That this market cannot bounce to safe its life. Each time it tries, sellers come in and push it back down. Much of that now has to do with oil, which was up nearly 4 today. Only to drop on that inventory data. Take stocks right with it. I think thats the biggest question now, joe. Why cant stocks in a tremendously over sold market catch a bounce . You just answered the question. It is about oil. The last two sessions weve had bullish activity as you approach the close that kind of lifted the market away from that potential overnight whoosh you would get. We keep talking about it from 2014. It doesnt mean the stock market cant have a bounce before doing that . The stock market listen, the market have very oversold. If Oil Stabilizes and if Jeffrey Gundlach is correct that yesterday of as shortterm low in oil, then, yes, we could have a bounce, but i dont think its sustainable. I dont think theres one thats going to reverse a lot of the negative price akt action that we have had not jus
Transcripts For WABC Eyewitness News Sunday Morning 20160117
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Judge will shorten that sentence. Jessica holly is live at the Metro Justice building. Reporter a convicted killer crying on the stand this morning and there are some who are notot buying it. Lets go to video and take you inside the courtroom. You will see michael hernandez. Hernandez was just 14 when he slit the throat of his best friend in a bathroom. His classmate also just 14 when he was killed. The killer is 26 years oldful because he was convicted as a juvenile, federal law requires a hearing to review and possibly change that life sentence. So far he has been questioned about fascination with serial killers and death metal music. The first thing he did on the stand was apologize to the parents of the victim. First that apology and assistant state attorneys response. Firstst and foremost, i want to for what i did to him. And it hurts me how insensitive it was because he was always such a good friend to me. I want to apologize to his family, to his mother and father. I didnt alway
Bush as chief economist and is dean of the Columbia Business School and johnson goolsby is an economic professor at the university of chicago. Lets begin with you, austin. Lets pretend for just a moment, we wake up tomorrow and the senate is controlled by the republicans, what happens next . Well, the senate wont be controlled by the republicans until they get sworn in. I think what will happen next is a mad dash to get as many things done with the democratic majority still in the senate as they go into the lame duck session. I dont know what glenn thinks but i dont think theyll get a whole lot done. And then it sets the stage for this battle of wills. Theres one group of people in the democrats, and you saw joe biden repeating this view, that if republicans take the senate, then the pressure will be on them to get something done so there will be more compromise and the other view, which i say i more believe in it would be more like 2010, if the republicans win, theyll say we just won,