Transcript: Nightly Business Report – August 4, 2017

ANNOUNCER: This is NIGHTLY BUSINESS REPORT with Tyler Mathisen and Sue
Herera.

SUE HERERA, NIGHTLY BUSINESS REPORT ANCHOR: The bulls record run. A ninth
straight day of gains for the Dow. Is there more room to grow and where
should your money be?

The verdict is in for the “Pharma Bro”. We`ll tell you how long Martin
Shkreli could be behind bars.

Getting to work. Job creation grows. The unemployment rate falls and even
wages ticked higher. Is the job market firing on all cylinders?

Those stories and more for tonight on NIGHTLY BUSINESS REPORT for Friday,
August 4th.

Good evening, everyone, and welcome. I`m Sue Herera. Tyler is off
tonight.

The Dow closes at its eighth straight record. We`ll have more on that in
just a moment.

But we begin tonight with America`s job engine, which by all accounts
appears to be revving. The nation`s unemployment rate is at a 16-year low.
Positions are being added and even wages, which have been stubbornly low
for a long time, are starting to tick higher.

Today, the Labor Department reported that the economy created a better than
expected 209,000 jobs in July. The unemployment rate fell to 4.3 percent
and wages rose 0.3 percent.

Hampton Pearson takes a look at why the job market continues to be one of
the main strengths of the economy.

(BEGIN VIDEOTAPE)

HAMPTON PEARSON, NIGHTLY BUSINESS REPORT CORRESPONDENT (voice-over): In
July, American employers hired more workers than expected and raised wages
for a second straight month. The 205,000 private sector hires helped boost
the three-month average to 194,000, according to the Bureau of Labor
Statistics. And earlier this week, data showed unemployment claims dropped
again in a separate report showed planned layoffs down 9 percent from June
and at their lowest level in nearly a year, all signs of a job market that
continues to tighten.

The leisure and hospitality sectors led the way with 62,000 new hires.
Professional and business services added 49,000 workers. And health care
remains an engine of job growth with 39,000 new workers. Manufacturing
added 16,000 new jobs, the biggest increase in six months.

The unemployment rate fell to 4.3 percent, matching the 16-year low reached
in May.

AUSTAN GOOLSBEE, FORMER CHAIRMAN, COUNCIL OF ECONOMIC ADVISERS: I think
this issue that the labor force is expanding is a good one for the U.S.
Let`s not endanger that. But you see in these numbers, part of the solid
growth is continued growth of labor force and at least a bit of an uptick
in labor force participation. That`s definitely healthy.

PEARSON: And average hourly earnings were higher for a fourth straight
month, now at just over $26 an hour. And a just released study from the
Economic Policy Institute, a progressive Washington think tank, says low
wage earners are seeing the biggest increase. Wages are up a 5 percent for
those earning just under $10 an hour year over year.

ELISE GOULD, ECONOMIC POLICY INSTITUTE: What I`m seeing more broadly based
wage growth. And we`ve seen from much of the recovery from the great
recession. In fact, we`ve seen slightly stronger wage growth at the bottom
of the distribution than at the middle and the top.

PEARSON: But those wage hikes are not setting off any alarm bells for
monetary policymakers at the Federal Reserve. Leading economists say the
Fed will want more data before pulling the trigger on another rate hike.

VINCE REINHART, CHIEF ECONOMIST, STANDISH: I think the Fed is going to
need to see the manifestation of their model, i.e., see inflation move up
rather than down. Last four month has been sliding. They have a theory.
Slacks gone away. Potential output growth is low.

PEARSON (on camera): The hope now is those solid job gains will jump-start
consumer spending and boost overall economic growth.

For NIGHTLY BUSINESS REPORT, I`m Hampton Pearson in Washington.

(END VIDEOTAPE)

HERERA: Bricklin Dwyer joins us now to talk more about today`s jobs report
and the economy. He is the senior economist at BNP Paribas.

Welcome, Bricklin. Nice to have you back.

BRICKLIN DWYER, BNP PARIBAS SENIOR ECONOMIST: Hi, sue. How you?

HERERA: I`m good. Thank you.

That was a pretty solid report. But you`re still a little nervous or
worried perhaps about the lack of strength in wages, even though we did see
a little tick up.

DWYER: Yes, that`s right. It`s a good thing to talk about t of sectors
showing strength. All of that is very good. We`re talking about the
details and quality. That`s a good sign that, you know, things are on a
pretty good footing.

