca de 20 personas y que se extendera hasta el proximo martes, cuando se espera los concejales de san jose voten a favor de una ordenanza que establezca desalojos bajo causa justa en toda la ciudad. pkg jocelyn hernandez lidera huelga de hambre cinco das no es mucho cuando se compara con el sufrimiento que nuestra comunidad esta de verdad sufriendo jocelyn hernandez se ha convertido en la cara de una huelga de hambre contra los desalojos injustificados en la ciudad de san jose. jocelyn hernandez lidera huelga de hambre estamos aqu trayendo la crisis y trayendo la desesperacin a la puerta de estos miembros de concilio para q
saluda david gonzalez...n san jos un grupo de activistas lleva a cabo una huelga de hambre para llamar la atencin sobre los desalojos injustos en la ciudad. take 2boxes melissa hernandez se encuentra en san jose. melissa desde cuando empez esta huelga? take melissa lot 0;00 0;19 0;30 - 1:20 1;21 2;10 intro melissa desde el viernes pasado comenz este ayuno al que poco a poco se han sumado cerca de 20 personas y que se extendera hasta el proximo martes, cuando se espera los concejales de san jose...
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Apr 25, 2017
04/17
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FBC
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david: good evening. i'm david asman in for charles payne. you are watching "making money." stocks surging as president trump gets set to outline his tax plan tomorrow. treasury secretary steve mnuchin and other officials are meeting on capitol hill to discuss the plan with legislators. adam? reporter: that's a very important meeting taking place on capitol hill. you will see gary cohn, the economic advisor to the president, and they are neating with the key players who will have to take the president's concept and mix it with whatever the republican leadership on capitol hill has in mind and come up with the legislation. tomorrow we'll get that broad kind of outline. who are they meeting with right now? kevin brady, orrin hatch, paul ryan, and senate reader mitch mcconnell because there is not a total unified front. one of the issues that's a problem for both sides is the president wants what he calls a massive tax break for le class americans and business taxes, a corporate tax rate of 15%. that some republicans worry would contribute to greater deficits and greater debt f
david: good evening. i'm david asman in for charles payne. you are watching "making money." stocks surging as president trump gets set to outline his tax plan tomorrow. treasury secretary steve mnuchin and other officials are meeting on capitol hill to discuss the plan with legislators. adam? reporter: that's a very important meeting taking place on capitol hill. you will see gary cohn, the economic advisor to the president, and they are neating with the key players who will have to...
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Apr 24, 2017
04/17
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CSPAN
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david: 12. brian: the reaction? david: he loves it. brian: boy or girl? david: boy. brian: what was his reaction? david: he loves it. he's a very interesting little man, and i'm very pleased he likes it. i have grandchildren who were in their 30's, and i have one who is 10. they cover a lot of time. brian: six kids? david: five children. brian: how many of these children and 19 grandchildren and in-laws and all that and he found to be interested in history? david: i would say probably guess that's a very interesting question. i've never thought about it. only 75%. they had it pretty well drummed into them. brian: how did you do that over the years? david: talking, and taking them to historic sites. that's the best way to get them involved. and encouraging them to read good books. there is no reason in the world why history has to be dull. no excuse for a history teacher to be dull. it is about people. it is about life. it is about cause and effect. it is about stories. there is no trick to teaching history, tell stories. that's what it is. i think you have to bring t
david: 12. brian: the reaction? david: he loves it. brian: boy or girl? david: boy. brian: what was his reaction? david: he loves it. he's a very interesting little man, and i'm very pleased he likes it. i have grandchildren who were in their 30's, and i have one who is 10. they cover a lot of time. brian: six kids? david: five children. brian: how many of these children and 19 grandchildren and in-laws and all that and he found to be interested in history? david: i would say probably guess...
