Kai Risdahl
👤 SpeakerAppearances Over Time
Podcast Appearances
Now he's just answering my questions.
Professor, thanks for your time, sir.
I appreciate it.
More than a pleasure.
Some things never go out of style, but first, let's do the numbers.
Dow Industrials up 588 today.
I didn't know if we were going to get the really happy music today, huh?
1.2%, 49,077.
The Nasdaq added 270 points, 1.2%.
Finished at 23,224.
The S&P 500 up 78 points, also 1.2%.
That's a trifecta there.
Ended things at 6875.
President Trump's proposed 10% cap on credit card interest rates were supposed to have gone into effect yesterday.
It's not a law or an executive order.
It's just the president talking, so there's no sign banks are complying at this point.
In Davos today, JPMorgan Chase CEO Jamie Dimon said capping rates would spell, and this is a quote...
Economic disaster, which, of course, JPMorgan Chase dropped a quarter percent.
Of course, he would say that.
Capital One, which reports earnings tomorrow after the close, up one percent.