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Weiss said he agrees with that on one level, but the constant trade retaliation "creates an uncertainty about an unstable White House that shakes markets."
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Get Rid of Paper Clutter In 3 Simple Steps! Hutchins said there's "no evidence" taxes are the reason for slower-than-usual growth, saying it's "much more likely" due to global productivity and "demographics" issues.
CURRENCY/REGION Pete Najarian said ALB April 100 calls were suddenly getting bought; he suggested options as a way of playing this type of name that maybe hasn't bottomed. (This writer is long ALB and regrets being long this piece of garbage every day.)
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If Silicon Valley doesn't change the way banking is done, they'll just siphon away all the brains who might've been doing it. Wall Street should think about whether Manhattan soon could conceivably look like what Neiman Marcus looks like now. It's not like 20 years from now, guys with 1590 SATs at Princeton are going to say "Yeah, I'd rather be Gekko getting great suits at Maury Sills" rather than "I'd love to be writing code in shorts while looking out the window at the Pacific Ocean" for the same $500,000 salary. And when they try to name the Goldman Sachs CEOs after Lloyd Blankfein, it'll be like naming the Washington Post editors after Ben Bradlee.
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