In the year 1929, just before the crash, volatility was pretty low. Not as low as it is now, but actually volatility was pretty low. And then it just exploded after 1929 the crash kind of triggered itself well, shiller went on to wonder whether howard marks memo was a sign that the top of the market was, in fact, deer. Josh, if nothing else, the marks memo, the shiller comments and some other factors have rekindled the debate over where this market is, whether stocks are too expensive, and whether we should be paying much more attention to the fact that volatility is nowhere to be found. I mean, no offense to howard marks, who i think is a genius and bob shiller, obviously, i think is a genius. But bob shiller has been making cautious comments pretty much his entire career. And then hell, you know, say, oh, by the way, im just into it anyway im just owning the market anyway so put that aside. Number two on the volatility commentary, understand, we had low volatility through the 1990s,
Stories europe klug separatists in ukraine ignoring putins call to postpone an independence vote. I am powering the future. Ethiopia continues to build a hydroelectric damn. Why is that turning some people red with anger . The final whereabouts of hundreds of Syrian Opposition fighters who have been trying to leave their last stronghold in the old city of homs is unclear. They have been sloutd to leave under a u. N. Brokered cease fire. In the last few minutes, we have heard reports that they may not have made it to safety, that they could have been detained. We have we have no more details at the moment. In the meantime, their withdrawal is seen as a major victory for president bashar alassads forces. From rbeirut in neighboring Lebanon Reporter Syrian Army Soldiers fan out in the city of homs after armed rebels left their last stronghold. It took three years for the syrian army to regain control over syrias Third Largest city. Fears battled and many lives have been lost in the fighti
Validity of those numbers. And profit, the latest oil major to suffer from weakness in its refining business. The shares trade higher on the dividend hike. Well bring you an exclusive interview with the ceo. Sgra youre watching worldwide exchange, bringing you business new from around the globe. Very good morning to you, everybody. Its going to be a lot more about central bankers yesterday after we heard from Janet Bernanke yesterday. Janet bernanke, nice. No . Ben yellen . Lets keep to first names. But youre right, continuity is the name of the game, isnt it . Or maybe not as far as mark carney is concerned. Wow, very good question. What is he going to do today . Hell obviously say, look, the Unemployment Rate is no longer what we thought it was. He might focus on inflation. The simple message, Interest Rates are going to stay. Dont worry exactly. No one cares about all the thresholds and complicated stuff. Does he make it more complicated by introducing new thresholds and new things
Morgans accident fighting back tonight on twitter. Lets go outfront. And good evening, everyone. Im erin burnett. Outfront tonight, breaking news. A sickening image that has become all too familiar to americans around the country, and frankly, people around the world watching this country. Students walking single file, arms raised after a gunman opens fire inside their school. Today this scene happening outside portland, oregon, a student shot and killed, a teacher injured. And tonight the gunman dead from a selfinflicted wound according to multiple Law Enforcement officials. The president moments ago made his first comments on this shooting, and he took a broader a moment for a broader comment on gun violence in the United States. Take a listen. A lot of people will say that this is a Mental Health problem. Its not a gun problem. The United States does not have a monopoly on crazy people. Its not the only country that has psychosis. And yet we kill each other in these Mass Shootings a
They have after a year, i understand the desperation. Guess what . We have an Incredible Team of guests and correspondents with us to cover all the latebreaking details on this story that keeps on coming. Straight to Nbcs Kristen Welker at the white house. What new details are you learning about the meeting specifically and whats the white house saying about it . Reporter a lot of new details which donald trump jr. Is pushing back against this morning, steph. The New York Times revealing new information about that meeting that he had in june with a lawyer that the times says has links to the russian government. The sometimes reporting that before that meeting donald trump jr. Was sent an email, nched in an email that the material, damaging material about Hillary Clinton, was part of a russian government effort to aid his fathers candidacy. So this is significant because this is the first time that we are learning that someone within the Trump Campaign and trump world met with someone w