My eyes are all on the bond market, both the 10 year and 30 year perhaps approaching the record low. Im taking a look at Cathay Pacific shares. We had reports about the airport in hong kong, whether flights or canceled flights were canceled or not. Right now it looks like only check ins were canceled. Dollaryen continues to strengthen come of strongest yen has been in the last 18 months or so strengthen, the strongest yen has been in the last 18 months or so. David we are joined by bloombergs Marty Schenker and sarah ponczek. Lets start with argentina. A chart here shows the price of credit default swaps in argentina. You dont need to know calculus to know that is not a good thing. So why are people so nervous about mr. Macri going out of office . Marty because they are very protectionist, and everybody is heading for the exits. Taylor i spoke to damian who covers aerday, lot of the emerging markets, and asking him what gauge measures the risk the most. What in your area you are resear
A year. Stocks have given back their early gains from that strong jobs report. The real question, josh, is where in the world do we go from sneer how disappointing do you think it is that we dont have a meaningful bounce to talk about off of a great jobs report and maybe some stabilization in china if you want to call it that . So the s ps off 9 1 2 from its alltime high. The russell, though, is down 19. Which is something weve pointed to very frequently. And i think its pretty obvious that at this point were in a down trend. The worst thing that could have happened this morning was a big gap up and thats exactly what happened, and thats why it failed. I think the most important thing for investors to understand is that the big up moves, the big oneday rallies, they all occur in down trends, they all occur in bear markets. 22 of the 25 best days for the dow jones of all time took place when the market was below its 200day. So the worst thing you could be doing right now as an investor
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