But the question is: all right, you got a job, but are you going get paid?

HERERA: What about part time versus full time? Did you see any
improvement in the part time component of report or not?

DWYER: Yes, we`ve seen some improvement in terms of the mix of part time
and full time. But there`s still, you know, there`s a whole heck of a lot
of people that are working part time that want to work full time. There`s
still a lot of people that are sitting on their couches waiting for the
right opportunity to join the labor force. So, there still is a bit of
slack when you look at some of these measures.

HERERA: What does mean for the Federal Reserve do you think? Does it
change the trajectory on interest rates or is the wage growth not yet
enough for them?

DWYER: Yes. I mean, from, you know, from their point of view, the Fed is
looking at the employment situation, saying, you know, the unemployment
rate is really low. We have a lot of jobs. Things are looking really
good, but they`re waiting for that wage fee, Sue, you just mentioned,
showing a bit more sign of acceleration. They were running at a pace of
about 2.9 percent at the end of last year, now, they`re close to 2.5
percent, so that`s slowing quite a bit. They want to see that going the
other direction and they want to see the influence on the inflation as
well.

HERERA: Health care, as Hampton Pearson noted in his report, has always
been a driver of growth, especially in the last few reports. But I was
struck by the gains in hospitality up better than 60 percent. The problem
is, isn`t those are lower paying jobs?

DWYER: That`s exactly. Leisure and hospitality, we had a huge gain in the
month, that was worth over a third of the entire gain of employment for the
month of July. You know, that looks good at pace value, but as you said,
you know, a lot of these jobs are lower paying jobs, so what we want to see
is you know, either those wages starting to go up or some employment and
some better paying sectors.

HERERA: All right. Bricklin, we`ll leave it there. Thanks so much for
joining us and have a great weekend.

DWYER: All right. You too. Thanks.

HERERA: Bricklin Dwyer with BNP Paribas.

Well, even though hiring is up, there are still millions of jobs that can`t
be filled. The big question is why?

Steve Liesman looks for answers.

(BEGIN VIDEOTAPE)

STEVE LIESMAN, NIGHTLY BUSINESS REPORT CORRESPONDENT: Government data on
Friday showed a strong 209,000 jobs created in July. But could it have,
should it have been more?

Another little note this report from the National Federation of Independent
Business suggests, well, maybe it should have been. It shows small
businesses having trouble finding workers. In fact, 87 percent of those
employers who were looking said they couldn`t find the workers they were
after. Why not? Well, a quarter said it was lack of job skills, followed
by poor work history, English and math skills along with problems with the
potential workers legal status.

BILL DUNKELBERG, NFIB CHIEF ECONOMIST: We would have a lot more people
hired if we could find workers that matched the requirements of the
employers. Job openings for us are running at 43-year high levels. So,
we`re looking for workers and these are the issues that seem to block their
getting employed and if we could eliminate some of these, of course, it
would be a lot better.

LIESMAN: Beyond resume problems, there were what you could call personal
problems. Fourteen percent of employers said workers were looking for too
much money, 12 percent said job prospects had an attitude problem, 14
percent of employers said candidates lacked what they called social skills.
And another problem that`s getting more and more attention, 10 percent of
employers said candidates were rejected because of drug use.

There is a limited role for government in helping solve this problem. For
example, funding rehab programs and making skills education more available,
but the NFIB says the private sector has to do the heavy lifting.

DUNKELBERG: As the supply tightens, they can`t be quite as picky, so the
good ones are gone already, except for the new ones coming in. So, they
can`t be quite as picky, so they`re going to have to take less qualified
workers, whether it`s attitude or skills or whatever, and try to work with
them and train them and make them fit into the slot that the owner has
open.

LIESMAN: In a limited way, employers already responding. Wages in the
Friday jobs report were a bit higher and the NFIB data showed 27 percent of
small businesses raising compensation in order to get those new workers.

For NIGHTLY BUSINESS REPORT, I`m Steve Liesman.

(END VIDEOTAPE)

HERERA: Nearly 40,000 jobs were created in the health care sector last
month and there`s one field in that industry that`s really in need of
workers — genetic counselors.

Kate Rogers (NYSE:ROG) shows us where the jobs are from Danville,
Pennsylvania.

