Accelerating to believing that commerce has peaked and is now going downhill, which is why counterintuitively the dow gained 91 points, the nasdaq pole vaulted 1. 02 today. At the same time, a rally in the russian stock market, coupled with ukraines absence from the headlines and the fact that president obamas not inflaming the situation because hes on vacation have created an aura of diplomatic possibilities that are totally at odds with where weve been since the downing of mh17. Now, before i go over the markets, this new view, i want to explain the way i work. Boy, even after nine years on air, continues to elude people. The monologue is about what the market thinks at this moment and why the stocks went from point a to point b. About what did happen not necessarily what should be happening. In reality, my actual world view is at odds with the manicdepressive swings that this market gives you constantly. I dont like the all or none, black and white thinking buy, buy, buy of a market
New-york
United-states
Germany
North-carolina
Texas
New-light
Florida
Illinois
California
Russia
Washington
District-of-columbia