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Apr 15, 2017
04/17
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BLOOMBERG
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david: so today, how do you spend your time?rcentage of your time to meet clients and prospective clients, 10%, 15%? james: it changes. each year i sit down and write the 10 things i want to get done that year, and in the early years in the job, they were very much problem issues. i don't know if you remember, but we owned a half built casino in atlantic city. we wrote that off. a lot of things needed to get resolved. happily as time has gone on, they are resolved, and i am spending much, much more time on client activity. a much larger part of the job now is trying to help our teams do what we are supposed to, why we come to work every day, help our clients. david: how much time do you spend rallying the troops? james: we have our new managing director dinner, which we have all 142 new managing director's this year, and thousands of partners, and i will be speaking to them right after this, so every day i tried to do something that connects to a group of employees, whether it is summer interns or senior managing directors. davi
david: so today, how do you spend your time?rcentage of your time to meet clients and prospective clients, 10%, 15%? james: it changes. each year i sit down and write the 10 things i want to get done that year, and in the early years in the job, they were very much problem issues. i don't know if you remember, but we owned a half built casino in atlantic city. we wrote that off. a lot of things needed to get resolved. happily as time has gone on, they are resolved, and i am spending much, much...
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Apr 16, 2017
04/17
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BLOOMBERG
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david: not enough. ♪ ♪ david: you have been the c.e.o.an 10 years, and most ceos of fortune 500 companies are probably for five years or so. so you have done very well. the stock is up 67% since you have been the c.e.o. is it harder to be a c.e.o. now than it was 10 years ago? indra: i think when you look at the world the last decade, the financial crisis in fact changed the world enormously, because you have had since then, really the world has not recovered from the financial crisis. you have had geopolitical upheavals all across the world. in addition, technology disruption is rewriting the rules. what kinds of jobs will you keep in the company? how are you going to digitize your value chain? how will e-commerce impact the business? there is some technology impacting every part of the company. so in the last seven years in particular, it has been a real challenge to run a large company because you have got to be a foreign-policy expert. you have to be a technology person. you have got to be on the front line. you have to talk to world
david: not enough. ♪ ♪ david: you have been the c.e.o.an 10 years, and most ceos of fortune 500 companies are probably for five years or so. so you have done very well. the stock is up 67% since you have been the c.e.o. is it harder to be a c.e.o. now than it was 10 years ago? indra: i think when you look at the world the last decade, the financial crisis in fact changed the world enormously, because you have had since then, really the world has not recovered from the financial crisis. you...
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>> yes, david. that's why if you look at the public opinion polls in how they rate climate change in terms of their worries, barely gets a bump of an asterisk outside of hollywood. the reason is they've been exaggerated. carbon dioxide, they're right, we couldn't live without the stuff. and unnecessarily against oil, gas and coal, it's a moral outrage. an and when they remove the restrictions, they'll rise up again. david: bruce, does that concern you? that we may get an up tick in carbon dioxide. >> cities, states, trump's executive order, maybe there were his hysterics, but he says outlandish things, he would not predict how many coal jobs would be created. i'm guessing it's going to be zero. david: the point we made at the beginning, mike, the market forces are moving in at that direction, we're burning much cleaner coal than we used to, the market forces are having a much more powerful input on cleaning our environment than regulations ever could? >> i think, david, people need to be reminded of
>> yes, david. that's why if you look at the public opinion polls in how they rate climate change in terms of their worries, barely gets a bump of an asterisk outside of hollywood. the reason is they've been exaggerated. carbon dioxide, they're right, we couldn't live without the stuff. and unnecessarily against oil, gas and coal, it's a moral outrage. an and when they remove the restrictions, they'll rise up again. david: bruce, does that concern you? that we may get an up tick in carbon...
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Apr 26, 2017
04/17
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FBC
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david. david: if it goes through a lot of people move from new york to texas. >> true, the door is is open. david: thank you very much, thank you, danielle. can president trump get it through the senate? david macintosh, club for growth president. i emphasize the title of your organization because this is really a growth package, is it not? >> it totally is. out of the ballpark a great tax package. it will create trillions of dollars of growth in the economy and, and millions of jobs. david: david, for all the skepticism about whether it would create growth, everybody's holding they're head, all democrats are holding head well add to the deficit. when have they cared about the debt and deficit over past 10 years? it has grown enormously under their control. their calls about wore remembering about the debt sound a little like crocodile tears. beyond that look into 1980s. what happened. in 1983 the reagan tax cuts kicked in. the same year they kicked in, 1983 economy grew 4.6%. next year it g
david. david: if it goes through a lot of people move from new york to texas. >> true, the door is is open. david: thank you very much, thank you, danielle. can president trump get it through the senate? david macintosh, club for growth president. i emphasize the title of your organization because this is really a growth package, is it not? >> it totally is. out of the ballpark a great tax package. it will create trillions of dollars of growth in the economy and, and millions of...
