A huge day for the bulls. To understand this kind of rally, you need to look rally, you need to look at the market through the eyes of a gigantic hedge fund manager, one that takes huge swings that can impact the market, especially when there are so many likeminded funds doing the exact same trade. The average having done nothing so far this year and were already middle of march and with the biggest move being that 6 swoon. The hedge funds, the ones that like to bet against the market, theyre feeling mighty emboldened. These pessimists hadnt been hurt all that badly when the market rallies and declines in individual stocks have been pretty staggering, particularly industrials and the big negatives have been stemming from overseas and when its overseas, not the United States and when its overseas, the fear factor is usually much higher out of ignorance. Its a little silly that the proximate cause of this years biggest decline was caused by some sort of problem in turkey or was argentina
In washington you have the house and the senate that want to go different directions. People will talk about the good old days of bipartisan compromise, by telling you how old they are. Because it is true that 30 or 40 years ago the republicans would get together with the democrats and they would argue about todays topics. All fights in washington dc work bipartisan. Going up to nixon. Lifetimeagans nice the twoparty sorted themselves out. Lon wants a more constrained view of the government, one wants a expanded view, and they are heading different directions. One wants to go east and one was to go west. What would compromise look like . Government, bigger and we have revised between bigger and much bigger credit each guy would go back to his corner and say you know, i got is a really good to have more than they wanted or less than they wanted. We were always compromising for bigger government. Which was not the direction that we want to go. Now we have one party that wants to go to le
Wisconsin pays 1,000 in dues. That was taken out by the city and school board and given to the union you never saw. Now it sits in your pocket until the union guys come and say, can we have our thousand dollars and youre allowed to say no. Oddly enough, several do. And he got a concealed carry in a pass that was one of two with no concealed carry for firearms. And every rich republican has made a contribution to him when the unions tried to recall him. Only governor whos ever been recalled who successfully defeated the recall and got himself reelected. Everyone else went down in american history. Pretty cool. Then go to rick perry. Faltered last time because you shouldnt take large quantities of Pain Medicine during debates. I have not had any in hours. But that said, he spoke at cpac, conservative Political Action conference and establishment press was saying wow, hes incredibly articulate. Yeah, when hes not taking Pain Medicine. Very successful governor for like 14 years. So theres
Specific and healthly swayed by Public Policy. I think that the things you could do is try things like requiring disclosure for plans negotiated here and set up a disclosure for city and county employees. Things like that, i think youll have a much better thank you very much professor. I appreciate you being here for all your hard work. And best of luck in the next few months. Im going to go pass out now. Okay. Up next is professor raps. Want to invite ann mccloud up who is the president of the hospital. Thank you for being here. Good afternoon and thank you for having me today. As Senior Vice President for hospital, cha represents more than 450 hospitals throughout the entire state of california. Were happy to be here today and we applaud your efforts with the goal of reducing Health Care Cost. I they we striving for that i think we striving for that and your folks said, achieving that aim. Were supportive of that. I want to say that i hope my comments today arent perceived as not bei
We will be tracking those across asia. We see shares in jakarta contained continuing again and a similar story in vietnam today. The Malaysian Ringgit climbing today. Rebels in india are making some rebels in libya are making some surprising moves. As elections kickoff and india, what better way than to launch all this off with a big deal as well. A 4 billion deal as far as generic Drugs Industry goes. It was a headache for one investor group. So we have another company who is prepared to take on that headache. The discount taking place perhaps because of it. Last week, ranbaxy rose 26 . Today, the ag sankyo which bought it back in 2008 is one of the for one of the few gainers on the naked 225, up 4. 5 . So that is clearly a market thumbsup on this deal. They are selling a 4 billion allstop bill. Allstock deal. They did not meet standards of the faa of the fda. There is an fda cloud hanging over it. Daiichi also has the fda hanging over one of its units. Ranbaxy already knows about the