Head to pang chayeongchang in a minutes. Were joined by senior Portfolio Manager chief equity strategist bob doll bob, you know, were watching markets this morning sort of bounce around. The s p 500 actually kind of firmly in the green right now. It has been very strong week following that roughly 10 correction where are we right now well, that we bounced i dont think should be any surprise we got the positive technical divergences last week. The surprise is how far and how fast we have bounced its amazing you cant keep a good thing down, i guess. Our view was, you know, 2700 plus or minus 50 s p 500 points and were at the upper end of that now so were going to have to make some decisions here. Were going to have to, i think, pause and do some testing at some point well see what that looks like but this rally this week has been pretty amazing. I agree with you when you say we have to make some decisions here, what do you mean yeah, do we take some money off the table . Do we lower beta
And they ignore met, and then in 2011 i started speaking with dan cain of the record and then in 2012 when i was still talking to him, went to president fridays funeral, and i remember mittwill with him in 2010 and i felt really bad when i heard about the president friday and how important academic integrity was to him, and i spoke to my husband chuck about how upset was. He start started a blog. It went viral, and then dan cain said, youre base chris basically on the record now so off to the races we went, and then i met jay at around that same time, and his he personally and his athletic reform group, group of faculty have had my back and although it seems like i have had all this hate, which i have, fans are fanatics i have had many more supporters encouraging me on because many of us know that this is the truth and that we have seen this ourselves. And wed like to do something as well but iland to be in the right place at the right ty time have great support from my husband and fam
Division1 profit sports but well separate those and were going to pay you were going to give you benefits, maybe make you an employee like the Northwestern Football Team its suggest. We are waiting for nlrb to rule. Maybe these booster issues would goo away. Then the scholarship issue goes away and all these perks go away. So its hard to really it is a complex business problem. Youre getting to the money corrupts. I think its fruitless to try to control it so its better several the relationship. Thats my opinion. But mary is getting there. What . The immensity of the problem in bigtime College Sports where would you locate yourselves on the spectrum from optimistic to pessimistic insofar as Significant Movement toward a solution . Im optimistic because im in it to win it, as the ncaa says. And i think that were riding a wave right now that is pretty positive. As michael housefelled who fought opanon case he said the door is open a little bit to fix this. We have to take it off the hing
Faculty at unc are not on the tenure track. The majority of faculty do not have the appreciation of tenure. Hey michael they want somebody who looks like he stood up for them. The degree to what primary voters on both sides motivated by resentment and those people really dont understand. Heres a guy who does understand and that happens on both sides. I dont think that was actually true 30 years ago. The degree to which its almost exclusively affecting republics and democrats. Sunday night. Youre watching book tv on cspan2. Next we examined the standardized testing in todays education. It cost taxpayers up to 1. 4 billion per year my name is monica golden and we are very happy to welcome anya and her latest book the test. Why schools are processed with standardized testing and you dont have to be. It talks about the failure of american testing in Public Education. In the last 20 years they have dramatically increased standardized testing and they are sacrificing learning in the face of
chrysler building and empire state building. i don t know about that one. but before we continue to talk about that and other news, let s get the round-up of today s business stories from mandy. unbelievable, right? he didn t even have a harness. i m sure there s market metaphors in there somewhere. let s get you covered on top stories this morning. china s cash crunch appears to be easing just a bit today after the central bank moved to prevent the money market from seizing up. however, bank stocks still took a real big beating after the people s bank of china said banks need to do a better job of managing their cash and lending. goldman sachs became the latest bank to downgrade china s economic growth. the firm says tighter financial conditions and reforms are a down side risk for the world s second largest economy. more from our colleague eunice yun in beijing in just a moment s time. but in the meantime, the bank for international settlement says central banks should no