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Apr 23, 2017
04/17
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BLOOMBERG
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♪ david: so, what did your family think?id they say that there's something wrong with this young man. he just wants to do computers? >> it was considered a little strange. david: have you thought how much better your life would be if you got your harvard degree? bill: i am a real dropout because i take college courses all the time. david: what about steve jobs in those days? what was your relationship with him? bill: we were both there at the very beginning. david: you are the wealthiest men in the world for 20 years or more. is that more of a burden than a pleasure, to be the wealthiest men in the world? >> would you fix your tie, please? david: people wouldn't recognize me if my tie was fixed. let's leave it this way. all right. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though , i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tick? you built one of
♪ david: so, what did your family think?id they say that there's something wrong with this young man. he just wants to do computers? >> it was considered a little strange. david: have you thought how much better your life would be if you got your harvard degree? bill: i am a real dropout because i take college courses all the time. david: what about steve jobs in those days? what was your relationship with him? bill: we were both there at the very beginning. david: you are the...
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Apr 26, 2017
04/17
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FBC
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david: good evening, i'm david asman in for charles payne and you are watching "making money." breaking today, president trump's top economic team unveiling their tax overhaul plan. it includes three tax brackets instead of seven. some people are calling it shocking' it is pretty dramatic. >> dramatic and revolutionary according to steve mnuchin. he says it's the biggest individual and business tax cut in american history. 35% will be the highest tax bracket. but they are going to eliminate targeted tax breaks that mainly benefit the wealthiest taxpayers. this is state and local taxes and mortgage rate. they are eliminating the state and local income tax deduction but preserve mortgage deductions and charitable gift deductions. >> we will be back with very firm details. we are confident where they are going to be. we just wanted to get out and give you a broad brush overview of where we are. the president believes in taking input over the next month we have a lot of different discussions going with a lot of different groups that are interested. >> there have been intense negoti
david: good evening, i'm david asman in for charles payne and you are watching "making money." breaking today, president trump's top economic team unveiling their tax overhaul plan. it includes three tax brackets instead of seven. some people are calling it shocking' it is pretty dramatic. >> dramatic and revolutionary according to steve mnuchin. he says it's the biggest individual and business tax cut in american history. 35% will be the highest tax bracket. but they are going...
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Apr 15, 2017
04/17
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FOXNEWSW
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david: we will be watching. airlines passenger dragged off this flight, this was caught on camera. the company getting dragged on social media. some ideas on how they could have handled it better next. david: united airlines getting dragged through the mud as they did something similar to a passenger, did the response make >> oh my god! david: that of course is the united airlines video that went viral after a passenger was forcibly removed from a flight. when he criticized the company and its ceo for not doing a better job to address the incident and the stock has been taking a tumble since. you are not exactly a neutral observer on united airlines. >> i traveled 200,000 miles a year. just last week united sold right from underneath me a ticket i booked and paid for to jacksonville, florida to houston and i had to rebook on american and got home at 3:30 in the morning. name the airline that would have been most likely to pull off what just happened, 75% of americans would have said united. they have something d
david: we will be watching. airlines passenger dragged off this flight, this was caught on camera. the company getting dragged on social media. some ideas on how they could have handled it better next. david: united airlines getting dragged through the mud as they did something similar to a passenger, did the response make >> oh my god! david: that of course is the united airlines video that went viral after a passenger was forcibly removed from a flight. when he criticized the company...
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Apr 25, 2017
04/17
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FBC
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david: wow. the fight to real and reple obamacare is not over. the health care battle is not over on capitol hill. the latest on the timeline from the administration. securing our border, president trump striking back at critics who say the wall isn't going to be built. next north dakota senator john hoeven sounding offer. >> we'll have the wall built. i don't know what people are talking about. i don't know what they are talking about the pundits. the wall gets built, 100%. and markets continue to rise and fall... predictable is one thing you need in retirement to help protect what you've earned and ensure it lasts. introducing brighthouse financial. a new company established by metlife to specialize in annuities & life insurance. talk to your advisor about a brighter financial future. melissa: breaking news. a u.s. judge blocking president trump's order to block funding to sanctuary cities that limit cooperation with immigration authorities. the latest wrinkle in that story. we'll have more no
david: wow. the fight to real and reple obamacare is not over. the health care battle is not over on capitol hill. the latest on the timeline from the administration. securing our border, president trump striking back at critics who say the wall isn't going to be built. next north dakota senator john hoeven sounding offer. >> we'll have the wall built. i don't know what people are talking about. i don't know what they are talking about the pundits. the wall gets built, 100%. and markets...