(BEGIN VIDEOTAPE)

KATE ROGERS, NIGHTLY BUSINESS REPORT CORRESPONDENT (voice-over): As a
college student studying biology, Megan McMinn thought she wants to become
a physician`s assistant, but a desire to interact with patients led her to
genetic counseling.

MEGAN MCMINN, GEISINGER HOSPITAL GENETIC COUNSELOR: What genetic
counseling gave me was kind of a good split between patient care and the
hard science research end of things.

ROGERS: At Geisinger Hospital in Danville, Pennsylvania, McMinn sees about
six patients a day, working in oncology. Soon, she`ll move on to a
cardiology clinic helping to identify genetic risks for individuals. The
field of genetics has grown dramatically over the past decade, touching all
aspects of health care as medicine becomes more personalized. And now,
genetic counselors like McMinn are in demand with the Bureau of Labor
Statistics estimating the occupation is set to grow nearly 30 percent by
the end of 2024.

MARY FREIVOGEL, PRESIDENT, NATIONAL SOCIETY OF GENETIC COUNSELING: As
genetics permeate everything, there won`t be enough genetic counselors to
see every patient who gets genetic information.

ROGERS: Counselors don`t need to be doctors, but do need masters degrees,
making on average $80,000 a year. Salaries can reach up to $250,000
annually, depending on location and specialties.

The National Society of Genetic Counselors is doing its part to spread the
word to students in middle and high school about genetic counseling as a
career choice, as the field grows and the number of graduate programs is
increasing nationwide.

(on camera): The need for genetic counselors is already clear here at
Geisinger with 25 counselors on staff. The health system says it can`t
hire new counselors quickly enough, as genetic testing becomes cheaper and
more popular.

(voice-over): The hospital is home to the MyCode Community Health
Initiative, one of the largest databases of human DNA of its kind.

DR. DAVID FEINBERG, PRESIDENT & CEO, GEISINGER HEALTH SYSTEM: Over the
next few years, we would need hundreds of genetic counselors. I think they
will become a key member of the team discussing with patients and families,
you know, what to do next.

ROGERS: Geisinger also has a medical school and will soon offer a masters
in genomics to bring more counselors into the field. And while the job can
be challenging, McMinn says the ability to help more than just a patient is
a worthwhile pay off.

MCMINN: We are there for our patients. We`re there for our colleagues and
we`re really able to kind of bring to the forefront that fact that we`re
not just taking care of the patient, we`re talking of the entire family.

ROGERS: For NIGHTLY BUSINESS REPORT, I`m Kate Rogers (NYSE:ROG), Danville,
Pennsylvania.

(END VIDEOTAPE)

HERERA: On Wall Street, the record run continues. Pushed higher by
financials and defense stocks, the Dow notched its eight straight record
close and ninth straight day of gains. The S&P and Nasdaq managed to post
a gain as well. At the close, the Dow finished up 66 points to 22092. The
S&P gained almost five points to 2426. And the Nasdaq added 11 to 6351.

For the week, the Dow gained 1.2 percent. The S&P gained 0.2 percent. But
the Nasdaq was the loser on the week off 0.4 percent.

What has been missing the markets recent bull run has been participation
from the individual investor. But as Dominic Chu tells us, that`s
beginning to change.

(BEGIN VIDEOTAPE)

DOMINIC CHU, NIGHTLY BUSINESS REPORT CORRESPONDENT: Something appears to
be happening in the market that a lot of experts have been waiting for
patiently. And that`s more participation among every day investors.

Respected Sandler O`Neill analyst, Rich Repetto, is taking stock of the
first half of the year and according to him, the number of new brokerage
accounts opened in the first two quarters of the year has been on the rise.
These are brokerage accounts used mainly by individual investors. E*TRADE
saw around 99,000 new accounts opened in the first half of the year.
Ameritrade saw 233,000 new accounts and Charles Schwab saw 332,000 new
accounts opened in that time span.

Now, with the major indices all at or near record highs, it could be that
there`s more interest in what`s happening in the stock market and that it`s
drawing more investors into the mix. Some of the big concerns now involve
how much longer that run can last and whether it`s still worth getting into
the market at record high levels.

For NIGHTLY BUSINESS REPORT, I`m Dominic Chu.

(END VIDEOTAPE)

HERERA: Coming up, the verdict in the Shkreli trial.

And the rocket race. Why the sky is the limit for these start ups.

