Course and roared back which caused the dow to rebound from down 265 to up 53 points. S p advanced. 44 . Nasdaq gained. 87 . When you look at the link to the price of oil, the idea we could be headed into a recession has become a powerful fiend. A whispered under current in this environment that services when oil take as dive. When oil goes up we stop worrying. When oil goes lower, the story is back on the table. Then i get a second whisper. It goes like this. If we are talking about going into recession, why the heck does the fed feel the need to raise Interest Rates. And how can it be a march rate hike . Why are people so worried . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. You mean to tell me we are going to have a recession and the fed will raise rates or just an out and out declaration. Well have a recession because of the fed. Like this morning there was a piece of research from Morgan Stanley telli
Discussing recession yet again today if oil hadnt reversed course and roared back which caused the dow to rebound from down 265 to up 53 points. S p advanced. 44 . Nasdaq gained. 87 . When you look at the link to the price of oil, the idea we could be headed into a recession has become a powerful fiend. A whispered under current in this environment that services when oil take as dive. When oil goes up we stop worrying. When oil goes lower, the story is back on the table. Then i get a second whisper. It goes like this. If we are talking about going into recession, why the heck does the fed feel the need to and how can it be a march rate how can that be on the table . Why are people so worried . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. You mean to tell me we are going to have a recession and the fed will raise rates or just an out and out declaration. Well have a recession because of the fed. Like this mo
Worrying. When oil goes lower, the story is back on the table. Then i get a second whisper. It goes like this. If we are talking about going into recession, why the heck does the fed feel the need to and how can it be a march rate hike . How can that be on the table . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. You mean to tell me we are going to have a recession and the fed will raise rates or just an out and out declaration. Well have a recession because of the fed. Like this morning there was a piece of research from Morgan Stanley telling you to sell General Motors. General motors why . Because the profits are more at recession. I guess we are going into a recession. Maybe were in a recession or the Research Analysts wouldnt have spent most of the piece talking about how General Motors will get hurt in a recession. I started thinking about the conversation with fords ceo in San Francisco where he basic
Nasdaq gained. 87 . When you look at the link to the price of oil, the idea we could be headed into a recession has become a powerful fiend. A whispered under current in this environment that services when oil take as dive. When oil goes up we stop worrying. When oil goes lower, the story is back on the table. Then i get a second whisper. It goes like this. If we are talking about going into recession, why the heck does the fed feel the need to raise Interest Rates. And how can it be a march rate hike . How can that be on the table . Why are people so worried . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. To have a recession and the fed will raise rates or just an out and out declaration. Well have a recession because of the fed. Like this morning there was a piece of research from Morgan Stanley telling you to sell General Motors. General motors why . Because the profits are more at risk than people realli
Play and youtube. Do not miss our interview with a Theater Owner who screened the film. First the markets at record highs. S p 500 set for its 52nd closing high of the year. Will the rally continue into the new year . Joining us, hank smith at haver haverford trust. Do you expect this record to continue into 2015 . Yeah. We wrote about it last year and again we are writing expect pullbacks, expect corrections. They are a normal part of any bull market. We havent had a correction in 3 1 2 years technically speaking, a 10 decline. They should be shortlived and relatively shallow. Theres been lack of participation with retail investors. This is one of the most hated bull markets in history. People are now finally looking to enter the market and they are going to buy on the dips. Is that a good sign for the market . We were talking to a trader last hour who said when retail finally emerges, you want to sell. Thats a long process. It just doesnt happen overnight. This market is not cheap, b