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david: and i'm david asman. glad you could join us today on "after the bell." we've got you covered with the big market movers but first here is what else we have for you in a very busy, very historic moment. first of all, this meeting with president trump arriving at mar-a-lago for a key diplomatic test with the chinese president and the stakes couldn't be higher. the two leaders will address growing threat of north korea and its growing nuclear program. >>> republican senators souping you the harry reid rule change in 2013 to include supreme court nominees. this change will fundamentally alter the way the supreme court justices are chosen. the senate currently is in 30-hour debate period before voting on supreme court nominee neil gorsuch. melissa: back to the markets, the dow pulling back in the final hours of trading. lori rothman is on the floor of the new york stock exchange. lori, what is behind the downturn? reporter: politics, melissa, summing it up. markets broke 2:30 p.m. eastern that steps are underway to remove bashar al-assad in syria, in response
david: and i'm david asman. glad you could join us today on "after the bell." we've got you covered with the big market movers but first here is what else we have for you in a very busy, very historic moment. first of all, this meeting with president trump arriving at mar-a-lago for a key diplomatic test with the chinese president and the stakes couldn't be higher. the two leaders will address growing threat of north korea and its growing nuclear program. >>> republican...
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Apr 28, 2017
04/17
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FBC
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david asman. >> good to see you david. dow ending down 4points, economy in the first quarter grew at its slowest pace in three years. let's look at nasdaq right now. any feign today would be a new record for the nasdaq, david. david: that's pretty good, i'm david asman. happy friday. this is "after the bell." got you covered on market movers. here is what we have for you in a very busy hour. no government shutdown. one crisis averted but republicans apparently will miss the 100 day goal of ending obamacare. still washington looking hard at the president's call for massive growth incentives as mediocre first quarter growth number gives a little more credence to the president's call for a major tax cut now. >>> president trump warning a quote, major conflict is possible with north korea. the white house says all options are on the table. america is weighing in. the results of a new fox poll. >>> the president is speaking to the nra this afternoon, the first president to do so since ronald reagan in 1983, telling the crowd th
david asman. >> good to see you david. dow ending down 4points, economy in the first quarter grew at its slowest pace in three years. let's look at nasdaq right now. any feign today would be a new record for the nasdaq, david. david: that's pretty good, i'm david asman. happy friday. this is "after the bell." got you covered on market movers. here is what we have for you in a very busy hour. no government shutdown. one crisis averted but republicans apparently will miss the 100...
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Apr 14, 2017
04/17
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BLOOMBERG
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david: ok. i said, "well, he throws it, you catch it, and i'll have two guys run this way, if you don't have a shot, hit one of them and less see what happens." so he threw it, laettner caught it. he dribbled once, which your heart sinks because -- david: he is not a famous dribbler or? mike: no, there are only 2.1 seconds. he had enough courage and knowledge where he put it in, and then he shot the ball and it went in. >> there is the pass to laettner. puts it up. [cheering] david: so you won the game and went on to win a national championship. the last championship you won, the fifth one, 2015, that was a team where you were basically playing freshman. how did that happen? mike: it was a most unusual year. three of the freshman who went pro after that, they went early. they were one and done. they really didn't care, david, about their own stats. if you can find people who are all into winning -- david: you mention the phrase one and done, and for those who are watching this who may not be col
david: ok. i said, "well, he throws it, you catch it, and i'll have two guys run this way, if you don't have a shot, hit one of them and less see what happens." so he threw it, laettner caught it. he dribbled once, which your heart sinks because -- david: he is not a famous dribbler or? mike: no, there are only 2.1 seconds. he had enough courage and knowledge where he put it in, and then he shot the ball and it went in. >> there is the pass to laettner. puts it up. [cheering]...
