Inventory restocking will boost the second half of the year resulting in growth that exceeds 2 . Commercial real estate, the multifamily units, thinking theyre a ticking time bomb for leveraged institution. I happen to think hes on something with respect to overbuilding, but the notion that our economy is on fire and jobs are near full employment is absolutely nuts. I still dont think the feds going to hike before the election but i think december is in play. That said, there is no inflation scare and wages are not moving fast enough to be velocity of money. I see this as a hand fisted way of getting investors ready for a hike, perhaps december, certainly 2017. Lets face it, the lost integrity is doing damage reputation to the fed beyond the minds of many to be repaired. Joining me Veronica Dagher and ross peters. You think its doing pretty well, but the economy that rosengren painted was like utopia. This is another example of irresponsible and inept behavior on the fed. He came out t
Inventory restocking will boost the second half of the year resulting in growth that exceeds 2 . Commercial real estate, the multifamily units, thinking theyre a ticking time bomb for leveraged institution. I happen to think hes on something with respect to overbuilding, but the notion that our economy is on fire and jobs are near full employment is absolutely nuts. I still dont think the feds going to hike before the election but i think december is in play. That said, there is no inflation scare and wages are not moving fast enough to be velocity of money. I see this as a hand fisted way of getting investors ready for a hike, perhaps december, certainly 2017. Lets face it, the lost integrity is doing damage reputation to the fed beyond the minds of many to be repaired. Joining me Veronica Dagher and ross peters. You think its doing pretty well, but the economy that rosengren painted was like utopia. This is another example of irresponsible and inept behavior on the fed. He came out t
Trump is trailing. Trump sure to flood the democratic nominee with attacks on her comments about millennials living in their parents basements. Well take it all up with our Political Panel. On wall street, uncertainty over the british exit from the European Union and a Deutsche Bank settlement driving the markets a little lower today, first trading day of the month and the quarter. Dow down by more than 67 points. Plus, the latest on hurricane matthew, Kim Kardashian and Charlie Gasparino will be here to break something. Hell be here soon. Were less than an hour to go until the closing bell rings on wall street. Im Connell Mcshane in today for liz claman, good to be with you. Lets start the countdown. Connell all right. Here we go. Breaking news, theres a chill in the air as investors carefully step into the last quarter of the year. Stocks kicking off the first october trading session on a bit of a frosty note. All three to of the major indics currently in negative territory, down by
Night instead of 10 00 starting on monday. 16yearold skateboarder Tyler Wofford uses the park regularly, but he doesnt like the change in the park. I stay here very late a lot because my mom gets off work late. I dont know whatly do. She gets off at 10 00. I dont know whatly do for the two hours. Reporter Lakeland Police have made several drug arrests in the park. We are making a rule for the 1 . We are asking them to leave, they are not leaving. Reporter justin is a Founding Member of the Skaters Alliance and met with city officials. Some of these issues have been addressed before. Things got better an then worse again. I see where the city is coming from when they say they are exhausted with trying to deal with some of these issues. Reporter a family visiting from brazil knows all about the problems that can happen in state parks. The places and they should be very safe for the kids. So i think it is the way you have to do things. Reporter skateboarders like tyler hope the bad apples
Quarter report. Could come out any minute. If history is our guide well see the stock move up or down as much as 10 based on what happens. First lets get you back to these stocks, dropping into the close. Lets go right to adam shapiro at new york Stock Exchange. Adam, it was about 2 30 when the market really began to slide. What happened . The. Reporter i asked some of the traders down here and they said it is just algorithms, computerized trading started the selloff. When we broke below 2095 on s p 500, those computers kicked in and down we went. Look at stocks that sold off big, ibm was down close to something 2. 1 . Home depot was down over 2 . Apple, we keep talking about apple after they missed on earnings, look at that apple down 3 . Goldman sachs down what, 1 1 2 . Boeing was down close to 1 1 2 as well. What is surprising after we got the bank of japan news this morning which surprised everybody, we started to pull back from the selloff. We were one point down only 12 points on