Accommodative policy and more from that interview with Christine Lagarde stepping down from the imf taking the top job of the ecb president in november take a listen to her view of the u. S. Economy right now its the longest period of growth in our country. The unemployment numbers are at rock bottom. Its in a very good place. Her thoughts on trade, china, and the likelihood of a global recession all coming up. First, mark tepper, ceo of Strategic Wealth partners, welcome back youve been surprised, impressed at the resilience of the market during september, which is not seasonally a very strong month september a usually a very sleepy month historically. Its down somewhere between half a percent and a percent, but so far this month, were up about 2 , so thats pretty good. I feel like were in a tina situation, where theres really no better laplace to invest your monday yields have come down on bonds its really not interesting to invest in the euro zone. Tina, there isno alternative. Ther
Near the City Of Isfahan which is at the centre of Irans Nuclear programme. It appears to be the latest tit for tat exchange between the two arch enemies. For days, israel has been threatening to retaliate after it was targeted last weekend by 300 iranian missiles and drones. Our middle east correspondent, yolande knell, reports. Lighting up the night sky over isfahan. This appears to have been israels answer to irans unprecedented Missile Attack last week. Triggering iranian defences. Not long afterwards, this Amateur Video was put out from a nearby nuclear site. A man showing his watch as he indicates its safe and secure. Irans state tv quoted military officials downplaying the strike, saying there were only aerial interceptions. Triggered by the presence of three small drones that were present in that area. Other than that, nothing has happened. But israel took irans strike early on sunday very seriously. More than 300 drones and missiles were launched. 99 were downed. Iran said it
Have an exogenous event that drags down the whole mark and always say this could be the opportunity to get your toe in the water if youve got some spare money lying around yet after senator marco rubio said he couldnt vote for the tax bill the market took a hit and dow ultimately dipping 77 points s p declining 0. 41 and nasdaq edging down 0. 28 . How many took this moment and treated it as a buy, buy, buy im betting most of you didnt i dont want to get in front of this d rail freight train. Not after weve rallied hundreds of points based on the idea this tax bill will pass yet, the risk of being a pollyanna, id like to point out this is precisely the kind of event that brings out mass sellers, especially in the s p 500 stocks, well, and then creates the momentarily proverbial sale. Sell, sell, sell. On coveted merchandise you would otherwise have to chase to own and always say, look, theres a store that throwing a sale in the mall and, hey, lets get mothballs and im a buyer. Same kind
Its drive to create a Global Television network. Shares and costs are rising as subscribers switch on. Have amedia influence, i cool chart that shows a much immediate talk is affecting the market. Btv 5195. The blue bar you see on the bottom, they represent how many times you hear in the media, buy the dip. Since 2002. The more you hear this, particularly in the last several years, the higher the markets go. Maybe we have solved the puzzle. Why do these markets keep going up despite all these terrible headlines . Us, really. On saw interesting moves overnight. Not just stocks but also with dollar treasuries. He really is becoming more of a serious contender. Thet yellen speaking with president this week as well. I would love to be a fly on the wall at that meeting. John taylor now emerging as a front runner. The markets as you mentioned, they continue to move higher. We were reaching records again for the s p. The dow gaining 85 points. Nasdaq also higher by 3 10 of 1 . Not really gett
Later, is there a big target on big tech . Google is the latest tech company to get caught up in a political firestorm. Jim vandehei says the drama is just Getting Started first, we start out with the big story. Disney announcing it will pull all of its movies from netflix to start its own streaming service. The news taking down both those stocks julia borstein is at disney headquarters julia. Well, that is just part of the story. Bob eooiger announcing what he called a strategic shift announcing another 42 stake in bam tech he announced theyre going to launch a new espnbranded Live Streaming Subscription Service that will launch early next year saying it will have 10,000 live sporting events. This move capitalizes on a few trends that weve seen the sports side, first of all, live sports continue to be very, very popular 94 out of the top 100 tv shows in 2016 in the United States were sporting events for instance secondly, the espn brand is still very strong. And, third, we have seen a