(MUSIC)

HERERA: A verdict in the fraud and conspiracy trial of the so-called
Pharma Bro, Martin Shkreli, who was charged with eight counts of securities
fraud and conspiracy. Now, he could face up to 20 years behind bars.

Meg Tirrell has the details.

(BEGIN VIDEOTAPE)

MEG TIRRELL, NIGHTLY BUSINESS REPORT CORRESPONDENT: Well, it was a six-
week-long trial, including almost five full days of jury deliberations.
That jury reaching a verdict in the afternoon on Friday, finding Martin
Shkreli guilty on three counts, not guilty on five of those. Those three
include two charges of securities fraud having to do with former hedge
funds that Martin Shkreli ran and one count of conspiracy to commit
securities fraud relating to his former biotechnology company Retrophin.

The government, of course, had arrested Mr. Shkreli in December of 2015,
saying that he defrauded investors in those hedge funds, then robbed his
former company Retrophin in order to pay them back. Though Shkreli was
found guilty, of course, on three of those eight counts, he really pledged
victory when he came out of the courthouse today, including calling his
attorney Ben Brafman his hero.

MARTIN SHKRELI, FORMER TURING PHARMACEUTICALS CEO: This was a witch hunt
of epic proportions and maybe they found one or two broom sticks. But at
the end of the day, we`ve been acquitted of the most important charges of
this case and I`m delighted to report that.

TIRRELL: Martin Shkreli, of course, no stranger to social media, getting
back on YouTube and live streaming comment about the trial, what might come
next almost immediately after arriving home from court today. So, if one
thing is certain, this is not the last we`ve heard the from Martin Shkreli.

Meg Tirrell, NIGHTLY BUSINESS REPORT, from Brooklyn, New York.

(END VIDEOTAPE)

HERERA: Toyota (NYSE:TM) Motors is taking a stake in its smaller Japanese
rival Mazda. Under the alliance, Toyota (NYSE:TM) will take a 5 percent
share in Mazda. The two companies will also build a $1.6 billion U.S.
assembly plant and work together on electric vehicles. The location of the
plant has not been made public. Toyota (NYSE:TM) says it will be able to
produce 300,000 vehicles a year.

Well, start ups are reaching for the stars these days. Morgan Brennan
explains how things are really looking up.

(BEGIN VIDEOTAPE)

MORGAN BRENNAN, NIGHTLY BUSINESS REPORT CORRESPONDENT: The rocket race is
ramping up. And for the startups leading the charge, when it comes to new
business ideas, space is the limit.

The latest example: Vector Space Systems, which successfully launched its
new rocket from a Georgia space pad this week. It was the second test of
the 40-foot tall Vector R and while it didn`t reach orbit, the launch puts
the company on track to begin flying tiny satellites to space next year.
The CEO and cofounder Jim Cantrell who was a founding member of Elon Musk`s
SpaceX team says the goal is to fly this micro rockets hundreds of times
per year for the staggeringly low sum of $3 million per launch.

JIM CANTRELL, CEO AND CO-FOUNDER, VECTOR SPACE: To do this, what you
really have to be able to do to scale rockets to that kind of flight rate
is three things. One, you have to design the smallest and simplest rocket
possible, which our Vector R, then you have to manufacture them like
sausages, then you have to learn how to fly it, fly `em like crazy.

TIRRELL: The startup has sold more than 180 launches so far and has raised
more than $30 millions from Sequoia Capital and other Silicon Valley
venture capital firms. Vector is targeting the burgeoning micro satellite
market, a market underserved by traditional space companies and even some
new ones like SpaceX, that launch bigger and more valuable payloads less
frequently.

CANTRELL: These satellites are being built for hundreds of thousands of
dollars, where it used to be tens or hundred of millions of dollars. So,
the fact that those are being built in such great numbers gives us a
market.

TIRRELL: But that`s not to say Vector doesn`t have competitors. Rocket
Lab`s mini electron rocket recently blasted off in a maiden flight from New
Zealand. And Virgin Orbit just announced plans to fly its Launcher One in
the first half of 2018.

It all speaks to the bigger and bigger role the commercial sector is now
playing in space, a role the Space Foundation pegged at more than $250
billion last year, meaning it now accounts for three quarters of the
growing global space economy.

For NIGHTLY BUSINESS REPORT, I`m Morgan Brennan.