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Apr 6, 2017
04/17
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BLOOMBERG
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david: the interview is over. [laughter] jamie: you can afford it, david. ok?er] david: on the economy, you get data from all over the world that j.p. morgan gets. would you say the u.s. economy is in reasonable shape? jamie: when we look at the economy, i always look -- where are the potholes? we did see potholes in 2007, 2008 -- there are no real potholes there. i put it the other way around, america has the best hand ever dealt of any country on the planet today, ever. ok? and americans don't fully appreciate what i have to say. we have peaceful, wonderful neighbors in canada and mexico. we have the biggest military berries ever built called the atlantic and the pacific. we have all the food, water, and energy will ever need. we have the best military on the planet, and we will for as long as we have the best economy. if you are a liberal, listen to me on that one, because the chinese would love to have our economy. we have the best universities on the planet. there are great ones elsewhere, but these are the best. we still educate most of the kids that star
david: the interview is over. [laughter] jamie: you can afford it, david. ok?er] david: on the economy, you get data from all over the world that j.p. morgan gets. would you say the u.s. economy is in reasonable shape? jamie: when we look at the economy, i always look -- where are the potholes? we did see potholes in 2007, 2008 -- there are no real potholes there. i put it the other way around, america has the best hand ever dealt of any country on the planet today, ever. ok? and americans...
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Apr 21, 2017
04/17
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jonathan: david bianco, david asset management. who are you voting for, david?ion, futures this morning flat, the cash open flat as well. -10 points on the doubters we go nowhere. switch up the board, the conversations in the bond market, the stoxx data looking soft, the pmi's come in with a marginal slide. in europe, the french bond market is very stable ahead of the first-round vote on sunday. the euro a tough softer by .1%. from new york city, from the "daybreak" team, thank you for a much. a full weekend for you at home. this is bloomberg. ♪ vonnie: it is 10:00 a.m. in new york. from new york, i am vonnie quinn. mark: live from london, i am mark barton. welcome to "bloomberg markets." vonnie: we'd take you from new york to london and cover stories from washington, d.c. and paris. first, breaking economic data. here is abigail doolittle. abigail: for the month of march, we are looking at a beat in existing home sales. month over month basis, this represents 4.4% growth relative to the month of february, where we saw a decline at 3.7%. perhaps, this is a refle
jonathan: david bianco, david asset management. who are you voting for, david?ion, futures this morning flat, the cash open flat as well. -10 points on the doubters we go nowhere. switch up the board, the conversations in the bond market, the stoxx data looking soft, the pmi's come in with a marginal slide. in europe, the french bond market is very stable ahead of the first-round vote on sunday. the euro a tough softer by .1%. from new york city, from the "daybreak" team, thank you...
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Apr 13, 2017
04/17
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david, melissa. over to you. david: bon voyage. as the bell rings, u.s. drops "mother of all bombs" on afghanistan. it ended the day down 135 points. this is the lowest level of the week. s&p and nasdaq selling off into the holiday weekend. i'm david asman. glad you can join us. melissa: i'm melissa francis. this is "after the bell." here is what we have for you at this hour. president trump sending a clear signal to the world as a non-nuclear weapon is dropped on afghanistan. latest details of white house an the pentagon. north korea says prepare for a big important event this weekend. uh-oh. what kim jong-un may have for his biggest national holiday. that has the u.s. and japan on high alert. there is unusual twist. how north korea's defiance may have a positive impact on the u.s. coal industry. we'll explain that one. you will like it. it is a good one. david: there was the huge bomb, bigger other than nuclear that was sent to afghanistan. stocks tumbled on the news of the bombing. we had it for years. we never used until today. the dow ending down abo
david, melissa. over to you. david: bon voyage. as the bell rings, u.s. drops "mother of all bombs" on afghanistan. it ended the day down 135 points. this is the lowest level of the week. s&p and nasdaq selling off into the holiday weekend. i'm david asman. glad you can join us. melissa: i'm melissa francis. this is "after the bell." here is what we have for you at this hour. president trump sending a clear signal to the world as a non-nuclear weapon is dropped on...
