Declining. 23 . And the nasdaq dipping. 17 this session . Frankly, theres no one answer that explains why stocks are so resilient here. This is a complex and complicated market. Instead, there were a number of important factors at work. Lets get to it. Lets go over the reasons why the market hasnt been absolutely destroyed despite the crash of the Malaysian Airlines plane over ukraine and the ratcheting up of the antirussia rhetoric by president obama and his people this weekend. Pretty much, the markets decided for now that whatever sanctions we put on russia are not going to hurt the earnings of u. S. Based companies. Now, im not so sure if the conventional wisdom here is correct yet. Its certainly right if the west, including the United States does nothing more than what weve already seen against russia. The current sanctions arent going to hurt any companys earnings because i dont believe that putin is going to shut down, nationalize, or kick out the companies of any western countr
Democrats should stick to compromise infrastructure bill | READER COMMENTARY baltimoresun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltimoresun.com Daily Mail and Mail on Sunday newspapers.
i went on this show as well as the today show and said right into the teeth of selling, it s worse to stay the course. thursday s losses wiped out all the gains from may and june. you look calm as a cucumber. why? interest rates are going up. it is nothing worth panicking over. those who sold aggressively regret it. 500 positive points in the dow. looks like a no brainer. when you look at the tape today especially after the last couple of sessions. dow climbing, nasdaq jumping. it wasn t easy to do. so smart. what could have been by proprietary insight? i didn t have it. all i had was discipline. i felt interest rates could go higher. sent yields on a journey to 3%. almost double where they were earlier. i, too, was fearful that the fed, they got the data wrong. i fretted about the collapse in china. that was no different. but my philosophy is that no one ever made a dime panicking. acting emotionally. it has always been a loser for as long as i ve been in this racket