(END VIDEOTAPE)

HERERA: Pershing Square Capital seeks a management shake up at ADP, and
that`s where we begin tonight`s “Market Focus”.

ADP said the hedge fund which holds an 8 percent stake in the payroll
processor, requested that the company push back its deadline for director
nominations so the Pershing Square could nominate five directors, one of
whom being billionaire investor Bill Ackman. The hedge fund is also
calling for the replacement of ADP`s chief executive. But ADP has rejected
both of those requests. ADP shares were off a fraction to $111.39.

The travel booking site Trivago saw its loss narrow in the latest quarter,
but the result still disappointed the streets. Total revenue did pick up
some gains, but shares of Trivago were punished, falling more than 18
percent to $17.42.

The meal kit delivery company Blue Apron is shutting down one of its New
Jersey facilities so that it can focus on a newer location also in the
Garden State. The company said that the more than 1,000 employees who will
be impacted do have the option to transfer to the new facility. But the
company noted that it expects nearly 500 workers not to make that move.
Blue Apron shares fell 6 percent to $5.83.

And Wells Fargo (NYSE:WFC) said a more extensive review into its fake
account scandal could reveal more unauthorized accounts than previously
known. The bank said the potential new discoveries could result in legal
costs that exceed the amount the bank has put aside by more than $3
billion. Shares were down 1 percent to $52.84.

It`s time now for our market monitor who has stock picks he says you`ll
want to own in your portfolio for the last next three to five years. The
last time he was on back in December, he recommended First Republic Bank
which is up 11 percent, Disney (NYSE:DIS), which is up 3 percent, and MGM
is 11 percent higher.

Joining us is Ross Gerber, president and CEO of Gerber Kawasaki.

Welcome back, Ross. Nice to see you.

ROSS GERBER, PRESIDENT & CEO, GERBER KASAWAKI: Nice to see you, too.

Let`s start with MGM. You still hold it. You recommended it before. And
you are extremely focused on Vegas and MGM specifically.

GERBER: Yes, it`s an amazing time to be in Las Vegas. I mean, with the
Mayweather-McGregor fight coming, it`s going to be the biggest fight of all
time. You know, rooms are sold out and the highest ticket prices are like
$50,000 for ring side seats. So that`s one catalyst on the short-term.

But on the longer term with sports coming into Las Vegas, with the Golden
Knights hockey team as well as the Raiders coming in the next few years, it
also adds a lot of construction, which into the mix, which also helps the
economy for the locals as well. So, we`ve got a confluence of events on
top of now Las Vegas legalizing marijuana, which brings a lot more tourism
in as well, so there`s a lot of good things happening in Las Vegas.

HERERA: All right. Well, the stock as we`ve noted has had a really good
run recently.

Activision, you say you can`t underestimate momentum in gaming now and e-
sports.

GERBER: Right. This is like the new biggest thing since the X Games and
what I would call alternative sports. You know, the kids today are all
playing video games and now, it`s, you know, legitimate leads and for big
money. And Activision has been able to sell its first Overwatch League
with $30 million for a franchise.

You know, this is an incredible amount of money for an untested idea, but
the viewership on e-sports is off the charts on the streaming sites. But
on top of the fact, their model is just working by focusing on really good
games as well as massive multiplayer ongoing games at Blizzard.

HERERA: OK.

GERBER: And now, mobile games Ad King. They`ve just got the entire gaming
world cornered right now.

HERERA: I`ve got 30 seconds to go through the lower cost ETF for emerging
markets, IEMG.

GERBER: Yes, it`s a lower cost way to play the EEM. We love the emerging
markets right now. They`ve underperformed over the last ten years. We
expect it to outperform over the next five to 10 years. It`s a great play
on China and you get Tencent and Samsung as top holdings, which are also
just wonderful investments at this time. So, we really like China right
now.

HERERA: Ross, have a great weekend. Thanks for joining us.

GERBER: Thank you.

HERERA: Ross Gerber with Gerber Kawasaki.

Coming up, we`ll meet the young woman whose bright idea to make removable
wallpaper is breathing new life into her family`s business.

(MUSIC)

HERERA: Almost 90 percent of family businesses failed by the time the
third generation takes over. One key to survival is innovation. In
retail, merely being online won`t be enough for many companies. But as
Tyler Mathisen tells us, one Midwesterner who found her way to New York
City is using her family`s manufacturing capability to make a bright idea
for removable wallpaper stick.