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Apr 25, 2017
04/17
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david c.: no. david: the same rate? reduction, does it affect your business? david c.: you have got to look at the totality of whatever they are planning so i would want to look at the total package and say, how does this affect us in total. we have been investing for the , 160 percentrs depreciation with a current tax policy because we have some good investments to make, and we would not have just did that -- adjusted that on a 50% or 40% tax rate. on interest rate, we do not pay that much in interest to begin with because we do not have all that much debt and the rates have been extremely low. jonathan: david cote of honeywell. questions like a toddler, alix steel. alix: do you want a cookie? david c.: she obviously understands my family. david: toddlers are adorable, so that as a compliment. up, deutscheing bank chief global strategist will be joining us this morning. some big beats for mcdonald's and cala pillar, -- caterpillar. futures up 2/10. from new york, you are watching bloomberg. ♪ jonathan: great -- alix: b
david c.: no. david: the same rate? reduction, does it affect your business? david c.: you have got to look at the totality of whatever they are planning so i would want to look at the total package and say, how does this affect us in total. we have been investing for the , 160 percentrs depreciation with a current tax policy because we have some good investments to make, and we would not have just did that -- adjusted that on a 50% or 40% tax rate. on interest rate, we do not pay that much in...
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Apr 15, 2017
04/17
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david: people throw things at the walls, scream and yell.ames: i think if you are the second -- seventh of 12 children you don't want to be the , thrower. david: are you in favor of repealing dodd-frank? james: what will replace it? the world doesn't want the large banks to be unregulated. david: you have been a ceo for seven years. that is pretty long. james: what are you telling me? [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. alright. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job running a private equity firm. how do you define leadership? what is it that makes somebody tick? james, thank you for doing this. james: honored to be here. david: you have an accent compared to me. maybe in australia, you don't have an accent. you have an australian accent. i assume that is because you grew up in australia. james: it i
david: people throw things at the walls, scream and yell.ames: i think if you are the second -- seventh of 12 children you don't want to be the , thrower. david: are you in favor of repealing dodd-frank? james: what will replace it? the world doesn't want the large banks to be unregulated. david: you have been a ceo for seven years. that is pretty long. james: what are you telling me? [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was...
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Apr 2, 2017
04/17
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david: the interview is over. [laughter] jamie: you can afford it, david.hter] david: the economy, you get data from all over the world that j.p. morgan gets. would you say the u.s. economy is in reasonable shape? jamie: where are the potholes? we did see potholes in 2007, 2008 -- there are no real potholes there. america has the best hand ever dealt of any country on the planet today, ever. ok? americans don't fully appreciate what i have to say. we have peaceful, wonderful neighbors in mexico and canada. we have the biggest military barriers ever built, the atlantic and pacific could we have all the food, water, and energy will ever need. we have the best military on the planet. and we will for his long as we have the best economy. if you are a liberal, listen to me. the chinese would love to have our economy. we have the best universities on the planet. we have a rule of law which is exceptional. if you don't believe me, britain, russia, brazil, argentina, china, india -- believe me, it is not quite there. we have a magnificent work ethic. we have innova
david: the interview is over. [laughter] jamie: you can afford it, david.hter] david: the economy, you get data from all over the world that j.p. morgan gets. would you say the u.s. economy is in reasonable shape? jamie: where are the potholes? we did see potholes in 2007, 2008 -- there are no real potholes there. america has the best hand ever dealt of any country on the planet today, ever. ok? americans don't fully appreciate what i have to say. we have peaceful, wonderful neighbors in mexico...
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Apr 10, 2017
04/17
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david. by the way he deserved his nobel prize in economics about as much president obama deserved his nobel peace prize. i don't put too much what they decide there in scandinavia about nobel prizes. what i do know, i'm personally dealing with filing my taxes right now. i think every american who is knows two things. number one they're insanely too complicated. david: right. >> the fact we go through every april or october, if you defer. and then secondly, that they are simple too high. they are confiscatory levels right now. it is strangling economic growth in the united states. on top of that enabling kind of cronyism team trump which team trump ran against. david: get rid of deduction. seven rates to three rates. that is what simpson says and lower tax rates tremendous. >> david we're going to do it. i still believe. david: i sorry, love you, we have to move on. melissa. melissa: president trump meeting with budget director mick mulvaney at the white house right now. mulvaney is expected
david. by the way he deserved his nobel prize in economics about as much president obama deserved his nobel peace prize. i don't put too much what they decide there in scandinavia about nobel prizes. what i do know, i'm personally dealing with filing my taxes right now. i think every american who is knows two things. number one they're insanely too complicated. david: right. >> the fact we go through every april or october, if you defer. and then secondly, that they are simple too high....
