Positive. Positive things about the market that are at odds with what you heard and saw on your screen. Dow plunging 163 points, s p sinking, nasdaq losing. 80 . Im going against the grain at a session that once saw the market skyrocket only to plummet guns again. Let me give you the biggest caveat at all nothing im about to say will mean anything unless you have a month long time horizon which is short in the real world but sadly not in the stock world. To explain this i have to go back in time to the days when i ran a cup hundred billion dollars as a hedge fund manager. Let me walk you through what would happen each morning when we reviewed our passions with karen crimer w er wcramer who rg desk with an iron fist. These meetings were ugly, hideous, they were pointed. And they were dead right. We would start the meeting with a query. She would ask whats your world view . Whats your intermediate term view . Translation wharks do you think will happen in the world and how will it impact
Joke. October we were spoiled. Last year on this day it was 70, the year before that it was 80, but mothers nature is saying enough of that. Good evening to other view. Currently, not bad, midtoupper 50s, quantico 58, d. C. 59. Winchester 45. ,oday when we had the storms that was the cold front. It swept through and now the cooler air behind it and we will get another wave of moisture tomorrow. We will be talking about that in just a few minutes. The voting day forecast, going there arels, certainly a time when it be better than others if you wanted drive. Out the door tomorrow morning, t, 41 fairfax, germantown 39. Cooler. More on that coming up. Followingd we are breaking news from southeast d. C. Where the police are investigating after an offduty d. C. Cop witnessed an Armed Robbery near alabama avenue. The officer opened fire but missed. The criminal got away. Tonightned about 7 p. M. And there is still an active scene after 10 p. M. Stay with abc 7 for updates. Developments in th
Shanghai up. Early trading in europe, modest advances across the board. Cac is up. If you look at crude oil, last week was big for oil up 4 for the week, in spitting distance of 50. Up to 49. 78 a barrel. Corporate news the big one, Charter Communications announced it is not interested, i repeat, not interested in buying wireless carrier sprint follows news friday that sprint was interested in merging with charter to create a media outlet controlled we understand why a deal is attractive for softbank. Could kill any chance of deal between the companies. The wall street journal saying the ceo could make a formal offer anyway take a look at shares of sprint. Put context around whats going on sprint up close to 6 . Charter up marginally as well. Surprising sprint is where it is sprint had been talking back and forth to t mobile. Thats been the natural partner. T mobile effectively spurned sprint and sprint has gone on this sort of merger talk spree with anybody who will listen surprising
Was founded on. Was founded on it was founded on a deep and profound belief from people that brought a great these areo people all arguable and debatable points today, but in many ways benefited from that tradition. So, i want to talk about citizenship, which is an interesting concept because in the islamic tradition, citizenship, the actual word in is thefor citizenship place you were born. Historically, it is conferred upon people based on birth. You can be naturalized, but it is a birthright if you are born in a place, historically you are a citizen of that place. One of the interesting verses in the koran the koran swears by the city of mecca and it says the prophet was a lawful citizen of the country and had a birthright of being born into that city, he had a right to be there, and he had a right to think freely. And he was being wronged and oppressed. Is a birthright, but it is also related to the idea of suffrage and enfranchisement. The idea we can participate in our government
Do you have any doubts about trumps relationship with women . Donald Trump Defends his past. Its going to be unending from now to the election. Trump makes no claims about anything in terms of his life before he ran for office. As voters head to the polls tomorrow in kentucky and oregon, Bernie Sanders is hoping to keep his winning streak going. Federal investigators are trying to figure out what caused a deadly bus crash in south texas. Eight people were killed. The u. S. Coast guard has suspended its search for missing cruiseship passenger in the south of mexico. David cameron stands by his comments that your position on muslims was stupid, divisive, and wrong. It looks like were not going to have a very Good Relationship. Who knows . President obama spoke to graduates at rutgers. In politics and in life, ignorance not a virtue. Its not cool it to not know what youre not talking about. The queen with a horse pageant as part of her 90th birthday celebration. An allout brawl stops traf