CNBC reporter Bob Pisani seemed shocked on Wednesday after markets trended down even though President Donald Trump named CNBC anchor Larry Kudlow as his new economic adviser.
“When Larry was nominated people down here were happy,” Pisani reported from the trading floor. “Larry is beloved down here by me and a lot of other people because he’s here a lot. He has a lot of friends. A lot of people think very highly of him as I do.”
“But what you see here is it’s not really moving the markets that much,” he lamented. “And that suggests to me that the markets don’t think there’s going to be a particular big change in trade policy.”
At the time of Pisani’s broadcast, the Dow Jones Industrial Average was down by over 200 points.
Watch the video below from CNBC.
Why you should sell your house now — and not wait for the climate to change
Cities across the United States are already seeing the impacts of climate change. Sea levels are on the rise in Miami, Florida, where ocean waters creep into the streets, even when it isn't raining. Massive wildfires have taken out whole neighborhoods in California and in Alaska, about 2.5 million acres have burned since July 3. Wildfires there are getting worse, according to experts.
The problem of climate change has reached a dangerous level for some homeowners in areas that are no longer insurable. In Miami, for example, the "street-level" is now considered the basement and insurers are dropping coverage for basements. According to the Daily Beast, at least 340,000 California homeowners lost their property insurance coverage between 2015 and 2018 because the wildfires are getting worse and companies don't want to pay out when homes are destroyed.
‘Please give me the audacity of a mediocre white man’: Editor unleashes on Justice Brett Kavanaugh
Managing Editor Tiffany Cross, who co-founded The Beat DC, unleashed on the most recent Supreme Court Justice to be outed for sexual misconduct.
Max Stier, a classmate of Justice Brett Kavanaugh came out with another story of the justice forcing his naked penis into the hand of a woman. The FBI was supposed to do a full investigation into Kavanaugh, and Stier gave them the information. Somehow, however, the investigation either wasn't completed, wasn't revealed or was ignored, because none of the information revealed was released.
Cross said that there are some who normally would have said, "man if only we knew about these allegations during the confirmation hearing." The problem, of course, is that it was known, Cross explained. It was simply ignored by Republicans in the majority. Sen. Susan Collins (R-ME) is an excellent example of a pro-choice, pro-woman senator who claimed she trusted Kavanaugh. She's suffered the consequences from her home-state in wake of the vote. In the past four years, she has dropped from being the most favored senator in the country to among the least.
Benjamin Netanyahu ditches campaign rally after new data shows him losing — now he’s turning to Trump
Israeli Prime Minister Benjamin Netanyahu is in the fight for his political career after failing to form a coalition government in his previous reelection.
An MSNBC report revealed that Netanyahu was a no-show at a campaign rally after his team got a new poll that showed him losing on Tuesday.
Five months ago, the election was inconclusive, so Netanyahu declared himself the victor. The law dictates he must choose his coalition government by May, which automatically resets and requires another election. Ironically, it's one of the ways that Netanyahu was able to rise to power in his first election.