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Apr 30, 2017
04/17
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david: good to see you, general. >> good to see you, david.: and still ahead, from a supreme court victory to a travel ban defeat, our panel weighing in on the highs and lows of the trump administration's first 100 days. if you have a garden, you know weeds are low-down little scoundrels. with roundup precision gel®, you can finally banish garden weeds without harming precious plants nearby. so draw the line. just give the stick one click, touch the leaves and the gel stays put killing garden weeds to the root with pinpoint precision. draw the line with roundup precision gel®. and be sure to check out roundup® with sure shot wand. another good-for-the-garden product from roundup. as after a dvt blood clot,ital i sure had a lot to think about. what about the people i care about? ...including this little girl. and what if this happened again? i was given warfarin in the hospital, but wondered, was this the best treatment for me? so i asked my doctor. and he recommended eliquis. eliquis treats dvt and pe blood clots and reduces the risk of them h
david: good to see you, general. >> good to see you, david.: and still ahead, from a supreme court victory to a travel ban defeat, our panel weighing in on the highs and lows of the trump administration's first 100 days. if you have a garden, you know weeds are low-down little scoundrels. with roundup precision gel®, you can finally banish garden weeds without harming precious plants nearby. so draw the line. just give the stick one click, touch the leaves and the gel stays put killing...
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Apr 3, 2017
04/17
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david?id: we were discussing with kevin cirilli, senators debating the nominee neil gorsuch for supreme court justice. let's go to were reported from washington. what's happening on capitol hill right now, a lot of wrangling of ,ho will vote for and against which could lead to a nuclear option. what is the nuclear option? >> it effectively changes the rules with a simple majority. most things in the senate require 60 votes. if you change the rules with a bare majority, pretty soon the senate might not look like the senate much longer. a lot of senators on both sides of the aisle are worried that one the nuclear option this week to eliminate that 60 vote threshold for judge gorsuch to get on the supreme court could lead down the line to pulling the nuclear option for legislation, suddenly all kinds of things could be a lot easier to accomplish. everything from repealing republicans, to instituting medicare for all -- liberal parties once democrats are back in charge. hugecould have ramificati
david?id: we were discussing with kevin cirilli, senators debating the nominee neil gorsuch for supreme court justice. let's go to were reported from washington. what's happening on capitol hill right now, a lot of wrangling of ,ho will vote for and against which could lead to a nuclear option. what is the nuclear option? >> it effectively changes the rules with a simple majority. most things in the senate require 60 votes. if you change the rules with a bare majority, pretty soon the...
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Apr 19, 2017
04/17
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david? david: it's true he couldn't vote for himself, right?ause he doesn't live in the district. >> reporter: that's right, he lives 10 minutes outside of the district. he explained on cnn he grew up in the district but currently lives outside with longtime girlfriend to support her while she finishes medical school. david: land of opportunity. jonathan, good to see you. thank you very much, cheryl. cheryl: erin elmore former surrogate for the trump campaign and neil sroka for democracy for america. and erin, i have to start with you, we saw the tweet from president trump, he seems to be kind of saying, look, what we've seen with gaerj is you've got hollywood coming. i want to play you this robo-call from samuel l. jackson. this is kind of what jackie johnson has become, to give us all some context. let's listen. >> stop donald trump, the man who encourages racial and religious discrimination and sexism. remember what happened last time people stayed at home. we got stuck with trump. cheryl: all right, erin, if the strategy didn't help hillary
david? david: it's true he couldn't vote for himself, right?ause he doesn't live in the district. >> reporter: that's right, he lives 10 minutes outside of the district. he explained on cnn he grew up in the district but currently lives outside with longtime girlfriend to support her while she finishes medical school. david: land of opportunity. jonathan, good to see you. thank you very much, cheryl. cheryl: erin elmore former surrogate for the trump campaign and neil sroka for democracy...
