20 books. I have a long list here. One of my favorite books is girls. Is earls. Is one of the first books to explore soldier motivation and ideology. It is an outstanding book. He has done any others that charge, ackets book on field fortifications. A lot of people dont love braxton bragg. Im not sure you will love him after you read earls book, but it is a fair and well researched , deeply analytical look. He has won a number of awards. I should note, this book fighting for atlanta, is published by the university of North Carolina press. Let me welcome earl hess. [applause] pete, veryhank you, much. Fighting for atlanta, tactics, is the and the civil war topic. The purpose is to understand one of the more important elements that influence the course of operations in the Atlantic Campaign. It is a followup to a trilogy that i did several years ago on field fortifications in the eastern campaigns. That was volume two of that trilogy coverage. Atlanta campaign was one of four that heavil
A quarterly beat despite increasing costs Berkshire Hathaway including d. R. Horton and lennar weve gotten another warning from fitch, this time the Rating Agency telling cnbc it may be set to downgrade dozens of banks that could include jpmorgan chase. Lets begin with the markets. A lot of credit card data said retail was going to come in strong here. Look, the fed has tightened we know that i dont want a big jackson hole boom, but the economy the consumer is strong the enterprise is strong the weakness is, what, in trucking, in some really bad retailers . David, at times you have to play a game where you find this weakness i need to know where theres weakness give me some weakness. China go to china, young man. China is not in america i just want to give you a little well, you didnt specify geography to be fair no. But in the absolutely china is weak. I wont give out numbers about unemployment because theyre all in school. Many of them are in school at least thats what the chinese ar
Everybody getting, you know, a little off the chain. I know what youre talking about. Parking was a challenging situation. Right now were tracking speeds in the green across the board and this will likely not stay that way as everyone is heading home so if you have anything to do and we have light traffic right now but keep in mind you want to postpone your errands this afternoon because you dont want to share the roads with everybody. East shore freeway moving at the limit, no delays at the maze, no backup. We rarely see that and fantastic and may not see those this morning. 12 minutes from the maze into San Francisco. Lets check in with neda on the forecast. Were not seeing the marine layer. The clouds are well above the Golden Gate Bridge and a welcome relief from the hot and hazy conditions. We have the haze in the sky and concord, 72 and a nice break from the heat with 73 livermore and 64 for San Francisco. Heres what to keep in mind and near normal on the bay and coast for the ho
Year have to hear this ridiculous trap and every year have to come out here and debunk it. These observations tell you nothing. Even on a day like today where the dow closed down 17 points. S p losing. 4 . This tells you nothing about tomorrow or the next month or the next year. So tiresome. But lets understand how this nonsense gets perpetrated so it doesnt mislead you. First, its true, there are patterns to things. We like to look at the technicals, right . So to speak because they show some patterns that you can try to make money from. We accept the fact that if a company has a pattern of missing its quarters then we shouldnt touch it until that pattern comes to an end. We totally buy into the notion when the fed raises rates. Thats a pattern you see time and again. Thats called economics but these other patterns, the season ones they just dont hold up under any scrutiny. For example i heard today this very morning that february can be a cruel month based on a bunch of bad februarie
We totally buy into the notion that the economy tends to slow when the fed raises rates. Thats a pattern you see time and again. Thats called economics but these other patterns, the season ones they just dont hold up under any scrutiny. For example i heard today this very morning that february can be a cruel month based on a bunch of bad februaries. Today dr. Stanley fisher spoke at the counsel while he was s certainly more dovish than hes been emphasizing data dependence and not the need for rate hikes he didnt take the rate hikes off the table but had he done so, we did a rate hike. We should wait a considerable period until we do another because of the worldwide turmoil since the last hike and then the averages would have roared higher today even as the softer commentsts would contend did provoke a rally. Does that mean if today would have been good we would have been in good shape for the rest of the month . Does that mean that we would call into question as january goes so goes th