Adp showing private sector jobs up by 200,000 in september, that beats forecasts. So far in q3 the dow and s p are down almost 9 . The nasdaq has fallen about 9. 25 . Im sure you have seen the Global Market cap at twoyear lows, below 60 trillion. 11 trillion lost money. I think its important to point out that there were some huge orders from some large mutual funds at the close yesterday, fiscal year does end for a lot of mutual funds. September 30th, gives you a fuel three months to figure out what to do with the money that you get that they take from capital gains. I think they were a huge part of the problem in the last few days, getting out of strongs. I think a lot of the Fund Managers have turned bearish. I think you get a bounce because the fiscal year is over today and theyre not selling. Thats more important than any piece of data. A lot of discussion about the cash balances being low. As people wanted to exit they had to sell. Right. I think its important. This is a flow of f
Smuck smuckers. And target. In the senate, falling one vote short of the 60 votes that were needed to approve construction. Andrew. Well continue to talk about that subject in just a little bit. But in the meantime, teaming up to take said to be offering more than 7. 5 billion to other pea farms working on their own joint bid. Cutting costs, changing its management team, its cfo is retiring after 32 years from the country. Among the bucket cuts, getting rid of its plane. What are you giving me a look for . Im not looking at you. Boosting results. What time is it . And then we should say barrett gold naming a new ceo city latest shake up at the miner. Jack in the box. You breathed right through jack in the box. That was no problemo. In terms of im a chipotle man. Its there, right . Its difficult. Qatar, but no one knows how to say that one any more, right . I think we should tell people just about the we were just saying there was a shakeup going on. Why . But if we go higher, barrett g
What, if you feel better later, you can read some of my stuff. Tag team. Youll owe me if i read this for you. Why did you do the back of your hand . Oh, you were doing the fist pump. You know why we do that . Germs. You dont care about germs. No, for you. The ecb decision is expected around 7 45 eastern. All these comments are going to be important for mario draghi. Hell host the News Conference about 47 minutes later. You think about what will it do to the euro versus the dollar versus the yen, what about, we always talk about why our tenyear is where it is. Germany, theyre even lower over there. You think about how impactful the recession in europe from a couple years ago and how much it impacted what our fed did here and what our economy does. Its a big trading partner. We may have but for the first time maybe theyd be moving in a different direction. Its important for us. I dont like to give them that much importance. I think our economy, were the strongest. Today for a little whil
She when you went to paris, did you see the beautiful mansion . There was a horrible there was a horrible fire at up with of t one of the oldest mansions in paris. Since you finally saw some of the world, i wonder no. I wondered when i saw it this morning. In the spirit of the more the merrier, none of us can contribute enough that we well start with two guest hosts, well add a third. Well bring in kate kelly in. Well have some remote camera somewhere and set up a bunch of chairs and then have a studio audience. Hopefully that will be enough so we can do this without andrew. All right. Dan colaruso is here this morning. And david kelly, chief global strategist of jpmorgan funds. Well speak to them. I already had a conversation with david kelly in makeup about the bernanke and i think none of them have any now david are you supposed to read this next read . Do you see what it says there . Kelly. Oh, oh, oh, no, no, no, no. I forgot about that. There are a lot of kellies going this morni
With a net worth of approximately $150 million, Jim Cramer, known for his show "Mad Money" on CNBC, is one of the most popular financial news anchors. He is…