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Apr 9, 2017
04/17
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david: right, absolutely. but you mentioned the question of modernization, and that is something i think is very interesting. the united states is now, the obama administration spoke about spending $1 trillion to modernize american nuclear weapons. presumably this would involve updating the control systems, the computer systems to make certain they are not vulnerable to hacking from some terrorist or third-party. but that had the same time also could be seen potentially as breathing the numbers of nuclear weapons. so i guess the question is, with these other powers, world nuclear powers, always looking on the fringe -- north korea, iranians, even the saudis or other terrorist groups, they could buy a nuclear device from north korea or pakistan or whatever -- how is that even possible with all of that there to consider a total elimination of nuclear weapons by the major powers? it is open to vulnerability. guillaume: the answer would be multilateral talk. it becomes way more complicated. that is not two days in
david: right, absolutely. but you mentioned the question of modernization, and that is something i think is very interesting. the united states is now, the obama administration spoke about spending $1 trillion to modernize american nuclear weapons. presumably this would involve updating the control systems, the computer systems to make certain they are not vulnerable to hacking from some terrorist or third-party. but that had the same time also could be seen potentially as breathing the numbers...
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Apr 18, 2017
04/17
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david? david: we're going to use that as a segue.ctivists are targeting a tax break that predominantly benefits wealthy people in states. the conservatives want to abolish and democrats want to protect. the dynamic might further complicate bipartisan support for tax reform. we have someone looking at the state and local the duction. what is it, and who does it benefit? >> the state and local tax deduction has been around for a totury and it allows people adopt their state and local income taxes from their federal tax bill. it is a rare example of a tax conservativesitax want to get rid of because their argument is, and benefits high tax states that tend to be democratic, blue states because that itemizeple their deductions to deduct the cost of their state and local taxes. is a big tax break on the table. it cost the government about 1.3 trillion over 10 years. a third of the tax rate goes to a few states together. republicans are looking for ways to raise the revenue and make it neutral. this is many of the things that they will loo
david? david: we're going to use that as a segue.ctivists are targeting a tax break that predominantly benefits wealthy people in states. the conservatives want to abolish and democrats want to protect. the dynamic might further complicate bipartisan support for tax reform. we have someone looking at the state and local the duction. what is it, and who does it benefit? >> the state and local tax deduction has been around for a totury and it allows people adopt their state and local income...
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david: a drop doesn't look good. i'm david asman, this is "after the bell". more on the big sell-off. here's what else we have in this hour. heinous actions cannot be tolerated, president trump condemning serious chemical attack that killed dozens of civilians saying attitude toward dealing with syria and assad has now changed. how will america respond? also house republicans trying to find common ground and health care plan, the vice president's work with conservatives yielding a major new development or so it seemed, a key opposition group club for growth appeared to be on board last night, now singing a different tune. talking to a member of the group and senate republicans on the bring of taking historic measures to send neil gorsuch to the supreme court. you're looking at the live debate, utah senator orrin hatch, seen a lot of these, longest serving republican in the senate, he's joining us this hour. melissa: spectacular late afternoon sell-off. the dow down 40 points, up nearly 200 points this morning in reaction to the federal reserve minutes from th
david: a drop doesn't look good. i'm david asman, this is "after the bell". more on the big sell-off. here's what else we have in this hour. heinous actions cannot be tolerated, president trump condemning serious chemical attack that killed dozens of civilians saying attitude toward dealing with syria and assad has now changed. how will america respond? also house republicans trying to find common ground and health care plan, the vice president's work with conservatives yielding a...
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Apr 14, 2017
04/17
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david: finally iran. i know it is a threat not only in of itself but the north koreans are supplying iran with some of their nuclear hardware, right? >> absolutely. they're developing the nuclear warheads and our intelligence people think no, iranians are developing their own. the testing is done in north korea. iranians, if the weapons goes off, sixth one, tomorrow you see that they're hopefully, that iranians there are getting data from it. david: lt. general thomas mcinerney. it will be a very interesting weekend, general. thank you very much for being here. appreciate it. >> that it is. gerri: moving from divisiveness to decisiveness. sebastian gorka believes the president is turning this country around. >> what we have seen is eight years of divisiveness, the obama white house. president trump has replaced divisiveness with decisiveness. whether to do with the border. whether it is to do with manufacturing. whether it is to do with nato or whether to do with our enemies in isis. gerri: here to react,
david: finally iran. i know it is a threat not only in of itself but the north koreans are supplying iran with some of their nuclear hardware, right? >> absolutely. they're developing the nuclear warheads and our intelligence people think no, iranians are developing their own. the testing is done in north korea. iranians, if the weapons goes off, sixth one, tomorrow you see that they're hopefully, that iranians there are getting data from it. david: lt. general thomas mcinerney. it will...