(BEGIN VIDEOTAPE)

UNIDENTIFIED FEMALE: I feel like this is like more like a story.

TYLER MATHISEN, NIGHTLY BUSINESS REPORT (voice-over): The story is the
thing for Elizabeth Rees. But this former journalism student never thought
her story would become a third chapter in her family`s business. The 91-
year-old Kubin Nicholson printing plant in Milwaukee.

ELIZABETH REES, CHASING PAPER FOUNDER: I didn`t really see my family`s
business as something creative. It wasn`t even on my radar. It wasn`t on
my orbit.

MATHISEN: In 2010, Elizabeth`s father, Mike Rees, mentioned a sales
opening in his New York office while visiting her at grad school in Paris.
When she moved to New York, Elizabeth began a redesign of the company`s
Website. That story begins with event and movie posters, graduates to
billboards and later, wraps, everything from trucks and buses to entire
building facades. Over time, the printers of the Humongous have adapted to
numerous plot twists.

E. REES: That is where I started to think, wow, we could be doing other
things.

MATHISEN: Other things that Mike Rees hoped might jump-start a stagnating
business. Elizabeth dabbled into wall size maps, signs for glass doors,
but a start up looking to decorate temporary New York office space changed
her life.

E. REES: That was kind of the moment where I started dipping my toe
saying, well, what`s out there in removable wallpaper.

MATHISEN: Eight months of research unearthed the high-end and low end, but
almost nothing attractive in between.

E. REES: Something that was like bespoke, one of a kind, very specialized.

MATHISEN: Removal wallpaper designed with an artist`s touch.

E. REES: It doesn`t pull paint.

MATHISEN: Her plan: to license contemporary work by artists in New York.

E. REES: All hand water color.

MATHISEN: And print wallpaper on demand back in Milwaukee. Mike Rees was
onboard almost immediately.

MICHAEL REES, KUBIN-NICHOLSON CORP. PRESIDENT: It had the back end here.
We had plenty of capacity for her. We have a good system. And it`s again,
print on-demand is printed and out the door it goes.

MATHISEN: Profitable almost from the start, Elizabeth`s venture sold about
$175,000 worth of her Chasing Paper in 2013.

E. REES: This year, we`re on track to do over a million.

MATHISEN: Chasing Paper`s two by four panels sell for $40 a piece on the
company Website, as well as the Urban Outfitters (NASDAQ:URBN), West Elm
and Bloomingdale`s site.

SHELLY LYNCH-SPARKS, HYPHEN FOUNDER AND PRINCIPAL: Being able to remove
something and start all over from scratch again is one of the most amazing
feelings.

MATHISEN: Interior designer Shelley Lynch-Sparks has used Chasing Paper in
more than 20 projects, including the new office space she`s developing for
Rent the Runway.

LYNCH-SPARKS: I have always customizing for commercial clients and they`re
really trying to identify themselves in the space. So, we designed the
wallpaper and then we gave it to Elizabeth. And then, you know, her
designer puts a spin on it. A lot of her colors are really bold and give
it a nice pop.

MATHISEN: Chasing Paper is also working for DIY-ers at home, ordering as
few as one or many panels to help them sell their stories.

REES: People are just wallpapering in a different way. Now, it`s an
accent wall. It`s again, the black splash in your kitchen behind your
built in, or, you know, a kid`s room. It feels like, you know, a piece of
art.

(END VIDEOTAPE)

HERERA: And in fact, Chasing Paper will introduce a new art collection
this fall. And like all survivors, Elizabeth Rees is changing. She`s
entertaining thoughts about moving home to Milwaukee, where she may take a
more prominent role in the family business.

That will do it for NIGHTLY BUSINESS REPORT tonight. I`m Sue Herera.
Thanks for joining us. Have a great weekend. We will see you back here on
Monday.

END

Nightly Business Report transcripts and video are available on-line post
broadcast at http://nbr.com. The program is transcribed by ASC Services II
Media, LLC. Updates may be posted at a later date. The views of our guests
and commentators are their own and do not necessarily represent the views
of Nightly Business Report, or CNBC, Inc. Information presented on Nightly
Business Report is not and should not be considered as investment advice.
(c) 2017 CNBC, Inc.

 

This entry was posted in Transcripts. Bookmark the permalink.

Leave a Reply