The nasdaq firmly in correction tirtory and approaching perhaps bear market territory. What is confuse issing we have never seen this in terms of being a Global Market and a global economy. You sort of have to throw out the old playbooks, but you know, time will cure all ills. The question is how long will that take . You are seeing massive capital outflows out of china, as we talked about it earlier in the week. Theres wild speculation. This point they remove the pay. That gives you an idea of how important it is. China is really going to get in their horse. Larry fink said, you know, absolutely appropriately. Very diplomatically. Theres confusion over there. The damage done to areas of this market is stunning over the last couple of weeks alone. Financials just this week are getting hammered, but over the last two weeks almost every Major Financial Institution stock is down double digit percentage points. As were watching the s p 500 today, were a mere handful of points above the aug
Culture and relevancy and in the 3 criteria that is outlined and i will go ahead and read them the businesses operating in San Francisco are for thirty or more years with no break in San Francisco operations exceeding two years and from the businesses operated for more than 20 years but less than thirty and sill satisfies the criteria the Small Business commission of these this business as significantly contributed to the history avenue particular neighborhood or communities and if not knit in the registry theyll face displacement again even with that criteria we have to remember the mayor or the board of supervisors that makes that determination of the businesses under thirty years the businesses troubled to the neighborhood history or identity of the community and the business is commented to the physical altercations defined including the art formations so section 3 is the business telling their story about those 3 criteria and those 3 criteria and weve asked for them excuse me. To
Look into the future. Today kicks off with a focus on investing. Our guest today is Hedge Fund Legend leon cooperman and gabelli and rick rieder. Were excited to bring you this conversation all here at 8 00 eastern time and later this week, president ial candidate jeb bush and bill ackman but first lets get you up to speed on todays headlines. So that was the 20 year i thought it was 20 years since we had all been here at the same time. Three months. No, three months. Summer is up. Beginning of game day. Its a feel good song. We are united. We have not seen each other for weeks. Lets get caught up this morning. U. S. He equity futures. Here it s. Well show you whats going on. We are rallying this morning. Dow looks like it would open up much higher. S p 500 looking higher as well. Another volatile trading session but by the end of it things were looking up there as well. Chinese stocks rallying into the close. The top economic planner approved Railway Projects worth nearly 11 billion.
Disagree over some issues that were passionate about. We will. Congress will pass some bills i cannot sign. Im pretty sure ill take some actions that some in congress will not like. Thats natural. Thats how our democracy works. But we can surely find ways to Work Together on issues where theres broad agreement among the American People. So i look forward to republicans putting forward their governing agenda. I will offer my ideas on areas where i think we can move together to respond to peoples economic needs. So just take one example, we all agree on the need to create more jobs that pay well. Traditionally, both parties have been for creating jobs, rebuilding our infrastructure. Our roads, bridges, ports, waterways. I think we can hone in on a way to pay for it through tax reform that closes loopholes and makes it more attractive for companies to create jobs here in the United States. We can also Work Together to grow our exports and open new markets for our manufacturers to sell mor
The army reserve responded within 24 hours and had forces moving to the east coast. I provided dewatering units, Aviation Assets to help the National Guard and it worked just fine. Break. Go to d. O. D. , fema, eplows. 100 provided by the army reserve embedded in your fema regions. 50 it shall over 50 of the d. O. D. Are provided by the army reserve which is utilized routinely to defend the homeland in terms of complex catastrophes to support the Guard Brothers and sisters. That all happened in the National Defense act of 2012. Paul, before we go to you, judd, can you talk that from a National Guard angle . Yes, sir. In addition to what general talley mentioned about authorities in place a unique aspect of the air National Guard is our ability to operate under state active duty underneath the funding and control of the governors. The response capability exists. We saw it time and again across the 54. The Additional Authority that general talley mentioned, i might add in terms of contro