Over the past 48 hours detectives have worked tirelessly on this case with his associate. On saturday afternoon in queens. Two extraordinarily diligent investigative efforts and i want to complement our boys and the detectives on their work. The detectives were able to get a strong lead on a suspect early on. Conference in down town manhattan where the Police Commissioner and chief of detectives address the media about the investigation into this lane of two clerics that took place in queens over the weekend. Mayor diblasio touched on what a loss it is it is for the 8. 5 million new yorkers in the city. I offer my condolences and also assured the members of the Bangladeshi Community and the city that the killer will be brought to justice. Also to address the media was the chief of detectives in manhattan, he spoke of a suspect that they do have in custody. It may be in connection to the shooting, cannot confirmed as a monday afternoon. We believe because of the evidence we have acquire
Freedom, we need to suffer it up. Do you with what he said . The will pack just got back with their plan and a massive Little League turn meant first game is a win second game another win. Over the past 48 hours detectives have worked tirelessly on this case with his associate. On saturday afternoon in queens. Two extraordinarily diligent investigative efforts and i want to complement our boys and the detectives on their work. The detectives were able to get a strong lead on a suspect early on. I just left a press conference in down town manhattan where the Police Commissioner and chief of detectives address the media about the investigation into this lane of two clerics that took place in queens over the weekend. Mayor diblasio touched on what a loss it is it is for the 8. 5 million new yorkers in the city. I offer my condolences and also assured the members of the Bangladeshi Community and the Muslim Community all over the city that the killer will be brought to justice. Also to addr
To have every reason to be down again today in a followthrough and fought through. What do you make of it . We are not buying the same stocks. People have to understand. Part of the market on fire, no good. Look at a stop like bank of america. Look at wells fargo. There havent been bids underneath these stocks. Stocks that the liesman interview with stan fischer is calling for multiple rate hikes. Now, maybe they walk them back, but we get a strong employment number, these stocks continue to fly. Something to live more. Best performing sector today. On fire. This the buy signal in the group . Saying it the last six months, been dead wrong. You have to keep buying these. Buy the ones jim said, the regional banks. The signal that will happen, the economy is okay. If the economys okay, banks will do fine. Trading below book. Trading at a market discount. No money is in the sector, strong balance sheet, dividends, everything people were buying in staples and telecom. And also the ability t
Stocks that lead us higher for the last few years, no longer in charge. This time buyers are swarming over the banks. Thats right, the banks. Why . Because last week in jackson hole we learned we could be facing not just one rate hike but two this year. Not only did janet yellen tell us that a rate hike could be on the table, but vice chair Steven Fisher said there might be time for more than one rate hike in a sht now who benefits from rapid rate hikes . Who makes the most money . The banks. They can take your deposits and invest them risk free at the higher rates that the fed controls and the risk share automatically goes up. And thats why bank of america is definitively breaking out at last. Thats why the stock of wells thats a gigantic move. Thats why j. P. Morgan lost lustre. Do not ignore this move in the financials. The fed is telling you its going to happen. And if we get a strong employment number, watch out for the banks. Stronger loan growth, which comes in part because of g
So in a day when the dow gained 108 points, lets go through what the market is really saying. First translation, the same stocks that lead us higher for the last few years, no longer in charge. This time buyers are swarming over the banks. Thats right, the banks. Why . Because last week in jackson hole we learned we could be facing not just one rate hike but two this year. Not only did janet yellen tell us that a rate hike could be on the table, but vice chair Steven Fisher said there might be time for more than one rate hike in a short period of time. Now who benefits from rapid rate hikes . Who makes the most money . The banks. They can take your deposits and invest them risk free at the higher rates that the fed controls and the risk share ought mautomatically goes up. And thats why bank of america is definitively breaking out at last. Thats why the stock of wells fargo actually roared today, up more than 2 . Thats a gigantic move. Thats why j. P. Morgan lost lustre. Do not ignore t