Buy buy buy buy i dont know when that fact will bleed its way into the thick skulls of those who cant get their heads out of the Great Recession sand. But the usually down open off concerns about a troubled portuguese bank, and the subsequent beautiful recovery, where the averages rebounded nicely, dow going from down 180 points in the morning to just 71 points a to the close. S p closing down just 0. 14 , nasdaq down 0. 25 . That might jar some investors, that recovery, off their deeply ingrained europeanbased bearishness. Theres not a lot of good that comes out of getting hand surgery, but today may be one of those days, because it reminds me of how the 2014 market really works. See, this morning, i was totally out of the action, both in preop and then passed out under the knife. When i came to, i saw the market down a little less than half a percent and i had to work backwards to figure out what was going on, how did we get there . Sure enough, for those of you who werent unconsciou
There is no clue as to what happened in the middle east with planes that went missing last week. Hassearch and rescue team recovered a window that may have come from the flight that vanished from kuala lumpur to beijing. China sent rescue teams to the area and there is some evidence that the plane turned away from their normal route and may have been going back to kuala lumpur. The plane had a minor accident. The airline says it was in perfect working order. This aircraft was in the it was11 days ago and checked and nothing untoward was found. 1415 been operating hours a day since that time without any issue. This incident will be discussed through the course of the day. We will be joined in a short while. Lets have a look at the other stories making headlines and 100 trillion that is according to the bank of international settlements. There is a wave of borrowing with corporate and government. Exports fell 18. 1 . That is the biggest cents the financial crisis. Analysts were expecting
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