Today but we start with todays turnaround after a weekend of threats and a global selloff that saw markets from asia to european drop, u. S. Stocks prove resilient with all tree indexes finished in the green. So faced with one of the most significant escalations in mideast conflict than weve seen in years, investors are Holding Strong could anything shake this market what do you make of the action. Welcome back courtney and tim has been away. Thank you. It is shocking. At one point the vix was 16. 5 and in an environment where the vix has no business in my opinion below 14 i explain it with beginning of the year inflows in a significant way and the fact that the Federal Reserve keeps pumping in liquidity at record paces. Now north of 400 billion since september. At this pace, by april of this year well have exceeded the alltime high for the Balance Sheet for the Federal Reserve which in my mind is just madness. I think that is the explanation. Now the fact that taib contin s continue f
James R. Watson died on Friday, Dec. 4, 2020 at the age of 84.
Jim had a life full of accomplishments. He was born in Graham, Texas where he grew up and attended Graham High School graduating with numerous football and track awards. Jim received a football scholarship from the University of Texas at Austin, where he played running back for the Longhorns.
He received his Bachelors of Business Administration degree in 1958, then attended the University of Texas law school, obtaining his Juris Doctor degree in 1961.
It was as an undergraduate at The University of Texas where Jim met his wife of 43 years and mother of his children, Linda Louise Zerbe. They were married on June 1, 1958, in Houston, Texas.